• Money Saving Ideas for Small Businesses


    The difficult economy means that many small businesses are struggling to stay afloat and make a profit. This leaves them with two options – either they can increase their income somehow or they can cut costs. Cutting costs is the easier option because there are always savings that can be made. This is particularly important [...]

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  • Top 5 Social Responsibility Basics


    Small business owners are increasingly starting to realise that their actions have an affect not just on their customers, but on some level also have an impact on the local community and society in general. To be more socially responsible: Invest in people: Your employees are one of the greatest assets of your business. Try [...]

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  • Confidence of UK Small Businesses At An All-Time Low

    A survey released this week shows that the UK business sector is currently facing its lowest ever levels of confidence since records began. The Business Trends survey, which has been conducted by the accountants BDO annually since 1995, paints a worrying picture for the UK economy. In addition, BDO has called for a greater revision [...]

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  • Top 5 Packaging Basics


    Small businesses that produce and sell an original product often neglect to think of how it will be packaged until the very last moment. This can result in poorly designed packaging that is unfit for purpose. To create good packaging: Develop well: Try to consider how the product will be packaged as early in the [...]

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  • Small Business Red-Tape Reduction Plans Praised

    The British Chambers of Commerce (BCC) released a statement to the press last week regarding the recently announced first phase of the Government’s plan to β€œend the excessive regulation that is stifling business growth”. The BCC was welcoming to the news and although obviously they will continue to scrutinise the actions of this new Coalition [...]

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  • Top 5 Cash-Flow Basics


    Assess your risk: Small businesses should know a little bit about their customers before they purchase. Make sure that you collect information on prospective customers prior to entering a business engagement. If you are dealing with large transactions it may even be worthwhile to do a credit check. Clear payment terms: It is useless to [...]

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  • Small Business Community Reacts to Queen’s Speech

    Last weeks Queen’s Speech, the first of the new UK coalition Government, was well met from members of the small business community. In particular, the measures that will be taken to safeguard jobs and support the economy have been praised, along with the plans to invest in a high-speed broadband network. The FSB (Federation of [...]

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