Articles

Written by our experienced business advisors, this catalogue explores many issues associated with running an SME business.

Here we comment upon the latest business trends and relevant financial information, as well as explore topics such as how to structure your company for growth, and how to develop KPIs that will add value to your business.

are you still in love with your business?
Improve your business growth strategy by falling back in love with your business

We at Pro-actions are often reminded that many smaller businesses have owners that have fallen out of love with their businesses. Our experienced advisors often meet hard-pressed business owners that have lost the passion for...

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business interruption claim
Supreme Court backs SMEs in Business Interruption Insurance dispute

There is some potential good news for SMEs awaiting pay-outs under Business Interruption Insurance policies. Almost 400,000 businesses’ claims had been disputed by their insurers, which stated that the Coronavirus pandemic was not covered in the policies. On...

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small business bounce back loans for SMEs
Time to refinance your CBILS and BBLS?

Last year the Government launched two loan packages to help businesses that were experiencing difficulty due to the Coronavirus pandemic – The Bounce Back Loan Scheme (BBLS) and The Coronavirus Business Interruption Lending Scheme (CBILS)....

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Creating resilience
Becoming resilient: the top 6 things SMEs can do to deal with the fallout from Covid and Brexit

Uncertainty seems to be about the only certainty these days.  Much has been written of the catastrophic economic repercussions of Covid although our view is that the situation is somewhat more nuanced and depends a...

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Furlough scheme update June 2020
Important changes to the Coronavirus Job Retention Scheme (CJRS)

On 29 May 2020, The Chancellor outlined further details on the extension of CJRS, including improved flexibility to bring furloughed employees back part time in July, and a new taper requiring employers to contribute to...

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R&D engineer
Do your research! How your R&D spend could bring cash into your business

The COVID-19 pandemic continues to negatively affect businesses and many of you will be burning through cash reserves to keep your company afloat. Whilst there is help available in the form of extra borrowing, there...

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