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	<title>SmallBizPod - small business news &#187; Bibby</title>
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		<title>&#8216;Spouse Power&#8217; the secret small business support system</title>
		<link>http://www.smallbizpod.co.uk/news/2008/spouse-power-the-secret-small-business-support-system/</link>
		<comments>http://www.smallbizpod.co.uk/news/2008/spouse-power-the-secret-small-business-support-system/#comments</comments>
		<pubDate>Wed, 12 Nov 2008 15:28:53 +0000</pubDate>
		<dc:creator>News Desk</dc:creator>
				<category><![CDATA[Statistics]]></category>
		<category><![CDATA[Bibby]]></category>
		<category><![CDATA[SME support]]></category>

		<guid isPermaLink="false">http://www.smallbizpod.co.uk/news/?p=565</guid>
		<description><![CDATA[Partners in profit - how unpaid, unseen workforce of spouses keeps many small businesses afloat.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.smallbizpod.co.uk/news/wp-content/uploads/weddingdress.jpg"><img class="alignleft size-thumbnail wp-image-567" style="margin-right: 10px;" title="weddingdress" src="http://www.smallbizpod.co.uk/news/wp-content/uploads/weddingdress-100x100.jpg" alt="Spouse power supports british small business" width="100" height="100" /></a>Spouses and partners are wedded to their loved one&#8217;s business and account for 230 million unpaid hours a month according to research released today by Bibby Financial Services.<span id="more-565"></span></p>
<p>The survey found that 68% of spouses regularly worked for their partners business unpaid and a staggering 18% worked five days a week for no pay.</p>
<p>All this unpaid and until now unrecognised work is incredibly valuable to small businesses, particularly when the economic climate is tough. It does raise some interesting questions, however, about the real viability of some of these businesses.</p>
<p>Most of the support provided by partners takes the form of administrative tasks (41%) or book-keeping (29%).  Nevertheless nearly half (46%) say they regularly provide management and consulting advice too and one in four say the original idea for the business was theirs.</p>
<p>For some a monetary transaction does take place with 34% having taken some form of payment for their endeavours.</p>
<p>The research is released as Bibby Financial services launches a site which follows the fortunes of three real business owners at <a href="http://www.live-business.co.uk">www.live-business.co.uk</a>.</p>
<p>[Picture credit: <a href="http://www.flickr.com/photos/dunikowski/">Lukasz Dunikowski </a>@ Flickr]</p>
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		<title>Minimum Wage &#8211; UK SMEs Face Admin Burden</title>
		<link>http://www.smallbizpod.co.uk/news/2007/minimum-wage-uk-smes-face-admin-burden/</link>
		<comments>http://www.smallbizpod.co.uk/news/2007/minimum-wage-uk-smes-face-admin-burden/#comments</comments>
		<pubDate>Thu, 04 Oct 2007 12:40:58 +0000</pubDate>
		<dc:creator>News Desk</dc:creator>
				<category><![CDATA[News Feed]]></category>
		<category><![CDATA[Bibby]]></category>
		<category><![CDATA[minimum wage]]></category>

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		<description><![CDATA[October minimum wage rise puts admin strain on small firms says Bibby.]]></description>
			<content:encoded><![CDATA[<p>This week sees the introduction of the new minimum wage rate which rises 17p to £5.52 an hour for workers over the age of 21. Increases of 16p and 10p are also&nbsp;brought in for workers between the ages of 18-21 and 16-17 respectively.</p>
<p><span id="more-23"></span></p>
<p>This change is relatively small and has gone without comment from normally vocal groups representing small businesses. At the&nbsp;beginning of the year, for example, the Federation of Small Businesses warned that:</p>
<blockquote>
<p>Inflation-busting increases in the NMW are beginning to hit some small businesses hard.</p>
</blockquote>
<p>This week, however, Bibby Financial Services claimed that these changes would continue to pose an administrative headache (as much as a directly financial one) for small firms managing their own payroll.</p>
<p>To add the flurry of administrative changes heralded by October, the statutory minimum holiday entitlement has also increased from the first of the month.&nbsp; Employees are now entitled to an additional 0.8 weeks of holiday entitlement which now stands at 4.8 weeks.&nbsp; How do you measure 0.8 weeks, incidentally?</p>
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