What is an Exit Strategy in Business & Why You Should Have One

14/02/2024

What is an Exit Strategy in Business & Why You Should Have One

An exit strategy is something that shouldn’t be overlooked by any business owner or entrepreneur. When starting a new venture, it might not be the first thing on the to-do list, but a well-defined plan is essential for many reasons. Here’s what an exit strategy entails and why every business – regardless of size or […]

How to Recession-Proof Your Business

18/09/2023

How to Recession-Proof Your Business

Economic downturns are a natural part of the business cycle, but their impact can be particularly devastating for smaller enterprises. According to the Federation of Small Businesses, small and medium-sized enterprises (SMEs) make up three-fifths of the employment and around half of the turnover in the UK private sector. Given their significant role, it’s crucial […]

The Best Small Business Management Software in 2023

01/09/2023

The Best Small Business Management Software in 2023

In today’s fast-paced business world, efficiency and organisation are paramount. For small businesses in the UK, finding the right management software can be the difference between success and stagnation. With a plethora of options available, how do you choose the best fit for your business? In this post, we’ll delve into the top 20 small […]

Are Businesses Prepared for the Next Global Crisis?

04/08/2023

Are Businesses Prepared for the Next Global Crisis?

After multiple interest rate hikes and global crisis in a short period of time, it’s difficult for businesses to keep up and adapt. But how difficult? New data from the intelligent planning technology Board International reveals that, despite nearly every global business executing some form of planning transformation attempt since 2020, 90% report it failing […]

What is the Most Popular Time to Start a Business?

23/06/2023

What is the Most Popular Time to Start a Business?

The study by UK financial services provider CMC Markets analysed the latest ONS data on weekly company incorporations to determine the best time to start a business. It found that from Saturday 4th June to Friday 10th June 2022, 18,386 new businesses were created at Companies House. This was the fifth highest number of new […]

The Impact of Brexit on Businesses & UK Economy

03/03/2023

The Impact of Brexit on Businesses & UK Economy

Every industry is going to be impacted by Brexit at some point, purely due to economic fluctuations. From reduced investment to manpower issues and skilled worker shortages, it’s safe to say that the impact of Brexit on small businesses is huge. That being said, Brexit opportunities are not to be overlooked, especially when you look […]

Rising Interest Rates: How Are They Affecting Businesses?

03/03/2023

Rising Interest Rates: How Are They Affecting Businesses?

Right now, the UK is going through a cost of living crisis. Inflation is the highest it’s been in 40 years and the Bank of England are rapidly trying to take steps to combat this. If you want to find out more about rising interest rates and how they could impact your business then take […]

Importance of Cyber Security for Businesses

22/02/2023

Importance of Cyber Security for Businesses

Cyber security is an increasingly important concern for businesses in today’s digital age, especially seeing cyber attacks happen so recently to large corporations. It refers to the practices and technologies used to protect computer systems, networks, and sensitive data from unauthorised access, theft, and damage. Cyber security is important for all types of businesses, regardless […]

What Financing Options Are Available for Small Business in 2023?

23/01/2023

What Financing Options Are Available for Small Business in 2023?

Every small business across the country has faced unprecedented finance challenges in the wake of the COVID-19 pandemic. For example, many have experienced a loss in custom alongside rising monthly expenses. As such, it’s hardly surprising that a recent study found that “small and medium-sized enterprises are now collectively carrying around £36 billion more in […]