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The cost of doing business has accelerated by 600% and inaction is costing Canadian SMEs dearly

The cost per unit has grown approximately six times more between 2020 and 2021 than the average annual cost growth between 2013 and 2019, according to BDC’s new study, How to cope with inflation and remain profitable. Moreover, 65% of Canadian companies have felt the negative...


Emirates Islamic launches cash back campaign to incentivise SME trade development in the UAE

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has launched its ‘Trade More, Earn More’ campaign to incentivise small- and medium-sized businesses to use the bank’s trade solutions suite for optimal import and export business transactions. The...


Mambu and EY UK identify five crucial success factors to champion underserved SME segment

Ernst & Young (EY UK) and cloud banking platform, Mambu, have identified five crucial success elements that financial institutions need to consider to ensure their small and medium enterprise (SME) lending offerings are accessible to SMEs. The availability of finance is key to the success of...


Technology start-ups must not underestimate the power of IP

Economic uncertainty may lead to some technology start-ups not spending money on generating intellectual property (IP) assets. But Marks & Clerk, one of the world’s leading IP firms, says it is important to capture and protect IP to maximise profitability and drive business growth....


Northern Accountants builds new R&D tax service underpinned by WhisperClaims’ technology

Northern Accountants, an accountancy general practice in Leeds, had initially decided not to offer an R&D tax service because it is a specialist area. But thanks to the WhisperClaims’ R&D platform, it started to confidently deliver R&D tax services as part of its offering to...


What does Making Tax Digital for VAT mean for small businesses?

Gone are the days of submitting your taxes and worrying for weeks about getting a call from HMRC telling you that something isn’t right. With new taxation software, businesses are getting double the peace of mind for half the time. Christian Müller, Chief Finance Officer at Moss, a...


Nearly half of UK businesses missed a 2022 financial target amid economic uncertainty 

As the economic downturn becomes more severe and a recession looms, inaccurate financial projections will put businesses at risk more than ever. A new survey conducted by Gong, a leading revenue intelligence platform, finds that 44% of UK businesses missed their earning targets at some point this...


Financial downturns – how can CX leaders help their organisations emerge stronger?

Bill Staikos, Senior Vice President, Evangelist and Head of Community Engagement at Medallia, talks to us about the steps CX leaders can take to successfully get their business through times of economic turbulence. The last few years have been challenging in more ways than one and our economy has...


A quarter of small business owners unable to pay bills in 2023 

Small businesses in the UK have had to cope with an onslaught of challenges throughout the last year and as a result, many do not have high hopes for the new year. A survey of 600 small business owners carried out by Simply Business, a small business insurance provider, has revealed their key...


XERO Director on how small businesses can get MTD compliance right the first time 

From April 2022, all UK VAT-registered businesses will need to comply with HMRC’s new digital tax legislation, known as Making Tax Digital (MTD). It means those still submitting paper-based records will have to shift to maintaining records online and filing VAT returns digitally, with...


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