4 ways small shops can reinvent themselves post coronavirus

From August, small businesses will have to cover 20% of furloughed staff wages plus NI and pensions

As expected, Rishi Sunak has announced changes to the furlough scheme affecting small business.

  • August: small businesses will be expected to cover national insurance and pension contributions of workers on the Coranvirus Job Retention Scheme. For the average claim, this represents 5 per cent of the gross employment costs the employer would have incurred had the employee not been furloughed
  • September: businesses will have to cover 10 per cent of the wage costs of furloughed workers on top of NI and pension contributions.
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Posted on 6 days ago

How to do a coronavirus risk assessment on your small business premises

From August, small businesses will have to cover 20% of furloughed staff wages plus NI and pensions

As expected, Rishi Sunak has announced changes to the furlough scheme affecting small business.

  • August: small businesses will be expected to cover national insurance and pension contributions of workers on the Coranvirus Job Retention Scheme. For the average claim, this represents 5 per cent of the gross employment costs the employer would have incurred had the employee not been furloughed
  • September: businesses will have to cover 10 per cent of the wage costs of furloughed workers on top of NI and pension contributions.
Read more
Posted on 6 days ago

Half of small businesses will never repay Bounce Back Loans, warn banks

From August, small businesses will have to cover 20% of furloughed staff wages plus NI and pensions

As expected, Rishi Sunak has announced changes to the furlough scheme affecting small business.

  • August: small businesses will be expected to cover national insurance and pension contributions of workers on the Coranvirus Job Retention Scheme. For the average claim, this represents 5 per cent of the gross employment costs the employer would have incurred had the employee not been furloughed
  • September: businesses will have to cover 10 per cent of the wage costs of furloughed workers on top of NI and pension contributions.
Read more
Posted on 6 days ago

What the revamped furlough scheme means for your small business

From August, small businesses will have to cover 20% of furloughed staff wages plus NI and pensions

As expected, Rishi Sunak has announced changes to the furlough scheme affecting small business.

  • August: small businesses will be expected to cover national insurance and pension contributions of workers on the Coranvirus Job Retention Scheme. For the average claim, this represents 5 per cent of the gross employment costs the employer would have incurred had the employee not been furloughed
  • September: businesses will have to cover 10 per cent of the wage costs of furloughed workers on top of NI and pension contributions.
Read more
Posted on 6 days ago

4 ways small shops can reinvent themselves post coronavirus

Back in business: but independent retailers will have to change how they operate

With the Government announcing that shops will be allowed to open from June 15, small shops across the country have been thinking through what to do post coronavirus.

In the face of an incredibly tough retail environment and consumer habits still far from “normal”, reserves of ingenuity and grit will be required. As plans are put together, there are a range of key considerations that businesses must consider in order to re-open safely and successfully.

It won’t be business as usual

We know that the way businesses

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5 Reasons Why Your PPC Campaign is Failing » Small Business Bonfire

By Norm McLaughlin

Pay-per-click (PPC) advertising is a great way to get your product or service in front of potential customers. Both big and small business can benefit from this digital marketing strategy. For many it’s a successful and profitable strategy. However, other business owners complain that it just didn’t work for them. Here are five reasons why your PPC campaign is failing.

1. You’re Not Getting Enough Impressions

This means that not enough people are seeing your ad. If people don’t see your ad then your PPC campaign isn’t going to get you anywhere.

You may need to review

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How to do a coronavirus risk assessment on your small business premises

Employee health and safety is vital in your coronavirus risk assessment

As businesses start to reopen, the safety of your staff, customers and your suppliers is a priority. One of the first areas to address is your coronavirus risk assessment.

The government has published a series of eight guides to help businesses to reopen across key sectors.

We’ll delve deeper into how you conduct your own risk assessment to ensure that your business is COVID-19 secure.

When should I be doing a coronavirus risk assessment?

If you’re already trading, you need to do it now to prove that you’re working

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Half of small businesses will never repay Bounce Back Loans, warn banks

RBS chairman Sir Howard Davies has called for the creation of a toxic bad debt vehicle for coronavirus loans

Banks are warning that small businesses will never repay up to half of the Bounce Back Loans that have been taken out.

Moreover, when this happens, the Chancellor should prepare for the collapse of hundreds of thousands of small businesses.

Three senior bankers have warned that between 40 per cent and 50 per cent of the 608,000 borrowers who have taken out £18.5bn of Bounce Back Loans could eventually default on the debt.

Although the Government has said it will guarantee

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