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Why the Government needs to get tough on late payments

Could your small business afford to wait 60 days to get paid? Why more must be done to halt late payments

As regular readers know, my blogs aim to offer up straightforward, practical advice to help improve daily business life. This week I am on a slightly different track after reading about plans to tighten up the Prompt Payment Code. Many small businesses have larger companies amongst their customers.  After all, commercial contracts can bring in …

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Is it time your small business adopted a cloud HR system?

Business owners who have worked in large businesses know how wasteful many are. It is a different story for small businesses where every bit of waste means less income and more hassle for you, the owner.  For most small businesses, people are either the largest or second largest cost. It is not unusual for me …

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Making Tax Digital – why it’s good for small business

Concerned about Making Tax Digital? Why the digital drive is good for your small business

Wednesday (7 August) is the first filing deadline for businesses with an April to June VAT quarter since HMRC’s Making Tax Digital (MTD) initiative became mandatory. This means this week marks an important milestone in your relationship with the taxman as it’s most likely your first MTD filing. There have been lots of scare stories …

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What to do when stress starts to bog down your business

Something’s gotta give: What to do when stress starts to bog down your business

Stress is a major concern for more than three-quarters of small business owners – hardly surprising given the demands of running a business. In fact, stress is something many entrepreneurs thrive on, driving them to achieve the next goal. I like to differentiate between “good stress”, the excitement that comes from having to rush to …

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