Pro Installer November 2013 - Issue 08 | Page 55

55 PRO INSTALLER NOVEMBER 2013 PRO BUSINESS @proinstaller1 More new faces to service success Finance schemes ‘must be simplified’ Northern Ireland-based manufacturer, Apeer doors, has announced two further key appointments in the latest phase of a recruitment drive to service its booming order book. Finance schemes designed to help construction SMEs need to be simplified if they are to aid the economic recovery, warns the Federation of Master Builders (FMB) in response to a National Audit Office (NAO) report that criticises the Government for its confused approach towards business funding. tion SMEs because the banks remain reluctant to lend to them. Construction companies need to able to secure financing to grow their business in line with demand, which is why it is so important to remove any barriers that prevent this from happening. Brian Berry, Chief Executive of the FMB, said: “Initiatives such as Funding for Lending and the recently launched Business Bank, designed to make financing more accessible for small businesses, are failing to help construc- “Many small business owners are confused about which finance schemes they can access. Unless the Government acts now to unify and simplify the schemes on offer, as well as stamp out discrimination against building firms applying for They are production managers Irene Wilson (day shift) and Trevor Peacock (night shift) who will both work at the company’s Ballymena manufacturing facility. The company revealed this summer that it was gearing up to double production capacity following a surge of orders. And last month Apeer MD, Asa McGillian, said he would be taking on an additional 40 to 60 new staff over the next six months. Irene Wilson has spent her working life in production and joins Apeer after 12 years as production manager for a PVC window and door company. She said: “When the chance came along to join Apeer as one of two new production managers I couldn’t resist the challenge given all the fresh ideas and busy order book.” Trevor Peacock has also earned his stripes in managerial roles. More recent roles have been as a team leader and shift manager. Said Trevor, “It’s a very exciting time to be joining the company and I look forward to helping Apeer grow even stronger in 2014.” Tel: 028 2563 2200 Fax: 028 2565 9334 email: [email protected] www.apeer.co.uk Data payment crackdown A new crackdown on tax evasion will make information on all credit and debit card payments to UK businesses available to HMRC for the first time. Under new powers, HMRC can now access information from the UK’s merchant acquirers – the companies that process card payment transactions – to find out the number and value of transactions completed by a specific trader. No personal data identifying the card owners or card numbers will be obtained, but this data will be used to ensure that traders have correctly accounted for all taxes ‘This information could reduce fraud by over £50 million per annum’ due – levelling the playing field for all businesses. Announced in the same week as it launches a tax evasion advertising campaign, HMRC estimates that this information could reduce fraud by over £50 million per annum. Tax evasion and the hidden economy cost the taxpayer £9 billion a year. The Government has given HMRC nearly £1 billion to tackle fraud and evasion, and these new powers give HMRC an extra tool to ensure a level playing field between businesses, and also reduce opportunities for those who try and cheat the system. Legislation was introduced in the Finance Act 2013 allowing HMRC access to merchant acquirer data. The legislation came into effect on 1 September 2013. ‘Unify & simplify’ the loans and overdrafts they need to buy materials, hire plant or take on extra staff, then the opportunities presented by the improving economic conditions will be lost.” Inspiring the next generation The Federation of Small Businesses (FSB) has chosen Young Enterprise as its official charity to inspire the next generation of entrepreneurs and to bridge the skills gap between young people and business. Young Enterprise research finds nine in 10 (92%) of senior UK managers would like enterprise education to be included in the national curriculum to help reduce the toll of one million young unemployed. The FSB wants to see more schools involved with local businesses and focusing on enterprise education for their students. The FSB is working with Young Enterprise to help them reach their target of being in 50 per cent of all secondary schools by 2015. ‘Employability skills’ Together the FSB and Young Enterprise will help to make young people more aware of the business world and its valuable contribution to the economy. Furthermore, the partnership aims to improve the employability skills of young people, something businesses say is needed. HOME BUSINESS ENTREPRENEURS’ JUGGLE-STRUGGLE After surveying its members, iHubbub, Britain’s fastest social networking community for home-business entrepreneurs, found that most people starting up a business struggle with a number of vital requirements for their home office. Generally 35% of the people surveyed said that they worked from their spare bedroom with 17% having their own study. Up to 12% worked in their bedroom, all of which shows a fierce determination to start up their own business. 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