small business news

self-assessment deadline extended

Sole traders, entrepreneurs and other individuals who are required to fill out self-assessment tax returns will not receive a late filing penalty if they make their submission on the 1st or 2nd of February.

schools must develop entrepreneurs

The Forum for Private Business has called for schools to play a leading role in encouraging entrepreneurship amongst young people.

google targets welsh SMEs

Search engine giant Google has announced a 12 month campaign to get businesses in Wales to start using the web.

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30% more risk without a website

march 2010

Small businesses that do not trade online are 30% more likely to fail than SMEs with a web presence, according to a new report.

With online purchases increasing by 21% from 2008 to 2009, a website allows companies to reach a wider audience, without needing to spend huge amounts of money.

“Even a basic online service can make a considerable difference to businesses,” stated Carl Jackson, from RSM Tenon, who conducted the research.

“Online operations are cost-efficient to run and can substantially increase a firm’s revenue stream by expanding its customer base.”

The report indicated that offline companies could be losing up to 37% a year by failing to have a website.

For more information about getting a website for your company that’s free for 1 month, visit Duport’s freebies page.

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