Monthly Archives: February 2017

Limited company directors fail to understand basic business concepts

A new survey of 250 UK limited company directors by CompanyHelp reveals shocking levels of misinformation, lack of understanding of key financial facts and also the precarious business situation UK’s limited companies are in. According to the research, 60 per cent do not fully understand how a directors’ loan account functions. A quarter (26 per cent) of
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Why SMEs should consider spend control

Research by the British Chambers of Commerce highlights that more than half of small and medium-sized firms plan to increase control on their prices this year due to the weak pound. A similar number also say that currency is having a negative impact on their profitability. The BCC says that rising import costs are squeezing SMEs’
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