September 2017 Newsletter
Businesses accepting cash payments of €10,000 or more HMRC under money laundering regulations (MLR).
Tag: SME
Business planning overlooked by SMEs
A third of small and medium-sized business owners are operating without a business plan, according to research by Close Brothers Asset Finance. The survey found that 29% of SMEs do not have a business plan, with 43% of these claiming that they don’t believe they need one. Furthermore, a fifth say they prefer to memorise[…]
Making use of equity finance
Equity investment in small businesses has more than doubled in the last 3 years, a report by the British Business Bank has found. Figures show that more small businesses are choosing to sell ownership interests in their business to raise capital. The number of equity deals completed in the first 3 quarters of 2014 was[…]
Boosting small business productivity
Small businesses in the UK continue to be less productive compared to other countries, according to a report by the All Parliamentary Small Business Group. The group’s findings complement recent research by the Federation of Small Businesses that shows that UK productivity levels are 17% lower than the average across the G7. The parliamentary group[…]