'Imitation isn't the best form of flattery if it costs you your business'

One in four small businesses have had their intellectual property rights infringed in the past five years. But many are reluctant to take action

For the past four years, Mike Quinn, co-founder of Raft Furniture, has been embroiled in a legal battle to defend his intellectual property (IP) rights from a neighbouring furniture firm. In May 2016, the Intellectual Property Enterprise Court (IPEC) found in his favour. They’re still negotiating damages.

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Source: Guardian

One in three now comfortable talking about mental health at work

Bupa, the health and wellbeing provider, has released figures to reveal the health of the UK’s workplace wellbeing. The research coincides with the launch of the Bupa Wellbeing Edit – a report which explores key themes in workplace wellbeing with insights from business and wellbeing experts. The data shows the number of people receiving mental

The post One in three now comfortable talking about mental health at work appeared first on Small Business.

Source: SmallBizUK

The Coffice economy is booming and four out of five Brits are part of it

New research reveals the value and work that is added to the British economy from people working out of coffee shops and the coining of a new term – the Coffice. The size of the Coffice economy is extensive, as four out of five Brits have worked from a coffee shop and do so regularly.

The post The Coffice economy is booming and four out of five Brits are part of it appeared first on Small Business.

Source: SmallBizUK

Self-employed would value receiving sick pay above other benefits

UK micro-business owners and freelancers would be more interested in receiving sick pay than any other statutory benefits, according to new research carried out in collaboration between cloud accounting software firm FreeAgent and The Freelancer & Contractor Services Association (FCSA). A poll of nearly 900 UK micro-business owners conducted by FreeAgent and FCSA – the

The post Self-employed would value receiving sick pay above other benefits appeared first on Small Business.

Source: SmallBizUK

How to create a concrete financial contingency plan

The new age of business management has freed us from many capital procurement and business financing rules. While financial contingency planning has certainly become more flexible, it is important to note that this has also led to fewer opportunities for mitigating risks. Even if the economic conditions are not currently affecting your business’s profits, your

The post How to create a concrete financial contingency plan appeared first on Small Business.

Source: SmallBizUK

Why accountants should embrace Making Tax Digital

Making Tax Digital (MTD) is HMRC’s plan to make it easier for businesses and individuals to get their tax in order and manage their finances – spelling the end for the annual tax return. By 2020, the government wants the UK to be the most ‘digitally advanced tax administrations in the world’. However, the speed

The post Why accountants should embrace Making Tax Digital appeared first on Small Business.

Source: SmallBizUK