Late payments a huge drain on SMEs

Small firms are owed a staggering £23.4 billion in late payments, an issue that is continuing to cause greater problems for businesses each year. In the last year alone, the figure has increased by £10.4 billion According to one study by Pay.UK, this is costing small businesses dear in both time and money, as 22…

How to tell if an email is fraudulent

Email scams have become increasingly common, with fraudsters claiming to be from companies, banks and even HM Revenue & Customs (HMRC) to obtain your data and bank details. The fraud, which is also known as a phishing scam, can also involve malicious software that can infect your device with a virus. To stay protected, here…

Value of UK SMEs reach £3 trillion

New research has found that the total value of UK SMEs has reached more than £3 trillion. The study by MarketInvoice found company valuation is something that two-thirds of owners consider a top priority and something they think about all the time. Business owners cited their premises, product and people, as well as the financial…