79% Of Small Businesses Are Positive About Their Performance

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79% Of Small Businesses Are Positive About Their Performance

1 August 2023 – Despite the challenging economic landscape, the majority of small businesses are optimistic for the future, with almost 80% being positive about their performance. The past few years were tough for small businesses: the pandemic, supply chain issues, energy prices soaring, inflation rising, borrowing costs going up and business rates and taxes … Read more

Contactless Payment Top Payment Method In UK

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Contactless Payment Top Payment Method In UK

25 July 2023 – Contactless payment is the favourite payment method of the Brits, overtaking cash payments in face-to-face transactions. The use of cash to pay for goods in stores has reduced for quite a while now. Especially during the pandemic, card payments became the safer option compared to paying with cash. New research has … Read more

Company Secretary: What Is This Role And Should You Have One?

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What is a company secretary

A company secretary is an important role that is often misunderstood and assumed to be a personal assistant or receptionist. Despite any preconceptions, corporate secretaries play a more important role in helping businesses operate within the law and financial regulations. Depending on the business, corporate secretaries can also help directors with the day-to-day running of … Read more

64% Of Employees Would Rather Quit Then Return To Office

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64% Of Employees Would Rather Quit Then Return To Office

18 July 2023 – While during the pandemic remote working was a necessity, many companies want their workers back in the office. But employees would rather quit then return to the office full-time. Hybrid working was the only option during the pandemic, when the government ordered people to work from home where possible. When restrictions … Read more

Loyalty Programmes Key To Retaining Customer Base

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Loyalty Programmes Key To Retaining Customer Base

11 July 2023 – As the cost-of-living crisis reduces the budgets of consumers, it can become difficult for small businesses to hold on to their customers. A loyalty programme can help build a loyal customer base. With inflation remaining stubbornly high and interest rates rising, many consumers see their budgets shrink. More than half are … Read more

Total Number Of UK Businesses Increased By 4.5%

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Total Number Of UK Businesses Increased By 4.5%

4 July 2023 – New data released by Companies House shows that between March 2022 and March 2023 the number of UK businesses has increased by 4.5%. Every year, Companies House releases official statistics about the changes in the UK business landscape in their Companies Register Activities report. The new figures cover the financial year … Read more

81 UK Small Business Statistics (Updated 2026)

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UK Small Business Statistics

The last few years have been among the most turbulant on record for small businesses. The 2020s started with a global pandemic and has since seen Russia invade Ukraine, the Israel-Gaza war, and a cost of living crisis. All of these, and more, has led to some interesting UK small business statistics. There have been … Read more

15 Startup Business Costs To Consider In The UK

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15 STARTUP BUSINESS COSTS to consider in the uk

We’re dedicated to helping people start their own successful businesses – and the key to success is transforming your idea and passion into a plan. It’s like the old saying goes, “failure to plan is planning to fail”.  Unfortunately, 1 in 5 new businesses in the UK fail each year. The biggest reason for this … Read more

Small Businesses Responsible For £20bn Unpaid Taxes

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Small Businesses Responsible For £20bn Unpaid Taxes

27 June 2023 – New figures released by HMRC show that small businesses are now responsible for more than half of unpaid taxes, with 56% missing from that group. HMRC has released its latest Measuring tax gaps report 2023 edition, which shows that in the tax year 2021/22 the tax gap was £38.8bn. The tax … Read more