Business management

Micro firms quickest to pay invoices

Micro businesses tend to be the fastest to pay their invoices out of all sizes of business in the UK, according to new research.

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SME owners work 15 months a year

SME owners work the equivalent of an extra 3 months in a year, according to a survey by the British Insurance Brokers' Association.

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Small costs result in big expenses for SMEs

SMEs owners often underestimate the small day-to-day costs of running a business, research by AXA has suggested.

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Small firms concerned about cloud computing

Almost 4 in 10 small businesses are concerned about the security of using cloud accounting services, according to research by the Federation of Small Businesses.

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Minimum wage offenders named

Employers who have not been paying their workers the National Minimum Wage have been named by Business Minister Jo Swinson.

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Employees skip lunch breaks

Almost two thirds of employees say they are unable to take their daily statutory lunch break, according to research by healthcare specialists Bupa.

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Small firms suffer from poor payment practices

Almost 1 in 5 small businesses have suffered from poor payment practices during the past 2 years, according to research by the Federation of Small Businesses.

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Shop prices fall 1.8% in September

Shop prices fell by 1.8% in the year to September 2014, according to figures from the British Retail Consortium and Nielsen.

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Small firms unprepared for data loss

Less than a third of small businesses have plans to ensure business continuity in the event of data loss, according to a report by disaster recovery firm Databarracks.

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SME owners in work/life struggle

Almost two-thirds of SME owners say running a business is a 'constant challenge', a survey for card payment provider First Data Merchant Solutions has found.

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