The Business Secretary has announced that the Government is doubling the investment available to businesses and tech start-ups developing innovative ideas and solutions to help tackle the disruption caused by the coronavirus (COVID-19) pandemic.
As small businesses faced difficulties securing funding available under the Coronavirus Business Interruption Loan Scheme (CBILS), the 'Bounce Back Loan Scheme' launched yesterday and banks have been inundated with applications.
With many businesses currently closed or running at significantly reduced capacity, they may well be looking at their existing insurance cover (usually business interruption cover) to see whether claims can be made to recoup at least some of their losses.
Coronavirus (COVID-19) has changed the way we live. Whether it's personally missing friends and family, or organisations finding themselves shut to the public and left with limited options when it comes to keeping cash coming into the business.
As businesses try and survive in these difficult times, there are many worries for business owners and directors. The following FAQs answer your common concerns and gives tips on how to act now to mitigate the impact of coronavirus (COVID-19).
If you take the view that out of adversity comes opportunity, you may already be working on innovative new business ideas or remodelling your existing services or products to meet the current and future requirements of your clients.
As the coronavirus (Covid-19) continues to develop, smaller firms are struggling to take advantage of the Business Interruption Loan Scheme due to accredited lenders failing to approve the growing number of applications.
You may be an employee who holds share options or you may be an employer who has granted share options to employees. Either way, dependent on how your share scheme rules are drafted, the current coronavirus (COVID-19) crisis may have an impact on you.