The COVID-19 pandemic has upended UK Government rules and regulations on a whole raft of important areas. The massive bailout of business, individuals and the self-employed highlights the damage that this pandemic will do to the wider economy without adequate state support. To help prevent this damage, the Government has announced a selection of payment delays on Self-Assessment and VAT. The Government has announced that...
HM Government has announced a raft of new support provisions to help businesses through the COVID-19 pandemic including small business rate relief grants. The current lockdown is creating unprecedented pressure on UK businesses – with small and micro businesses especially feeling the pinch. One new announcement is support for businesses that pay little or no business rates on their premises. There are several rate-based grants...
The COVID-19 pandemic has changed the entire focus of British society and the wider economy. Government intervention has been unprecedented. However, for many self-employed tradespeople and freelancers, jobs will be drying up and money getting tight. For those unable to access the Government’s generous self-employed income support scheme, UC will be their only alternative means of support. Benefits have always been difficult to access for...
Do you run a successful Multi-Level Marketing business? Lead generation is the “lifeblood” of MLM business success. Undertaking great lead generation should be at the core of your business’s DNA. At its simplest, without valuable leads your multi-level marketing business will fold. To help boost traffic and client engagement. This article will help you understand the avenues available to MLM businesses and how to target...
March 2020 News Update – featuring additional news developments from our newsletter series. Welcome to the March 2020 News Update – Coronavirus and the Budget take centre stage. HM Government announces Covid-19 support including sick leave support and business helplines to help unburden companies with tax liabilities, other developments include national insurance threshold increases and off-payroll news updates. The Chancellor has announced the Government’s financial...
We are living in very different times and business is not running as usual thanks to Coronavirus. The UK is in the midst of a nationwide lockdown. We have social distancing rules in place that inform our social decision-making. This article will bring together the latest announcements and make sense of these big changes. The Government has announced £330 billion pounds worth of loan guarantees...
In the personal training sector, your relationship with your clients will be uniquely strong and close – this is due to the transformational experience of your client journey. Close bonds create powerful word of mouth networks, but you also need to think about “new business” opportunities at the same time. Therefore, we have decided to write an article for personal trainers and how they could...
Starting a business can be incredibly challenging and exciting – and hiring your first employee can be incredibly daunting. However, once your business becomes successful and moves away from the “start-up” mentality to become a more traditional functioning organisation. It requires you, as a business owner, to give up task-based responsibility to help you to focus on your business and the growth potential therein. This...
Budget 2020 – What It Means for Entrepreneurs, Freelancers and the Self-Employed Well, that’s it for another year… Budget 2020 is done and dusted. But how will the new announcements affect those who are self-employed, the backbone of Britain’s economy from start-up entrepreneurs to freelance creatives, and what will it all mean? We have put together a useful article breaking down the Budget for self-employed....
At Prestige Business Management, we understand that many businesses are unsure of what they should do in regard to the Coronavirus pandemic. This outbreak will have a major economic impact on the UK. It will also impact society in the short-term. This article is based on information from OECD, the NHS, and HM Government. What started in Wuhan in China with the outbreak of COVID-19...
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