small business owner

Small Business Owner Bricks Up Bank

Small business owner Cameron Hope became so frustrated at banks not lending that he bricked up a branch of Barclays in protest. The property developer said that trying to get credit from the banks and being refused a loan of £240,000 was like "talking to a brick wall". Mr Hope and other frustrated small business owners, calling themselves "the Recessionairs", stacked up concrete blocks in the entrance to Barclays in Westbourne, Bournemouth on Sunday. before police asked Mr Hope and the other protestors to remove the blocks. Barclays said it had never dealt with Mr Hope and was only targeted when bricking up original target, the local NatWest branch, was made difficult due to police presence for an unrelated incident. Mr Hope said: “It was Plan B and we drove up th... »

Recession spawns new breed of Business owner

First we had the Super SME now it’s the Super Entrepreneur. Natural selection is not only confined to the theories of Darwin according to a new study which has unearthed a new breed of business owner, fit to survive the current recession and well into the future. The research*, from leading independent invoice financier Bibby Financial Services, revealed that these super entrepreneurs are evolving because of the downturn, with 79% of small and medium-sized firms making, or planning to make, positive steps in order to survive and face economic uncertainty head on. Cash is king when it comes to this new business breed with 69% of owners and managers claiming the recession has encouraged them to keep a closer eye on their finances. With seven in 10 firms experiencing a deterioration in ... »