Manufacturers question ability to expand production capacity
Reuters reports that a survey of British manufacturers suggests the UK’s ability to rapidly expand domestic production in a crisis […]
Growing a business
Staying in Business?
Running a small or medium-sized enterprise has never been simple, but in today’s landscape the challenge is steeper than ever. Markets shift quickly, technology evolves at pace, and customer expectations continue to rise. For many business owners, simply keeping the lights on can feel like a full‑time job, let alone finding the time, clarity, or resources to fuel real growth.
Tax loophole favours Chinese importers
The chief executive of Associated British Foods, (owner of Primark), has warned that the Government’s delay in addressing a tax loophole benefits Chinese firms and is harming UK retailers. He has urged ministers to eliminate a rule allowing firms like Shein and Temu to ship parcels worth up to £135 without duty.
More help for struggling hospitality businesses.
Both the FT and the Telegraph report that The Chancellor has stated that only pubs will receive tax relief from the Government’s recent business rates U-turn. This leaves other hospitality businesses without the support they need. She was speaking at the World Economic Forum in Davos. She went on to say “The situation the pubs face is different from others in the hospitality sector.”
Help for Our Client Buying a Business
iBOSS was approached, by a legal advisor contact of ours, to help a client of his, who was considering buying a well-established retail business. That business is based in Cambridgeshire and trades under the name of Cambridge Interiors. This was a ‘retirement sale’ of a company involved in selling curtains, carpets and other flooring materials. It has been in existence for some 30 years with a solid customer base.
News
High banking charges hinder SME expansion
A study of 3,000 small business owners has found that high banking charges are a bigger obstacle to international expansion than Brexit red tape.
Success Stories
Helping a children’s nursery to grow
‘Outstanding’ but still looking to improve! We, at iBOSS, were recently approached by the owner of a children’s Nursery. She