Caroline Plumb OBE, serial entrepreneur and founder of cashflow management app Fluidly, examines the current plight of small businesses and calls for action
Payroll, it should all be simple right? You register for PAYE (Pay As You Earn) number, HMRC approves your application, you get a piece of software, enter the pay details for your staff and voila.
According to a research carried out by unbiased.co.uk, UK taxpayers overpay their tax bills by a whopping £4.9billion.
Small and medium businesses are now left waiting up to 23 days to receive late payments from debtors, double of that from last year, according to the latest analysis
Almost two years since the introduction of Open Banking small businesses still aren’t taking advantage of this revolutionary intervention that reshapes information sharing within financial services.
Businesses in the UK can now apply for the scheme which gives them up to three months to file their accounts, helping companies ease their administrative duties during these challenging times
We’ve all been there, and a large number are still there, so we know how that hand-to-mouth monthly living can wear you down and eventually take its toll!
Adrian Blair, CEO of Receipt Bank, explains why getting your finances in check is essential
Businesses need to plan ahead to cover the festive period without piling additional stress on owners and employees, a leading financial expert has advised.
It’s a buzz running a small business, but as the founder of a rapidly growing enterprise, I have a fairly good idea of what can keep other small business owners awake at night. Money.