Sunak overhauls coronavirus small business loans

Wales has announced a £500m package partly to help small business survive coronavirus

The Welsh government has announced a £500m Economic Resilience Fund, partly to help small businesses blighted by coronavirus.

The Economic Resilience Fund aims to plug gaps in the support schemes already announced by the UK government, including the Job Retention Scheme and the Self-Employed Income Support Scheme, which will guarantee 80 per cent of people’s wages and income.

>See also: How to get the government’s £10,000 cash grant for small businesses

The new £500m Economic Resilience Fund will support firms of all sizes, including social enterprises,

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4 days ago

How do I make someone redundant? – small business redundancy guide

Wales has announced a £500m package partly to help small business survive coronavirus

The Welsh government has announced a £500m Economic Resilience Fund, partly to help small businesses blighted by coronavirus.

The Economic Resilience Fund aims to plug gaps in the support schemes already announced by the UK government, including the Job Retention Scheme and the Self-Employed Income Support Scheme, which will guarantee 80 per cent of people’s wages and income.

>See also: How to get the government’s £10,000 cash grant for small businesses

The new £500m Economic Resilience Fund will support firms of all sizes, including social enterprises,

Read more
4 days ago

Should I reduce my marketing budget due to coronavirus?

Wales has announced a £500m package partly to help small business survive coronavirus

The Welsh government has announced a £500m Economic Resilience Fund, partly to help small businesses blighted by coronavirus.

The Economic Resilience Fund aims to plug gaps in the support schemes already announced by the UK government, including the Job Retention Scheme and the Self-Employed Income Support Scheme, which will guarantee 80 per cent of people’s wages and income.

>See also: How to get the government’s £10,000 cash grant for small businesses

The new £500m Economic Resilience Fund will support firms of all sizes, including social enterprises,

Read more
4 days ago

Wales announces £500m Economic Resilience Fund

Wales has announced a £500m package partly to help small business survive coronavirus

The Welsh government has announced a £500m Economic Resilience Fund, partly to help small businesses blighted by coronavirus.

The Economic Resilience Fund aims to plug gaps in the support schemes already announced by the UK government, including the Job Retention Scheme and the Self-Employed Income Support Scheme, which will guarantee 80 per cent of people’s wages and income.

>See also: How to get the government’s £10,000 cash grant for small businesses

The new £500m Economic Resilience Fund will support firms of all sizes, including social enterprises,

Read more
4 days ago

The IFS calls for minimum wage cut to help businesses

The IFS says that a wage increase doesn’t make sense in the current economic climate

The Institute for Fiscal Studies (IFS) has called on the government to temporarily cut the National Living Wage (NLW).

They’ve also recommended delaying the next increase in the NLW which is due next month. The wage is set to increase by 51p to £8.72 an hour.

In a statement released yesterday (25 March), the IFS said that the government should seek advice from the Low Pay Commission on the best course of action.

A rise in welfare makes sense while an increase in wages does

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The Most Important Part of Market Research

By Prisha Gupta

Your company has created a fantastic product or service. It has features that will blow the minds of your audience away, and you know that your product is in demand!

Now what lies ahead is building a marketing strategy for your brand, which will mean identifying who your consumer is. Your target market is the intended audience or consumer who will buy your product. It is essential to know what your consumer wants out of a product, and if they have enough information to make the purchase.

Market research will help you define the target audience for

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6 tips for cash flow management during the coronavirus crisis

As many small businesses shut up shop or adopt new ways of working during the coronavirus pandemic, many are struggling to grasp the package of support measures that had been made available by chancellor, Rishi Sunak.

Among the most significant developments over the past week was the announcement of a new Job Retention Scheme, aimed at helping employers to keep on staff, even if they have no work for them to do.

Employers who commit to keeping such staff on the payroll, can classify them as ‘furloughed workers’ and will be eligible for a grant to meet the cost of

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How to get your small business online within an hour

There’s no doubt that coronavirus is causing problems for small businesses, especially those who are based in a physical shop with no website.

Fortunately, creating a website from nothing is easier than ever.

Speed is key in the current climate. Start with a skeleton website so that it can get established and begin gaining traffic, then you can build on it once you have more time.

The most compelling reason to be online right now is to reach your customers, most of whom will be at home. Plus, you can take orders around the clock rather than being limited to

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