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Remote working as a business benefit

Remote working as a business benefit

Posted by on Jul 2, 2013 in BUSINESS | 0 comments

When it comes to remote working, SMEs are those least likely to have implemented the system, despite being the exact kind of business which could benefit the most. Saving both time and money are important when keeping a small business afloat, and these are the exact things remote working can help you with.

The benefits of remote working really are limitless. While you do have payments to make upfront, the money which is saved in the long run means you’re likely to benefit almost instantly, as well as helping improve the working lives of your clients and employees.

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Work Pension Rules of Auto-Enrolment

Work Pension Rules of Auto-Enrolment

Posted by on Jul 1, 2013 in BUSINESS | 0 comments

Thanks to a new government shakeup, the work pension scheme is set to change over the next five years.

As of October last year, the practice of auto-enrolment is being phased into businesses all over the UK. Quite simply, the new legislation will see the mandatory enrolling of employees onto a workplace pension scheme, and essential contributions paid by the employer.

At present, large firms are taking on the new rules and smaller companies are expected to follow suit over the coming years. The gradual phasing is meant to help iron out any complications before it is implemented fully.

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Managing an Office Relocation

Managing an Office Relocation

Posted by on Jun 21, 2013 in BUSINESS | 0 comments

When starting out a business, the main focus is getting the company off the ground. With so many things to be thinking about and managing, it’s highly likely that the company founder finds him or herself covering all aspects of work while more employees are brought in.

Businesses can take years to grow, so at first there’s no reason to invest in a big office space. Many companies are run for years from a small office space, especially if employees are mostly remote or the business only requires a handful of people for it to be successful.

As soon as things in the office start to feel crowded though, it’s time for relocation.

It may seem like a hassle, but it’s absolutely essential for a growing company. If you do it strategically, everything should go smoothly and you’ll be back in business in no time.

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Good News for Small Businesses

Good News for Small Businesses

Posted by on Jun 19, 2013 in BUSINESS | 0 comments

The Funding for Lending scheme was set up by the Bank of England with the support of the government to make it easier for entrepreneurs to set up a business.

The scheme allows building societies and banks to approach the Bank of England to borrow money at rates cheaper than standard, for up to four years. In turn, the banks and building societies can offer lower interest rates and access to credit to businesses.

It’s not uncommon for small and medium-sized businesses to require a loan during the early stages of the company. Accessing the finance isn’t always that easy though.

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Energy regulator to help make it easier for smaller businesses

Energy regulator to help make it easier for smaller businesses

Posted by on May 21, 2013 in BUSINESS | 0 comments

Understanding the way in which gas and electricity bills work is something that can lead to confusion all too often, especially for small businesses who have to watch every penny. However, changes due to be implemented very soon could make it easier for them to know how much they’re expected to pay for their energy supply.

The proposals by energy watchdog Ofgem will help to make it easier for small firms to switch supplier and will also see energy suppliers give their customers clearer information on how much they’re expected to pay. Shopping around for better deals with different suppliers could also be simplified too.

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Difficulties faced by small businesses in Wales

Difficulties faced by small businesses in Wales

Posted by on May 16, 2013 in BUSINESS | 0 comments

Something many businesses often find problematic is being able to secure a loan from their banks, no matter how small or risk-free it may be. This scenario is being played out across Wales, and it seems that smaller firms are the ones bearing the brunt of banks’ reluctance to give them money to invest in their futures.

The Welsh Assembly and the Westminster Government are to launch a review into how difficult small businesses in the principality find accessing finance from the banking sector. As part of the review, they would also investigate alternative sources of finance available for SMEs in the region.

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