Firms ‘should consider long-term cost of redundancies’
Firms should consider the ultimate cost of redundancies and use them as a last resort to cut outgoings, after it was revealed it comes at a price of over £16,000 per employee.
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The news section on Small Business UK allows you to keep up to date with the latest news, economic trends and regulatory developments affecting new and established UK small businesses.
Firms should consider the ultimate cost of redundancies and use them as a last resort to cut outgoings, after it was revealed it comes at a price of over £16,000 per employee.
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Half a million small businesses are closing their doors for the two-week period over Christmas, which is the highest figure since the 1990s.
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The majority of office workers have admitted to lying on behalf of their manager, with many taking the heat for a managerial mistake.
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Businesses are not sufficiently protecting their intellectual property (IP), with many taking no action, according to new research.
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Almost £2 million of European funding has been given to the Institute of Digital Innovation (IDI) to help start 90 new companies in the north-east.
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The main aim of European entrepreneurs is to be their own boss, as opposed to their US counterparts who say making lots of money is their main motivation.
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The ban on displaying cigarettes in shops could hit small businesses as they account for 20 per cent of sales in convenience stores.
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Businesses should educate themselves on how to protect against fraud, especially from 'sophisticated' internet criminals.
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The ban on displaying cigarettes in shops could hit small businesses as they account for 20 per cent of sales in convenience stores.
News
Businesses should educate themselves on how to protect against fraud, especially from 'sophisticated' internet criminals.
News
Mayor of London Boris Johnson has welcomed a funding package of £23 million to help small to medium-sized businesses in the capital.
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Over 40 per cent of small companies would consider moving their entire office online to save money in the credit crunch, new research shows.
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Consumers will be more open to direct marketing in the current economic climate as they are looking for more information before making a purchase, an expert states.
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Businesses pay on average £13,500 for crimes against them each year, with these acts accounting for 20 per cent of all recorded offences in the UK, new figures claim.
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