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Protect yourself from the worst-case scenario.
At Connected Accounting we can provide start-up businesses in the St Albans area with help and advice. Here are some issues to consider regarding contingency and disaster planning.
As your business gets off the ground, it is important to have a strategy for dealing with disaster.
Disasters take many forms, including 'natural' causes such as floods or storms, and 'man-made' calamities caused by human error or sabotage. Careful preparation will minimise the impact on your business, so you should act sooner rather than later.
Here are some of the areas to consider:
Remember that being prepared could make all the difference to the well-being of your staff and the long-term survival of your business. Even if the worst doesn't happen, you will reap the benefits, by reducing your vulnerability to everyday risks and improving staff confidence
If you are starting a business in the St Albans area and would like help and advice, contact Connected Accounting.
14 Jan 2022
The government has launched a consultation on the framework for rolling out the 15% global minimum tax on profits which will be payable by the largest multinationals from 2023.
13 Jan 2022
HMRC has warned that businesses must declare any coronavirus (COVID-19) support grants or payments on their company tax returns and stated that the grants and payments are taxable.
12 Jan 2022
The Treasury's decision to freeze income tax thresholds will drag over one million people into the higher rate tax band over the next four years, according to research commissioned by the Liberal Democrats.
11 Jan 2022
Research published by Nucleus Commercial Finance has revealed that over half of small and medium-sized enterprises (SMEs) in the UK are confused about the government's plans to 'level up' the country.
10 Jan 2022
HMRC's Fraud Investigation Service (FIS) has now recovered more than £1 billion from proceeds of crime and tax offenders.
07 Jan 2022
HMRC is waiving late filing and late payment penalties for self assessment taxpayers for one month.
06 Jan 2022
The British Chambers of Commerce (BCC) has warned that businesses are facing 'unprecedented cost pressures', with inflation predicted to surge.
05 Jan 2022
HMRC has revealed that 2,828 customers filed their self assessment tax return on Christmas Day, compared to 2,700 in 2020.
Get in touch with us today for a fresh perspective and a free consultation.