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19 April 2018

Private businesses demonstrate a clear commitment to open and honest reporting

Insights from PwC’s Building Public Trust Awards 2017: Excellence in Reporting in Private Business by Suzi Woolfson, PwC Partner Privately-owned businesses are subject to less stringent regulation of their corporate reporting than their counterparts listed on public stock exchanges. In general, this means they usually disclose less. However, the upside...

13 April 2018

The Family Business Road Trip 2018: Putting great British family businesses on the map

On 17 April 2018 we begin our tour of some of the UK’s most successful family businesses with the launch of The Family Business Road Trip 2018 at JCB headquarters. The Family Business Road Trip is an innovative event that celebrates the essential contribution family firms make to national GDP...

08 March 2018

International Women’s Day: Inspiring women in private business

To celebrate International Women’s Day 2018, we asked some of our private business team and private and family business contacts to share which women in business inspire them and why? Fiona Macintyre, from PwC's My Financepartner team, shares who inspires her: "Debbie Wosskow - she launched Love Home Swap which...

07 March 2018

The importance of diversity in the family business

We’re marking International Women’s Day 2018 with a special focus on Family Business. The gender gap in all forms of businesses continues to make the headlines, whether that’s a gap in pay, a gap in participation, or a gap in the numbers of women in the workplace or on boards....

27 February 2018

#PrivateBizChat: How do successful Private Businesses grow overseas? 23 March, 12.00 - 13.00

PwC's Private Business team are delighted to be hosting the next #PrivateBizChat Twitter chat on 23 March at 12pm. The chat will focus on trade and export and the opportunities and challenges for private businesses. Trade matters to the UK economy. And, as we prepare for Brexit and to leave...

23 February 2018

Family Business Road Trip 2018: Putting Scottish family businesses on the map

On 12 March we are delighted to be embarking on an inaugural two week Family Business Road Trip across Scotland to really put Scottish family firms on the map with Family Business United (FBU). The Family Business Road Trip is an innovative event that celebrates the essential contribution family firms...

05 February 2018

Nominations now open for the 2018 UK Private Business Awards

Nominations are now open for the 2018 UK Private Business Awards - often referred to as the Diamonds - which celebrate the best of UK private businesses and their contribution to communities and the UK economy. Private businesses across the UK are urged to share their stories by nominating themselves...

09 January 2018

How can non-executive directors help tackle the cyber security challenge?

By Dr Richard Horne Non-executive directors (NEDs) have an important role to play in helping private businesses define a comprehensive approach to cyber security. An outside perspective can be invaluable to executive management teams who are struggling to adapt to new digital threats. I’ve set out seven principles that boards...

21 December 2017

Private Business predictions for 2018

By Suzi Woolfson Looking ahead to 2018 here are some key themes that PwC believes will be crucial to private businesses’ continued success. Suzi Woolfson, UK private business leader at PwC, comments: Corporate governance “Private businesses are playing an increasingly influential role in the UK economy. Unsurprisingly then, the FRC...

12 December 2017

How to unlock the cash you didn’t know you had

By My Financepartner First things first, businesses don’t go bust because they run out of profit; they go bust because they run out of cash. So why do so many business owners struggle to stay on top of this? Allow me to explain where cash may be lurking in your...

05 December 2017

Do you know what your (profitable) business really is?

By Stuart Hatcher Who would have thought that selling air travel to consumers could spawn a new line in selling air miles to business? It made me wonder how many businesses are really looking at where their profits come from and thinking about how their business model could be tweaked...

01 December 2017

Christmas gift ideas to ensure success for 2018 not just succession

Christmas is a time of year to think about loved ones. For those working in a family businesses, what better than to think of gift ideas to give the next generation, which will help support their journey into the business. A round the world ticket - so they can develop...

30 November 2017

Is your SME safe from hackers?

By Katy Turner Almost daily another company falls victim to a cyber attack. In the busy run up to Christmas, this is expected to increase as small businesses, including many in the retail sector, focus their efforts elsewhere. In this short video, Asam Malik, highlights what business owners should be...

How do you come back from failure?

By Stuart Hatcher UK Olympic taekwondo finalist Lutalo Muhammad was just seconds from an almost certain gold medal when a sudden reverse kick delivered defeat and silver. Most of us would be ecstatic to win an Olympic silver medal, but for a distraught Muhammad, silver meant failure. So, what has...

24 November 2017

Blurred Lines: Project management for SMEs

By My Financepartner Big companies have people, specific teams, and funds for external providers to manage their project portfolios. But what can SMEs learn from this experience, and what should be considered when running projects in smaller businesses? Here are five things to look out for. Take a step back...

21 November 2017

Autumn Budget tax measures - could you decide?

By Rebecca Reading We're approaching Phil Hammond's first Autumn Budget. The Budget run-up is where people like me ponder what might be in store, and set out our predictions. But what would you do? We've just seen the 2017 edition of "Measuring the tax gaps", an HMRC study into whether...

17 November 2017

Autumn Budget - what's the big idea?

By Rebecca Reading The first post-election budget is normally a chance for a chancellor to raise tax, but the precariousness of the political landscape means Philip Hammond may have few options. Even if he wanted to table some big ideas, he needs to be careful. He probably needs to steer...

What could Brexit mean for staff mobility and finding the right skills?

Talking to my clients and colleagues, one of the top concerns for private businesses relating to Brexit is the potential impact on their people and employment pipelines. Finding the right staff and skills for jobs is a priority for businesses across the board, but it is especially crucial for small...

10 November 2017

What really keeps SME's up at night?

By Katy Turner When it comes to small firms' big worries, it's not finance, but managing work life balance, that is the single greatest concern of SME's. For start-up businesses just getting off the ground, the problem of having more work than you can cope with might seem like exactly...

Five tips to grow your business in 'Scale-up UK'

By Katy Turner The UK is set to continue its status as a global 'scale up' location. But, becoming a scale-up business demands a different skill set to the one you employed when getting it off the ground in the first place – now you need to manage both growth...