Managing the flow of cash that comes in and out of the business is a well-known issue for business owners across sectors. But over the Christmas period issues with cash can be increased. more»
New research reveals that UK small and medium businesses need strong values and corporate cultures to attract and retain Gen Z Talent. more»
A well-managed cash flow is the missing puzzle piece that hopeful business owners often fail to find. According to statistics, a massive 82% of small businesses fail due to cash flow problems, with the majority simply unable to operate due to being unable to support the day-to-day running of the business. more»
When building and developing a business it’s vital to work towards a clear set of goals to provide direction, motivation and a measure of success. However, entrepreneurship is often a lonely road where it’s commonplace for individuals to struggle not with ‘why’ they want to create their own version of success, but with ‘how’. more»
Sports teams and business teams are a bit like families – you can’t choose who your family are, and you can’t guarantee you’re going to get on easily with them, just as you don’t choose your teammates at work or in sport either. The director or managers recruit them in the workplace based on specific professional skills and attributes. more»
Transformation is what startups do best - it’s why they exist. But while it’s one thing to become a challenger in a sector, it’s another thing to drive innovation forward and win advocates to support your business. One way that SMEs can grow and continue to disrupt is by securing partnerships that will prove beneficial to both parties. The great news for ambitious leaders is that global brands and corporations are looking out for the next hot startups to partner with. Many are aware that to remain a market leader they need startups to help support their own innovation, to keep them ahead of competitors. The agile nature of vibrant start-up allows for flexibility to adjust and respond to changing trends, quickly. That’s exactly how a game-changing collaborative deal between London tech start-up Spoon Guru and retail giant Tesco came about in 2017. A partnership that redefined the way consumers with specific dietary needs or health preferences discover food, with the AI-powered search engine - hailed as the “Google for food” offering complete transparency. So how do you implement such a strategy in your own company? more»
Last month, Facebook backtracked on using facial recognition technology to automatically detect the faces of its users after a US court deemed the software an invasion of “private affairs and concrete interests”. The software sent “tag suggestions” to users if their faces appeared in recently uploaded photographs, whether or not they had been tagged in them. more»
Once, the British high street was a hub for consumers' every need. But today, it's turning into nothing short of a ghost town. This was clear during Black Friday last year where high street visits and sales declined by 6.5% compared to the year before. more»
An international farm equipment dealer is counting their lucky stars after they avoided a very dodgy export deal. Here's how and international trade advisory group, Business West helped a small business stay vigilant. more»
A retrospective tax on self-employed individuals who made use of alternative remuneration schemes will now be reviewed by the Treasury, following a key amendment to incoming legislation. more»
