In the current business news storm, here are three things that you should know if you have a small business:
- Business regulation is exhaustive, confusing and constantly changing. Are you aware of the current and new legislation that affects your business? Recently the Federation of Small Businesses (FSB) has criticised the huge number of new rules that will add to the administrative burden on many firms, and expressed concern that the sheer volume of new rules could overwhelm small businesses. This goes against government pledges to cut back on the amount of regulation. [Read more here…]
- After the last bout of crumbling banks, it might seem more sensible to keep your money under the bed than in a bank, but Gordon Brown has said that the government would do “whatever is necessary” to protect savings. Therefore, the Financial Services Authority is set to begin negotiations with the banks to raise the threshold at which deposits are guaranteed to £50,000. [Read more here…]
- It might be useful to switch on the TV and have a look at The Business Channel on Sky 547. Companies from the entire world are introducing their businesses and telling their stories through the voices of their directors, customers, partners and investors. The channel also offers you the chance to produce a short promo spot that you can use for your website or for your meeting. What could you say about your business in 60 seconds? [Read more here…]