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8 reasons why people will buy from you
Starting or running a business may feel more challenging than ever before due to the volume of businesses that exist. In 2020, over 6...
Why should you start a business?
Studies completed in 2020 found that 64% of the UK workforce wants to set up a business and 83% of 18-24-year-olds aspire to become self-employed (Credit: SME Loans). From these figures alone, we know how many of us dream of becoming entrepreneurs but for one reason or another, we don’t take the jump. In this guide, we look at the positive reasons for starting a business to provide you with inspiration that could persuade you to dive into the world of self-employment. #1 – Au
SME CofE Awarded IOEE Centre of Excellence
A first-of-its-kind partnership has been formed to increase support for entrepreneurs and SMEs in kickstarting the growth of the UK economy post-pandemic. To help boost the bespoke support to the businesses which will be so vital to economic recovery, the Institute of Enterprise and Entrepreneurs (IOEE) - the UK’s leading professional learning institute specialising in business enterprise and business support - has formed an alliance with the SME Centre for Excellence (SME Co
Launch of Recovery Loan Scheme
The Government launched a new loan scheme to provide further support to protect businesses and jobs. Businesses - ranging from coffee shops and restaurants to hairdressers and gyms - can now access loans varying in size from £25,000, up to a maximum of £10 million. Loans will include an 80% government guarantee and interest rate cap. Full details are available via the Government website.
Step 2 to go ahead
The Prime Minister has announced that the 2nd step in the road map out of lockdown is set to go ahead with the Government satisfied by data that justifies the further easing of restrictions. Step 2 in the roadmap will commence on Monday 12th April.
Twice-weekly rapid testing announcement
On Monday, the Prime Minister announced that everyone in England, including those without symptoms, will be able to take a free rapid coronavirus test twice a week from 9th April. Businesses can still apply for workplace testing until 12th April.
The most important factors you should consider in your cash flow forecast
Cash flow forecasts provide a prediction of a company’s financial position over a set period of time. These forecasts are usually based...
Important factors that should be included in your business plan
A business plan summarises why the business exists and the direction the business plans to go in. This is a great resource for investors, employees and managers to refer to when making decisions regarding the business and its objectives. In this guide, we will cover the important factors that you should be including in your business plan. The Aim – Why is it that the business exists? Consider the ways your business makes a difference in customer lives. Goals and objectives –
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