SME’s, Hats and why AE in a Box might ease the automatic enrolment challenge

If you run a small and micro business, or work with businesses of this kind, it’s likely you know one thing about the hundreds of thousands of business owners who run these kind of organisations all over the world…

Small Business owners wear a lot of ‘hats’.

You see as we know small business owners are responsible for so much. They’re responsible for sales. For marketing. For the day to day running of their business.

They’re also responsible for ensuring that as businesses they comply with the relevant regulation which comes as part of managing a business.

In the UK, as many of you know, this now means complying with automatic enrolment regulation.

Like any other challenge that small business owners face they’ve got a number of options in order to comply successfully.

They can perform the tasks in order to ‘get the job’ done.

They can delegate it to another member of their team (assuming that if they need to comply with automatic enrolment they employ and therefore have other people in their team they can delegate to)

or

They can engage with a professional to help them, guide them through the process and take the problem away.

All of these options are entirely valid ways of complying with auto enrolment regulation however it’s also important to understand something we’ve learned whilst working with smaller employers…

Whilst it’s possible for small business owners to comply with automatic enrolment successfully it’s also a particularly specialist area of advice where many small employers either misunderstand certain aspects of what they need to do….or get it wrong.

Our experience that the errors some employers make aren’t intentional. Most employers want to comply.

However if your a small business owner is plumbing,plastering or painting it’s highly unlikely you’re going to be an expert in pensions (or complying with automatic enrolment).

This is why we recommend employers do one of two things…

Firstly, if employers can afford it and have the willingness to pay, get professional help to solve this problem.

A consultant with loads of experience in this marketplace will be able to guide you through the process of automatic enrolment compliance step by step.

However the reality is that for many small employers paying a professional might be out of their price range…

However help is still at hand in a variety of forms…

One of those forms is AE in a Box…a set of tools which at it’s core includes a bespoke project management tool designed to empower employers to comply with automatic enrolment regulation successfully.

You see I believe Small and micro business owners have enough challenges in their lives.

From sales, to marketing, to business management, to compliance, to strategy, to growth….and many more.

AE in a Box is designed to provide bespoke support ensuring that automatic enrolment is a challenge easily solved.

 

 

 

 

Author

Chris Daems

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