Tag: business

25 Jun
Recovery - Is it time to negotiate with your landlord

Are landlords the key to whether businesses survive?

With the Government allowing the relaxation of social restrictions and reopening of many businesses, the time has come for you business owners to count the losses and work out how you can rebuild your business. It is expected that nearly all businesses negatively impacted by the lockdown period will have made a trading loss, but […]

26 May
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Discretionary Grant Fund Availability

Less well publicised in the range of grants available to businesses and the self employed is the Discretionary Grants Fund. Updated guidance became available over the weekend. The main change is that as well as small and micro businesses, the self employed can also qualify for the grants. Each local authority has been given discretion, […]

21 May
New Laws for the Insolvency Industry

New Insolvency Laws released – but who will they help?

Following the UK Government’s announcement about suspending wrongful trading and bringing forward laws to assist companies with restructuring, the new Corporate Insolvency and Governance Bill has been put to Parliament and will soon become law …… but will it help you? There are five main provisions of the new Bill.  The first is for those […]

14 May
Treating your Business as a Start Up again could be the best way to success

Think like an Established Business or a Start-Up?

Sunday’s announcement showed a desire from the Government for business owners to either restart or start planning to restart their businesses depending on what sector you are in. But just because that’s their desire doesn’t stop you from needing to ask yourself what is right for you. Every business is different, even within the same […]

29 Apr
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Small Business Bounce Back Loan Scheme launched

Chancellor Rishi Sunak has announced a new business loan scheme for small businesses, named the Bounce Back Loan Scheme, because businesses are needing help during the Covid-19 crisis. Business Loans can be between £2,000 and £50,000 Up to 25% of business turnover 6 year term at 2.5% interest, with the government covering the first year […]

06 Apr
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Official Covid Business Support Links

Below are links to the official sources of Covid related Financial Support Information for Businesses. Business Support Hub Summary hub for all business support: https://www.gov.uk/coronavirus/business-support Business Eligibility Tool Useful tool to find out what your business might be eligible for: https://www.gov.uk/business-coronavirus-support-finder Job Retention Scheme Claim for furloughed staff here: https://www.gov.uk/guidance/claim-for-wages-through-the-coronavirus-job-retention-scheme Coronavirus Business Interruption Loan Scheme […]