138 posts categorised "Private businesses"

22 August 2016

SMEs in the Midlands look to post-Brexit opportunities, but concerns over productivity and systems remain

Two thirds of SMEs in the Midlands want Government to prioritise new trade deals Germany should be the priority EU member for new trade agreements Half of SMEs in the Midlands will continue with planned capital investment in the next 12 months But a fifth have put recruitment plans on...

09 August 2016

Cyber attacks: ‘It won’t happen to our private business’

By Matt Palmer “I was so close to making the payment”. This is what an experienced managing director told me about a scam he was nearly trapped by. “Swiss bankers” apparently needed a payment to support the group’s European parent company to make an acquisition and contacted him by phone...

04 August 2016

Business Rates – Changes for 2017 and beyond

By Phil Vernon From April 2017 1.94m non-residential properties will be revalued for business rates for the first time in seven years. New Rateable Values to be allocated to all commercial properties in England and Wales. Business rates are property-based tax, collected by Local Councils to fund local services. They...

04 July 2016

12 companies in Midlands region shortlisted in UK Private Business Awards 2016

12 of the most successful and innovative private businesses operating in the Midlands region have been shortlisted for the sixth annual UK Private Business Awards, often referred to as the Diamonds. The finalists have been selected from over a thousand entries from private businesses across the UK and reflect the...

10 June 2016

The Midlands regional qualifiers for the PwC Private Business Awards have been revealed

A selection of the most successful and innovative private businesses in the Midlands have been named regional qualifiers for the 2016 UK Private Business Awards. The awards seek to celebrate the best of UK private businesses and their contribution to communities and the UK economy. There were over 100 entries...

17 May 2016

PwC puts great Midlands family businesses on the map

PwC in the Midlands has helped to put the region’s family businesses on the map, as part of a national tour of some of the UK’s most successful family businesses organised by Family Business United. The Family Business Road Trip is an innovative event that celebrates the essential contribution family...

Are family businesses investing enough in innovation?

By William Dowsett It finally feels that the weather is warming up, the nights are getting longer and you can risk going to work without your hat and scarf. That can only mean one thing, no not that the "summer" is coming, but the judging is going to start for...

16 May 2016

PwC shining a light on the fastest growing family businesses in the Midlands

PwC is calling on fast growing family businesses from across the Midlands to showcase their achievements in the Midlands Family Business Awards. Sponsored by PwC, the Fastest Growing Family Business Award is one of 10 categories in the region’s only independent awards dedicated to celebrating and recognising the region’s family...

12 April 2016

The next generation of family business leaders are ambitious to drive change but struggle with getting their voices heard

70% of next generation leaders have worked outside the family business to gain experience. Almost 70% would bring in experienced non-family managers to help modernise and professionalise the workplace. More than half worry they will need to spend time managing family politics. Only 41% believe their business has a strategy...

22 March 2016

Unwrapping the 2016 Budget – is it all about the packaging?

By William Dowsett, Partner, Private Clients The 2016 Budget will probably now be remembered as the Budget for which the main headlines were stolen by the resignation of Iain Duncan-Smith, and the subsequent debate as to whether it was the cuts to disability benefit or his stance on Europe which...

Is your FD a ‘bean counter’ or a key seat at the table?

By Neil Philpott, Assurance Director, Private Business I meet a lot of entrepreneurs, many of whom are able to tell a fantastic story of how next year they will be millionaires and their idea will be the next big thing. Many have learned a thing or two in PR from...

14 March 2016

Are you making the most of the Government’s innovation tax relief?

The Government invest approximately £1.75b annually on their research and development tax reliefs’ scheme to encourage UK businesses to innovate. Companies that are engaged in research and development (R&D) activities can claim tax reliefs on the cost of these activities and for many UK businesses that means they could receive...

UK Private Business Awards 2016 – be in it to win it

By Ruby Parmar, Senior Partner and leader of the Private Business practice in Milton Keynes The nominations window for this year’s UK Private Business Awards is open and based on the number of entries we’ve already received, it’s likely to be another record breaking year. We have been lead sponsors...

Private equity backed businesses are positive about growth prospects in the next 12 months

By Steve Kentish, partner and PE leader at PwC in the Midlands At a recent dinner for PE backed businesses in the Midlands, Paul Inglett, finance director at Center Parcs UK gave a fantastic insight into the company’s recent growth story and exit transaction from Blackstone Private Equity to Canadian...

12 February 2016

PwC Next Generation Survey 2016: Take part now

Our last family business survey in 2014 found that 40% of family businesses globally intend to pass on their businesses to the next generation in the next five years. Millennials are preparing to take over as the next generation of family business leaders, but our 2014 research shows that rapid...

18 January 2016

The best kept private business secret?

With a dedicated team focussed on private businesses, PwC’s Private Business (PB) practice in the Midlands has seen dramatic growth in its market share. Here are the ten best kept secrets about our PB practice and why more and more private business owners choose to trust us as their adviser...

Do you get maximum value from your management information?

By Ruth Chapman All businesses need management information (MI). As businesses grow the need for financial and other data, and its availability in a timely, useful and meaningful format, increases. The requirement to maintain meaningful MI will be an evolutionary process. Management needs will change, business direction may change and...

14 January 2016

De-mystifying alternative sources of finance

By Sajjad Hassam While established banks remain a key source of finance for private businesses, the emergence of alternative lenders and platforms for debt gives management teams a wider set of options to consider. The established banks are often the first port of call for finance directors and management teams...

13 January 2016

The satnav has been set for the Midlands Engine

By Chris Romans Within the wonderful setting of the new Bramall Music Building at The University of Birmingham, the Rt Hon Sajid Javid, Secretary of State for Business, Innovation and Skills, started up the Midlands Engine and set the satnav. Sajid made a passionate speech about how great the Midlands...

Can a successful entrepreneur afford not to have Non-Executive Directors?

By Neil Philpott Working with entrepreneurs, the mention of 'good corporate governance' can often be met with a glazing over of the eyes, a rapid change of conversation or just seen as an additional overhead. Whilst no-one in their right mind would suggest the corporate governance requirements of a FTSE...