Monthly Archives: November 2016

Ten important steps to take when setting up a new business

You may wonder whether you ‘have what it takes’ to set up a new business, but the truth is that everybody has it. What makes the difference in turning the seeds of an idea into a successful business is having the drive and determination to persist with it, but also putting the planning in and
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SME owners to tackle Making Tax Digital reforms without support

As HMRC closes the latest consultation round of its Making Tax Digital reforms, new research from Geniac reveals the potential impact on SMEs across the UK. At Budget 2015, the government set out the vision for a transformed tax system and in December 2015 launched the Making Tax Digital Roadmap, outlining more detail about what
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How does your business boost sales with sustainable packaging?

‘Going green’ is a phrase that defines the past decade, as we become increasingly aware of the need to minimise our impact on the environment. The over-use of packaging materials has really taken the spotlight recently, especially with the success of the UK’s recent 5p carrier bag charge which reduced plastic bag usage by 85
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How to raise finance if you sell on Amazon

Online businesses that sell through sites like Amazon often have a tough time getting finance through their banks. The lenders on the high street are used to dealing with bricks-and-mortar businesses with physical assets, rather than online-only sellers, and it’s hard to fit the latter into their somewhat rigid criteria. This is a big problem
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Accountants risk future by not keeping on top of tech skills

The arrival of cloud software is causing accountants to develop their tech skills and look beyond traditional number crunching services and into data analysis and management consultancy, according to a new report. Signalling a new era in accounting, the report from Xerox reveals that significant numbers of accountants think business management (48 per cent), risk
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Small business confidence hits 2016 peak

After the EU referendum, big businesses may be contemplating moving headquarters overseas, but SMEs are planning with confidence, a new study reveals. Hitachi Capital Business Finance asked 1,006 small and medium sized enterprise owners what best described the outlook for their company over the next three months. The study finds an 11 per cent increase
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