Every small business owner’s aim is to make a profit. When this profit arrives and the business grows, the complexity of the business can also grow and with this complexity operational and financial risk also increases. When this happens you may decide it’s time to change your trading status from a [...]
It’s a tough time to be a small business. Along with rising interest rates and spiralling costs for energy and materials, companies must also consider how to tempt customers to part with their hard-earned money during considerable inflation. With your business finances feeling the strain, you might be tempted to find [...]
The Help to Grow scheme is a government subsidised scheme that has been in place since 2021. It aims to help SMEs boost productivity by providing management and technology advice to business leaders. Sounds good, right? Well, not many businesses think so. Since its launch, just 2,500 small businesses have signed [...]
For a business to be successful, it needs to be efficient. In the long run, wasted time and money can be a significant problem, reducing your ability to grow and serve customers best. However, there are many ways to improve efficiency, and what works for some business models may not work [...]
The number of job vacancies in the UK rose throughout 2022, reaching a record 1.3 million in May. With far more job ads than candidates, it’s a tough time to be hiring for your company. However, there are ways you can increase your chances of attracting a stand-out candidate to your [...]
As a small business, getting your name out there is the only way you’re going to grow. Marketing allows you to build a consumer base, establish brand recognition, and ultimately sell more of your products or services. There are many ways to market your business in the 21st century; here are [...]
As the cost of living in the UK spirals, the Bank of England has raised interest rates to 1.25% – the highest rate for 13 years. It’s the fifth increase since December 2021 and will impact every part of the economy, from the housing market to pensions and savings. But increased [...]
After successfully running Accsys Accountants in Maidstone for over a decade, I purchased the practice in Rochester 2 years ago to help modernise it and take the business forward. From 30th June 2022, will become part of the Accsys family and will be known as Accsys Accountants (Medway). We will continue to serve [...]
Businesses have not had an easy time in 2022, experiencing everything from supply chain disruption, energy price hikes, general inflation, and mass employee resignations. Today, 77% of SME leaders are concerned about the cost of living crisis. Add to that an almost-certain official recession this year, and the future doesn’t look [...]
In 2020, a survey of British workers found that 79% experience work-related stress–up from 58% in 2018. Stress is a part of life, but it makes sense that workers are feeling more burnt out than ever before. With no end in sight to the cost of living crisis and many people [...]
