Businesses believe that they will need skills in finance, trade, and taxation to help them navigate business growth over the next 20 years. According to the Lloyds Bank Business Barometer, 83% of businesses expect the next 20 years to be more challenging than the last two decades which included the 2008 financial crisis, recession, Brexit,…
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The overwhelming majority of SMEs say that their accountant plays a critical role in their business operation and is their first point of contact. The Count on Accountants research, conducted by Sage, revealed that 91% of SMEs consider that their accountant is a vital adviser to their business, although nearly two-thirds, 64% of accountants believe…
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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 ACCA UK (the Association of Chartered Certified Accountants) and The Corporate Finance Network (CFN) According to the ACCA’s SME businesses tracker, a total of 89%…
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Two thirds of small and medium businesses have had their cash flow negatively impacted by the pandemic, while 23% have been hit ‘very negatively’ The latest research by online lending platform CapitalBox found that cash flow issues had curbed investment with 25% claiming that they had been unable to pay employees and a further 15%…
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