Celebrating the people behind British small businesses
 

How to get free cash for your business

 

Stephen Sacks is the founder of Funding Nav and author of Reboot your business. In this extract from the book, Stephen explains the different ways that you can raise more money for your business – for free.   R&D Tax Credits The UK rate of corporation tax (on profits) is already at …

Storey, British Land’s flexible workspace brand, celebrates successful first year

 

Storey, British Land’s flexible workspace brand, is celebrating its first birthday this week having expanded rapidly across London since it launched last year. Established to meet the needs of small businesses that have outgrown co-working arrangements – and larger businesses seeking extra capacity on more flexible terms – Storey is …

Product strategies that don’t work for small business

 

In this edited extract from the newly published second edition of Entrepreneur Revolution: How to Develop Your Entrepreneurial Mindset and Start a Business That Works, Daniel Priestley shares four common product strategies that don’t work for small business.   I’ve worked with thousands of small business owners over the last 10 …

Why SMEs must futureproof themselves now for Brexit

 

Many SMEs think they are ‘too small’ to be troubled by the effects of whatever final Brexit arrangements are made. Here, Funding Nav founder and business author, Stephen Sacks, explains how they are the organisations most vulnerable to whatever storms lie ahead and how they can – and should – …

Why is company spending such a struggle for SMEs?

 

Managing expenses is crucial for keeping on top of cash flow, but many SMEs struggle with it. Darren Upson, VP of Small Business Europe at Soldo explains why spend management doesn’t have to be a headache.   Managing finances and expenditure is essential for businesses, which makes it even more surprising just …

How to protect your cashflow (without the Big Business bad practices)

 

Cash flow is a common headache for small and medium-size businesses. Lee Murphy, founder of cloud bookkeeping software Pandle, give his top tips for protecting cash flow in your business.   Cashflow problems are the biggest danger to most microbusinesses, with many profitable microbusinesses going insolvent simply because they run out of cash. …

Which hidden costs should you be aware of when starting a new venture?

 

Starting a business is expensive – but it tends to come as a shock to budding entrepreneurs. Jamie Roberts; Senior Copywriter at Media Works exposes three hidden costs to be aware of.   If you underestimate your expenditure as a new business, you may be doomed from the start. It’s crucial …

Common payroll pitfalls – and how to avoid them

 

Payrolls are the bane of many small business owners’ life. Not only do you have to give your hard-earned money away, but you have to do it in such a difficult manner! Gone are the times when you’d bung your employees a few bob in cash at the end of …

“The dog ate my invoice!” – the biggest excuse for SME late payments

 

Late payments can be really disruptive to small businesses – when you don’t have much leeway in your cashflow, just one payment can make the difference between failure and success. Automated credit control company Satago found that every year more than a third (34%) of UK SMEs are forced to …