One of the biggest challenges you face as a business owner is making sure that clients pay regularly and on time. It’s crucial that you know what, when and how your clients will pay to make sure things run smoothly and to manage your cash flow.
Who’s supporting you? Business ownership can be a lonely place.
At SBCA, we see firsthand the challenges of running a business single-handed. As a business owner wearing lots of hats, you have to be your own cheerleader, marketer, networker and take care of the daily admin and finances.
Anti-money laundering rules
The Money Laundering Regulations (MLR) are designed to protect the UK financial system and put in place certain controls to prevent businesses being used for money laundering by criminals and terrorists. Many businesses are monitored by the Financial Conduct Authority (FCA) or certain professional bodies. However, businesses that HMRC is responsible for supervising should be […]
Remaining productive when you are traveling
In theory, when you travel with work, you should have time to focus on getting a few things done. In reality, it can be almost impossible to work in a busy airport or on a busy flight. Here are a few tips to help you to be more productive when you are on the road. […]
Becoming a more resilient leader
We live in uncertain times. As such, business leaders need to be able to deal with temporary setbacks and recover quickly when things go wrong. Managers are faced with different challenges every day. These might include managing conflicts, dealing with increasing regulatory change or difficult trading conditions. Having the ability to cope effectively when under […]
Minimum wage increases come into effect
The new National Minimum Wage (NMW) and National Living Wage (NLW) rates came into effect on 1 April 2019. The NLW was introduced on 1 April 2016 and is the minimum hourly rate that must be paid to those aged 25 or over. The NLW increase is the biggest single increase since the rate was […]
Don’t overclaim for equipment purchases
You can use the Annual Investment Allowance (AIA) to claim a very generous 100% first year tax relief for qualifying expenditure on plant and machinery.
Grant and Subsidy Support: The Future For The Farming Industry
Since the Brexit vote in 2016, there have already been 3 years that have passed to get your (farm)house in order, more than enough time to make decent strategic plans and refine them as time passes. But simply planning to make a plan and nothing more is not in itself a plan.
Keeping your website up to date for Google searches
Google is still the world’s most popular search engine. Google’s search engine algorithm is continuously being updated so how do you keep your firm’s website up to date so that you show up in online searches?