COMMENTS & CONTENTS
EDITOR’S
16
CONTENTS I am thrilled to be managing the editorial team at Publications UK on SME and Director of Finance.
Cover Story Accounting for Dragons
BBC Dragon Sarah Willingham partners XERO to guide SMEs in Making Tax Digital
18 20
26 27 24
25
How to ensure you’re scaling up successfully
Bianca Miller-Cole offers tips on the right time to scale up your business
Under Pressure Twitter’s EMEA Vice President
Bruce Daisley speaks to Zoya Malik about how bosses should lead in setting a good tempo for work-life balance to boost the creative mind and productivity
Solutions Lab
Flex your muscle with voluntary benefits
Kyle Addy guides on how to use voluntary benefits to retain talent
IP to protect online industries
Are industries forgetting to protect their Intellectual Property?
C2W promotes health and wealth
MD, Cycle Solutions Steve Edgell tells of the health benefits and cost savings from the Cycle to Work Scheme
Candidates Welcome Matthew Iveson, MD
CV Screen encourages companies to give deep information on their Careers Page to attract the right candidates
M
y focus across both print and online will be on SME growth and development across all
sectors. Funding opportunities, meeting regulatory and reporting expectations and entrepreneur growth and re-skilling are ideas that will underpin the approach to features, Q&A, industry surveys and business solution guides. An exciting area for SME magazine’s
focus is the growth of FinTech that is bringing new investors, liquidity and funding to boost a variety of exciting opportunities for start-ups. Many new fintech start-ups are providing platforms and applications in the form of RegTech, InsureTech, AgriTech and MedTech. It is interesting to track and address new tech trends that are not only providing services to the traditional banking and finance and payments sectors, but with Digital Ledger Technology (DLT/ Blockchain), there is greater scope to revolutionise all industries. And it’s happening in tandem with mobile and cloud based services, opening up a way for dynamic entrepreneurs to find innovative solutions to meet new consumer needs and user experience. A strong digitally driven economy
is a staunch idea in domacratising the playing field for many business entrants to find success; however the knock on effect of the pace of this new commercialism can also lead businesses to suffer at great cost from cyber security breaches. Every issue, SME explores issues arising from Cybercrime and Cybersecurity. This issue, on pages 22 Be CyberAware and 23 Cybercrime: Who is most at risk?, read the ills of delayed attention to cyber defences and how fraudsters target particular cadres of staff.
Making work & life balance Over April 2019, meeting government
regulatory deadlines in Making Tax Digital has been at the forefront of the minds of many SME owners and accountants. In the cover story on page 14, serial entrepreneur Sarah Willingham also a BBC Dragon, partners with Xero in guiding SMEs in navigating the challenges of transitioning their company’s culture, to filing online. SME magazine is also about
advocating good industry and company practices. There has been a lot of discussion lately on what the long-term effects can be on employee and business productivity of the stresses and strains of a work a day life. Much will be debated on this topic during Mental Health Awareness Week taking place from 13-19 May 2019. Drawing attention to many of these issues, on page 20 is my interview with Bruce Daisley, Twitter’s VP EMEA and rising celebrity of the famous podcast series, Eat Sleep Work Repeat. Read Bruce’s reflections on how some iconic company leaders are setting a bad precedence and the psychology of how longer working, dampens an innovative spirit and stifles creativity. During May, SME will also be present
at The Finance Leaders Summit and in June at Watford Expo. I would love to hear from you on
the challenges and milestones of your business and also on how your business is partnering with others to tackle problems and bring new solutions to the market. Do contact me at
zoya.malik@
publicationsuk.co.uk
Zoya Malik Managing Editor
ATTRACTING TOP TALENT
Your business website and social media
must work to attract and incentivise top talent
Summer 2019 • £4.99
BBC Dragon and serial entrepreneur Sarah Willingham partners with Xero to guide SMEs to transition into Making Tax Digital
www.smeweb.com
Accounting for Dragons!
+ SUCCESSFULLY SCALING UP Bianca Miller-Cole offers tips
on assessing right times to scale up for success
ONLINE INDUSTRIES IP TO PROTECT
With Fintech, Blockchain and UX industries emerging online, who is paying attention to IP?
CYBERCRIME AT WORK
Research tells which departments are more easily targeted and breached and steps to protect
While every care has been taken in compiling this publication, and the statements contained herein are believed to be correct, the publishers and the promoters will not accept responsibility for any inaccuracies. Reproduction of any part of this publication without permission is strictly forbidden. ©Publications UK Limited 2019. The publishers make no recommendation in respect of any of the advertisers, and no recommendation may be implied by way of the presence of their advertisements.
Published by Publications UK Limited Managing Director: Stewart Lee Managing Editor: Zoya Malik Head of Design & Production: Andy Clow Art Editor: Dan Angel Production: Angela Brown Editorial:
zoya.malik@
publicationsuk.co.uk Advertising:
sales@publicationsuk.co.uk Enquiries: +44 (0) 20 8238 5000
www.smeweb.com SME MAGAZINE 3
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