In his latest Budget, Chancellor George Osborne announced a doubling of the Enterprise Management Incentive (EMI) grant limit, which will come into force as soon as state aid approval has been received. In a move which will help recruitment agencies incentivise their key people, businesses with up to 250 employees and £30 million of gross […]

According to a survey by the banking industry body Bacs, the amount owed in late payments to SMEs in the service sector dropped by £1.7 billion year-on-year in 2011. Despite this, 52 percent of business services firms received late payments from clients, with an average payment time of almost two months. This research highlights the […]

As recruitment agencies sometimes have to wait weeks for payments from clients, it can often be difficult to maintain a consistent cash flow, so acquiring the right source of funding can make a real difference. To help smaller businesses obtain lower cost loans, the government has launched the National Loan Guarantee Scheme. By guaranteeing £20 […]

The unexpected always happens, and any kind of disruptive event can place a real strain on businesses. Even a thriving recruitment business could find itself under pressure if disaster strikes. The incident need not be as dramatic as an earthquake or a terrorist attack either: a break-in, vandalism, fire, IT failure – or staff illness […]