Small Firms in Line for Business Interruption Insurance Pay Out

The Financial Conduct Authority (FCA) has won its Court case to get insurers to pay out for business interruption due to the first lockdown in the spring of 2020. The Supreme Court says it “substantially allows” the appeal by the FCA and hospitality groups. The...

Do You Have a Strategic Plan in Place for 2021?

We would encourage all business owners to take the time to prepare a 2021 strategic plan. If you have an idea of what you want your business to look like when it is running successfully, then you are in a position to drive your business towards the vision, and you can...

New Lockdown Grants Announced

On 5 January 2021, the Chancellor announced one off top up grants for retail, hospitality and leisure businesses worth up to £9,000 per property to help businesses through to the Spring. In addition, there is a £594 million discretionary fund also made available to...

Business Planning Tips for 2021

Business planning for 2021 is more difficult as we cannot predict the date of a return to normality or what will happen with Brexit just yet, however there are some practical steps you can take to minimise potential disruption to your business: 1. Review your budgets...

Covid-19 Update – Vaccine Optimism: Will the Lockdown End?

The news is full of stories of the UK Government approving the Pfizer vaccine and who will be first to be offered the jabs and how the vaccine will be rolled out – rightly so, people are more optimistic about the ending of lockdown and a return to normality. The...

How to Manage Cash Flow in Your Business

Planning ahead to boost your business’s resilience. During what would normally be the busiest period of the year for businesses in retail, hospitality and other sectors, many will now be keeping a close eye on their cash flow as they deal with the impacts of COVID-19....