SME Invoice Finance has published a series of Recession-Proof Guides, designed to solve pressing issues and make the most of opportunities. Here are some useful web-based tools that are designed to help you make the most of your business life online. See them here on SME Business News exclusively, before they are posted on the SME Invoice Finance [...]
Entries from February 2009
Cool tools
Mike Symes - Thursday 26.02.09, 11:24am
Tags: SME · Small Business · Uncategorized
Time to outsource your payroll?
Mike Symes - Wednesday 25.02.09, 15:38pm
Payroll forms an essential part of the operations of many SME businesses. The government requires you to collect tax and National Insurance (NI) under the PAYE system, and imposes penalties for failure and missed deadlines.
The many complications include the processing of statutory sick pay, statutory maternity pay, pension contributions and personal details such as personal [...]
Tags: SME · Small Business
Time to claim VAT refunds running out
Mike Symes - Monday 23.02.09, 09:29am
Businesses have until 31 March 2009 to submit VAT refund claims to HM Revenue & Customs (HMRC). They could recover significant amounts of money for input VAT not claimed in the period prior to 1 May 1997 and for output VAT over-declared in the period before 4 December 1996. Such claims can go as far [...]
Tags: Cash Flow · Inland Revenue
No Need to Look Phishy
Mike Symes - Friday 20.02.09, 09:52am
You are the owner of a SME business with a good reputation for customer service. Your email messages always contain legitimate offers for genuine products or services. Unfortunately and unwittingly, you may be sharing inbox space with fraudulent messages that claim to come from popular retailers and banks.
Those emails are, effectively, nothing more than phishing scams designed [...]
Tags: Banking · SME · Small Business
Cyber-crime costs SMEs £800 each year
Mike Symes - Wednesday 18.02.09, 11:12am
Small businesses lose up to £800 a year to cyber-crime, according to a survey by the Federation of Small Businesses (FSB), which is calling for more action to tackle online crime.
More than half (54 per cent) of businesses reported being a victim of crime in the last twelve months – 37 per cent having problems [...]
Tags: FSB · Small Business
Interactive investment from Dragons’ Den
Mike Symes - Monday 16.02.09, 09:22am
The BBC has announced a brand new opportunity for entrepreneurs seeking investment with the introduction of two online Dragons. Entrepreneurs will face two of Britain’s business high-flyers in an online-only version of Dragons’ Den with the chance of securing up to £50,000 of investment.
As in the BBC Two programme, the online Dragons are highly successful [...]
Tags: Uncategorized
SME Invoice Finance Launches New Web Site
Mike Symes - Friday 13.02.09, 09:06am
Invoice Finance specialist, SME Invoice Finance, has launched its brand new web site, www.SMEIF.com.
The site has been developed as a reference source for company directors and their advisers, containing valuable information on Invoice Discounting and Factoring solutions featuring a downloadable guide, case studies and a series of recession-proof tips to help businesses survive and thrive.
John [...]
Tags: Factoring · Invoice Discounting · SME · Small Business
More action needed to stimulate the economy
Mike Symes - Wednesday 11.02.09, 09:08am
The Government has come under attack from the Federation of Small Businesses (FSB) once more for not doing enough to stimulate the economy.
VAT cuts, bank lending guarantees and pledges on payment practices have failed to make a difference, according a survey by the small business membership organisation and pressure group.
The FSB poll of more than [...]
Tags: Banking · SME · Small Business · UK Economy
Are banks really behind the EFG?
Mike Symes - Tuesday 10.02.09, 10:38am
The Government’s Enterprise Finance Guarantee (EFG) has received a mixed reception from the UK banks, as reports from the following small businesses show:
Wesley Services is a small manufacturing company in Leeds. Joanne Ward, the company secretary and financial controller, attended a meeting with her bank manager to discuss renegotiating the firm’s overdraft. When she mentioned [...]
Tags: Banking · SME · Small Business








