Monthly Archives: December 2020

If you don’t give your company’s data security enough attention, the bad guys will.

The Drone Hardware Market Will Reach Over $22 Billion by 2041

by Jacob Wolinsky • December 16, 2020 • 0 Comments

IDTechEx Forecasts the Drone Hardware Market to be Over $22Bn by 2041

MacKenzie Scott, ex-wife of Jeff Bezos, donated $ 4.1 billion to charity event aimed at the pandemic

by Entrepreneur en Español • December 16, 2020 • 0 Comments

She mentioned that COVID-19 is “a wrecking ball for Americans already fighting” that “has substantially increased the wealth of billionaires.”

Europe’s small businesses call for three-month post-Brexit transition period

by Timothy Adler • December 16, 2020 • 0 Comments

Originally written by Timothy Adler on Small Business
Companies need a minimum three-month transition period for new regulation, even if a Brexit deal is agreed, say Europe’s small businesses.
SMEunited, the organisation which represents small businesses at an EU level, say businesses need a phased introduction to trading with Britain post-EU.
In order to allow SMEs necessary preparation time for new customs rules, transport requirements, phytosanitary tests and more, a phased three-month transition is required, says SMEunited. Otherwise, the new conditions will have serious repercussions for SMEs on both sides of the Channel.
>See also: How Brexit is going to affect your business – #1 imports
SMEunited warned many SMEs are struggling to adapt to the changing status of the EU-UK relationship. SMEunited has been encouraging its members to inform SMEs of the changes to EU-UK trade conditions, such as new customs rules and transport requirements.
Craig Beaumont, chief of external affairs at the Federation of Small Businesses said: “Some border checks and payment rules are already delayed to July, however small firms will need time to get to grips with the new requirements. We have asked the government to include in the deal a phased introduction of new trade arrangements for the most complex areas,

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Writing off Bounce Back Loans would be best thing to do, say accountants

by Timothy Adler • December 16, 2020 • 0 Comments

Originally written by Timothy Adler on Small Business
Writing off the £42bn worth of Bounce Back Loans that have been issued to small businesses is going more effective in the long-run than chasing debts which will never be repaid.
So says accountancy association the AAT, responding to the withering assessment of MPs investigating the Bounce Back Loan Scheme (BBLS).
Nearly two thirds of Bounce Back Loans, designed to help small businesses survive Covid-19, may never be repaid, according to the government’s own figures. That would leave the taxpayer staring at a loss of £26bn.
>See also: Europe’s small businesses call for three-month post-Brexit transition period
Writing off the entire £42bn worth of Bounce Back Loans would save the government £1bn in interest payments alone paid to banks while they chase bad debtors, and free up banks not to waste time working with costly debt recovery agencies.
Back in June, ex-chancellor George Osborne said that all emergency Covid-19 financial support should be written off – an assessment the AAT agrees with.
Taxpayers are facing a hit of up to £26bn because the government failed to “strike the right balance” between rescuing companies and protecting the public purse with an emergency loan scheme, MPs have warned.
>See also: Government plans

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How Content Marketing Became So Saturated

by Timothy Carter • December 16, 2020 • 0 Comments

These days, the online content world is downright saturated. There are millions of people all claiming to be “experts” in their chosen field. There are literally more than 600 million blogs. And it seems like everyone in the world has their own podcast.So how did this happen, exactly? Why is the content world so saturated with redundant (and often bad) content, and how can you fight against it?