Last updated on April 13th, 2015 at 02:18 pm

As  a small business director are you aware that directors and other officers of a small businesses have various duties, responsibilities and powers in connection with their position?

Usually, if they are employed by the company these are set out in a job description or terms of reference, although these may be missing if you are the sole director of your own company unless you have written them for yourself (and not many people in this position would even have thought about writing their own job description – after all, they do what ever needs doing, when ever it needs doing).

Directors can be held responsible for a range of issues including:

• health and safety
• data protection
• maintaining satisfactory accounts
• fraud
• negligence

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Last updated on April 13th, 2015 at 02:21 pm

I nearly called this blog “and the cowboys came over the hill” but decided that the actual title would be more use for small businesses in the same situation as a friend of mine.

It seems that new businesses get added to a database somewhere which is then accessible to what can only be called cowboy companies who ring up and try to get you to sign up for cheaper power. While the idea of cheaper power sounds attractive there are some things that you need to be aware of as a new small business.

Each of these companies (who have official sounding names like “Meter Registration Unit”)  will all tell you that they are not brokers and that all the others are “cowboys” while at the same time neglecting to tell you that they only want you to sign up to the power company that they represent. Continue reading →