Re-engaging with and reintroducing furloughed employees

zoom call

During this global pandemic approximately 7.5 million employees have been furloughed (more than 1 in 5 of the UK’s workforce) and, for many, this has been for a significant period of time. You may have even furloughed some of your own employees. For employees that have been furloughed, the challenges of returning to work go … Read more Re-engaging with and reintroducing furloughed employees

How to prevent upwards delegation working remotely

lots of arrows

Do your staff members often come to you with questions or problems that they could potentially work out themselves just by using their initiative? More often than not, do you end up saying “just give it to me and I’ll get it done, it’ll be quicker?” While it might be quicker to do this one … Read more How to prevent upwards delegation working remotely

Do you have a scalable business model?

Man measuring

Nobody starts a business to see it crashing after a couple of years. No one wants their business to stay small forever or to have to throw in the towel when a recession hits. Every business owner wants their business to generate sustainable revenue, one that funds the lifestyle that they want and creates a … Read more Do you have a scalable business model?

5 easy ways to cut overheads during a recession

lady with laptop

So many businesses are in the position where they need to cut overheads but how do you do this without having to make anyone redundant or reducing their hours? How can you do this without having to trawl your financial reports? If you’re looking for easy ways to cut your overheads during a recession, here … Read more 5 easy ways to cut overheads during a recession

New Grants To Boost Recovery Of Small Businesses

Business meeting

Thousands of smaller businesses in England are set to benefit from £20 million of new government funding to help them recover from the effects of the coronavirus pandemic, the Minister for Regional Growth and Local Government has announced. Small and medium sized businesses will have access to grants of between £1,000 – £5,000 to help … Read more New Grants To Boost Recovery Of Small Businesses

What is the job retention scheme bonus?

Hand with iPhone

Employers will be able to claim a one-off payment of £1,000 for every employee they have previously received a grant for under the Coronavirus Job Retention Scheme (CJRS), and who remains continuously employed through to the end of January 2021. To be eligible, the employee must have received earnings in November, December and January, and … Read more What is the job retention scheme bonus?

Claim Money Back Through Eat Out To Help Out Scheme

Eat out to help out scheme

The Government has announced details on how to claim the reimbursement for discounts given to diners with the Eat Out to Help Out Scheme. Please talk to us if you need help with your claim and record keeping.  Who can claim? If you have registered your establishment for the Eat Out to Help Out Scheme … Read more Claim Money Back Through Eat Out To Help Out Scheme

Is your van actually a car? – The answer may surprise you.

a Van and a car

“Should I buy a car or a van” is a question we frequently get asked at 1 Accounts. Our recommendation is usually van. This is because you can claim back the VAT and the taxable benefit in kind is usually much less than a car (unless electric).   As the benefits of buying a van … Read more Is your van actually a car? – The answer may surprise you.

How to network when you can’t network in person

speech bubble "how to network remotely"

Small to medium-sized businesses have to go the extra mile to stand out from competitors, particularly when those competitors can afford the best advertising campaigns. In the past we could compensate with networking, by attending conferences, trade fairs, or local groups. Now those options have gone, how can you compete with bigger businesses? In many … Read more How to network when you can’t network in person

Business Bounce Back Loans

Business bounce back loan - boy on trampoline

Business Bounce Back Loans – what are they and should you apply for one? Since the scheme launched in May 2020 (just 3 months ago), more than 860,000 bounce back loans have been issued. This means that thousands of small businesses who are struggling due to the coronavirus have applied for and received financial help; … Read more Business Bounce Back Loans