As we remain in a period of restricted movement and trading, businesses are seeking a steady cash flow to keep their doors open. This is a challenge facing most firms today.
Dave Paterson, Partner in the Corporate team at Blacks Solicitors, discusses why business owners should consider offering their employees a stake in their business.
Last year, scientists concluded that the year 536AD was the worst time to be alive.
The past 12 months has been challenging for everyone across the UK. No-one would have predicted at the end of 2019, the turmoil that would quickly unfold.
The government’s furlough scheme came to the aid of over one millions businesses throughout the past seven months. At its peak in May, 30% of the entire UK workforce was furloughed.
Against the odds, the UK left the EU with a deal (the UK-EU Trade and Cooperation Agreement). However, this deal makes surprisingly few references to some services and many argue that for some, there has still been a hard Brexit.
Now the UK has left the European Union [EU], we are likely to see changes to certain commercial contracts, and there are concerns relating to both existing and upcoming deals.
Sometimes the ugly face of racism shows itself in the workplace. When this happens the damage is both personal and undermines the business itself.
As a business owner or start-up founder you need to be able to communicate in a timely fashion regarding the practical changes that are being forced on you by the nature of Covid-19 and also the updating of regulations from the Government.
Despite the UK government's financial help for employers following the Covid 19 lockdown, many businesses find themselves having to restructure their organisation as restrictions are lifted.