Monthly Archives: May 2020

Government eyes extending 60% furlough scheme until September

Originally written by Timothy Adler on Small Business
Chancellor Rishi Sunak is eyeing extending the Coronavirus Job Retention Scheme furlough until September with Treasury covering 60 per cent of staff wages.
The Treasury is also considering topping up wages of part-time staff taken off furlough as they drift back in to work.
Previously, the chancellor has said there will be no “cliff edge” of businesses having furlough support suddenly switched off as they reopen. Originally, the furlough scheme was set to expire at the end of May, then July, and now, apparently, September.
Prime minister Boris Johnson announced a very limited opening up of the economy last night, with only those who cannot work from home being encouraged to return to work.
Shops could reopen by the start of June, while some outdoor hospitality venues and cinemas may reopen in July – providing the government sees evidence of the coronavirus dying out.
Garden centres and golf courses are other businesses reportedly being allowed to reopen this week.
Ongoing headache
How to wean businesses off the Coronavirus Job Retention Scheme, which currently costs the Treasury £6bn a month, is an ongoing headache for the Treasury. The scheme could end up costing as much over a year as the NHS.

Read more...

How to reopen your small business post lockdown – what we know so far

Originally written by Timothy Adler on Small Business
UPDATED: Boris Johnson has outlined the first tentative steps to reopen small business, including the phased reopening of shops and hospitality.

Shops will be able to reopen on June 1
Some hospitality services will be allowed to re-open from July 4

The government has published its document fleshing out prime minister Johnson’s nationwide address, which goes deeper into its strategy to help reopen small business.
Shops planning to reopen post June 1 could badge themselves “COVID-19 Secure” by following guidelines shortly to be published by government after consultation with business groups and others.
By July, the government would like to see remaining small businesses that have been forced to close, including hairdressers and beauty salons, pubs and hotels and cinemas also reopen.
But any phased re-opening of small businesses will be reversed if the rate of coronavirus infection creeps back upwards – as is already being seen in Germany and South Korea, which have loosened up their own lockdowns.
Reopen small business
Mr Johnson said: “We must also recognise that this campaign against the virus has come at colossal cost to our way of life. We can see it all around us in the shuttered shops and abandoned businesses and darkened

Read more...

The complete checklist on starting a business the simple way

Originally written by Timothy Adler on Small Business
So, you have made the decision to start your own business, great! Let’s work on turning your idea into a reality. There is a lot to starting your business properly, this is why we have put together this 18-item checklist you’ll need to do before you start your company all the way through to your regular routine once you have formed your limited company
Checklist for before you start your company
#1 – Research
You should research the viability of your business idea, as well as who your target market is. You will also need to research who your competitors are and how your business idea differentiates from them. Once you have done this you should test your product to make sure your product is right for your target market and there is a need for your product or service.
You can find some testing methods in our previous article Escaping the nine to five: can I turn my passion into my business?
#2 – Think of a name
Your business name can come to you instantly or it may take longer to come up with. Either way you need to carefully consider what your business name will be

Read more...

Learn How to Make Money Designing Simple Graphics

Graphic designers can make a pretty tidy living these days. But you don’t need to have formal training or be able to create complex designs to make money as a graphic designer. You can make decent money designing simple graphics for clients who don’t have the time or the eye for it. Depending on how […]

The post Learn How to Make Money Designing Simple Graphics appeared first on The Work at Home Woman | Legit Work From Home Jobs.

Read more...