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CJRS Update – clarity for company directors
The government has updated the rules of the Coronavirus Job Retention Scheme. The underlying rules of the scheme are unchanged: You can claim 80% of the wages of furloughed employees up to a cap of £2,500 per employee per month, plus employer’s NI and...
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CBILS Update – the Chancellor has listened
Finally, there is some good news for SME business owners. It’s been two weeks since Chancellor Rishi Sunak announced CBILS, the Coronavirus Business Interruption Loan Scheme, and SME business owners are getting scared. The government said the money would be...
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Big Temporary Changes to Insolvency Law and Wrongful Trading Announced
Yesterday, Alok Sharma, the Secretary of State for Business, Energy and Industrial Strategy gave the government’s daily briefing to the press. Among other things, he announced that there would be a temporary relaxation to insolvency laws, designed to give company...
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An Open Letter to Chancellor Rishi Sunak
This is an open letter I've just posted to the Chancellor to try and redress the gaping hole that entrepreneurs and self-employed people find themselves in. Dear Chancellor, The actions that you and the government have taken to protect the...
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The Coronavirus Job Retention Scheme in plain English
At last, HMRC has published guidelines on the operation of the Coronavirus Job Retention Scheme (CJRS). Here they are, translated into plain English. Who qualifies? Any UK organisation that is registered with HMRC for PAYE and had employee(s) on the...
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The Chancellor giveth, and the Chancellor taketh away
Help for the self-employed? Not if you’re doing well. I have to say that I’m very worried by the Chancellor’s announcements this evening. Rishi Sunak opened his presentation saying that the self-employed would get a similar deal to employees who are furloughed...
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The Coronavirus Business Interruption Loan Scheme (CBILS) is now live
The scheme announced by the Chancellor last Wednesday has now gone live, and there are more than 40 accredited lenders - including all the main high street banks - who offer CBILS. It is strongly recommended that you initially approach your existing bank(s)....
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UK Governments Support for SME Businesses
There have been some big announcements this week from the UK Government about support for businesses affected by Covid19. Not all of the details have been made available, but I wanted to write to you setting out what I have interpreted from the announcements...
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10 Book Cover Challenge
Recently, I was challenged by a friend to post the covers of 10 books that greatly influenced my leadership and business. One book per day, for ten consecutive days. No explanations, no reviews, just book covers. It was really fun to do, and several people have...
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Giving Thanks
Over the last few weeks, I’ve been delighted to share some excerpts from my upcoming book with you. In writing these posts, I’ve been struck by the wide range of influences I’ve had, and of the transformative power of other people’s work. Most of all, however,...
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Balancing Life’s Dichotomies
At Add then Multiply we're big believers of a work-life balance, navigating our dichotomies, and knowing when to switch off and when to switch on as an entrepreneur. With this in mind, David recently joined a podcast session with Mike Reid, the Co-Founder of...
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A Book for and in Celebration of Entrepreneurs: Part II
‘If you want to glide toward money, you have to make sure your message is clear as a bell, and you need to ensure that you have a unified team capable of communicating it.’ -Alejandro Cremades, Founder of crowdfunding platform Rock the Post/Onevest and...
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A book for and in Celebration of Entrepreneurs: Part I
As promised, this week I share more of the contents of Add then Multiply: How Changing the Rules Unlocks Exponential Business Growth, with you. Writing this post, which is a summary of what you will find in my upcoming book, I’ve been struck by the wide range...
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Oh the Places We’ll Go!
“The more that you read, the more things you will know. The more that you learn, the more places you’ll go.” – Dr Seuss This quote by Dr Seuss perfectly sums up the journey I’ve had in writing my book, for it has granted me access to places and...
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New Beginnings
Spring has officially sprung! And despite the unreliable weather, we’re feeling truly inspired this week. In a season of opportunity and new beginnings, entrepreneurs thrive. In that vein, this week we pass the blog back to David to share some exciting news… ...
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Entrepreneur’s Book Club: 3 Picks for Spring
As Spring approaches and the days lengthen, our daily dose of inspiration seems to have an even greater impact. Bearing this in mind, this week we share our top three reads for spring, in the hope that it will help whatever entrepreneurial dream you are having become...
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The Infinite Game: Change the Way You Lead
This week, the blog remains in David’s capable hands as he shares some of the insight and inspiration he gained from seeing Simon Sinek live. I’ve always been a huge fan of Simon Sinek. The fact that he’s been referenced several times on the blog is just...
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Entrepreneur’s Book Club: Super Coach by Michael Neill
This week, we hand the book club over to David to share one of his favourite reads from 2018! I’ve long been a fan of Michael Neill and reading his seminal text: The Inside-Out Revolution, really changed the way I think about both my business and...
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Entrepreneurs and the Environment: 3 Quick Fixes That Will Reduce Your Impact
All businesses must comply with certain environmental regulations, however if you are based in an office the requirements are minimal. That being said, as creators and innovators, we believe that entrepreneurs are responsible for doing more than just the...
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The Link Between Recognition and Retention
As entrepreneurs, you’ll know the value of your workforce. As your company grows, it is likely that you’ll need to take on more staff. This is an exciting step, but also means you’ll need excellent employees. Ones you can trust to keep your company running. And...
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