Profit margins are the be-all and end-all of running a business, and with so many expenses coming from every angle, it can be a huge challenge to keep things cost-effective. 82% of small businesses fail because of cash flow mismanagement, which goes to show just how important it is for a business to maximise their income and minimise their output.
Continue reading Do you have a cost-effective business?
If you’re thinking of setting up your own limited company, one concept you’ll need to get to grips with is the whole area of shares.
Emily Coltman FCA, chief accountant to award-winning online accounting software provider FreeAgent, gives an overview of the rules around shares in a private limited company. Continue reading Shares in your new company
Your business’s tone of voice is effectively how you interact with your audience. It should steer your conversations with customers, your website content, your emails, your social media and pretty much each and every one of your communications. But how do you go about developing a tone of voice which truly suits your brand? Let’s take a look at some ways in which you can really find your voice. Continue reading How to perfect your business’s tone of voice
You have started a business but you’re short of one very important thing… money. Having an extra source of capital can help your business in a number of ways: You could hire new staff, acquire a new office space, build a new product, go live with a marketing campaign, and of course much more. But where on earth do you get funding from? Finding the right place for this can be tricky. With this in mind, we have done some investigating to give you an idea of the most popular funding routes available to you and your business. Read on to find out more. Continue reading 7 funding routes to help your business grow
Yesterday’s Budget was particularly relevant for the small business world. Here we break down the key points that you need to be aware of: Continue reading The Budget – Key Points for Small Businesses
In this, the final part of our interview with Lord Young, he talks to us about what he has done to encourage entrepreneurship in young people. In particular, we look at initiatives such as The Youth Training Scheme, The Small Business Charter and The Enterprise Passport. Continue reading An Interview with Lord Young – Part Three
Lord Young has had a remarkable career in both the business and the political worlds, serving under various conservative governments and acting as the Secretary of State for Employment. He has spearheaded multiple initiatives including Start Up Loans, was an Enterprise Adviser to David Cameron and has written a number or vital reports about the small business landscape in the UK. Towards the end of last year we were lucky enough to sit down with him and discuss ‘business’. Continue reading An Interview with Lord Young – Part One
James Crowther owns one of Europe’s 20 million SMEs. Utilising his background in finance and fleet management, James’ vehicle brokerage business, Trade Vehicles Direct, finds clients the best deals on cars by sourcing direct from suppliers. His agreement with accountants from accountants-edinburgh.com take care of his assets. His negotiation skills, use of the best services like the ones offered by Fully-Verified and industry relationships are key to his success and have allowed him to grow fast in his niche. Unfortunately, he struggled to fund the rapid growth since the main banks struggled to analyse his model and fit his business in a convenient box.
Continue reading The difficulty small businesses are facing accessing finance, and how iwoca is using technology and data to solve this problem
In this months Startup Diary TutorTap founder James Grant will go into more specific detail on a topic that most startups will have to address at some point or another. We are of course talking about finding sources of funding, which in itself can become almost like a job. Continue reading Startup Diary from TutorTap – Funding Options
Undoubtedly one of the biggest tasks that a small business will face is getting finance. Often, this will strongly dictate how successful a new venture can become – and there is no doubt that immediate capital is something that could help your business ten fold, especially when money is tight. Continue reading Incentivise investment by applying for EIS and SEIS