4Networking


4Networking, which already runs in Haddington, has launched a new group which meets at the Grange on High Street, North Berwick every second Thursday morning. Each meeting runs from 8am to a sharp 10am finish.


Breakfast is provided as part of the £10 weekly cost and the remainder of the time is spent hearing about other attendees’ business, listening to a short presentation and having three one to one meetings. Visitors are welcome to test it out. If interested please see details here:


http://www.4networking.biz/ Events/Details/28178 or contact Dorothy Kellas at Lindsays on 01620 897174.


Business Bites


Internet Economy The United Kingdom has the world’s leading Internet economy and was worth an estimated £121 billion in 2010. Accounting for 8.3% of the UK’s economy, the turnover from businesses trading online is expected to grow by 11% each year until 2016 when it is estimated that it will be worth £221 billion. The report also found that SMEs revenue from the Internet has grown 12.5% for each of the last 3 years.


Card or Cash?


Nearly a third of consumers feel they have been let down by a shop not accepting payment by credit or debit card. 16% of shoppers had left a shop without making a purchase while 7% had bought less than they had planned. While the report discovered that shoppers usually carry about £20 in cash with them, the average card transaction at independent shops was £64.27.


Last Chance Saloon


Coffee Morning


Group The popular East Lothian Coffee Morning group recently celebrated their 25th meeting. The group, which is open to all local businesses and is free to attend, was developed by East Lothian Council to help de-mystify the process of marketing your business online. Held on the 3rd Friday of every month at a different venue across East Lothian the group has covered topics such as Facebook, Twitter, Search Engine Optimisation, Blogging, Online Reviews, Selling Online and many more.


If you’d like to come along to future meetings then email abryce@eastlothian.gov.uk


HMRC is giving e-marketplace sellers a limited period in which to disclose any unpaid tax at a lower penalty rate. Online traders have until 14 June to notify HMRC, and until 14 September to give details of any tax owed and arrange to make a full payment, including any interest or penalties due. Some online traders making a disclosure within this period will not face any penalty, and most will receive a penalty of no more than 10% of what they owe. Online sellers who fail to make a disclosure and are found to owe tax could receive penalties of up to 100% and even face criminal investigation.


News for Online Retailers First national body for online


businesses launched The UK's first national trade association for businesses that trade online has been launched. The British Online Retailing Association (BritORA) has been launched with the aim to develop best practice for online businesses and has additionally launched a national campaign to support the roll-out of broadband to rural areas.


New Trustmark introduced


for online retailers A new European Trustmark for online shops has been launched by the Interactive Media in Retail Group (IMRG) and online shop accreditation provider Trusted Shops. Under the scheme, approved online shops will be allowed to display the European Trustmark on their website to reassure shoppers that the website is trusted and their purchases are protected.


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News


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