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Small Business Team
Accounting
Advice and Ideas for UK Small Businesses and SMEs
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Over three-quarters of Britain's small businesses are not confident that they are complying with mounting legislation, according to research from information technology supplier Dell.
Accounting
Many people starting their own businesses like to start up part-time initially while still remaining in full time employment in order to test their idea or even to run their venture on a permanently part-time basis.
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More than two and a half hours a day are lost through technological and individual inefficiencies, adding up to around 80 days a year per employee.
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Business post that is undeliverable and does not have a return address will be destroyed by the Royal Mail in a change to its previous practice, warns the Association of Chartered Certified Accountants (ACCA).
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A £284 million initiative to help business reduce waste and cut costs has been officially launched by Environment Minister Elliot Morley.
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Small firms are sacrificing productivity due to a lack of time to plan their business strategy properly, according to the Department of Trade & Industry (DTI).
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Trade and Industry Secretary Patricia Hewitt has revealed that the UK's minimum wage will rise to over £5 an hour later this year.
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With three-quarters of businesses the victims of IT systems security breaches, the DTI has produced a free guide to help protect private and sensitive information from prying eyes.
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Small businesses should be aware of forthcoming changes to the tax and National Insurance regime relating to childcare provided by employers.
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Size does matter when it comes to bagging Government contracts, according to small business lobby group the Federation of Small Businesses (FSB).
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Small and growing businesses looking to raise funds could benefit from two free and comprehensive guides launched by the Department of Trade & Industry.
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Small firms will soon have direct access to Government business opportunities through a national web portal from the Small Business Service (SBS) and the Office of Government Commerce (OGC).