Research has found that 41% of small business owners and sole traders employ family members, with 27% employing their partner.
The research also found that 17% of business owners and sole traders plan to pass their business on to a family member when they retire. However, 7% believed that their family wouldn’t want to run their business.
Following the success of the first two rounds of Dorset Council’s UK Shared Prosperity Fund (UKSPF) and Rural England Prosperity Fund (REPF) grants, the final round is now open. Businesses can apply for grants between £2,000 – £20,000, with eligible Start-ups able to apply for grants from £1,000 – £5,000.
Students and those going back to university are being warned about the top fraud types affecting young people, as new data reveals almost 69,000 reports were received from people aged between 11 and 29, losing a total of £143.7 million in 2023.
The Farming Community Network (FCN) has introduced the Greenzone Checklist, a valuable resource designed to enhance both business and personal resilience for farmers and farm businesses. This checklist assists in identifying strengths and areas where additional information or support may be beneficial.
British workers are set for better working conditions as the Government takes its first steps towards its Plan to Make Work Pay. The Deputy Prime Minister and Business Secretary convened a meeting with trade unions and business leaders in a first-of-its-kind meeting on 14 August.