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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...

How SMEs can cash in on CEOs’ push for organic growth

By Neil Loveday In a climate where economic growth rates are low and likely to remain so for the foreseeable future, one might think CEOs would look to merger and acquisition (M&A) activity as their most likely route to enhanced revenues and profitability. However, PwC research suggests the vast majority...

The secret to successful scale-up financing: 10 steps to get investors on side

By My Financepartner Even with a product that sells, cost-effective marketing and the ability to generate a profit many businesses can still struggle to raise further funds. You need to spend time to get to know investors, to understand their needs, goals and motivations to succeed at funding. As someone...

5 steps to go from tone deaf to perfect pitch

By My Financepartner There’s no point in beating around the bush; pitching can be terrifying. No matter how many years’ experience you’ve got under your belt, seeking investment can be hard work and high stress. Because - and there’s no gentle way to put this – it’s not just your...

The 3 steps to better scale-up staffing strategy

By Lynelle Peck Your staff are one of the most important barometers of your startup’s success. We could argue they’re as important as your cashflow – after all, this is the team that will help your efforts to bring in more money and expand. In the beginning, your team might...

Food for thought: How data is the secret ingredient for fast-growing consumer businesses

By Jess Mantell From restaurants and bars to the food and drinks served within them, succeeding in this sector relies on both a passion for your product and a keen eye for finding cost and operating efficiencies. At a recent roundtable for CEOs, we heard about what was on the...

09 November 2017

Looking for funding? What are your options?

By Richard Abrahams You’ve had help from all of your family and friends, you’ve exhausted the options of government grants and R&D tax credits and you’ve invested out of your own pocket. You’ve been through some of the initial growing pains, you’ve earned your spurs bootstrapping the business and now...