Business Blog

With contributors ranging from successful business owners to experts in a range of business fields; our business blog contains insider tips, opinion pieces and expert advice to help you create a successful and profitable enterprise.

Company Hangover: How Liquidation Could Help Your Business

Company Hangover: How Liquidation Could Help Your Business

Many directors see liquidation as the death knell of their business, yet by changing our view point slightly, we can get a lot more from the whole process. Take a deep breath and have a long, good look at your old business – this is the beauty of liquidation. You get breathing space, something you probably haven’t had in a while. Liquid...

 

Entrepreneurs Appointed To Department For Business, Energy And Industrial Strategy

Entrepreneurs Appointed To Department For Business, Energy And Industrial Strategy

The government has appointed four leading UK entrepreneurs to work as non-executive board members in the department for business, energy and industrial strategy (BEIS). Announced by business and energy secretary Greg Clark, Carolyn McCall, Kathryn Parsons, Stephen Carter and Stuart Quickenden will “provide oversight and challenge to the department ...

 

 

Company Hangover: How Liquidation Could Help Your Business

Company Hangover: How Liquidation Could Help Your Business

Many directors see liquidation as the death knell of their business, yet by changing our view point slightly, we can get a lot more from the whole process. Take a deep breath and have a long, good look at your old business – this is the beauty of liquidation. You get breathing space, something you probably haven’t had in a while. Liquidation can be a crucial part of a restructuring process and could mean you go on to a very successful business career. Before we get into the guts of this, I would like to say that if you have a decent agent handling your liquidation, this should all be covered by them. They will oversee most of this to make sure it’s all within the law. As with most things, it is a lot easier if you do these BEFORE the liquidation is in place. A change of view Li... »

Brexit Means Brexit: Business Owners React To News UK Will Leave The Single Market

Brexit Means Brexit: Business Owners React To News UK Will Leave The Single Market

Prime minister Theresa May has today confirmed speculation that the UK will leave the European Single Market when it leaves the European Union. Speaking at Lancaster House in Westminster, May said the UK “cannot possibly” stay in the market, as this would mean “not leaving the EU at all.” Established in January 1991, the European Single Market guarantees the free movement of goods, capital, services, and people within the EU, and gives UK businesses unrestrained access to over 500 million customers across the 28 EU states. In response, May said that the UK will seek to get “freest possible trade” with Europe, while also pledging to guarantee the rights of EU nationals living in the UK. Here, UK business owners, and those in the space, react to the news. “It has reas... »

The Effects of Divorce On Business: How To Avoid Problems

The Effects of Divorce On Business: How To Avoid Problems

In my 15 years as a solicitor, I have dealt with every kind of case imaginable from intellectual property disputes to unfair dismissal claims, surrogacy, commercial litigation and insolvencies. Despite the varied nature of my work, there is one area of law that has kept me rather busy in recent years and continues to dominate my team’s work load. Since launching A City Law Firm in 2009, I have noticed an increasing trend of couples going into business together and then sadly divorcing, which can lead to mass ruptures across the business. Going into business with your partner can be hugely positive but there needs to be an abundance of trust, like-minded thinking, honesty and some suitable paperwork. Over the years, I have dealt with numerous couples who have gone into business togeth... »

The Business Owner: James Hutchins, James Chocolates/ Chocolate Treat Club/ Cocoa Republic

The Business Owner: James Hutchins, James Chocolates/ Chocolate Treat Club/ Cocoa Republic

Founder: James Hutchins Location: Somerset Proposition: Creative chocolate experts Size: Under 20 employees Website: www.jameschocolates.co.uk / www.chocolatetreatclub.co.uk/ www.cocoarepublic.co.uk How is your business different from what’s already out there? We are recognised as leaders in our field in terms of chocolate creativity and innovation. This carries though all arms of the business, from our core range of James Chocolates branded products with their unique blend of fun and great taste, through to our new brands; Chocolate Treat Club – the UK’s first tailored chocolate subscription service which is set to shake up the chocolate delivery market, and our latest venture, Cocoa Republic – bringing innovation to the chocolate bar market by putting consumers at the helm of... »

New Year, New Customers: 4 Ways to Introduce Your Business to People

New Year, New Customers: 4 Ways to Introduce Your Business to People

There is no doubt about it; developed economies are far more robust and resilient than during previous generations. This is largely due to the increasingly deterministic outlook of traders, investors and financial experts, who are familiar with fluctuating markets and have an innate understanding of the underlying laws that govern such change. We have seen ample evidence of this in the UK recently, as the British economy has benefited from strong trade and consumer spending numbers despite the volatility triggered by Brexit. This is creating a strong level of business confidence and sentiment, as companies look to further their growth plans and reinvest into their development. More specifically, there is a growing drive among firms to reach out to new customer segments and increase their m... »

The Business Owner: Peter Tuvey, Fleximize

The Business Owner: Peter Tuvey, Fleximize

Name: Peter Tuvey Company: Fleximize Location: Ipswich Proposition: An alternative business lender, offering flexible business loans to British small businesses Size:  40+ employees Website: fleximize.com Describe your business model: Fleximize is a direct business lender that combines innovative tech with traditional underwriting methods. We like to describe ourselves as ‘tech-focused, but relationship-driven’, demonstrating our commitment to customer service. We don’t apply the strict criteria of banks, meaning we will lend to companies that other lenders, including direct competitors, wouldn’t. How is your business different from what’s already out there? We listen to our customers to develop products that they’re asking for, and which aren’t already on the shelves. We also offer repaym... »

Staying True to Vision and Value: Adapting Your Company Culture, No Matter Your Business Size

Staying True to Vision and Value: Adapting Your Company Culture, No Matter Your Business Size

A company’s culture is one of the most vital building-blocks in establishing a successful business. Not only does it give your employees a vision and values to work by, it also affects the way you lead, and the way others perceive your company. It’s an unspoken social contract that everyone within your business signs up to. When a business reaches a certain point, it’s almost inevitable it will make plans to branch out and expand. This might include launching across additional territories or perhaps growing headcount, either way, as a company develops its culture can be at risk of dilution. This can be down to a shift in focus, strategic expansion or even having to adapt to rising competition. Although each of these factors are fundamental in remaining competitive, they can quickly make yo... »

The Business Owner: Katie Massie-Taylor and Sarah Hesz, Mush

The Business Owner: Katie Massie-Taylor and Sarah Hesz, Mush

Founders: Katie Massie-Taylor and Sarah Hesz Company: Mush Location: London Proposition: We all know that being a mum is many, many things. It’s amazing. It’s hilarious. It’s hard work. And sometimes, it’s downright lonely. But there are tonnes of mums around you right now who are in the same boat. Wouldn’t it be great if there was an easier way to meet them? Size: 2-25 Website: www.letsmush.com How is your business different from what’s already out there? We founded Mush from personal experience. Loneliness and isolation is one of the least-discussed aspects of early motherhood, even though four in five women with newborn babies admit to feeling alone. Before Mush there wasn’t any real way to find other mums in your area. Mumsnet is great, but it’s not the same as the human companio... »

The Business Owner: Sam Jarvis, HubBox

The Business Owner: Sam Jarvis, HubBox

Name: Sam Jarvis Company: HubBox Founders: Sam Jarvis (CEO), Greg Beszant (COO) and Jon Pawley (CTO) Location: South London Proposition: Click & Collect integrated solution for retailers Size: Under 20 employees Website: www.hub-box.com How is your business different from what’s already out there? HubBox is an award-winning tech solution that allows for painless integration with any online retailer, with no change to the courier(s) or fulfilment systems. Most other ‘click and collect’ companies require one courier to be used, or have protracted, expensive integration. How did you finance your business? We funded the initial prototype ourselves to get as much proof of concept as possible. Based on the results we generated we were able to close an Angel round of funding in August 2015. W... »

Getting Your Small Business Set For Christmas

Getting Your Small Business Set For Christmas

For many, Christmas is a fantastic time of year. It gives people an opportunity to forget about their day-to-day stresses, relax and spend some well-deserved time with their family. However, in order to fully relax, you need to rest knowing that your business is all set up and prepared for the festive period. It would be lovely if come 5pm on our last working day in December we could all just get up from our desks, go home and forget about our jobs until early January. Unfortunately it’s not that simple. The Christmas period takes preparation and planning. It’s imperative that each business puts the correct procedures in place before employees abandon the workplace and venture home to spend a prolonged period of time with their loved ones. There are a number of things to take into account ... »

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