Bored of the adage 'If you fail to plan, you are planning to fail'? You're not alone. Sadly, truisms - much like a parent's advice - tend to be worth heeding. When it comes to funding, it's best to do it well in advance. Too many companies leave it until there's a cashflow crunch before acting. As trusted advisers, accountants need to play the role of parent, use their wisdom to identify future funding opportunities, model a couple of scenarios, and help clients find a source of finance that doesn't leave them with unfavourable terms.

As December approaches, firms of all sizes will be planning their strategy for 2021. The second lockdown in England has brought yet another blow to the business world, and proves that industries will continue to be impacted by COVID restrictions and a new way of working. Planning for 2021 may be challenging this year, especially for small firms who have found their usual service heavily disrupted.

The need for specific employable skills in the workplace is essential. Attracting and acquiring new talent to all industries is a competitive field, with more students leaving school and attending university than ever before.

Of all the industries in the world, the jewellery business is one of the most traditional and old-fashioned. It is also the most reliant on direct interaction between master craftsmen and merchants. The most precious metals and stones in the world pass from hand to hand in a supply chain that has barely changed in hundreds of years.

On 25th November 2020, the EU Commission published a new intellectual property action plan.  The action plan, touted as “an intellectual property action plan to support the EU’s recovery and resilience” outlines possible future moves, noting that intangible assets are “the cornerstone of today’s economy”, with IPR-intensive industries generating 29.2% (63 million) of all jobs in the EU during the period 2014-2016, and contributing 45% of the total economic activity (GDP) in the EU worth €6 trillion.

For many, December will soon mark almost eight months of continuously working from home, a complete shift from normality when it comes to working and riding the balance between work and home life. Google trends data also reveals searches for ‘burnout’ peaking as the UK entered a second national lockdown earlier in November.

Following the recent lockdown #02, there has never been a more important time to focus on wellbeing for clients and employees and of course yourself! I wanted to share what we have been doing at Clockwise to support everyone we work with.

If you own or run a small or medium sized business (SMB), chances are you’ve heard a lot about data: how it can give you new customer insights, tell you more about your staff, or help you make better business decisions. All of that may be true, but you’re also likely thinking about one key question: how does data help me boost my revenue?

One of the top ten reasons why startups fail is lack of financing and investor interest. That is why fundraising is an important part of a startup journey. There are some principles following which might increase your chances for success in closing your next investment round.

Many small and medium sized enterprises (SMEs) and startups will be entering uncharted waters with this year’s peak retail season. The past several months have radically changed business operations, and current health and safety restrictions have accelerated the trend in consumer spending online.

As we near the end of a year unlike any other, many business owners will be hoping for a more optimistic 2021 and preparing to turn a new leaf. The crisis is not over yet, but it has already shown us the importance of resilience, resourcefulness, and vigilance for businesses and there are many key lessons for us to carry into the New Year.

A leading business insurance broker has urged firms and SMEs to get new insurance quotes in 2021. Get Indemnity, the digital insurance broker polled 650 SMEs and found that 68% of participants had not sought alternative insurance quotes in the past three years - and a further 32% had not applied for new quotes in the past five years.

With the COVID-19 pandemic in full swing and uncertainty over when we will be returning to our offices, every company big and small is now adjusting to remote working.

Although many businesses are currently able to access significant finance via the various Government-backed loan schemes, which have recently been extended until January 2021, not every business is willing or able to accrue additional debts.

Starting a business may be exciting, however there are a few things that you need to make sure that you get right from the beginning. Here are some of the top tips that I share in my new book, BOSS IT.

Starting a business is hard. You only need to look at the failure rate to confirm it. And that’s in a normal, non-pandemic year. For anyone starting out now or looking to do so soon the challenges are astronomical. This is because as well as all the normal startup hurdles involving financing, staffing, cash-flow and the like, businesses are beset with a legacy of COVID-19 and the wider economic ramifications it will leave.

Xilinx Ventures, the corporate venture programme of US technology company Xilinx, has invested over $125m in more than 30 global startup businesses over the last three years, covering technologies in data center, communications, machine learning, automotive, edge computing, and innovative silicon design. It therefore seemed an ideal port of call for this issue’s Startups Launchpad feature. We caught up with Sagi Paz, Head of Xilinx Ventures, and Patrick Rundell, Manager at Xilinx Ventures, to find out more.

From full national lockdown and the gradual easing of constraints, to a three-tiered regional system of restrictions and then back into another national lockdown. It’s been a long and arduous time for everyone since COVID-19 first reached our shores earlier this year, and even more so for the many hardworking business owners up and down the country trying to keep disconnected workforces operating smoothly.

Podcasts are a great way to build your brand and tell the story of your business. Over the past five years, there has been an explosion in the number of corporate and business podcasts available and with it a growth in engaged podcast audiences. According to a September 2019 Ofcom report over seven million people in the UK listen to podcasts each week, a 24% growth over the previous 12 months.

Anyone digesting the headlines and latest research over the last few weeks would be forgiven for believing things have never been so bad for small business.