News
Small firms lack trust in energy suppliers, research shows
Ingenious Britain found that firms have less faith in energy firms than they do banks.
Research by Ingenious Britain revealed that only 28 per cent of firms have faith in their energy supplier - fewer than those who trust their banks and lawyers.
This change of mood is likely to see more switching providers in the coming months as they look to reduce their costs.
Jonathan Elliott, managing director of price comparison website MakeItCheaper.com, explained that more firms will vote with their feet instead of seeing the launch of lawsuits.
"The 53 per cent of businesses looking to switch in 2013 is higher than the 46 per cent that the regulator, Ofgem, has reported to have ever switched and so it looks like this will be the year that hard-pressed SMEs finally get even with their suppliers," he said.
It comes after R3 revealed that 37 per cent of small businesses are expecting to post lower profits in the near future, suggesting many will be looking for ways to cut costs in the months to come.
Posted by Thomas Fletcher
Date published 15 Jan 2013 | Last updated 15 Jan 2013
Choose the right accounting firm for you
Running your own business can be challenging so why not let TaxAssist Accountants manage your tax, accounting, bookkeeping and payroll needs? If you are not receiving the service you deserve from your accountant, then perhaps it’s time to make the switch?
Local business focus
We specialise in supporting independent businesses and work with 100,000 clients. Each TaxAssist Accountant runs their own business, and are passionate about supporting you.
Come and meet us
We enjoy talking to business owners and self-employed professionals who are looking to get the most out of their accountant. You can visit us at any of our 409 locations, meet with us online through video call software, or talk to us by telephone.
Switching is simple
Changing accountants is easier than you might think. There are no tax implications and you can switch at any time in the year and our team will guide you through the process for a smooth transition.