Advice and Ideas for UK Small Businesses and SMEs
The Insolvency archive.
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
Outlook
4,187 companies become insolvent between January and March this year, according to The Insolvency Service, while 484,000 UK businesses are in significant distress
Business management
Insolvency has reached a near six-year high and it's hitting small businesses hard. Mark Gardner from Excello Law, explains how the government has failed.
Partner content
Your business could save money on CBILS repayments by refinancing for an RLS loan – Funding Options tells us how
Partner content
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
Partner content
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?
Partner content
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