Search Results for: start a business

Business Energy Support Package Delayed By Weeks

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Business Energy Support Package Delayed By Weeks

Chancellor Kwasi Kwarteng is set to announce details about the Business Energy Support Package at the end of this week in a mini budget. Since the announcement made by Liz Truss, after she became the new Prime Minister, that households and businesses will get support with energy bills, businesses are waiting to hear details. While … Read more

Energy Bill Support A Lifeline for Small UK Businesses

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Energy Bill Support A Lifeline for Small UK Businesses

On Thursday the new Prime Minister, Liz Truss, has announced her Energy Bill Support Scheme to help households and small businesses through this winter. Soaring energy prices have pushed many small businesses in the UK to the brink, who were still recovering from the impact of the COVID-pandemic. Many were facing a tough winter, with … Read more

53% Of Small Businesses Expect To Fold Within A Year

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53% Of Small Businesses Expect To Fold Within A Year

According to data published by the Federation of Small Businesses (FSB), more than half of small businesses expect to fold, stagnate or shrink in the next 12 months. The FSB has released its Small Business Index for Q2 2022. Their data shows that only 47% of small businesses surveyed expect to grow in the next … Read more

81% Of Small Businesses Struggle To Recruit New Staff

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81% Of Small Businesses Struggle To Recruit New Staff

According to new research by the Gatsby Foundation, the second-biggest overall concern for small businesses is their struggle to recruit new staff. With 97% of employers in England being small businesses, the struggle to recruit new staff will add to the already challenging situation. Almost 1 million small businesses are concerned about their difficulties in … Read more

What Is The Easiest Accounting Software For Small Businesses?

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What is the easiest accounting software for small business?

Accounting software is great for getting your books in order and making your annual returns a walk in the park compared to manually calculating and trying to track down all your receipts.  Now, we’re aware that accounting software can look and feel intimidating. And to be fair, there are some advanced programs out there for … Read more

61% Of New Business Owners Avoid Using Accountants

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Only 28% Of Business Owners Intend On Using An Accountant

As a business owner, keeping your books in order is critical if you are to ensure you manage your cashflow, meet your legal requirements, and pay the correct amount of tax. Yet, 61% of new business owners say they intend on avoiding using an accountant. That’s according to data we have collected here at Business4Beginners … Read more

Has The Spring Statement Delivered For Small Businesses?

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Has The Spring Statement Delivered For Small Businesses?

Yesterday, Rishi Sunak, the Chancellor of the Exchequer, announced his Spring Statement in Parliament. But has he heeded calls to support small businesses? High energy and fuel costs, rising inflation and high prices on many commodities have put financial pressure on small businesses. Especially, as many are still recovering from the pandemic. This prompted organisations … Read more

How Ukraine Conflict Could Affect Small UK Businesses

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How Ukraine Conflict Could Impact Small UK Businesses

As the Ukraine conflict unfolds and the world watches on in horror, its effects on the UK economy become clear. And small UK businesses are likely to feel the effects of this conflict dearly. When Russia invaded Ukraine on 24 February, the world was shocked. Since then, economies all over the world, including the UK … Read more

90% Of Small Businesses Not Eligible For Help To Grow Scheme

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90% of businesses not eligible for Help To Grow Scheme

In May 2021, the Government launched the Help To Grow Scheme, to help small and medium businesses (SMEs) by providing them with the skills they need to grow their businesses. According to Phil Hall, Head of Public Affairs & Public Policy at the Association of Accounting Technicians (AAT), over 90% of SMEs are not eligible … Read more