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Wednesday 7 June 2023 Dublin: 10°C

# Small Firms

All time
# surprise
Business owners are not happy about the new minimum wage
The wage increased from €8.65 to €9.15 per hour last week.
# Stay Classy
Shouldn't you be at school, SMEs? How a lack of training is letting down business
Poll: What’s the best way to learn about running a business, in class or the school of hard knocks?
# Firm Proposals
Small firms want to be "back on a level playing field"
Chambers Ireland says it wants a reduction of marginal tax rates.
# Confidence
How are small businesses feeling about the next few months?
Pretty good, a survey reveals, with 48 per cent expecting the overall business environment to be ‘good’ or ‘very good’.
Ulster Bank parent company 'forced small firms to default'
A report by the British government has alleged that Royal Bank of Scotland hit healthy businesses with charges and rates that forced them to close allowing bank to seize their assets at a lower price.
# Finance
'The banks are not lending' belief is stopping SMEs applying for loans
The latest report by the ESRI says accessing finance is the third most reported problem facing small businesses in Ireland.
Three months on and small firms feel more confident about business
Results also show that 30 per cent of respondents rate the current overall business environment as ‘poor’ or ‘very poor’.
# Money Money Money
Small firms being 'strangled' by late payments - SFA
Companies are now waiting an average of 62 days to be paid, according to a survey by the Small Firms Association.
# Small Firms
€3.78 million funding to small businesses to 'create and sustain 550 jobs'
A number of County and City Enterprise Boards have been granted additional funding to meet demand.
# Recession
Over half of loan applications refused by bailed-out banks, says ISME
The quarterly bank survey has prompted an angry response from the SME sector.
# In the red
Six firms collapsed each day in the first quarter of this year - report
Half of the 31,070 companies that were stress-tested by a risk analyst firm in the first quarter of this year were deemed “high risk”.
# One Year In’s progress report for the Government: SMEs, credit for businesses
Small firms have long complained about the shortage of credit to get them up and running. How has Richard Bruton responded?
# Red Tape
EU directive will mean less 'red tape' for small business
Finance ministers adopt new rules which will allow each EU member to exempt small businesses from publishing annual accounts.
# Business
Small firms "confident" about 2012 outlook
But comprehensive enterprise and a jobs support package is needed to avoid a ‘double-dip’ recession, says the Small Firms Association.
# Small Firms
Government must do more to help small firms - SFA
Small Firms Association chairman Ian Martin will today identify three areas that government must work on to assist businesses.
# Minimum Wage
Small Firms Association criticises coalition proposal to reverse minimum wage cut
The SFA is cautiously welcoming the programme for government which is its says is “good and bad for small firms”.
# Small Firms
Confidence of small firms up in third quarter
Confidence among small firms picked up between July and September – but access to credit remains a problem.