Blog
How Small Business Owners Can Manage A Crisis or Prepare For The Unknown
Sometimes in life the unexpected can happen. You know the feeling; everything is ticking along nicely and then suddenly from out of the blue things go horribly wrong. You may have to deal with events beyond your control that could negatively impact your business. Operating a business when the future is uncertain can also be very unnerving, something experienced by many small business owners in today’s political and economic climate.
What is Making Tax Digital and what does it mean for Company Directors and Small Business Owners?
Last month’s blog focused on the legal responsibilities of company directors and how they can mitigate the risk of getting things wrong and falling foul of the law. The level of potential criminal and civil risk for company directors has increased over recent years, with tougher regulation introduced covering a range of areas. Company directors are also subject to a number of statutory requirements including a duty to keep proper books and records and therefore must closely monitor the everyday operations of their business. Tax evasion is a key area, with HMRC crucially having the power to investigate and prosecute. With Making Tax Digital coming into force this month, one of the biggest shakeups of the UK taxation system for years, company directors need to ensure that their business is fully compliant.
Criminalisation of the Boardroom… I am too small a fish for it to happen to me…Right or Wrong?
Earlier last month, I attended a legal update organised by the Institute for Turnaround and kindly hosted by Macfarlanes, a London-based law firm. The subject aptly titled “The Criminalisation of the Boardroom – is this a real threat to directors, or mere puff from the regulators?” was analysed by Neill Blundell (https://blog.macfarlanes.com/u/102f23y/neill-blundell), Head of Corporate Crime and Investigations at the practice.
PLANuary, February, it’s time to get business planning…
Did you make any New Year’s Resolutions? They may be a distant memory now that January is done and dusted, but the beginning of the year is traditionally a reflective time. We all make plans, whether it’s to get fit or learn a new skill. Our desire to get things in order isn’t restricted to the purely personal, we also look to our businesses, planning out activities for the year ahead in our new diaries. At Be Rescued, the 2019 wall planner is already marked up with crucial events and activities for the year complete with colour coding. January might as well be renamed Planuary.
Baubles, Be Rescued and Brexit
Christmas is just around the corner and preparations for the big day are in full swing. In December, I always reflect on the past year. For Be Rescued, 2018 has been busy and productive, helping clients resolve financial issues and providing growth planning for start-ups and established businesses. In the wider world, UK headlines have been dominated by one word, Brexit, with businesses and financial markets assessing its likely impact. This blog is about looking back as well as looking forward. So, how has 2018 been for your business? Here is our story…
GDPR & Data, Employment Updates & Empowering - TMA Event 6 September 2017 at Fieldfisher
I had the great opportunity to attend a very interesting event organised by TMA UK and kindly sponsored by Fieldfisher about GDPR & Data, Employment Updates & Empowering and here is the key takeaways of the event that we as small businesses owners in general need to bear in mind in order to prepare for the forthcoming changes
Managing Your Change
Ken Cheng won the 10th annual Dave's Funniest Joke Of The Edinburgh Fringe with: "I'm not a fan of the new pound coin, but then again, I hate all change."...
Ready to take employees? The short guide to take the next challenge
For small business owners recruiting is a big step to take so getting it right is as important as recruiting the right person for the job. So what do we need to be aware of?
What happens when you think your service provider refuses to own up responsibility? “Exclusion clauses in commercial contracts: the contract is king”
I came across an interesting article published by Catherine Gelder of Berwin Leighton Paisner LLP - on 29June 2017 titled “Exclusion clauses in commercial contracts: The Contract is King” which gave insights as to what business owners and Directors can expect from the courts when seeking contractual remedies from a service provider when the job they have been employed for, fails to deliver the expected result...