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Microbusinesses pessimistic over late payment issues

The UK’s micro-businesses don’t expect the appointment of a small business commissioner to tackle late payments to make a difference.

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One in five retailers could close as business rates skyrocket

Nearly one in five small businesses have suggested they could close following the upcoming revaluation of business rates, new research has revealed.

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UK small businesses dangerously exposed to the weather

Bad weather is causing small businesses across the UK to lose revenue, yet new research shows that nearly half of firms lack measures to protect themselves.

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Small business lending shows signs of improvement

Lending volumes to small businesses increased at a steady rate throughout 2016, driven by growth in asset finance and peer to peer business lending, a new study has revealed.

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EU regulations and red tape slow SME growth

Small businesses in the UK are struggling to overcome a number of regulatory hurdles and red tape, according to a new study.

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Four in five small UK firms are owed money

Four of every five small businesses in the UK is owed money, according to new research from Simply Business.

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SMEs lack awareness of asset based lending options

The UK’s small businesses possess a startling lack of knowledge about their alternative financial options, according to new research.

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London rate increase could force firms out of capital

Rising business rates could force small companies out of London, according to the Federation of Small Businesses.

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UK small firm face up to costs of managing company expenses

The UK’s network of small businesses are losing out on more than £8.7 billion every year as a result of managing their financial obligations.

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SME owners overly reliant on personal finances

One in four small business owners has revealed that they turned to their own personal finances to help bail out their business or to fund growth in the last two years.

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Government moves to tackle late payments with commissioner search

The Government is actively taking steps to tackle late payment issues in the UK by seeking to appoint a small business commissioner.

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When should small business purchase property over renting?

Having fixed assets in property can help a business in the long term, but switching from rented property to buying it is not always the right step.

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Third of SMEs face critical business problems

One third of the UK’s network of small business owners say they have experienced a critical business issue that caused significant damage or disruption to their company.

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Ltd company directors reveal startling lack of business knowledge

New research has revealed a worrying lack of knowledge among the UK’s Limited company directors.

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One in four managers reveal business admin struggles

Administrative tasks are proving to be a significant burden to many business owners and managers across the UK, according to a new study.

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UK firms should brace for extra employment costs

Small firms across the UK could be hit with £2,600 in additional employment costs, according to analysis from the Federation of Small Businesses.

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Welsh IT and tech firms at heightened risk of insolvency

Technology and IT firms in Wales have been deemed those most at risk of insolvency in the year ahead, according to insolvency trade body R3.

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Running start-ups severely impacts on financial and family life

Small business owners have revealed they are facing greater financial worries having decided to set up their own businesses.

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Small businesses voice concerns over rate increases

A number of small businesses and lobby groups have voiced concerned over business rate increases that are due to come into force in April.

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UK insolvency expected to jump by 5% in 2017

Insolvency levels in the UK will rise at a faster pace than any other major EU economy in the next 12 months, new research has suggested.

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