Cyber Security Compliance: the regulatory requirements for businesses
SME Today
by sme-admin
3d ago
With an increasing reliance on technology, the protection of sensitive data and digital assets has become paramount for businesses of all sizes. The UK Government’s Cyber Security Breaches Survey 2023 estimates there were 2.39 million instances of cybercrime affecting UK businesses in the prior 12 months – and for small businesses, navigating the complex landscape of cyber threats can be daunting and confusing. It’s never been more important for business owners to understand the laws and regulations, and how to mitigate against potential risks. Rob Rees, Divisional Director at Markel Dire ..read more
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Top Cost-Cutting Measures That Businesses Are Implementing In 2024
SME Today
by sme-admin
3d ago
As labour, services, and material costs rise, many businesses are seeking ways to reduce expenses in 2024. Each month, an average of 7,520 online searches on Google are made for terms related to cost-cutting in business, such as “How to cut costs in business?” and “Business cost-cutting strategies”. A recent SME insights report by Dojo, who specialise in payments for enterprise and independent businesses, sheds light on the challenges faced by UK small and medium-sized enterprises. Dojo surveyed 1,001 SME owners, revealing the seven most common cost-cutting measures that businesses h ..read more
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Ditching happy hour for outdoor team adventures
SME Today
by sme-admin
4d ago
Historically, drinking alcohol has become synonymous with workplace events, and whilst this is an additional benefit for some, it’s important to understand the role that alcohol-free team building events have on inclusivity in the workplace. For some employees, this can present a social pressure to fit in and be ‘part of the team’, so alternative events must be considered. Anna Humphries, Product Development Manager at Bear Grylls Survival Academy believes outdoor team building activities are an effective solution for bringing your team together without the aid of alcohol. Inclusive ..read more
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How to leverage connectivity to unlock efficiencies wherever your people work
SME Today
by Greg Robinson
4d ago
2023 marked the great office return, with a steep rise in interest for both employees and employers returning to the office environment. According to the Virgin Media O2 Business Future of Work study, 58% of workers cited stronger connections with colleagues as a primary motivation for returning to the office, while 55% reported improved mental health attributed to in-office work environments. Currently 57% of business leaders expect their employees to return to the workplace full-time, with only 9% permitting fully remote work, according to recent research. Despite this trend, a significant p ..read more
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UK Economy Surprises with Impressive Growth in May: Calls for Pro-Growth Measures Increase
SME Today
by Greg Robinson
4d ago
The UK’s economic landscape is showing promising signs of recovery, with recent data indicating a notable upturn. Key voices in the business community are urging the new Government to seize this momentum and implement growth-focused policies to sustain and enhance this positive trajectory. , National Chair of the Federation of Small Businesses (FSB), responded to the Office for National Statistics figures showing a 0.4% rise in GDP for May: “The good growth registered in May picks up the momentum from the strong economic expansion seen in the first quarter, following April’s lull. To achieve t ..read more
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Expanding Into International Markets: The Main Barriers For Entry
SME Today
by sme-admin
4d ago
According to one of the country’s leading global logistics providers catering for SMEs, Aramex, small and medium-sized businesses in the UK are increasingly turning to international markets to seek out new growth opportunities despite ongoing economic uncertainty. The prospect to diversify revenue streams in new and emerging markets is indeed becoming an attractive option for UK businesses, with HSBC estimating last year that around 450,000 brands have ambitions to seize international opportunities. While international trading has the potential to open doors to new dimensions of possibility an ..read more
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Commercial disputes: The pros and cons of arbitration
SME Today
by Greg Robinson
4d ago
Litigation – that is, formally dealing with a dispute through the parties’ domestic courts – has long been the go-to solution when commercial disputes arise, but this form of dispute resolution has been regarded as lengthy, costly, and does little to preserve any commercial goodwill between the parties involved. Conversely, Arbitration has become an internationally welcome form of commercial dispute resolution. So, what does arbitration entail, and is it the right choice for you should you find yourself at the centre of an ongoing commercial dispute? What is arbitration? There are times where ..read more
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The Popularity Of Flexible FD Support Has Prompted Ceo Sara Daw To Step Into The Spotlight..
SME Today
by Greg Robinson
4d ago
I met Sara Daw in an office building less than a mile from my home in Wiltshire. I really couldn’t believe there was someone so successful in business and I’d not heard of them – yet they were literally in my own backyard! It’s one thing which I love about the business sector, it’s full of surprises, energy, talent and stories which often just pop up and you don’t have to go far to find those stories. Sara is the Group CEO of the CFO Centre group, based in my home town of Swindon.  What is the CFO Centre? It’s a company which provides fractional finance support for businesses across the w ..read more
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Labour’s Resounding Victory: The Path Ahead for Keir Starmer’s Government
SME Today
by Greg Robinson
1w ago
Well, it was inevitable, we all knew what the result would be, but we had to wait 6 weeks for it to be made official.  The Labour Party has clinched a decisive victory in the recent UK election, ushering in a new era under the leadership of Keir Starmer. This resounding win marks a significant shift in the political landscape, reflecting the electorate’s desire for change and renewal. As the dust settles on the election aftermath, Starmer’s new Labour government faces the formidable task of translating their mandate into tangible progress and addressing the myriad challenges that lie ahe ..read more
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Creative Nature Triumphs With Three Wins At The Free From Food Awards
SME Today
by Greg Robinson
1w ago
Free-from food company Creative Nature has been celebrated with three awards at the Free From Food Awards, at the presentation ceremony in London. Founded in 2012 by Julianne Ponan MBE, Creative Nature emerged from Julianne’s personal journey with multiple food allergies and anaphylaxis. The company’s dedication to creating delicious, safe, and inclusive food options has propelled it to the forefront of the industry. The Free From Food Awards, established in 2008, are the UK’s premier awards recognising excellence in the free-from food and drink industry. Highly respected and trusted, the ..read more
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