● 43% of UK SMEs struggle to pay their contract workers on time as a result of cash flow problems.
● 63% say that late payments from clients or customers have a negative knock-on impact on their ability to pay contract workers on time.
● Comparative annual research finds worsening cash flow issues at UK SMEs make it even harder to access and retain talented contract workers.
Contributor: Richard Prime, Co-Founder & Co-CEO - Sonovate | Published: 1 September 2023
This article explores the challenges and pressures that many SME owners face in an uncertain economic climate. With time a valuable asset for these stretched business leaders, reliable connectivity is key to business continuity and means one less worry on their plates.
Contributor: Steve Hackley, Managing Director - Sky Business | Published: 29 June 2023
The latest data from employee engagement specialist Sodexo Engage reveals that SMEs are at risk of losing a quarter of their female employees, with 28% of female staff planning to leave their role in the first half of 2022.
Contributor: Burcin Ressamoglu - Sodexo Engage | Published: 26 April 2022
Despite the change in government guidance, many businesses are looking to continue working from home to avoid spending money on expensive office spaces.
Contributor: Alan Price, CEO - BrightHR | Published: 28 January 2022
UK fintech Soldo has today published a new report looking at the anticipated post-pandemic boom for UK business and the challenges/opportunities this presents for finance teams.
Contributor: Devonne Spence, Head of Public Relations - Soldo | Published: 1 December 2021
Despite the economy taking a thrashing throughout the pandemic, the UK’s SMEs report strong financial performance, according to new research published today by business coaching and consultancy firm, Chalkhill Blue.
Contributor: Chalkhill Blue | Published: 2 November 2021
Jamie Mackenzie, Director of Sodexo Engage: “Not only is this news a relief for businesses, especially SMEs, who have been ... View Article
Contributor: Jamie Mackenzie, Director of Sodexo Engage | Published: 25 September 2020
UK organisations anticipate that it will take 18 months to fully recover from the disruption of the Covid-19 pandemic and subsequent social distancing measures, with small businesses leading the way back to “normal”
Contributor: Professor Tim Blackman, Vice Chancellor - The Open University | Published: 5 July 2020
As many businesses continue to have staff work remotely in line with government advice, what have they learnt so far? Research conducted with 250 UK SME business owners by Hitachi Capital Invoice Finance reveals new perceptions on the remote working of staff.
Contributor: Andy Dodd, Managing Director - Hitachi Capital Invoice Finance | Published: 3 June 2020
According to a landmark nationwide survey by Fiverr, the Coronavirus crisis has already cost UK SMEs an average £277,893 each - and 64% expect their revenues to decrease by half in coming months. And despite this, 68% are feeling more optimistic about remote working since Government social distancing measures have been in place.
Contributor: Liron Smadja, Director - Fiverr | Published: 7 May 2020