Michael Reid, managing partner at Meston Reid & Co, passes on advice on what to look for when things are not going well in business. Whilst it is easy to say that the lack of cash to finance ongoing trading is the main reason given for many business failures, a number of operational aspects begi
Brian McMurray, head of technology and a business advisory group partner at AAB, discusses the growing investment opportunities available to technolgy firms. The technology deals market has remained active throughout the pandemic, making the most of business that could be done virtually – but
With the bidding process closing today, Sheelagh Cooley, real estate partner in the Edinburgh office of law firm Shoosmiths, considers the benefits and potential challenges ahead for the operators of Scotland’s Green Freeports. It has been well publicised that the Scottish Government is curren
Colin Millar, corporate partner at Wright, Johnston & Mackenzie LLP (WJM), highlights some of the potential pitfalls and shortcomings of crowdfunding that can often be overlooked. Rock band Marillion, fronted by Dalkeith’s own Derek Dick aka Fish, is often somewhat unexpectedly c
Martin Ewan discusses the oil price boom and the potential consequences for the north east of Scotland.
Stuart Clark, managing director at Russell & Russell Business Advisers, offers advice to employers who want to offer staff a helping hand with ever-increasing living costs. These are hard times all round. Particularly for the generations who have never experienced the inflationary chaos late las
Paul Reeves, managing director at restructuring advisory Kroll, discusses the intricacies of pre-pack administrations. Ever since the administration process became the key business rescue process over two decades ago, the pre-pack administration has suffered a tarnished reputation. Legislation has i
Tom Stocker, partner and sanctions expert at Pinsent Masons, discusses the implications for businesses that comply with sanctions on Russian trade. Despite successive rounds of UK, EU and US sanctions ratcheting up the pressure on Putin’s government and a further round of sanctions being immin
Betsy Williamson, founder of Core-Asset Consulting, shares her views on the recent Queen's Speech - in which the long-promised Employment Bill was absent. The recent Queen’s Speech, historic in its own right with the absence of Her Majesty at the State Opening of Parliament for the first time
Kevin Hollister, founder of Glasgow-based pensions calculator Guiide, discusses how to close the ever expanding pensions advice gap. There is so much talk about the advice gap around pensions but to date, there has been little action to bridge it. What can actually be done to help close the gap?
Angus Wood, partner at BTO, discusses the details surrounding the assignation of claims in an insolvency case. The recent Court of Appeal decision in Lock v Stanley has provided some comfort to Insolvency Practitioners and litigation funders in relation to potential challenges to assignations of cla
Last week, Scottish Financial News reported that Big Four firm PwC is offering shorter working hours on a Friday over the summer. Chris Phillips, employment law partner at Thorntons Solicitors comments. The idea of shortening or flexing hours for staff over the summer is great in principle and, as l
Thomas Gillan, chief financial officer of payment orchestration platform BR-DGE, recently returned from Startup Grind, a two-day conference in Silicon Valley, as part of a delegation of 20 Scottish entrepreneurs. He reflects on discussions with industry leaders and resulting insights that every Scot
Michael Reid, managing partner at Aberdeen-based chartered accountancy practice Meston Reid & Co, discusses the utilisation of bounce-back-loans for unintended purposes. Much has been reported in the media over the past few months about a company obtaining a bounce-back loan and the directors no
Stuart Clark: As the accountancy market contracts, there are opportunities for smaller firms with a futuristic eye
Stuart Clark, managing director at Russell & Russell Business Advisers, discusses consolidation in the accountancy industry and where smaller firms fit and can grow. The pitiless logic of business dictates that big is better, that scalability is the ultimate goal and that survival depends on rel