Entelliz Limited is a company registered in England and Wales (Registration Number 4505969)
Website © 2007-09 Entelliz Limited; Images © 2007 Jupiterimages Corporation
Website © 2007-09 Entelliz Limited; Images © 2007 Jupiterimages Corporation
STOP PRESS......
Petition for SME Tax Relief
I am forwarding this petition as it should be of interest to most of you:
http://petitions.number10.gov.uk/zero-rate/
Up to 2006, the first £10,000 of a company's profits was zero-rated for Corporation Tax purposes. This band was scrapped by the then Chancellor, Rt Hon Gordon Brown and has had a major adverse effect on all companies but, in particular, small companies.
Whist the Government is 'encouraging' banks to help those companies with borrowings, what about those companies who, through prudence, have little or no borrowings? With the prospect of reduced sales turnover and increasing margins, it is desperately important for small companies to ratain what cash they can. Many, otherwise, are likely to run out of cash and go under.
The re-introduction of this zero-rate band would seem to be a simple change to the tax system, be enormously helpful to a significant number of small companies and be welcomed by the population generally as a Government-inspired idea further to support the small business community.
BUSINESS ARTICLE of the WEEK
Why China Needs to Grow Its Economy, or Risk Growing Unrest
China's leaders have long held that the economy must grow by at least 8% a year -- the minimum needed to maintain order and keep everyone employed. But given recent layoffs, factory shutdowns and the drop in world trade, 8% is going to be a difficult number to hit. What will be the consequences to the Chinese government and the Chinese people of growing unrest among the unemployed? As one expert notes: The country "can no longer rely on the model that has worked since 1978."
NEWSFLASH of the WEEK
New UK-China Intellectual Property deals to help business exploit new ideas
The UK and China have signed two ground-breaking Intellectual Property agreements as part of the summit meeting between the two countries. The agreements which cover patents and trade marks aim to encourage and make it easier for UK and Chinese business to develop products and services from new ideas and innovation.
Chinese companies now file four times more patents than five years ago. By 2012 China is forecast to become the largest patenting nation in the world. However the global patent system faces a growing crisis with huge backlogs of unprocessed applications and delays. The patents agreement, signed in the presence of Prime Ministers Wen and Brown, will 1) tackle the problem of backlogs by reducing duplication and delays in the processing of patent applications by enabling UK and Chinese examiners to make better use of each others' work and 2) promote and encourage the use and understanding of our respective Intellectual Property systems by Chinese and UK businesses.
The trade marks agreement is the first of its kind between China and the UK. It promotes cooperation between the Intellectual Property Office and the China Trade Mark Office, including the exchange of best practice and training.
MANAGEMENT TIP of the WEEK
Schedule Regular Meetings...With Yourself
As we continue venturing into uncharted economic waters, how can you keep your job on track and continue delivering your best? Schedule a weekly meeting with yourself. That's right: this is not a luxury or a joke, it is something essential.
Every week, take a quiet hour to reflect on recent critical events, like conflicts, failures, opportunities you exploited, observations of others' behavior, feedback from others, etc.. Consider how you responded, what went well, what didn't, and what might be more effective in the future. Never cancel this meeting!
EVENT of the WEEK
The Business Growth Show - Leeds
Date: 19 February 2009
Venue: 3 Albion Place, Leeds, LS1 6JL
Price: free
The Business Growth Show is a unique road show that offers visitors the opportunity to start and build on relationships with hundreds of local and national businesses. The Show features trade exhibitors, seminars and speed networking and offers an efficient and relaxed environment to meet businesses! Click here to register.
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Entelliz Weekly Newsletter - week 7, 2009