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Great Annual Savings Blog
Choosing commercial property, and whether to rent or buy, is regarded as one of the most vital decisions for any company.
It’s a difficult process for all businesses, whether you’re a small SME working from home requiring space to satisfy a growing workforce, or a larger firm planning a move as the next step in your expansion plans.
So, what are the benefits and drawbacks of each? And which one is right for you?
Continue reading “Commercial Property: Renting versus Buying”
Today the Bank of England confirmed an increase in the national interest rate from 0.5% to 0.75%. Major political and economic changes are generally open to interpretation when it comes to their direct impact on businesses due to the variance in circumstances. Continue reading “How will the interest rate increase affect my business?”
We may be suffering déjà vu here. Once again the headlines are full of rising energy prices as suppliers across the industry announce hikes for 2018, leaving businesses and consumers to pick up the pieces.
As a company that monitors the price of energy on a daily basis, we can predict the long-term outlook for how much gas and electricity will cost your business. In fact, we don’t think you need to know much about the industry to be able to tell the direction prices are heading.
Continue reading “Rising energy prices: Why is my bill so high?”
So, you’ve procured the best energy rates available on the market, implemented the correct energy management procedures and trained your staff up appropriately. After all your hard work, the last thing you want is unnecessary fines imposed on you because you’ve failed to meet basic compliance standards.
But what’s the key legislation you need to watch out for to stay up-to-date as a UK business? Continue reading “How energy compliant is my business?”
If you’re a long-time subscriber to our media channels, you’ll be aware that we regularly provide you with handy tips on how to save on your business energy costs, especially when switching suppliers.
As we highlighted in a previous post, if you’ve made it through the first stages of switching successfully, it’s imperative that you manage your energy usage effectively to truly maximise the savings you’ve already made. We’ve discussed in detail the energy management procedures required, so today’s post covers an area often overlooked by firms: Improving your staff’s attitude to saving energy.
Continue reading “Energy champions: How Can They Benefit My Business?”
If you weren’t aware already, in line with the government led national upgrade scheme to improve energy efficiency, all UK businesses are required by law to have smart meters installed by 2020.
Like many, you’re probably wondering what all the fuss is about. Apart from it being the law, why do you need one? In the following piece, we’ll explore the existing methods being used, the basics of what a smart meter is and the impact it’ll have on your business. Continue reading “Why do I need a smart meter?”
An energy audit is just for big businesses, right? Wrong! It doesn’t matter what size your business is, if you’re using more energy than you need, then you’re wasting money.
Continue reading “What is an Energy Audit? And why do I need one?”
Ofgem has dealt the UK’s energy suppliers a blow by preventing them from backbilling customers for incorrectly-billed gas and electricity usage from more than 12 months ago.
This will predominantly help residential consumers, but also applies to microbusinesses.
The move will become law from May 2018 for residential/domestic customers and in November 2018 for microbusinesses.
Continue reading “Microbusinesses included in backbilling ban on energy suppliers”
In our previous blog, we outlined exactly what R&D Tax credits are and why you should care for your business.
If you’re interested in potentially making a claim, here are some handy tips to determine its likelihood of success.
So you’ve improved and grown your business. Perhaps it took some new machinery, perhaps an expansion of your premises, maybe simply a rework of your internal processes.
Continue reading “What are R&D tax credits and how can my business claim them?”