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, […]
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 […]
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 […]
10 Ways for Businesses to Preserve Cash.
Cash preservation is the key to ensure you have enough to last and will be how your business can survive. As I said previously, the big questions are: When will that support arrive, Will it be enough, When will things get back to normal How much work will be needed just to get back to […]
You might win the battle but will you win the war?
As a business owner, business survival is what matters right now. Like so many others, your big questions probably are: When will the Government support arrive? Will it be enough? When will things get back to normal? How much work will be needed just to get back to where you were before this happened? And […]