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In the fast-paced world of business, ensuring that you get paid on time is crucial for maintaining a healthy cash flow and sustaining growth. By establishing effective credit control practices, businesses can not only minimise the risk of bad debts, but also free up vital resources to fuel growth.
Transitioning your business from a start-up to scale-up can be an exciting journey filled with new prospects and opportunities. However, it's important to acknowledge that the path to growth is accompanied by a unique set of challenges that entrepreneurs must overcome.
Obtaining extra funding can be a lifeline for businesses and their projects. However, finding and applying for grants can be a challenging process to navigate. DSA Prospect Director, Nigel Benton discusses the government's online funding tool and how it can simplify the grant application process for businesses.
The government is looking to reform Research and Development Tax Relief for accounting periods beginning on or after 1 April 2023 - what does mean for companies claiming?
On 20 July 2022 Business Secretary Kwasi Kwarteng announced that the Recovery Loan Scheme (RLS) will be extended for a further two years offering small businesses crucial support, while also accelerating economic growth in the UK.
Perhaps one of the most obvious changes brought about by the pandemic is just how important technology has become. During lockdowns and restrictions, entrepreneurs and business owners found new ways to pivot and keep everything ‘business as usual’ with the use of new technology.
Along with the start of the 2022/2023 tax year, 6 April brought a new increase to National Insurance contributions (NICs) known as the Health and Social Care Levy.
As an entrepreneur starting a business, or even planning a scale-up, a business plan is a very important part of the process. This strategic tool helps define your short and long-term goals while providing a blueprint for your next steps.