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Business versus personal loan – which is best for your business?
Knowledge
Business versus personal loan – which is best for your business? A loan may be a viable option in helping to get your start-up off the ground and on the path to success. Over £57.7 billion was lent to Smaller businesses by UK banks in 2021, and the Government’s Start Up Loans scheme has delivered […]
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Low-cost e-commerce platforms for your start-up
Knowledge
Low-cost e-commerce platforms for your start-up Setting up an e-commerce site for your start-up may help you reach more customers and sell more products and services than just opening a physical shop. According to Statista , the e-commerce market is worth £130bn in 2024, accounting for 38% of all […]
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Six ways to boost your website’s SEO
Knowledge
Six ways to boost your website’s SEO Having a website for your small business may be a cost-effective way to sell to customers. According to Statista, in June 2023, the value of internet retail sales in Great Britain was over 2.22 billion British pounds, so it may be worth considering making your […]
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10 tips when negotiating a commercial lease
Knowledge
10 tips when negotiating a commercial lease Renting premises can be costly and often involves a legal agreement, so it’s important to consider several things before signing a commercial lease. Starting or moving your business into a rental property is a significant step. Before signing a commercial […]
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A start-up owner’s guide to internships
Knowledge
A start-up owner’s guide to internships With a smaller team and tight budgets, finding enough hands to work on essential tasks can be challenging. This is where internships can prove helpful, providing a beneficial relationship for both the start-up and the intern. An intern can be a great asset to […]
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The pros and cons of raising your prices
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The pros and cons of raising your prices The price of your products and services can be a key factor in your customer’s decision to buy from you. Determining how much customers are willing to pay can be challenging, but pricing products and services at an appropriate level can help your business […]
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Business forecasting – a guide for start-ups
Knowledge
Business forecasting – a guide for start-ups Periods of high inflation can pose a challenge for start-up businesses. An increase in the price of input costs such as materials, energy , and the transportation services you need for your business to operate may impact profitability. At the same time, […]
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How to manage remote employees
Knowledge
How to manage remote employees The Covid-19 pandemic, coupled with fast broadband and online collaboration tools, has led to a surge in remote working for some sectors. Remote working is part of a migration to realising the benefits of flexible working – 87% of employees want to work flexibly , […]
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Guide to the Seed Enterprise Investment Scheme (SEIS)
Knowledge
Guide to the Seed Enterprise Investment Scheme (SEIS) What Angel Investors look for in small businesses Raising funding to get your business off the ground can be vital for many start-up owners. Yet, without a previous track record of success, it can be a struggle to attract private investors . As […]
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Guide to sole trader debt management
Knowledge
Guide to sole trader debt management Setting up as a sole trader is one of the easier ways to start a business as there’s little in the way of paperwork, you have complete control over how you work, and you can keep all your profit after tax . However, as a sole trader, you are liable for any debts […]