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Jun 02 2008

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News

Small businesses 'hit with VAT burden'

Small firms will be especially burdened with administration costs from the reduction in value-added tax (VAT), according to the Chartered Institute of Taxation.

Sales figures predict lean Christmas

Christmas this year could be harsh for small retailers, after figures from the Confederation of British Industry (CBI) show sharp falls in high street sales.

Trade credit insurance hurting retailers

Retailers being refused trade credit insurance is leading to problems in the industry, especially for small to medium-sized businesses, the British Retail Consortium (BRC) warns.

Dragons' Den 'dumbs down business'

Small firms feel shows like Dragons' Den and The Apprentice dumb down the public perception of businesspeople.

Small companies should monitor net usage

Small firms need to introduce policies on personal internet usage at work as almost a third have no limitation at all.

Government to review procurement

A review into the public sector contract procurement process has been welcomed by the Federation of Small Businesses (FSB), which hopes it will lead to a fairer deal for firms.

'Invest in IT' to boost business

Small firms need to encourage more flexible working practices and invest in IT skills to increase productivity.

Companies 'should focus on staff skills'

The current climate makes it more critical for businesses to invest in developing people and increasing their skills.

Proposals for SMEs not effective, says BCC

David Kern, chief economist at the British Chamber of Commerce, has criticised Alistair Darling’s Pre-Budget proposals for SMEs.

Tax rise put on hold

The planned one percentage point rise in corporation tax has been put on hold in an attempt to boost small businesses.

VAT cuts 'will not help small firms'

A reduction in value added tax (VAT) of 25 pence in the pound will not help small businesses and many may not pass it on, say some entrepreneurs.

Guides & Tips

Redundancy is not the only option

Many SMEs will have to control staffing costs over the coming months. Smallbusiness.co.uk has teamed up with Simon Kite, a partner at chartered accountants Saffery Champness, to offer some tips on how to cut costs and avoid the redundancy route

What benefits do staff want?

 Oval Financial Services’ Debby Hannaford explores how focus groups and surveys can be used to gain constructive and positive feedback about employee benefits packages

Automated hacking

What do the Sony Playstation game ‘SingStar Pop’ and the Association of Tennis Professionals (ATP) have in common?

Store

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FT Guide to Business Start Up

Formerly the Lloyds TSB Small Business Guide, the FT Guide to Business Start Up is now published by Pearson Education. Written by Sara Williams, CEO of Vitesse Media Plc, this unique guide has sold over two million copies. It offers practical advice about starting and running your own business.

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