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 [...]
You may have noticed that the birth and naming of one particular baby girl has made news headlines. One reason being for whom her parents are, the other because of the interesting choice of names that they have chosen for their daughter. In a similar scenario many a business owner will have to go through [...]
As from the 1st July 2011 the UK introduced a reform to its current Anti-Bribery Act. Naturally with any new legislation there is a need to ensure that your business is able to comply with new regulations. A grace period of two months has been afforded to businesses to ensure that they do not fall [...]
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 [...]
It is estimated that about £400 million is left unclaimed from the Small Business Rate Relief scheme (SBRR) each year. That is a lot of money that could make a significant difference to small businesses each year. It is likely that a lack of awareness of what small businesses can or cannot claim has led [...]
Online businesses are now a common feature of the 21st century world of commerce and socialisation. For some a virtual online presence is far more advantageous than a physical shop front or office. For instance, it can be cheaper and more accessible than a physical shop front. For many the use of the internet to [...]
Working seven days a week and ten hours a day is the norm for some business owners. Naturally as the owners of the business they want to see the business succeed. As such they put in whatever time is considered necessary to help the business flourish. On one side of the coin working long hours [...]
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. [...]
If you are one of the many who are facing redundancy or have just been made redundant then you may be considering starting your own business. It is fairly normal when starting a new company or business, to ask for some financial assistance in the form of small business loans. Some current business owners or [...]
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