Small Business

Britain’s fastest growing small companies bring prosperity to the UK

Posted on Nov 27 2015 by

A recent report was released regarding Britain’s fastest growing small companies and how they compared region by region. High growth small businesses (HGSBs) are companies that are achieving more than 20 per cent average annual growth in turnover over a three year period and with an annual turnover between £1 million and £20 million. There […]

Get involved with Black Friday and Small Business Saturday

Posted on Nov 24 2015 by

Black Friday is an American tradition and takes place the day after Thanksgiving which is the fourth Thursday in November. This year, it falls on Friday 27th November. It’s become the biggest shopping day of the year with retailers knocking their prices down across their stock to kick start the gift buying season. Last year, […]

SMEs guide to preparing for Christmas

Posted on Nov 16 2015 by

As the Christmas season starts to loom upon us, SMEs up and down the country are preparing for the most lucrative trading opportunity of the year. In the next few weeks, everyone will be rushing to buy their Christmas presents, businesses will have their highest demand of the year and suppliers will work at their […]

UK jumps two places to become the 6th place in the world to do business

Posted on Nov 13 2015 by

The Doing Business 2015 report is an annual report in its 12th year which compares the ease of doing business for domestic firms in 189 economies. It investigates the regulations that enhance business activity and those that constrain it in 11 areas of the business life. The focus of economic policy is mainly on budgeting, […]

So what are the predictions for the Festive Season 2015?

Posted on Nov 12 2015 by

Christmas sales across Europe are tipped to grow by 18.4 per cent. Online retailers in UK can expect to see Christmas sales grow by 16.2 per cent in 2015 with total online sales for the year set to reach £52.25 billion accounting for 15.2 per cent of consumer retail sales (1). In the UK, online […]

Reflecting back on Christmas spending 2014

Posted on Nov 09 2015 by

December is a major month for shopping with many important dates and events to entice consumers to spend more for the festivities of Christmas.  First there’s Black Friday then Cyber Monday, Manic Monday, Small Business Saturday and Boxing Day sales. It’s a crucial time and the prime opportunity to capture as much revenue as possible. […]

SMEs can benefit from big data too

Posted on Nov 05 2015 by

Data is everywhere. Mobile phones collect data of your location through GPS, every time you use the internet; you leave a trail of data and history. When you buy something on your credit card or collect points on a store card, data is created and stored. The systems for capturing, collating, storing and analysing data […]

Romford shows strongest business growth in Britain

Posted on Nov 03 2015 by

Our research*  has found Romford, a North East London town, is leading the way in the SME market and showing strong growth in business sales and numbers. It ranked the highest in terms of percentage of fast-growing companies and increase in the number of incorporated businesses. The number of companies registered in Romford has increased […]

Should SMEs join the 5p plastic bag charge?

Posted on Oct 29 2015 by

The 5p plastic bag charge was introduced in England on Monday 5th October, the last in the UK to apply the scheme having already been introduced to Scotland, Wales and Northern Ireland. The English charge only applies to companies with more than 250 full time employees and those with less staff than this are exempt […]

Paying bills late could be more damaging than you think

Posted on Oct 26 2015 by

According to new figures, the problem of late payments straining SMEs finances is getting worse; being owed a total of £67.4bn in unpaid invoices, that’s up 8 per cent from this time last year (1). Between Q2 2014 and Q2 2015, the percentage of SMEs waiting more than 30 days for payments has increased from […]