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Ambitious start-ups have the business world at their feet in terms of opportunity. The key is tapping into it. A domain name that can be recognised anywhere in the world, along with localised content are important ways to get there.
Owners of small businesses should not only consider worst case scenarios, but actively create a plan to combat them. For example, what would happen to your business if you had a sudden stock problem and couldn’t fulfil orders? Or your
In the age of social media, it’s vital for brands to build up a positive online profile. Customers can share their opinion and experience of your brand on multiple platforms, and potentially impact your business. This is why working to
When it comes to succession planning, it’s all too easy to keep putting off the basics. However, this can be a problem further down the line, with potentially catastrophic consequences for small businesses and families. While many small business owners
Research from PolicyBee has found that 75% of SMEs have no budget set aside to deal with the potential consequences following a cyber-attack. The study was commissioned by cyber insurance expert Sarah Adams, who says: “Cyber-attacks are not just an
Starting up a small business inevitably means you don’t have much time or money spare. This is why marketing can often fall by the wayside. However, establishing your brand is vital if you want to seriously compete with more long-standing
To run a successful local business, you need determination and hard work as a minimum. You also need to offer high quality services or products and be competitively priced. In addition, you must have an up to date website presence,
Many entrepreneurs are increasingly seeking out alternatives to bank loans to kickstart their business idea. Here’s our round up of some of the alternative forms of funding available. Government Start-Up Loan If your business is either brand new, or you’ve
If you’re over 50 and are put off starting a business due to your age, then think again. Over 50s account for almost 45% of new businesses started up in the UK, according to figures from the Office of National
There are certain questions all start-ups should ask themselves before they launch, and many of these revolve around tax. Entrepreneurs can underestimate the tax implications that come with running a new business. Here are some key questions that should be
Your ultimate aim is to become your own boss. You have the idea, the energy, the time and the focus. But do you have the knowledge needed to run your own business? In order to be a successful entrepreneur you
We’re in the middle of a disruptive business cycle, with small start-ups challenging big players in sectors across the board. Entrepreneurs are offering new twists on established business models and contributing innovative solutions, meaning markets are currently changing at speed.
There are different types of trust that can be set up for inheritance purposes. Selecting the right one for your needs is important. Here are some examples to help you understand the different types. Simple Trust Also known as a
Taxes may be a pain for every business owner, but they are necessary. It can easily feel overwhelming, particularly for small business owners who are trying to keep on top of everything. With new business, employees, pitches, products, and plans
Using financial models to forward plan for potential business outcomes used to be reserved for big businesses only. Modern accountancy is changing that landscape and making scenario planning relevant for even small businesses. Developing technologies While small businesses used to
Returner programmes have been launched as part of this year’s budget, by the Minister of State for Apprenticeships, Skills and Women. The initiatives will be offered by employers to help employees return to work after a career break. The idea
The General Data Protection Regulation (GDPR) comes into effect on 25 May 2018. As there’s now less than a year to go until enforcement, small businesses need to find ways to take advantage of the opportunities the changes will bring.
A recent survey shows that consumers using the internet are becoming more demanding. Around 60% of people who buy goods and services online report less loyalty towards brands with poor app and web performance. The survey was undertaken by performance
We’re excluding London from this rundown, which uses data from the the Start-Up Cities Index 2017. The list was drawn up based on a number of criteria including official data on house prices, commercial rent prices, business survival rates and
Start-ups are increasingly springing up across the Middle East, but they are also increasingly conducting business via offshore havens. Doing business offshore in places like the Cayman Islands and the British Virgin Islands (BVI) helps allay investors’ common worries. For