Hot Business News Today

Don’t Go Broke: Ways to Make and Save Money This Holiday Season

If you’re like me, the holiday season is also that time of year when waistbands and budgets seem to fly right out the window (stretchy yoga pants, anyone?).  Even with that notion, the holiday season continues to be one of my favorite times of the year. I adore the family get-togethers, digging out decorations, gift-giving, […]

The post Don’t Go Broke: Ways to Make and Save Money This Holiday Season appeared first on The Work at Home Woman | Legit Work From Home Jobs.

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How to choose a debt collection agency

Originally written by chrisleslie on Small Business
Recent reports in the press advising that banks may be looking to bring in third-party debt collection to collect Bounce Back Loans (BBLs) that go “bad” raises a number of important issues.
Debt collection agencies have always supported banks in collecting non-performing loans, credit card debts, mortgages etc. so to that extent the story is nothing “new”. What is new, perhaps, is the tone in which the story is being reported, and that seeking professional help is a sensible step for banks and Government to protect what is, in many ways, the public purse.
Certainly, whether directly or indirectly, the availability of credit impacts us all, and we should applaud those who take steps to strike the correct balance. Banks fear they may be “overwhelmed” with the task and are, understandably, concerned about protecting their reputations. They are also concerned about the increased blurring of the lines between personal and business debt, and the accelerated focus on vulnerability. Which is precisely why expert help is required.
>See also: Nearly two thirds of Bounce Back Loans could go bad, says government
How to choose a debt collection agency
Bringing this debate into the open raises another important issue, not least

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Government extends business furlough scheme until December at 80%

Originally written by Timothy Adler on Small Business
The government has extended the furlough scheme for UK small business employees at 80 per cent of wages for days not worked.
The extended UK-wide furlough scheme will run until Wednesday, December 2 covering 80 per cent of the salary for hours not worked due to compulsory lockdown, up to a maximum of £2,500.
Businesses will only be asked to cover national insurance and employer pension contributions which, for the average claim, accounts for just 5 per cent of total employment costs.
Employees can either be furloughed full-time or on a part-time basis.
>See also: Just when you thought it couldn’t get worse, business rates return in April
Business grants
Small businesses forced to shut during the month-long lockdown in England will also be able to claim grants worth up to £3,000 per month per premises per month.

For properties with a rateable value of £15,000 or under, grants to be £1,334 per month, or £667 per two weeks
For properties with a rateable value of between £15,000-£51,000 grants to be £2,000 per month, or £1,000 per two weeks
For properties with a rateable value of £51,000 or over grants to be £3,000 per month, or £1,500 per two weeks.

In addition, another

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