Hiring your first employee: What to be aware of

Starting your own business is an exciting and difficult time. It is likely that you will work long hours and have to do everything yourself; until you are ready to take on your first employee. Unfortunately this is also a difficult time! How to know you’re ready for your first employee Taking on an employee

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Source: SmallBizUK

How small businesses can help in the fight against modern slavery

Slavery can seem like a concept straight from a history book. However, today there are more victims around the world than at any time in recorded history. A recent report from the International Labor Organization (ILO) estimated that more than 40 million people worldwide were victims of modern slavery in 2016. For the first time

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Source: SmallBizUK

Late payments World Cup: Which country pays the quickest?

Brazil pays suppliers on average only 4.3 days beyond terms (DBT), with Iceland coming up second best at 6.4 DBT. The DBT describes how long it takes businesses on average across each country to pay their bills, past the due date. England, meanwhile, would qualify from their group in second place with a DBT of

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Source: SmallBizUK