Innovative rural manufacturing firms saw sales turnover grow by 77 per cent between 1991 and 1996, according to Innovation and New Technology in Small Rural Firms, a report by The Rural Development Commission. The study found firms increased sales because they introduced new technology and as a direct consequence created more jobs. Regular expansion into new markets.
‘Growth and survival of Small Rural Manufacturing Firms’ revealed that 87 per cent of rural manufacturing firms survived the early 1990s recession and employment increased by 17 per cent because they sought external advice and continued training staff. Firms in the agricultural machinery, electronics and food processing sectors, employing between 20 and 49 people had the highest success rate. While smaller firms of 10 to 19 employees failed to expand because they lacked specialist management skills.
Big Four firm Deloitte has announced its investment in blockchain start-up SETL as well as a partnership with VTC Group
Clients and business advisers can now connect to small businesses through a Facebook Messenger chatbot service, provided by Xero
It has been another glittering night in the accountancy calendar. A range of practices big and small, plus outstanding individuals, have been rewarded for their efforts in the British Accountancy Awards 2016
Making Tax Digital responses to the consultations expected in January 2017