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Business development

Deflation reduces small business costs

The cost of operating a small firm has dropped as deflation replaces inflation during the deepening of the economic downturn.

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Smaller businesses experience increase in late payments

Small firms have seen a rise of 40 per cent in late payments, adding to the woes of the economic downturn.

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Chancellor urged to delay date set for VAT increase

The British Retail Consortium (BRC) has said that the planned date for the restoration of the old rate of VAT will come at the worst possible time for businesses.

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Business recovery plan launched by BCC

The British Chambers of Commerce (BCC) has published its strategy for helping businesses recover from the recession.

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Wage subsidies could help employers save 'thousands of jobs'

The government is being urged to set up a wage subsidy scheme in order to help hard-pressed employers weather the economic downturn.

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Small firms’ loan scheme 'making a difference'

Lord Mandelson, the Business Secretary, has said that more than £1 million worth of loans are being made each day to small businesses as a result of a government guarantee scheme.

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Customer Relationship Management

Developing a strong relationship with its existing customers is vital for every business during the recession.

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The business of networking

How networking can help secure new business.

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Keeping talented staff 'important' during the downturn

Retaining talented employees is still a priority for many firms, despite the pressures of the economic downturn.

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