Smes

If at First You Don't Succeed...

Paul Marshall | Posted 19.08.2014 | UK
Paul Marshall

Never mind that 20% of small ventures go under in the first year and 50% don't make it past their third birthday. This is presuming the owners of said companies haven't smoked or drunk themselves into an early grave before then, thanks to the gigantic amount of stress involved.

Rewiring the Channels of Finance Will Ignite Britain's 'Mittelstand'

Rhydian Lewis | Posted 29.07.2014 | UK
Rhydian Lewis

Excuse me if I'm stating the obvious but the banking system designed to lend to the beating heart of Britain's economy is clearly broken. The large banks have been beating the drum that they are 'open for SME business,' but the numbers coming from the industry show the exact opposite.

Over 3.2million UK SMEs Are Ignoring Mobile - And Will Lose Over £50bn in the Next 12 Months

Daniele Pelleri | Posted 11.07.2014 | UK
Daniele Pelleri

There are about 4.9 million small and medium enterprises (SMEs) in the UK: a huge and lively ecosystem corresponding to 99.9 % of private sector busin...

This Young Entrepreneur Just Raised $6 Million, Will Her Business Clean Up?

The Huffington Post UK | Asa Bennett | Posted 29.05.2014 | UK Universities & Education

Cleaning is a hassle isn't it? It's not easy, let alone affordable, to hire someone to do the job for you, but for those who can spare the expense, a ...

Asa Bennett

This Young Chap Sold His First Business At 15, What's He Up To Now?

HuffingtonPost.com | Asa Bennett | Posted 16.05.2014 | UK Universities & Education

Some have business ideas young, but Andrew Dewar had already built up and sold his business by the age of 15 - a social network he set up two years ag...

The Funding of Micro-Businesses: Cinderella Can Go to the Ball

Sir Michael Snyder | Posted 30.06.2014 | UK
Sir Michael Snyder

The new £5 million Fund will provide loans to over 270 enterprises in London. The aim is to provide micro-finance to disadvantaged groups in London's deprived areas, helping small-scale entrepreneurs to get their projects off the ground.

Hiring Your First Employee

James Caan | Posted 27.05.2014 | UK
James Caan

There are many important decisions SME owners have to take in the early stages of their business, and one of the most important is making that first hire. Depending on the individual company, this could be done immediately, within a few months, or even a year after starting up. There is no singular approach, but it must be the right decision at the right time. The key question to ask yourself is whether you can justify making a new hire, in terms of cost and workload. I experienced this when I started my first recruitment business - it was four months before I had enough money in the bank to be able to take someone on.

Bank Financing Isn't the Be All and End All for Your Start Up

Nick Tolley | Posted 25.05.2014 | UK
Nick Tolley

Britain is renowned for its innovative and entrepreneurial spirit. More businesses start up here than anywhere else in Europe and encouraging enterprise has long been a top priority for the UK government.

The Budget: Let's Look to the Future Makers - the Makers of Ideas

Caroline Norbury | Posted 20.05.2014 | UK Politics
Caroline Norbury

While creativity is thriving in the UK, many businesses struggle to make the step from executing successful projects to becoming fully-fledged, sustainable creative businesses. Investing and lending to many creative businesses is still a minority activity, but that may change as a result of some of the measures George Osborne introduced.

Reduce Diesel Duty to Fuel Economic Recovery

Charlie Mullins | Posted 13.05.2014 | UK Politics
Charlie Mullins

Next week George Osborne will announce his budget plans, and with the recovery gaining momentum I'm expecting great things. However, if we want to reap the benefits, provisions need to be made for the SMEs who pulled this country through the recession, starting with a targeted cut to the duty on diesel fuel.

It's Much Harder to Set Up a Successful Small Business Than Become a Politician

Simon Danczuk | Posted 28.04.2014 | UK Politics
Simon Danczuk

Today the Commons will debate diversity in Parliament. We all know an effective democracy is one that represents all walks of life. Small businessmen and women are the lifeblood of every community. But there are far too few of them in politics.

The Big Benefits of Working for a Small Business

James Caan | Posted 28.04.2014 | UK
James Caan

I am a firm believer that there is no more exciting place to work than a new and developing firm. If you are somebody who enjoys a challenge and are capable of adapting, moving to an SME can be a terrific opportunity at any stage of your career.

The Rise of the Entrepreneur

Doug Richard | Posted 21.04.2014 | UK
Doug Richard

Entrepreneurs across the country are playing a vital role in driving the UK's economic recovery. Out of the mess caused by the worst financial crisis in living memory, Britain has found itself a new identity as the land of the startup.

Turning to the Bank of Friends & Family to Fund Your Start-up

Xenios Thrasyvoulou | Posted 16.04.2014 | UK
Xenios Thrasyvoulou

In the last year alone one in five small business owners has turned to the bank of 'friends and family' for start-up capital, and almost three quarters launched their new business ventures with working capital of £2,000 or less.

Convert Empty Garages Into Affordable Studios and Workshops for Start-Ups

Steve O'Connell | Posted 18.03.2014 | UK Politics
Steve O'Connell

Thousands of garages are estimated to be lying empty in London alone. My report, From Lock Up to Start Up has identified 3,275 empty garages owned between just ten housing associations across the Capital. Converting some of these empty garages into basic standard, affordable studios, workshops and commercial space could provide the much needed affordable space that London's start-ups and micro businesses so desperately need.

British Businesses Are Hoarding Billions That Could Be Invested in SMEs

Mark Mills | Posted 04.03.2014 | UK
Mark Mills

According to recent figures from the ONS UK Economic Accounts over £334billionn is currently being hoarded by British businesses. This staggering amount of money is effectively laying dormant in the bank accounts of major corporations, rather than being invested in British businesses and SMEs.

Time for SMEs to Switch on Small Business Saturday

Adrian Kamellard | Posted 10.02.2014 | UK
Adrian Kamellard

The significantly increased talk in recent years about how small businesses are the lifeblood of the economy has surprised me. It is as if the recessionary years suddenly made this so and they were somehow not the very same lifeblood before.

2014 - An Exciting Year Ahead for Entrepreneurs?

Elizabeth Assaf | Posted 10.02.2014 | UK
Elizabeth Assaf

A recurring theme in the rest of the talks was 'Taking Action' - stop talking and just do! Shaa Wasmund, founder of Smarta, explained that 'running a business is like a rollercoaster' and that she believes 2014 will be the year of video, where You Tube could drive your sales and create 'action'.

Secrets of the Mid-market - Forgotten Army or Stealth Warriors?

Michael Bernd Bayer | Posted 27.01.2014 | UK Tech
Michael Bernd Bayer

Across the world medium-sized businesses have been fueling the economic recovery. In Germany, the core groups of around 1,400 Mittelstand firms have become the main 'stokers' of its economic firepower. In the UK, mid-sized firms grew 5% over the past five years, outperforming both small companies and large corporations.

10,000 Businesses Started!

Yasmina Siadatan | Posted 25.01.2014 | UK
Yasmina Siadatan

What a long way we have come. I can remember when we administered the first £1million. It seemed like a huge milestone. It seems like only yesterday we had provided loans to 5,000 businesses and now we have passed the 10,000th milestone. We should be very proud of what we have achieved, but there is still a long way to go...

From Job Takers to Job Makers: How The Next Generation Of Young Entrepreneurs Might Just Save The World

Lynn Shepherd | Posted 23.01.2014 | UK
Lynn Shepherd

Sometimes having two hats throws up some interesting juxtapositions. Ten days ago, with my novelist hat on, I was in Dublin for the Bram Stoker festiv...

Tech Start-ups Are the Last Businesses That Need Government Help

Christian Nellemann | Posted 23.01.2014 | UK Tech
Christian Nellemann

Twenty five million pounds of government money has been poured into a venture capital fund for tech start-ups. With the Episode 1 fund they are, they say, "determined to give entrepreneurs the financial support they need to grow".

IT Outsourcing: Who's Calling the Shots?

Ashish Kumar Gupta | Posted 09.12.2013 | UK Tech
Ashish Kumar Gupta

There's no doubt that the balance of power in IT outsourcing engagements has shifted considerably in recent years. Enterprises across Europe are increasingly finding themselves having to come to terms with a new world order.

The Current Government Needs to Start Backing SMEs

James Hardy | Posted 04.10.2013 | UK Politics
James Hardy

It's clear that small businesses are disproportionately impacted by legislation designed for much larger businesses, and the government could help alleviate this burden.

Government Does Good Thing - Nobody Cares

Nigel Cannings | Posted 18.11.2013 | UK
Nigel Cannings

First up, a declaration - I hate the Coalition. I hold George Osborne personally responsible for plunging the country into a worse crisis than necess...