SMEs have to take on a direct responsibility to review their business, assess their core offering as well as detect and repair cash leaks within their organisation which prevent them from maintaining a healthy bottom line. Here are some spring clean tips to enable you achieve a more effective and successful operation: Reassess your business…
Get a bespoke health assessment of your business with recommendations and opportunities to help meet future goals. We realise that every business is different and therefore a bespoke approach will be applied when reviewing the state of your company. Standard principles exist and whilst we will target those areas, we will also look at other…
Many business’ good intentions to make a vigorous start to the new year have been blown off course by the arctic conditions that have enveloped the country in this first week of 2010. Research in previous cold spells suggests that productivity and trade, whilst temporarily disrupted, is not seriously affected in the long term. The…
A LUTON company’s survey has proved the answer to the old joke “how many people work here?” The answer is of course, half. Outsource specialists eFinancial Management (eFM), based in Maxet House, Liverpool Road, conducted its Efficiency Of Employment Survey 2011 and found that employees in finance roles are spending only 55 per cent of…
The Knowledge Hub, the University of Bedfordshire’s gateway to business, has announced the winner of its annual Business Plan competition 2011. The Knowledge Hub, the University of Bedfordshire’s gateway to business, has announced the winner of its annual Business Plan competition 2011. The competition is open to staff, students and the public. An independent judging…
In November 2011, the Prime Minister announced a new growth package to help SMEs as they struggle with significant cashflow problems which seem to worsen as the economy gets harsher, the Eurozone crisis deepens and SMEs themselves remain reluctant to get help. While some question the impact this will have on an already suffering and…
Almost every UK worker over compulsory school age is legally entitled to be paid at least the National Minimum Wage. This is obligatory regardless of any working conditions and agreed terms. Entitlements are due… whether the worker is paid monthly, weekly, in cash or by other means. whether the worker works full-time, part-time or in…
New European Directives Could Change Financial Reporting Requirements For Small Businesses. Annual accounts could be simplified for the smallest companies and financial reporting requirements could be reduced in 5 major areas including: accounting policies; guarantees, commitments, contingencies and arrangements not recognised in the balance sheet; post-balance sheet not recognised in the balance sheet; long-term and…
The Agency Workers Regulations (AWR) is now effective. What does this really mean? This law was introduced in 2010 to protect temporary / agency workers from exploitation and give the workers various levels of rights that they would otherwise not be entitled to as ‘non-permanent employees’. Following on from this, many companies are rethinking their…
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