Startups and SMEs face many challenges - make sure you know how to overcome them by exploring our blogs for the latest news and insights across a range of accountancy and legal topics.
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- Accountancy Best Practice
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- Corporate Strategy
- EMI Share Option Scheme
- ESG Compliance
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- Fundraising Strategy
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- Intellectual Property
- Merger and Acquisition
- NFTs and Digital Trading
- R&D Tax Credits
- Startups & SME Advice
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- UK Subsidiary
New R&D Tax Credit Cap – April 2021
As part of the forthcoming Finance Bill 2021, HMRC have announced a cap on the amount that a loss-making SME can receive in R&D tax credits to stop abuse of the scheme.
The Value of Business Diagnostics
For many SMEs, a constraint on growth is the difficulty for its key decision makers to prioritise their daily workload into those areas which have the most significant impact on growth. Owners often spread themselves too thinly across every aspect of the business, forgetting the key areas which create the greatest output. This can be resolved by the application of something known as the Pareto principle, which asserts that 80% of outputs can be derived from 20% of all causes or inputs.
The Art of The Pitch Deck to Raise Investment
In the majority of startup journeys, pitch decks are going to feature. The stage of the business may vary, but at some point, founders will encounter the need to raise investment. This could occur early - as soon as you have a minimum viable product or, when your business is more mature and needs to take advantage of an opportunity to scale.
Achieving an Exit in an Owner / Operated Business
Many founders start businesses with a long-term goal of achieving a financially rewarding exit. It's the motivation that often sustains owner-operators through the most challenging troughs and maintains focus on the continued development of the business during the energising peaks.
Coronavirus Job Retention Scheme Updates
The Chancellor Rishi Sunak, announced that the Coronavirus Job Retention Scheme will remain open until 31 March 2021. Here, Dragon Argent assess what the latest announcements mean and how they might impact your business.
Job Support Scheme Amendments
Last week the Chancellor announced amendments to the Job Support Scheme, which was itself replacing the Coronavirus Job Retention Scheme and comes into effect on November 1st. These amendments have been designed to increase support for businesses and workers. The government say the Plan for Jobs will significantly increase protection of livelihoods and jobs across the UK through the winter.
Three Ways to Prepare for Brexit
The UK's post-Brexit transition period ends in January 2021. The deadline for agreeing a deal with the EU is December and with little progress apparent in negotiations, small business owners and SMEs could understandably be concerned. Here we provide some practical advice on what small businesses should be doing to prepare in three key areas.
Why Startups Fail
The technology analysts CB Insights have curated some amazingly valuable information over the last 6 years looking at why startups fail. In this time, they have conducted over 350 investigations into startups that failed, identifying the most common reasons.
Tax Relief on Working from Home
For obvious reasons, the way we work has changed over the course of 2020. What initially felt like a temporary, enforced adjustment has become a fundamental shift with businesses committing longer term to a more flexible approach to office-based working. There are specific tax relief implications that a material shift from office-based working may result in for employees or salaried directors. Here, Dragon Argent assess the tax relief benefits of working remotely.
Job Support Scheme Summary
Last week, the Government announced the introduction of the Job Support Scheme, which replaces the Coronavirus Job Retention Scheme and is designed to protect viable jobs in businesses who are facing lower demand over the winter months due to Covid-19. The scheme will open on 1 November 2020 and run for 6 months.
Redundancy Planning Webinar
With UK government support in the shape of the Coronavirus Job Retention Scheme (CJRS) in the final stages of being tapered off, the ability for employers to furlough staff ends on October 31st. For some employers this will lead to difficult redundancy decisions, which, if handled incorrectly, could open them up to litigation in the future. This webinar discussion will provide employers with some clear advice on how to manage redundancy processes.
The Lean Startup
Dragon Argent explore the core principles of the Lean Startup - a methodology for developing businesses and products that aims to shorten product development cycles and rapidly discover if a proposed business model is viable.
Building a Best in Class Go-To-Market Strategy
Following a recent newsletter looking at developing product-market fit, this week Dragon Argent look at the importance of developing a GTM strategy in building a successful enterprise
Creating Enterprise Value in Startups
Dragon Argent look at the benefit of building Enterprise Value (EV), regardless of an entrepreneur’s timeline or intent to sell, and how this can serve to both enhance and qualify a valuation when the time comes to raise investment or plan an exit
ESG Factors Drive Shareholder Value
Dragon Argent look at the impact of environmental, social and governance factors on shareholder value
The Importance of Product-Market Fit for Startups
A common pitfall for many startups is failing to ensure they have an appropriate product-market fit. Dragon Argent look at the importance of product-market fit in the startup world and how establishing this will often be the key to securing investment and scale
The Return of Deal Making
Dragon Argent look at why conditions for mergers and acquisitions are currently very favourable and how these conditions could present an opportunity for risk aware, not risk adverse leaders
Looking to Raise?
You might be wondering - is now a good time to be thinking about your next round of funding? Dragon Argent take a brief look at funding conditions in the wake of COVID-19
Furlough Scheme Tapering and How It Impacts Your Business
If your business has been using the Coronavirus Job Retention Scheme (CJRS) to furlough staff in recent months, are you aware of and prepared for its planned tapering?
Outsourced Strategic & CFO Services
Employing a Chief Commercial Officer or a Chief Financial Officer is a plan for the future for many small businesses, but this does not mean that they are unable to access one in the short term. This is where Dragon Argent can help. We have qualified and highly experienced resource available for your use to help formulate strategic decisions, both financially, and commercially.