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Could AI help solve the plight of late payments?

Artificial intelligence can achieve some amazing feats, but few are likely to give SMEs more satisfaction than getting paid on time. Late payments are a major pain, both for the suppliers who need to...

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Pop-up shops and getting them insured

Taking over a vacant retail space for a limited time only, and often with specific product lines and a targeted buyer in mind, the pop-up continues to breathe new life and economic growth into many...

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How female founders can navigate the gender funding gap

IWD is celebrated globally commemorating the social, political and economic achievements of women. We tend to forget that it’s only been a 100ish years since women were first allowed to vote, attend...

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Navigating 2024: A blueprint for SME success through proactive financial...

While SMEs contribute significantly to the economy, with them accounting for more than 60% of the job force, recent reports suggest that nearly 47,000 businesses are at risk of going under due to...

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Why it’s time to ditch the jargon

Research conducted by Xero and CEBR found two-fifths (40%) of the UK’s smallest firms fail to see or understand the relevance of technology to their business. Many owners are stuck in the ‘if it ain’t...

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Complex challenges, future solutions: Transforming payroll management 

Perhaps for good reason—after all, people come to work in good part to earn a living. So, when they’re paid incorrectly, it’s no wonder they can feel aggrieved. With modern payroll technologies that...

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Picking an Accountant: Care over convenience

Whether you’re just starting out or you’ve been in business for a while, the financial health of your enterprise relies heavily on the expertise and skils of your accountant. While it might be...

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How to create a winning sales strategy for your business

It is essential to build a robust sales strategy to cultivate strong customer relationships. But how can we also retain our existing customers? Our host Oli Barrett MBE welcomed the first panel of...

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What’s going to be on SME owners’ minds in the next 12 months?  

As we go into the new financial year, it’s tempting to emotionally hit the ‘reset’ button: all those accounts done, the figures all logged and a focus on the future are all begging us to look forwards...

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When is 30 days not 30 days?

Let me explain by example. Andrew was offered work by a big firm, a household name that I won’t mention. He was told that the firm pays in 30 days. Andrew quite understandably assumed that the payment...

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Frustrations with HMRC services negatively impacting SMEs: Action is needed now!

Our members highlighted productivity and efficiency as the two main areas suffering because of poor HMRC services. This is a 14% increase in negative sentiment from the previous ACCA survey in October...

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Five signs you’ve outgrown your accounting software 

As your business expands, you’ll encounter challenges that test the limits of entry-level accounting software like Sage, Xero or QuickBooks and the processes on which they’re built. These tools are...

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