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loss of key staff

SMEs fail to insure against loss of key staff

Posted under Ward Goodman News.

Only a quarter of small and medium-sized enterprises (SMEs) insure their key staff. This is despite three out of ten companies in the sector admitting to having lost the services of a crucial employee for three months or more due to a serious illness. These are the findings from the latest research carried out by…

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payments

Are you caught up in the rise in late payments?

Posted under Ward Goodman News.

The culture of late payment to UK small and medium-sized enterprises (SMEs) is undermining their growth and the value they bring to the UK economy, latest research has warned. A staggering 62% of invoices issued by UK SMEs in 2017, worth over £21 billion, were paid late, according to findings from business finance company MarketInvoice….

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Funding gap

Funding gap hampers growth opportunities for smaller businesses

Posted under Ward Goodman News.

UK SMEs are struggling to find adequate funding to invest and boost their productivity, according to research by Close Brothers Group. Access to sufficient capital is vital for businesses looking to grow and expand. Funding is needed for staff training, investing in new technologies, expanding product lines, or renovating premises, all of which can help…

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