Advice and Ideas for UK Small Businesses and SMEs
Articles, guides, and news on insolvency issues for UK small businesses.
News
3,967 businesses ceased trading in the first quarter of 2017 due to an increase in insolvencies in UK small businesses.
News
UK expected to face the sharpest rise in business insolvency of any EU economy over next 12 months, study reveals.
News
760 businesses ceased trading in December 2016 with another 1000 expected to cease trading and close in 2017.
News
Statistics released by the Insolvency Service for Q3 2016 show a 2.2 per cent rise in corporate insolvencies, following the drop in the previous quarter.
Legal advice
Vanessa Crawley looks into what Brussels’ new proposals on bankruptcy protection will mean for small businesses in the UK.
Accounting
Here, we present the solutions available to directors facing insolvency.
News
Fewer UK businesses failed in 2012 than the previous year, with 1.04 per cent of the business population failing compared to 1.10 per cent in 2011.
Accounting
A growing number of small businesses are simply closing down and abandoning their debts to avoid the associated costs of formal insolvency.
News
A survey reveals that 96 per cent of businesses believe insolvent companies should not be allowed to take advantage of pre-pack administrations.
Legal advice
It's a grim fact that up to 80 per cent of new businesses launched each year fail, most within the first five years of operation. Once cash flow has dried up and creditors start knocking on the door, the most likely action taken by UK entrepreneurs is to declare bankruptcy.
News
The century-old chain of Woolworths is the first high-profile casualty of the year. As it closes its doors for good, what lessons can be learned?
Legal advice
According to the latest figures released by business analyst and information service Experian, corporate insolvencies in the UK have fallen by 8.8 per cent during the first three months of 2007 compared to the same period the previous year.
Business Loans
Everything you need to know on what small business loans are and what types of loan are available for your business.
Business Technology
To run an optimal business, you must have optimal tech. We explain why you must upgrade your business technology on a regular basis
Investing in a franchise
Starting a new business is an exciting venture. But – especially in well-established industry sectors – a key question is whether it would be better to buy a franchise or go solo.