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Festive Season

Friday, 17 November 2023

How to prepare your business for Christmas: 5 tips for the festive period

The festive season is creeping up on us – it’ll be here before we know it. As well as being an important commercial event and a cultural holiday, Christmas requires plenty of preparation. For many businesses, performance over the festive season can determine whether they make a profit that year. As the retail landscape grows more competitive, it’s crucial to get it right and plan your festive strategy sooner rather than later.

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Monday, 13 November 2023

Black Friday: 7 Ways Small Businesses Can Prepare for Success

Although Black Friday initially has its roots across the pond in America to mark the Friday after Thanksgiving, the occasion has gone global and has fast become a huge shopping day here in the UK too. In recent years, Black Friday has also spurred the creation of ‘Cyber Monday’ and ‘Cyber Weekend’ – where e-commerce businesses can cash in by offering huge savings and discounts online across a three-day period, creating a weekend retail phenomenon. Research has found that over half of UK adults (51%) plan to shop over the Black Friday weekend, with total Black Friday sales in 2022 reaching an estimated £12.3 billion.

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Biometric Payments

Thursday, 09 November 2023

What are biometric payments — and do they really make transactions more secure?

In recent years, we've witnessed an incredible evolution in the world of payment methods. Card payments have become increasingly seamless, from the widespread adoption of contactless payments to the convenience of using smart wearable devices for transactions. But what lies ahead in the realm of payment technology? Today, we're delving into biometric payments, a cutting-edge approach that could redefine how we make card payments.

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Wednesday, 08 November 2023

Does my website need a privacy policy?

If you're just taking your business online, you'll no doubt have a list of to-dos as long as your arm. One item that can easily be overlooked is the addition of a privacy policy to your website — though vitally important following the introduction of GDPR (General Data Protection Regulation) throughout Europe and the UK. With these regulations being relatively new, it's easy — especially for startups and small-business owners — to overlook the importance of a coherent privacy policy.

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Friday, 27 October 2023

What are card schemes and how do they work? A guide for small businesses

The UK Finance Payment Markets Report 2023 found 50% of all payments in the UK were made using debit cards in 2022. What's more, over 95% of the UK population owns a debit card. With card payments on the rise, it's crucial for businesses to understand the pivotal role card schemes play in ensuring secure transactions.

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Small Business (1)

Friday, 08 September 2023

What are business assets? A simple guide for businesses

Whether you realise it or not, every business needs assets to operate. And when you’re starting a business, one of the most important decisions you can make is what assets your company should hold. But, getting your head around the different types of assets and how to account for them can be difficult. Find out more about the specifics around business assets — including their various forms — and how valuable they really can be to small businesses.

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