Monthly Archives: July 2017

The digital revolution and small businesses

The digital revolution has reached every aspect of our lives, from apps that track our sleep patterns to the fintech disruption – an amalgam which describes the transformation of financial services and the way payments, savings and banking is carried out. One of the sectors which has the most to benefit from digital innovations is
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Early warning signs of downturn loom among UK SMEs

Signs that the economy may be heading for a downturn are evident amongst UK SMEs, according to the latest SME Confidence Tracker report from business funder, Bibby Financial Services (BFS). Data for Q2 reveal that bad debt – the value of unpaid invoices written-off by each business – has jumped to £20,403, an increase of
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Why Kalanick’s departure from Uber is a victory for company culture

Uber has lost its founder and CEO. Travis Kalanick has gone. For most companies, to lose a powerful leader and a globally-recognised company face would be a disaster. But at Uber, that might not be the case – in fact, this may very well be a good thing. We can all learn from Uber and
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Lack of sick pay leaves UK workers on financial cliff-edge

A new report reveals UK employees are at risk of a severe financial shock in the event of ill-health, with many being unable to pay their household bills for more than six to eight weeks due to a lack of sick pay. The report, from health and wellbeing provider BHSF, titled ‘A high wire with no
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Research shows SMEs struggle without a procurement function

Procurement is just as vital for SMEs at it is for large organisations, with formal procurement processes serving an equally critical role in helping them reduce costs, keep control of spend and eradicate labour intensive processes, according to new research from eProcurement provider Wax Digital. The research conducted with both professionals and other management in
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