After years of seemingly giving a free reign over R&D claims with very little scrutiny, HMRC are now shifting significant resources to their Research and Development Anti Abuse Unit. The new unit is dedicated to reviewing R&D claims for both small and large companies. HMRC estimates that the total monetary value [...]
Any marketeer will tell you that a successful marketing strategy needs to contain a mix of activities. One of these activities should include Networking. When you think of Networking you might think of early morning meetings, with strong coffee and a hit or miss breakfast, but Networking is much more than [...]
The UK’s economic outlook for 2022 doesn’t make for happy reading. Consumer spending is slowing as the cost of living increases and businesses are also seeing expenses rise, a costly combination that looks set to worsen. The country has already experienced record-breaking inflation this year–reaching 9%, but expected to rise to [...]
The worst thing about your business not being efficient is the opportunity cost the loss of other things you could be doing with the time. If your business is inefficient, you are effectively wasting time doing things that could be done quicker, this time could be spent on a myriad of [...]
It's lonely at the top – running a business is not a common position. In their work-life, most people have a boss or a manager who can guide them and give them the benefit of their wisdom. When you are the owner and manager, there isn't anyone there to bounce ideas [...]
How often do you stop and ask yourself where your business is going? If it is regularly, then you are in the minority. So many business owners plod along doing the same thing without ever actually taking the time to think about where the business is going. Many business owners don’t [...]
I read the sad news that Rooks Butchers had gone into administration making 155 people redundant. Click here to read more. The business was founded in 1965 and was well established in Kent, with a great reputation for quality. Whilst I can’t comment on the inner workings of this business, no [...]
We know of lots of small business owners that live their work. That isn’t a shock. When you are the sole person responsible for making sure that your business is doing what it is meant to be doing, it is very hard, if not impossible, to switch off. And can you [...]
A simple fact of life – good things happens to the organised, bad things happen to the disorganised. Have you ever noticed that the best tables in the restaurants, the best seats at the cinema and the best days out are enjoyed by the people who get organised, who book it [...]
Most business owners are motivated to run a business because of the money. They want to provide for their families, build a better life and put away something for their retirement. The businesses finances are key to everything; the numbers need to add up to make it work. The problem arises [...]
