Tag Archive for Advice

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Where to get support when starting a new business

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Originally written by Partner Content on Small Business
Setting up a new business is hard. And it can often feel like you’re doing it all on your own. If you have an employee or two along for the ride, it can still feel like you’re expected to have all the answers, and quickly. Surely you deserve a little support.
The good news is that you don’t have to go it alone. There are plenty of places you can find extra help, whether it be financial support, industry experience, or just a shoulder to lean on. Here are our top ways to get as much support as you can during your early days and beyond.
Scout out financial support
When you’re just beginning to put together your own business there can be a lot of costs to manage, and sometimes your cash doesn’t stretch quite as far as you’d like. But you don’t have to go on Dragon’s Den to get additional financial support – as a new start-up or small business there are several government grants specifically put in place to help you, particularly during your first year. Unlike business loans, you don’t have to pay grants back, and the good news is that

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Hot Business News Today

The essential guide to starting a business in Belfast

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Originally written by Anna Jordan on Small Business
In the past, we’ve explored launching a start-up in Leeds, Newcastle, Glasgow and Cardiff. Now it’s on to the final part of the UK, with a guide to starting a business in Belfast.
Let’s look at the vital stats and how small businesses themselves got on when setting up in Northern Ireland’s capital.
The city is number one for ‘business friendliness’ in mid-sized and small global cities. Office space is cheaper too. According to research from both CBRE and Colliers, Grade A office space in Belfast is £21 compared to £30 in Leeds, £34 in Manchester and Edinburgh, £56.17 in Dublin and a whopping £67.50 in London.
‘Grade A office space in Belfast is £21 compared to £30 in Leeds, £34 in Manchester and Edinburgh, £56.17 in Dublin and a whopping £67.50 in London’
Population
As of 2018, there were 340,220 people in the city, with over one million people in the Belfast region.
A substantial 43% of the population is under 30 years old while 44,625 in the region are full-time students. With three universities, two university colleges, six further education colleges and an agri-food and land-based college, you’ll have a pool of skilled graduates to hire from.
Crime

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Hot Business News Today

Nearly half of co-founders buy their business partners out – survey

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Originally written by Timothy Adler on Small Business
More than two fifths (43pc) of company founders are forced to buy their co-founders out of their businesses due to rifts and power struggles.
The most common reason for founding teams to split is a difference in opinions over the company’s direction, according to a survey by venture capitalist Fuel Ventures.
Of the 43pc of founders who’d been forced to buy out their fellow co-founder, more than two thirds (71pc) said it was due to “a difference of opinions for the company’s direction”, while 18pc said they felt their former partner “didn’t reciprocate their beliefs/values”.
And nearly all of those founders who’d split said the schism was triggered by “a single specific disagreement”, following a period of dispute or unrest within the founding team.
Nearly three quarters (73pc) of founders said they would never co-found a business again. And 81pc of those who would consider co-founding a business again said they would only do it with someone “they knew well”.
As to why entrepreneurs felt they needed a co-founder, 57pc of those surveyed said they felt more confident and comfortable having someone to run the business with, while one third (32pc) said they felt obliged to have a

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