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Blog

The small business blog for owner managers providing opinion & comment on all things related to small businesses

How close is your business is to profitability?

In our survey this fortnight, we asked how close your business was to profitability. While 12 per cent of you sadly fear that you may never be profitable, the vast majority is positive about the future, with 68 per cent either already profitable or expecting to be so by next year.

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Blog

Displeasure with the charges levied by bank’s

Our survey over the past fortnight shows that the majority of you are displeased with the charges levied by your bank and are either reclaiming or thinking of reclaiming them, with 24 per cent having already done so successfully.

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Small firms be aware – Bank of England rise in interest rates

With the news that the Bank of England may raise interest rates again by June, small firms need to be aware of the effect this may have on their business.

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Reducing the complexity of taxation regulations

Chancellor Gordon Brown made his Budget speech today to the House of Commons. During recent Budgets the Chancellor has announced initiatives to reduce the complexity of taxation regulations but progress has been limited.

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Small businesses reveal their toughest challenge

Opinion was divided among small business owners this fortnight. Of the 340 respondents to our poll, in which we asked you to reveal your toughest challenge, 39 per cent of you said that starting up in the first place posed the most problems.

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Can businesses save money on CBILS repayment costs by refinancing for a RLS loan?

Your business could save money on CBILS repayments by refinancing for an RLS loan – Funding Options tells us how

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What is professional indemnity insurance?

Professional indemnity insurance provides cover if somebody sues your business and they allege that your advice caused financial loss or damaged their brand. It’s not just for accountants and lawyers but for anyone offering a personal service, even web designers

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What is public liability insurance, and does it cover Covid-19 claims?

Public liability insurance can cover your small business if a third party has an accident or injury. But does public liability insurance cover claims made against your business arising from Covid-19?

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Business insurance everything you need to know

Every small business may need to be insured at some level. But which policies are must-haves, and which are optional? Edward Murray guides you through the maze