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What makes a business successful? Defining success as an entrepreneur
Knowledge
What makes a business successful? Defining success as an entrepreneur Success in business means more than just making money – and every business owner has their own idea of what success looks like. While profits matter, many entrepreneurs today measure their success in other ways that match what […]
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Lancashire businesses supported with £25m of Start Up Loans support
Press release
Lancashire businesses supported with £25m of Start Up Loans support Press release 10 June 2025 The Start Up Loans programme, part of the British Business Bank, today announces that it has provided over £25m of Start Up Loans funding across 2,753 loans to businesses in Lancashire. Of these loans, […]
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Start Up Loans passes £100m funding milestone in the West Midlands
Press release
Start Up Loans passes £100m funding milestone in the West Midlands Press release 10 June 2025 Over 10,000 loans have been distributed in the West Midlands, with an average loan amount of just over £9,900 Coventry, Shropshire and Wolverhampton local authorities received the most finance outside of […]
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Start Up Loans programme celebrates £75 million in funding for Scottish businesses
Press release
Start Up Loans programme celebrates £75 million in funding for Scottish businesses Press release 09 June 2025 Young entrepreneur cooks up a storm after taking the reins of family catering business Since launching in 2012, the Start Up Loans programme has provided over £75 million worth of funding […]
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7 most common HR issues for start-ups
Knowledge
7 most common HR issues for start-ups When you launch a start-up, you might begin by working alone, focusing on creating a business plan and developing your product or service. But as your business grows, you might decide to hire employees, which means you’ll also take on the role of a manager. […]
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Comparing a Business Loan and a Start Up Loan for a new business
Knowledge
Comparing a Business Loan and a Start Up Loan for a new business Starting your own business is an exciting adventure but getting it off the ground often means you'll need a bit of external funding. Whilst there are a number of ways of financing a start-up, two popular ways to secure funding are […]
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How to register as a sole trader
Knowledge
How to register as a sole trader Setting up as a sole trader is the fastest and easiest way to become your own boss. With little in the way of paperwork and full control over how you work, you can get your new business up and running straight away. Once you’ve decided to become self-employed you’ll […]
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The importance of innovation for small businesses
Knowledge
The importance of innovation for small businesses Innovation is an important factor in the growth and success of your start-up – developing new products and services or improving business processes can play a role in achieving a competitive advantage. In turn, being innovative when running your new […]
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How to write a business partnership agreement
Knowledge
How to write a business partnership agreement Starting a business with a partner is exciting but can be challenging if you disagree on how you’ll run your start-up – one way of mitigating this issue is to consider a partnership agreement to minimise disputes and focus on success instead. Running a […]
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What to do if you can't get a business loan
Knowledge
What to do if you can't get a business loan Many start-up owners rely on external funding to kick-start their businesses. Applying for a business loan from banks and other traditional lenders is often the first step. But sometimes, access to funding can be more challenging than you might expect. As […]