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91% of SMEs support change to tax year

 A survey by accountancy firm BDO found that 91% of mid-sized businesses overwhelmingly support a change to the tax year from 4 April to 31 December. Nine out of 10…
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Combatting late payment

Late payment continues to be a chronic problem small enterprises face. As the business community looks forward to a post-pandemic trading landscape, we look at what practical steps can be…
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SMEs plan to hire more staff as confidence returns

Half of UK SMEs, 56%, expect to recruit more staff over the next year with 60% of SMEs intending to invest in their businesses, with only 20% intending to borrow,…
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Staff shortages threaten future SME growth

SME businesses remain optimistic about their post-pandemic recovery but staff shortages and concerns around rising inflation threaten future growth. The findings from accountancy and advisory firm BDO reveals that business…
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Why is SME funding accessibility determined by UK location?

The main reason for the geographical disparity is the fact that most businesses’ fundraising is asset-backed. In other words, the scale of the assets a business has available is dependent…
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SMEs feel confident but frustrated by lack of financial backing

SME owners are feeling more optimistic and are keen to invest in growth but are frustrated by the mix of financial options open to them, according to a survey from…
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The Best Invoicing Practices Every Small Business Should Follow

We all love getting paid quickly, and the best way to make this happen is to manage your invoices well. A report by Entrepreneur found that US-based small businesses have…
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Brexit preparations

British businesses are beginning to turn attention to Brexit preparations. But they need to consider how the internal market will change at the end of the transition period. Here’s what…
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