HSBC has launched a brand new Business Growth Grant competition. If your business has a turnover of between £100,000 and £2m and you are looking to grow and expand then this could be for you. You need to demonstrate how the grant will help you boost your business, either here in the UK or overseas. [...]
Being able to work out your cash flow is a key task that all business owners should be able to do. The up and down nature of revenue within many small businesses necessitates the planning of cash flow. Seasonal factors and one off large orders can easily give an unbalanced perception of the cash flow [...]
You may well ask the question what does a business advisor do? The answer will always vary depending on the personal knowledge of the person who is responding and at what stage they are at in their business. A simple description of the role of a business advisor might be ‘a person who translates the [...]
It must be some six years ago I first met (virtually) Emily Coltman who was at the time working for a regional firm of accountants. Emily was not long qualified but she was very interested in new technology and how this could help the smaller business, so no wonder that Emily has ended up as [...]
No one seems to be sure whether the economy has or has or not emerged from a recession. There is constant speculation as to whether the economy will go into a double dip, that is appearing to emerge from the recession and then bouncing back into recession again before taking a continued steady path towards [...]
In recent years there has been increased transparency about when government contracts are being put out for tender and what the tendering process is. As such it presents new opportunities for smaller businesses to increase their turnover. Securing a government contract can also help to create a sustainable business. The devil’s in the detail When [...]
Selling to your mum, your family or your friends is unlikely to generate sufficient revenue to keep your business running or to make you a healthy profit. It is also unlikely that they will be able to give you the critical ongoing for feedback that your business will need for survival. Recent announcements about the [...]
Does your business suffer from the ‘can’t seem to get ahead financially’ syndrome? Are your out goings larger than your income? If the answer is yes – then it is likely that you are unwittingly making some mistakes within your business. Do not worry, making mistakes is natural – we are all human. The key [...]
If you are like many small business owners struggling to survive in today’s tough economy, what you’re most hoping for this year is likely to be an increase in demand for your products and services. However, the fact is that should orders rise too quickly you might find yourself in a bit of a pickle. [...]
Customers, customers, customers, there is no getting away from how important customers are to every business. Most businesses would be more than happy to welcome as many new customers as their business could cope with. There is no doubt that having an endless stream of customers would be a dream come true for every business. [...]
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