Monthly Archives: May 2021

Hot Business News Today

One third of small businesses turn to Bank of Mum and Dad

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Originally written by Timothy Adler on Small Business
One third of small businesses have turned to the Bank of Mum and Dad to help them get through the Covid crisis.
Faced with an emergency, more small business owners to turn to family ahead of banks for financial help. Forty-six per cent turn to family during the crisis compared to 40 per cent who turn to banks, according to a Liberis survey.
And over a third (35 per cent) said they turn to the Bank of Mum and Dad specifically, while one in five (19 per cent) said they turned to close friends.
>See also: Small businesses selling into EU face £180m in extra red tape costs
Four out of five small businesses have needed financial support during Covid – an estimated 4.9m of the country’s 6m SMEs — and over three quarters have sought commercial financing.
More than a third (37 per cent) of small business owners have taken on a second job to keep their businesses afloat, and more than a quarter (28 per cent) have considered doing this.
Going without food
Alarmingly, 6 per cent of SMEs surveyed said they were saving money on food, eating less and, occasionally, skipping meals to try and save money

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Hot Business News Today

How to create a great business website and ensure it’s found

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Originally written by Nick Ismail on Small Business
Creating a great business website that is easily found by potential customers can often be a daunting task. But, it is necessary, in order to build trust, engage customers, demonstrate your service or highlight your product, and sell your good.
Taking lessons from Louis Brightman’s GoDaddy website masterclass, Small Business outlines how to create a great business website and ensure that it’s found.
1. Choosing the right website for your business
There are many types of business; some will just require business cards and others will need a full e-commerce function.
But, regardless of what type of website you need, the same building blocks are needed to build a website:
1. The domain name — this is similar to the number of your house.
2. Hosting — a website is built with pictures and text, and the hosting is bricks and mortar and electricity of your house — it keeps the website live.
3. Content — what type of website does your business need and what type of content is housed on your website? Whether it’s a brochure type, hospitality sector, small scale e-c0mmerce or large scale e-commerce website, any can be hosted on GoDaddy.
Questions to ask yourself and considerations:
Are you

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