Sussex businesses shortlisted in national competition

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The Argus today announces the nine local businesses, including a video production company, a chauffeur and a café, that have made the shortlist in the Local Business Accelerators competition. The nationwide campaign, which was launched in October by regional and local newspapers across the country and backed by Prime Minister David Cameron and Dragons’ Den star Deborah Meaden, will see 1,500 firms receive £15 million of free advertising to help boost their businesses in 2012.

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How to Overhaul Your Company’s Budget

When reviewing your companys current financial situation, creating a new budget is typically a key component of being able to allocate your existing funds more appropriately. Re-evaluating your financial priorities frequently can help keep your professional spending habits in check. The following are some practical suggestions that can help you make the best use of your companys funds.

Compare your current budget to your ideal budget. There are two simple questions you need to ask yourself when considering a new budget for your company:

  1. How do you allocate your money now?
  2. How should you be allocating it?

This is typically a matter of differentiating between what you want to spend your money on versus what you need to spend your money on.

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CEO Offers Resume Reviews

The nation’s unemployment rate dipped to 8.6 percent in November, the lowest point in two-and-a-half years.

Still, some analysts believe the number of jobless fell because many of the unemployed are discouraged about being able to rejoin the workforce.

The CEO of one California company believes he can help some of those people get back to work by teaching them how to improve their resumes.

Steven Tartaglini is the chairman and chief executive of the Irvine-based Charles M. Full Post…


More in store: Paredes Line H-E-B undergoing Plus! treatment

To a certain segment of Brownsville’s population, the H-E-B grocery store at 2155 Paredes Line Road is the “Gucci B,” a nickname that reflects the higher end fare and amenities available there.

Now comes “Gucci B Plus!” — or as the company prefers it — H-E-B Plus!.

Crews have finished construction on a new parking lot and are proceeding with work on a 36,000-square-foot expansion encompassing the building’s north and south ends.

When complete, the store will cover roughly 110,000 square feet, according to Bob Tellez, H-E-B director of retail operations for the Lower Rio Grande Valley.

Tellez, relatively new to Brownsville, confessed to being unaware of the store’s nickname, but found it flattering.

Beyond the obvious fact that the H-E-B Plus! will be larger than the existing facility, which was erected 14 years ago, the offerings will differ from traditional H-E-Bs, he said.

“You’ll have an entertainment department and you’ll see an expanded selection of general merchandise, as well as expanded offerings on the food side,” he said. “This store h

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Deadine looms for businesses that have failed to register for VAT

Businesses that have reached the annual turnover threshold for VAT registration, which is £73,000 for the 2011/12 financial year, but have failed to register with HM Revenue & Customs (HMRC) must act quickly if they want the opportunity to limit hefty fines.

Such businesses have until 31 December, 2011 to register for VAT under HMRC’s VAT Initiative campaign.

The VAT Initiative, which HMRC launched earlier this year, offers VAT rule-breakers lower fines and a special plan to rectify their failure to comply with VAT rules.

HMRC identifying businesses failing to comply with VAT rules

HMRC is currently identifying businesses that have so far failed to come forward. The firms it contacts will be subject to substantially higher penalties and may even face criminal prosecution for their failure to register for VAT.

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NFIB study: Top barriers to growth

WASHINGTON, D.C., Nov. 22, 2011 — A new study examining impediments to growth in the small-business sector reveals that 72 percent of small-business owners would like to expand by adding employees within the next five years, but various impediments are currently standing in their way.

According to Growth – External Factors, a report prepared by the National Federation of Independent Business (NFIB) Research Foundation, uncertainty and weak sales are the two primary impediments to small-business growth.

“There is no question that small businesses are responsible for a significant portion of the job creation in our economy,” said William J. Dennis, report author and senior fellow at the NFIB Research Foundation. “Their growth and success is often contingent upon a litany of factors beyond their control – but within the purview of policy-makers in Washington. Impediments to growth may not be easily overcome, but if we are ever to bridge the gap between desired and actual growth, government officials must look at the problems small businesses face. Understandi

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