Monthly Archives: July 2017

SMEs in the dark about government’s regional industrial strategy

Government plans to stimulate the economy through regional initiatives, such as the Northern Powerhouse and Midlands Engine strategy are failing to make an impact on UK SMEs, according to the latest SME Confidence Tracker from business funder, Bibby Financial Services (BFS). According to data for Q2, the majority of UK SMEs (66 per cent) are unaware
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The true cost of running a franchise

Franchises can cost anything between £8,000 all the way to £4 million, the average cost of franchising is around the £50,000 mark. When investing, there is an initial cost, but there is also other costs that you will need to pay, in addition to the purchase of the franchise itself, you will need to pay out
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How your business can thrive in a university city

If you run a business based in a university city, you’ve got a great opportunity right on your doorstep. While they might not have much disposable income now, if you can build up brand loyalty with students, they can go on to become lifelong customers. Because they often move away from the area after their
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Top tips for starting out contracting

If you’ve decided to take your first steps into the contracting world, then there’s a few points you need to consider before going ahead with it. It’s best to be fully prepared before making the move to ensure that you’ve thought of everything so you’re not taken by surprise. Steps such as ensuring your CV
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Fire safety in the workplace

Ensuring the safety of everyone in the workplace is vital and should be at the top of your list when it comes to evaluating your working environment. When procedures are ignored, there’s a high risk of causing injury and in the worst-case scenario, fatalities. It’s your responsibility to ensure that your employees, and anyone in
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How the over-50s are leading the small business charge

Do you think of the UK’s ageing population as a growing burden on the economy? One that increasingly has to be shouldered by younger workers? Joint research by Hitachi Capital UK and the Centre for Economics and Business Research (Cebr) has found that, far from being a drain on resources, over-50s are in fact contributing
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Hiring an accountant: A small business guide

When you’re running your own business, it’s inevitable that you’ll end up wearing a lot of different ‘hats’ and taking on a range of different roles within the business. Many businesses and entrepreneurs are operating on a limited budget, so it’s understandable that some may opt to try to do their accounts themselves. However, they
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Female gamers to spend £1bn on video games in the next year

Female gamers are the hidden gem in the UK video gaming crown, according to research from Barclays Corporate Banking’s UK Video Gamers Trends Survey. British women look set to spend £1.1 billion on video games and their accessories over the next 12 months – a third of the total £3.5 billion projected spend for British
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