On Friday night, HMRC released details of the flexible furlough scheme, which starts on 1st July 2020. Under the flexible furlough scheme, employees no longer need to avoid doing any work for the employer, but can work for some of the week and be furloughed for the rest, in proportions decided between employee and employer. (You will need to put in place a new written ‘Flexible Furlough Agreement’ for any staff on the new scheme, as soon as I have one available, I will let yo
For a small business, there are so many ways to raise funds beyond dipping into your savings. From tax incentive schemes to traditional bank loans, here are 10 finance options for small businesses: 1. Family and friends
It's common in the early stages for parents, siblings or friends to financially support your business. This option is most suitable for businesses that need initial support to prove the concept can be successful, to the point where they can seek other funding.
As the UK starts to make some tentative headway into 'normal' life, businesses are waking up to a different world than 12 weeks ago. Consumers have never been more careful about how they spend their money. Savvy spenders are looking for quality, personalised service they can trust, as well as value for money. The right customers are prepared to spend more on the right supplier and contrary to what you may believe, no longer look for 'cheapest'- in fact they haven;t done for s