The announcement was made at the Federation of Small Businesses’ (FSB) during Vince Cable’s keynote address held in the Leicester City Curve theatre. Three new lenders: Beechbrook Capital, Market Invoice, and Urica will share over £30m out of the Government funding that will help small firms find other ways to get financing outside of traditional […]
Category: Business Advice
17% of SME owners have turned to payday loans
New findings show that about 17% of small business owners have at some time in the past used payday loans to finance their companies. Amigo Loans, a loan guarantor company, revealed that an average micro enterprise needs £2,143 to successfully set up, but a huge number of them struggle a lot to find finances with […]
Forget the Dragons, pitch your ideas to Michon instead
There is no longer any need to brave the Dragons Den with your new business ideas, as small businesses are now getting the chance to pitch for a prize that is a package of nearly £15,000 worth of design and marketing advice. To celebrate their 30th anniversary, bosses at Michon, the creative design agency based […]
Two new Dragons set to be in the den
BBC revealed that Piers Linney, an entrepreneur in the field of technology, is anticipated to be the 5th judge in the hit series Dragon’s Den. Linney is one of the joint CEOs of Outsourcery, a company which specialises in the provision of cloud computing services, and will be Theo Paphitis’ replacement in the show, after […]
Public liability cover for small businesses
As most sizeable businesses will accept that public liability cover is a must, many small businesses, who count every penny, often think that it is an unnecessary expense. To be perfectly clear from the outset, it is only compulsory in a small number of businesses, unlike employee liability cover, but many business owners tend to […]
Stress levels continue to rise within SMEs
Stress had a large impact on businesses last year with about 42% of all senior managers of SMEs included in the SME Risk Index quarterly released by Zurich stating that they felt stress during the last quarter of 2012. About 20% explained that workforce absence levels have steadily increased over the past two years with […]
OFT tell banks they are failing SMEs
According to the OFT (Office of Fair Trading) big banks are not doing enough to help out small business. John Fingleton just attempted to set up a bank account that his own small business could use and stated that his experiences showed him that banks need to be shaken up a bit if they are […]
Businesses being scammed with counterfeit software
According to a new report from the BSA it appears as if counterfeit software is finding itself more into small businesses than ever before, but it also points to a potential risk where these companies may be losing more than what they think they are saving. Downloading or buying illegal software is often done in […]
Northumberland scheme offers funding to new SMEs
A new scheme in Northumberland will help small businesses thanks to a new support package of over £1 million aimed at helping out new and upcoming companies that may need this funding to get started. The new package launched by North East Rural Growth Network, an organisation overseeing such grants, will allow any business with […]
Loughton will see launch of new branch of women’s business networking group
ENTREPRENEURS AND FEMALE EXECUTIVES #1 LEADING BUSINESS COMMUNITY The entrepreneurs and female executives of the #1 leading business community Athena Network located in Singapore and the UK, is planning to extend its reach and its launch in Loughton, Essex site, on February 27th. The group allows women to converge with similar business professionals, and its […]