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Category Archives: Blogs

Gender pay gap reporting: What your business needs to know

Sage Gender

For the past 12 months, in the run-up to new legislation, the gender pay gap has been at the forefront of discussions in business and of how organisations must work to close the gap as they scramble to report their figures.

Since April 2018, all employers with 250 employees or more are required to publish their gender pay gap data every year.

But, what actually is the gender pay gap, what can we do to address any imbalance and what does it …

Read Gender pay gap reporting: What your business needs to know

What does it mean to be a ‘limited’ company?

By Gary Townley Senior communications manager at Companies House.

When you hear the word limited, what do you think? It sometimes brings up negative thoughts. For example, the project has met with limited success, he tried his best but the performance was limited, there was limited room for improvement.

On other occasions, it can mean the exact opposite. A limited edition can mean the product is exclusive, more valuable or have special features. A limited edition print, a collector’s edition of a book and …

Read What does it mean to be a ‘limited’ company?

Making Ends Meet When You’re Starting in Business

A guest blog from Jason Lewis at StrongWell.org

For years, you’ve worked for the man in the corner office. This is the boss who tells you how much you’re costing the company or promises to put on track to be partner – just like he was saying 14 years ago. You’re sick of it, and you’ve mustered the courage to start your own business. You’re not alone: Around 550,000 Americans are becoming entrepreneurs every month. Yet, the rate of failure of startups …

Read Making Ends Meet When You’re Starting in Business

Business Rate Relief

You can get small business rate relief if:

you only use one property
your property’s rateable value is less than £12,000

Contact your local council ( see below) to apply for small business rate relief.

What you get
You’ll get 100% relief (doubled from the usual rate of 50%) until 31 March 2017 for properties with a rateable value of £6,000 or less. This means you won’t pay business rates on properties with a rateable value of £6,000 or less.

The rate of relief will gradually …

Read Business Rate Relief

How to get support and advice from Innovate UK

innovate uk

Guidance for business and academic organisations on how to get advice and support to test and develop innovative products and services with Innovate UK.

If you have an idea for an innovative product or service, you can get help from Innovate UK to develop it and make it successful.You can get technical help and access specialist facilities. You can also get expert knowledge from universities and research organisations.Innovate UK provides opportunities to help you network, share ideas and find project partners. …

Read How to get support and advice from Innovate UK

Do You Want To Talk to A UKTI Export Adviser

ukti

Exporting needn’t be difficult. It doesn’t matter which country you’re looking at, or what industry sector you are in, or what stage your business is at, UK Trade & Investment (UKTI) can help you.

On average, companies earn £100k in additional sales within 18 months of working with UKTI, and the advice given by the UKTI’s trade experts is FREE.

If you want your business to grow internationally, with UK government’s global support, tap into the ULTI’s expertise right now.

Enter your details here, and …

Read Do You Want To Talk to A UKTI Export Adviser

Distance Sales Business

Business companion

An article by the Business Companion, giving a guide to Trading standards Law which applies to Distance Selling.

Distance selling covers the sale of goods, services or digital content where there is no face-to-face contact with consumers

For example:

online
phone
mail order
TV shopping channel
interactive TV

If your business is selling using any of these channels the view the guide here.

Read Distance Sales Business

Tradeshow Access Programme (TAP)

govuk

 

Find out how the UKTI’s Tradeshow Access Programme (TAP) can help promote your business overseas, and how to apply for financial support.

Overview

The Tradeshow Access Programme provides funding in the form of grants for eligible businesses to attend overseas trade shows. The funding helps your business gain:

market knowledge
experience in attending and getting the most from overseas trade shows
advice and support from trade experts

UKTI can offer grants to eligible businesses taking part in the programme. The grants must be matched by …

Read Tradeshow Access Programme (TAP)

5 reasons your business should be using social media

social-media-conversation

Microsoft UK Enterprise Team

Everybody and their dog is on social media nowadays. According to a 2014 analysis from We Are Social, there are now 2.03 billion people worldwide who sign into Facebook, Twitter, Weibo or some other service on a monthly basis – not bad going at all for seven million!

And yet a lot of companies still aren’t that great at building relationships and reaching out to customers on social media. Sure, some might have a bare-bones presence, but that’s not …

Read 5 reasons your business should be using social media

What Banks Look for when lending money

 

In this guide we try to share with you the process Banks follow and give some practical tips to support you in getting the credit you require. 

HOW A BANK LOOKS AT YOUR CREDIT.

All banks have their structure for credit analysis, but you won’t go far wrong if you follow this structure:

Character of the business
Ability to repay
Margin
Purpose of loan
Amount of loan
Repayment terms
Security
 Character of the business

A bank will conduct an internal and external analysis of your business. Internal analysis looks at:

Management– Determining …

Read What Banks Look for when lending money
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