Commercial disputes cost small firms £11.6bn a year, survey finds

Nearly three quarters of disputes are down to late or non-payment, says research from the Federation of Small Businesses

Commercial disputes cost small businesses in England and Wales £11.6bn a year, according to a new report.

In a survey of its members, the Federation of Small Businesses (FSB) found that 70% had faced at least one dispute between 2010 and 2015. Almost three quarters of these were a result of late or non-payment, says the report, which was released on Thursday.

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Source: Guardian

No office politics: the rise of the co-working Christmas party

For firms sharing workspace a joint festive do can be more fun than a traditional work bash, with its awkward chats and tension

To many, the office Christmas party is something to survive – an evening of uncomfortable social interactions, followed by a hangover and an overwhelming sense of bitter regret. But it seems that small business owners and freelancers with no obligation to a larger company are actively seeking them out, with festive dos planned in co-working spaces across the country.

Paula Fernandes, design director of fashion label YearOne, works in the Shed workspace in east London, which serves as an office for more than 100 workers, including web developers, architects and photographers.

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Source: Guardian

'Toxic employee'

Most of us have to deal with a disruptive colleague during our working lives, but how can a company best deal with such “toxic employees”?
Source: BBC