Originally written by Timothy Adler on Small Business
Alok Sharma, the business secretary, is considering renewing lifeline grants for small businesses which find themselves in sudden local lockdowns.
Ministers are worried about the effects on local economies, especially in the North, if small businesses have to shut up shop again because of wildcat lockdowns.
The so-called Red Wall constituencies in the North of England will be especially vulnerable to sudden lockdown once the furlough scheme comes to end in October.
>See also: How to claim your £1,500 Kickstart Scheme grant
Ministers are looking at a system of local lifeline grants to help small businesses keep staff on, modelled on an £11bn scheme used during the lockdown, according to The Times.
Pubs, cafés, restaurants, hotels and other hospitality businesses forced to close during the lockdown were eligible for grants worth up to £25,000 each, while other small businesses were handed £10,000 in one-off support.
Almost one fifth (17 per cent) of small businesses don’t think they’d survive another lockdown and would be forced to stop trading permanently if one came into effect, according to a new report by small business insurer Simply Business.
Alan Thomas, UK CEO at Simply Business, said: “The nationwide lockdown has had a significant effect
Monthly Archives: September 2020
Hot Business News Today
What’s the right way to go about advertising jobs for my small business?
by Anna Jordan • • 0 Comments
Originally written by Anna Jordan on Small Business
Business owners will find themselves in this place at some time or another. They have a job position to fill and they know just the person for it – but they feel like it’s worth advertising jobs anyway. Is it even necessary?
With the help of Kate Palmer, associate director of HR Advisory at Peninsula, We take a closer look.
Internal recruiting vs advertising jobs
For fairness’ sake, it’s best to advertise, shortlist and interview for every role available within your business.
This ensures everyone is given a chance as well as ensuring your decision is the best one that you can make in the circumstances and is demonstrably fair.
Though it is up to you if you choose to advertise. Simplistically speaking, you are not required to advertise a role and are free to appoint someone internally in the new role.
However, while no legislation exists to demand this is done, there are some risks to not advertising.
You could leave yourself open to a discrimination claim from someone both internally and externally, should they find out about the post and the lack of opportunity to apply.
If so, you should consider any application from them to avoid a grievance
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Running Your Business In Just 3 Hours a Night
by Kanika Tolver • • 0 Comments
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Yola Robert Will Convince You It's OK to 'Suck At Life'
by Sarah Austin • • 0 Comments
The up-and-coming podcaster and lifestyle blogger has learned that failing fast can also be the quickest way to success.
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Amazon Live Is A Thing: Here's How Your Brand Can Benefit
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As ecommerce shows no signs of slowing down, brands and influencers have a new way to boost awareness and sales.
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Does Your Organization Need a Chief Innovation Officer?
by Tanner Simkins • • 0 Comments
A CINO isn’t just a one-man ideas machine. They help to create a company culture of innovation, and get investors on board with visionary change.
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Jenny Campbell: ‘Did I think I’d ever be invested in hand sanitiser? No!’
by Anna Jordan • • 0 Comments
Originally written by Anna Jordan on Small Business
Welcome to the second series of Small Business Snippets, the podcast from SmallBusiness.co.uk. Today’s guest is Jenny Campbell, a businesswoman, investor, speaker and former Dragon.
We discuss tips for investment in the time of COVID-19, exit planning and whether your business should still be accepting cash.
Have a listen to it in the media player below.
You can also catch our episodes with:
Digital guru and investor, Sherry Coutu
Entrepreneur and former Dragon, Rachel Elnaugh
Businesswoman and Dragon, Deborah Meaden
Entrepreneur and The Apprentice 2005 candidate, Tim Campbell
Gousto CEO, Timo Boldt
Entrepreneur and The Apprentice 2018 candidate, Jackie Fast
Investor and former Dragon, Piers Linney
Investment fund manager, Nicola Horlick
Supermodel turned entrepreneur, Caprice
We’ve got podcast episodes from the first series looking at:
How one business owner’s mental breakdown caused her to see trolls from her past
How one entrepreneur hired a videographer to track their every move and build their business brand
How funding a business led one entrepreneur to stress-related alopecia
One entrepreneur’s first professional public speaking engagement
Adapting to UK life and learning English before starting a business
Securing seed funding
Finding the perfect head of customer care
Reaching a £1 million annual rate of return
Boosting client numbers from 30 to 850
Starting a brand new business from scratch
To find
Hot Business News Today
Alok Sharma wants to throw small businesses in lockdown lifeline grants
by Timothy Adler • • 0 Comments
Originally written by Timothy Adler on Small Business
Alok Sharma, the business secretary, is considering renewing lifeline grants for small businesses which find themselves in sudden local lockdowns.
Ministers are worried about the effects on local economies, especially in the North, if small businesses have to shut up shop again because of wildcat lockdowns.
The so-called Red Wall constituencies in the North of England will be especially vulnerable to sudden lockdown once the furlough scheme comes to end in October.
>See also: How to claim your £1,500 Kickstart Scheme grant
Ministers are looking at a system of local lifeline grants to help small businesses keep staff on, modelled on an £11bn scheme used during the lockdown, according to The Times.
Pubs, cafés, restaurants, hotels and other hospitality businesses forced to close during the lockdown were eligible for grants worth up to £25,000 each, while other small businesses were handed £10,000 in one-off support.
Almost one fifth (17 per cent) of small businesses don’t think they’d survive another lockdown and would be forced to stop trading permanently if one came into effect, according to a new report by small business insurer Simply Business.
Alan Thomas, UK CEO at Simply Business, said: “The nationwide lockdown has had a significant effect
Hot Business News Today
10 Accessories Entrepreneurs Will Use Daily, Save More During This Labor Day Sale
by Entrepreneur Store • • 0 Comments
Hot Business News Today
How to Make Money Blogging Fast
by Editor • • 0 Comments
If you’ve ever wanted to start a blog and monetize it, there is no time like the present. Blogging can be very rewarding, and you can even earn passive income from your blog after putting in a lot of hard work. The only potential drawback of starting a blog and running it like a business […]
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