Advice and Ideas for UK Small Businesses and SMEs
The Insolvency archive.
News
Bank of England expects the number of small businesses that collapse to rise this year as restrictions on winding-up orders are removed
Sole trader
What do you need to do as a sole trader if you decide to wind up your business? Emma Twynholm of Hillier Hopkins offers a step-by-step guide
News
Research suggests British small businesses are in more vulnerable position than SMEs in Germany and France
Outlook
Nearly 135,000 businesses in trouble with accountancy firm Mazars warning of ‘calm before the storm’.
Government Grants
9m jobs could disappear if 600,000 stricken businesses are allowed to go under without more Covid pandemic financial help
Accounts & Tax
New standard form offers SMEs same protection from creditors as big companies who trigger Company Voluntary Arrangements (CVAs)
Legal advice
How you can save your small business by becoming insolvent. A step-by-step guide to going into administration versus a CVA.
Outlook
Anti-lockdown campaigner Simon Dolan believes the trickle-down effect of the Government’s new insolvency bill will end up hurting sole traders the most.
News
One in four businesses in Britain has already shut its doors, according to latest Office for National Statistics survey
Business management
With two out of five SMEs already closed, and many more contemplating ruin, insolvency practitioner John Bell offers to step-by-step guide to winding up your small business
News
39% of small and medium-sized businesses have either already closed down temporarily or are planning to do so within next month
Accounts & Tax
There are steps you can take if you suspect a company you supply is heading into administration and owes you money, says Rebecca Dunne
Masterclass Series
Simon Cureton, CEO of Funding Options, explores the benefits of Open Banking for small and medium-sized businesses
Partner content
Now valued at €1.82B, PayFit aims to strengthen its position in its current markets
Masterclass Series
Simon Cureton, CEO of Funding Options, walks us through the 'green boom' in eco-friendly businesses along the growth of green finance
Masterclass Series
This article from Tracc looks at the changing funding landscape and how business owners can improve their chance to secure funding themselves