Choice Blog - Business interest topics

5 things to consider when downsizing your business

Last post: Nov 15, 2022

In response to the financial crisis, some businesses are considering “downsizing” or reducing the size of their workforce in order to save on costs. Downsizing to save on resources is a common response in times of trouble, it can be a difficult decision to make and there are things to keep in mind when doing so.

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Super Capital Allowances, how will they affect me?

Last post: Aug 15, 2022

In 2021, the Chancellor announced a number of capital allowance incentives in his budget that will remain until at least 31 March 2023. Find out more about how businesses can cut their tax bill in this article from Charterhouse Accountants.

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10 Tips for Getting Your Business Ready to Sell

Last post: May 25, 2022

What are the most important things that you can do to get your business ready to sell? This is often the first question business owners ask when considering the sale of their company and is explored in this blog from Paul Kaye of Transworld Business Advisors.

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Warning signs that a business is in trouble

Last post: Mar 16, 2022

Spotting the early signs of a business getting in to trouble can often save a business, rather than leaving it too long, throwing too much money at it and it not working. Sadly we think that a few businesses will start to feel that pain and maybe try and ignore it, but getting to it early gives it a better chance of survival.

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Business is bouncing back, but what’s the cost?

Last post: Feb 14, 2022

Over 1.6 million businesses have taken government backed coronavirus support loans and for most, this would have been to plug a hole and keep bills paid. Many will now be feeling the pinch since repayments have kicked in and are unable to apply for further loan funding for expansion and recovery. If the business is clearly still viable and is able to prove that they have now turned the corner, we may be able to turn to alternative finance options.

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Last post: Jan 19, 2022

The Cyber security war is still raging. 2021 saw a further massive rise in Cybercrime incidents, from hacks, data theft/breaches and ransomware attacks. Darrin Salt from The Technologies Group looks at these threats and what you can do to protect your business.

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