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• Over £100m in online sales expected christmas day
• Internet can help small businesses weather the downturn
• Barclays to announce £1.5bn small business package
• HSBC pledges £1bn of extra funding for small businesses
• FSB urge banks to lend to small businesses
• Super SME's using IT to beat downturn
• Major bank to freeze SME overdraft fees
• Government should lend directly to small firms
• Support vital to small business broadband
• Small businesses to cut back on staff

• Despite market conditions, small businesses still borrowing

  According to a study by Barclays Commercial Bank, one in six businesses are taking out long-term bank loans in order to fund growth.The study found that since the beginning of the year, 16% of businesses with a turnover of more than £1m had taken out loans of £500,000 or more...

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  22/08/2008 14:37:00 Published by Alice Galletly Category Small Business

• £200m in rates relief unclaimed every year

  Small businesses could be missing out on a rate reduction of up to £2500 if they are one of the 450,000 businesses who have not yet applied for Small Business Rate Relief. A survey by the Local Government Association (LGA) has revealed that only a quarter of eligible North West businesses have taken advantage of the small business rate relief scheme. This means that around £200m in small business rate relief goes unclaimed in England every year...

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  21/08/2008 12:37:00 Published by Alice Galletly Category Small Business

• Small business owners working 50-hour weeks

  clocking up more than 50 hours a week, and are not taking the UK statutory holiday minimum, a survey reveals. The survey by the Bank of Scotland revealed that small business managers are working an average of 50 hours a week - three more than at this time last year.

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  18/08/2008 15:47:00 Published by Alice Galletly Category Small Business

• Diplomas should be given same weight as A-levels, say FSB

  The latest press release from the Federation of Small Businesses (FSB) calls for equal marks to be awarded for A-levels and diplomas.The FSB say they congratulate students on achieving excellent A & AS-level results, but would like to see diplomas given equal weight in the next academic year...

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  15/08/2008 12:47:00 Published by Alice Galletly Category Small Business

• Small businesses fighting back against late payments

  The FSB revealed that small firms are taking increasing legal action against larger firms, in order to claim late payments. Research by the Federation of Small Businesses shows that small firms are waiting up to 105 days to receive payments from larger companies.
  
  

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  14/08/2008 11:54:00 Published by Alice Galletly Category Small Business