So, is it all doom and gloom? It really depends who you ask, recently Tesco’s of all people decided to champion high street retailers’ despite their tendency to open edge-of-town superstores they’ve stated “Vibrant high streets are in everyone’s interests, including ours,”
But no matter which big-brand name throws their weight into the fight for [...]
It’s the holiday season once more, a lot of businesses will be flourishing, there are even those short-term lease businesses which pop up to rake in untold cash profits and then disappear once more leaving behind an empty shop strewn with torn wrapping and boxes.
Christmas has become a retailers best and worst time. It [...]
Company insolvencies hit a five-year low.
Company insolvency figures are at a five year low, according to data released by the Insolvency Service.
The number of companies going bust in England and Wales has dropped to its lowest level since the end of 2007.
The official data shows that 986 firms went into administration, receivership [...]
Here is a short article on problems that ALL businesses face.
Cash
Finding it and managing the cash flow. It’s hard to get and there is never enough. If you are a fast growth company you can rapidly outgrow your available sources, if you are an underperforming company you can’t get [...]
After years of avoiding social media, small businesses are starting to embrace it – but are they really reaping the benefits?
Not according to Business Network International (BNI), whose latest survey found 75% of business owners have been “put off” a particular company due to their poor use of social media.
How do [...]
HMRC has been on quite a campaign cracking down on tax avoidance, the latest targets include legal professionals of London or strangely, those that work in the motor industry in Scotland.
It’s thought that there is revenue of three million pounds which is owed by barristers and solicitors operating in London alone. Although 3 million might [...]
Generally it is easy to look at a operating a business as being a problem solver. Small start-ups, Established local business, national companies, every level of business is about recognising the problems that face you understanding them and overcoming them.
Some people are good at problem solving either through high intellect, experience, acquired skill or [...]
This is a simpler and cheaper method and is ideal for closing down companies.
In a typical case of a solvent company the steps would be as follows:
1.The company should cease trading and carry out no further transactions, except those which are necessary to close it down.
2.If any vehicles or equipment have been [...]
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