Advantages and disadvantages of Making Tax Digital:

A significant component of the UK government’s Tax Administration Strategy is Making Tax Digital (MTD). It mandates that companies and individuals use MTD-compatible software and maintain digital records in order to simplify and improve the efficiency of tax filings for both groups of people. Since April 2019, MTD has been in place for VAT; it…

How to become an AI-Driven SME: A Guide (with examples)

The business landscape is changing as a result of artificial intelligence (AI), opening up new opportunities for small and medium-sized companies (SMEs). AI can help SMEs improve their operations, create new products and services, improve customer support, and compete with larger companies in the market. However, becoming an AI-driven business is not simple. It requires…

Common Mistakes When Incorporating AI into your SME

Artificial intelligence (AI) is a game-changer for small and medium-sized enterprises (SMEs). It can assist you in automating chores, improving decision-making, personalising experiences, and innovating more quickly. However, implementing AI in your SME is more than just downloading an app or purchasing a gadget. It necessitates strategic thinking, meticulous preparation, and on-going evaluation. When incorporating…

The Future of AI for SMEs: Trends & Opportunities

AI is no longer a science-fiction fantasy for large corporations and laboratories. It is becoming more accessible and affordable for small and medium-sized companies (SMEs) across industries and sectors. AI can help small and medium-sized businesses improve their efficiency, client satisfaction, decision making, logistics, and innovation. What is AI and how can it benefit SMEs?…