The SBEE: Opening Up The Public Sector Market To SMEs
Through the passing of the Small Business, Enterprise and Employment (SBEE) Act and its broad range of measures, SMEs have seen the reduction of many barriers to growth and access to funding.
Through the passing of the Small Business, Enterprise and Employment (SBEE) Act and its broad range of measures, SMEs have seen the reduction of many barriers to growth and access to funding.
Though today we are seeing a bright business future courtesy of the rapid growth of both current SMEs and in the number of startups, it is important to note that this taste of success is predicated on the ability of SMEs to secure the requisite financial funding in the first…
Becoming law on the 26th March 2015, the Small Business, Employment & Enterprise Act (SBEE) has been designed to pave the way for the UK to become the “best place in the world to start and grow a business”.
With the recent introduction of a new and increased Annual Investment Allowance, the next few years seem the optimum time for UK businesses to consider investing in new plant machinery for maximum tax benefits.
The Annual Investment Allowance (AIA), which was set to be reduced from its temporary figure of £500,000 to a mere £25,000 will, from 1st January 2016, be set at a figure of £200,000 – a U-turn that is the sure to delight businesses and entrepreneurs throughout the UK.
The Annual Investment Allowance or AIA is a type of tax incentive for UK businesses. Knowing how it works and how to use it effectively could save you a significant amount when it comes to your tax bill at the end of the financial year.
Understanding the ins and outs of bank lending can often be difficult. Discover what you need to know about asset-based lending, an often-overlooked source of finance.
Businesses looking for a quick injection of capital will usually take the conventional route of a standard bank loan. In periods of working capital requirement, the most suitable borrowing option might be an asset-based loan, which can prove an effective source of alternative finance.
As a method for raising working capital, asset-based loans are especially popular for medium and larger sized enterprises. Utilising this type of loan effectively can help businesses to grow by liberating tied up capital that is stored in assets.