Businesses warned to avoid delaying payments this Christmas

Businesses must plan in advance to avoid missing or delaying payments to staff and suppliers over the Christmas and New Year holidays, according to Bacs Payment Schemes Limited (Bacs). This year, Christmas Eve falls on a Saturday – a non-processing day – while both Christmas Day and Boxing Day are bank holidays. This year Tuesday

The post Businesses warned to avoid delaying payments this Christmas appeared first on Small Business.


Source: SmallBusinessUK

Work/life balance worries SME bosses more than finance

Work/life balance trumps profit & loss and client demands on small business bosses’ worry list, according to AXA PPP healthcare poll. Asked what keeps them awake at night, one in four (26 per cent) SME bosses say that they worry about the impact of work on their lives. Profit and loss concerns adversely affect one in

The post Work/life balance worries SME bosses more than finance appeared first on Small Business.


Source: SmallBusinessUK

1.6 million Brits lending to family and friends to bridge the gap

More than 1.6 million people have lent money directly to a friend or family member to help them start or grow a business, according to research from peer to peer lender ThinCats. In a constrained lending environment, entrepreneurs are turning to loved ones for support, with an average sum of £4,479 being lent at a

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Source: SmallBusinessUK