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Over 40% of new SMEs fail within four years!

Posted on 29/08/2013, 12:00

A recent report by Lord Young, David Cameron’s enterprise adviser, has proposed that the Government’s loans scheme to help young entrepreneurs start a new business is to be extended to the over 30s. When the scheme was originally launched the age limit was only 24 but this was raised to 30 earlier this year. Now it has been announced that the age limit for the loans is being extended to over 30s, along with a range of other reforms aimed at helping “fire up business growth” in the UK.

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The outlook for small business lending

Posted on 28/08/2013, 00:00

A recent announcement from Mark Carney, the Governor of the Bank of England that the Bank will not consider raising interest rates until the jobless rate has fallen to 7% or below has been met with some positive responses by business organisations and the government.

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Family Business Issues

Posted on 07/08/2013, 09:44

Research into family businesses indicates some startling facts:
We are all aware that family owned small businesses provide a vital and important contribution to the UK economy but research into family businesses indicates some startling facts…

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5 Key Measures to Grow Sales and Improve your Profit

In or last article, “Measuring What’s Important” we discussed key performance indicators or KPIs. There are lagging KPIs such as financial measures that tell you what just happened and leading KPIs that indicate what your financials are likely to look like.

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Measuring what’s important

Following on from our previous blog in this series, “The Most Important Thing”, the next step is to translate your goals into action.  For this, setting your targets and measuring your performance against them is vital to making them happen.

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The Most Important Thing is the Most Important Thing

What do you want to achieve in your business? Every owner manager had their reasons for why they started out on that journey – what are yours? And more importantly, are they still valid, are you on track, or are your hopes and desires being frustrated?

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