Exit Planning for Success: Why Every SME Needs a Strategy
For many of us business owners, the thought of exit planning can feel premature or even uncomfortable. After all, your business might represent years of hard graft, a personal legacy, or a family enterprise entrusted through the generations. Yet, exit planning is essential for ensuring the long-term success of your business, whether you plan to sell, pass it on, or simply step back from its day-to-day operations. It’s not just about selling up; it’s about making sure your business continues to thrive and grow, even when you’re no longer at the helm.
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How Labour's Green Policies Can Benefit Both SMEs and Homeowners
With the new government now firmly in place, the UK is set for some significant changes in energy and environmental policies. These policies offer substantial opportunities for both homeowners and SMEs to achieve growth, cost savings, and enhanced sustainability.
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Case Study: RfM Transform and a leading Green Technology Company
Our client is a Lancashire business at the forefront of green heating technology, pioneering innovative solutions that combine local electricity generation with renewable heat. They needed expert guidance to navigate the complexities of R&D tax credits and ensure they could fully benefit from their innovative projects. Their goal was to secure funding in the form of a tax credit to support ongoing advancements.
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Lessons in Sustainability from the Paris 2024 Olympics
While the viewers' focus has undoubtedly been on the medals (perhaps one Turkish silver in particular?!) and record-breaking performances, behind the scenes, the Paris 2024 Olympics has quietly been setting a new standard for large sporting event sustainability. The organisers implemented a comprehensive plan to not only reduce carbon emissions but to promote renewable energy, and ensure a positive environmental legacy. This commitment extended beyond the event itself, aiming to make a long-term positive impact on the environment.
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New Government Brings New HR Policies: What SMEs Need to Know
With a new government in place, several significant changes to employment law are on the horizon. These changes aim to enhance employee rights and protections, but what does this mean for small businesses?
Tina Holt, HR Director, details the latest updates and their implications.
EU CBAM: Impact on UK Businesses
The EU's Carbon Border Adjustment Mechanism (CBAM) is a policy aimed at reducing carbon emissions by levelling the playing field between EU and non-EU producers. Already effective since October 2023, the CBAM is set to impact a wide range of businesses, particularly those involved in exporting to the EU or supplying to those companies who export to the EU. The mechanism focuses initially on high-emission sectors such as cement, iron and steel, aluminium, fertilisers, electricity, and hydrogen, with plans to expand coverage by 2030
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