Tag Archive for Management

Action small businesses should take to prepare for a ‘no deal’ Brexit

Following the Government’s recent defeat in the House of Commons on the proposed Brexit deal, the prospect of a ‘no deal’ Brexit is now becoming increasingly real. Whatever the outcome of the ongoing discussions, the short time frame between now and the 29 March deadline increases the urgency for businesses to review the potential impact
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Internet issues cause the most stress for SME owners

Internet issues top the list of the biggest bugbears for entrepreneurs as we head into 2019. Over half (52 per cent) of small business owners complain that these problems were responsible for some of their firms’ most major tech-related headaches, according to IT support provider, Q2Q. Even though it was introduced six months ago, a
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New government initiative could stop some companies winning contracts

A new prompt payment initiative will ensure that all government suppliers and subcontractors get paid on time. Failure of companies to show that they pay their suppliers promptly could stop them from winning government contracts in future. Deciding who the government does business with Coming into force in autumn 2019, this initiative will ensure the
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Deadline passes for guaranteed payment before Christmas

A study by Xero has found that the average payment time for UK small businesses on standard 30-day invoices is 40 days. This means that, with less than 40 days to go before Christmas, a number of SMEs won’t get paid by the time Santa arrives. Not so jolly As we know, a lot of
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