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.

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.

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.

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.

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?

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.

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.

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.

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.

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.

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.

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.

Two decades ago, London was the place to be. The bustling environment of city life was a haven of opportunity, both personal and professional. Students, graduates, young professionals and aspiring entrepreneurs had their sights set on the cool bars of Soho and classy ‘lunch and learns’ in the hotspots of the capital while enthusiastically scribing their first business plans on whatever napkin or beer mat happened to be available; it was the only place to be.

If you run a business that relies on vehicles for operations, it can become more and more difficult to manage the fleet as it grows. Keeping the fleet in good working order, making sure that driver safety is a top priority, and saving money on maintenance and repairs can all become much harder to manage as your vehicle numbers rise. Because of this, it’s no surprise that many growing fleet-based companies are turning to fleet management companies. But is this the right solution for your company? Here are some reasons why it might be the best idea.

In this article we will discuss no code, the no code startup and the no-code revolution and how it will impact businesses and the world around us. So, what is no code? No idea? Well, essentially it allows programmers, and perhaps more importantly, non-programmers, to create application software through graphical user interfaces and configuration instead of using traditional computer programming (or coding).

Running an organisation free of issues is what everyone wants. No business wants to fall victim to cyber attacks. However, that's not always the case. Day in day out, cyber criminals are devising means of compromising businesses. According to Purplesec, Cyber crime is up by 600% due to the COVID-19 pandemic. Some other factors, such as software issues, make enterprises insecure.

2020 has been an unusual year for businesses. Every industry has been affected by the pandemic in some way, whether that’s for better or worse. As companies continue to try and navigate these difficult times, it’s essential to find ways to thrive and keep the money coming in.

According to statistics, the average business grows at an estimated 15% per annum, yet just four percent manage to reach that magic £1m turnover mark.

Ten percent of the population are believed to be dyslexic, but it is still often poorly understood. With the right support, the strengths and talents of dyslexic people can shine. So how come workplaces have yet to wake up?

As we all know, branding is something that can make or break your business - a blueprint for how you want the world to see your company. Despite this however, it is something that is still chronically misunderstood – to the point where it is sometimes ignored altogether.