Business Blog

How Ecommerce Businesses Can Improve Their Online Reputation

How Ecommerce Businesses Can Improve Their Online Reputation

For small businesses, building a good reputation can help them to go from strength to strength. Conversely, gaining a bad reputation can lead to a lack of custom and ultimately, the failure of the business. Therefore, it is important for a business to use all the methods available to them to positively enhance their profile and their reputation. This is particularly true of an ecommerce business, as being perceived as a secure site where the customers’ personal and financial information will be safe is paramount to their success. Hence, when considering ecommerce sites, it would be fair to say that attempts to make the site as secure as possible will also help to positively boost the company’s reputation as well. The good news for small businesses is there are some relatively simple and co... »

Harnessing Freelance Talent During Uncertain Times

Harnessing Freelance Talent During Uncertain Times

A recent poll by the CBI shows investment in the UK economy from large companies could reduce as Brexit approaches and confidence falls. The headlines are focused on the impact of reduced investment from corporations, but there is another view, which shows there is a continued and increasing importance placed on the contribution small businesses make to the UK’s economy. The 5.4 million small firms in the UK represent 99% of all businesses in the UK. These small businesses quietly, consistently contribute to the UK’s GDP, and they employ more than half of all private sector workers. In short, they are the unsung engine room of the UK’s economy. So, as Brexit continues to threaten to reduce the contribution from larger corporates, small businesses need to continue to grow ... »

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... »

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