Business growth

Running a business means handling payments day in and day out, from paying your staff to collecting money from customers. While there are plenty of ways to move money around, one of the most trusted methods in the UK is the Bacs payment. But what is Bacs, and how does it work for businesses? 

With the 2025 FA Cup Final fast approaching, football fans across the UK are gearing up for a thrilling day of action. Teams will be cheered on, viewers will watch from home, and pubs will no doubt be filled with passionate supporters. In other words? This year’s event will be a huge opportunity for hospitality businesses across the country to flourish.

As of 2024, there were 4.29 million self-employed people in the UK, which means that registering and reporting all that extra income via a Self Assessment tax return has never been more crucial. But, if you’re a small business owner submitting a Self Assessment tax return, knowing where to begin can be confusing if your business is only just finding its feet.

Every penny counts for new businesses. It’s estimated that 20% of start-ups fail within their first year, which means that a helping hand could be the lifeline they need to keep going. Whether your store needs a renovation or you have an exciting project in the pipeline, a cash injection can be a vital source of funding for many start-ups or SMEs in the UK. However, applying and successfully securing them can sometimes feel like an uphill challenge.

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.