95 posts categorised "SME"

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...

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...

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

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

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...

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...

14 September 2017

There are two types of business when it comes to cyber

Written by Rob May I was at conference two years ago and the FBI were talking about cybersecurity. They made the statement that there are two types of business, those that have suffered a cyber-attack and those that will. A few months ago I was at another meeting and the...

16 June 2017

Private Business Awards 2017 shortlist revealed

The shortlist for the seventh annual Private Business Awards, sponsored by PwC, demonstrates the private business sector’s strength across UK regions and industries. Finalists include fashion, food, financial services and healthcare companies amongst many others, selected from hundreds of nominees. The awards were set up in 2011 to celebrate the...

17 May 2017

Boost your cashflow by claiming R&D Tax Credits

The UK Government recognises that encouraging innovation is a vital component in a strategy for improving the UK’s productivity, performance and competitiveness. As a result, the research and development (R&D) tax credit scheme for small and medium sized enterprise (SMEs) was set up to fund and encourage greater innovation in...

16 March 2017

Global private companies confident about own prospects but underprepared for cyberattacks

Private companies are confident about their own prospects but underprepared for cyberattacks, according to a new global press release from PwC. Key findings from the global report include: Only 68% of private company CEOs are concerned about the speed of technological change 41% of private company CEOs are not concerned...

16 January 2017

Nominations now open for the 2017 UK Private Business Awards

Nominations are now open for the 2017 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...

23 November 2016

Autumn Statement 2016: Private Business implications

(Mainly) expected changes for private businesses and their owners Some of our team reflect on the Chancellors first Autumn Statement and explain what some of the measures might mean for private businesses. In his inaugural Autumn Statement and the first major economic announcement since the Brexit vote, Chancellor Philip Hammond...

Autumn Statement 2016: Focus on R&D

Chancellor Philip Hammond delivered his first Autumn Statement announcement today (23 November 2016). Kevin Nicholson, head of tax at PwC, comments on R&D: "This was a fairly business friendly statement. The commitment to innovation and productivity plays to the UK's strengths - we're a big producer of intellectual property. Anything...

22 November 2016

Yorkshire well placed to lead the fourth industrial revolution

By Katy Turner The recent Masters of the Revolution report sets out recommendations to create a pro-enterprise environment which plays to the strengths of Yorkshire's creative entrepreneurs. In what is dubbed as the Fourth Industrial Revolution (4IR), the report urges the Government to look to the regions to help drive...

19 October 2016

Growing your business - October edition

Welcome to the latest edition of PwC's Growing your business. Each edition should provide you with useful insight and tips and experiences from other Private Businesses, so you can apply the things that will work best in your business to support your long term growth. In this edition: We shine...

06 September 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...

01 September 2016

Tech breakthroughs drive business success - but how are you funding your tech investment?

Technology is transforming the worlds of work and leisure – and even transforming itself - and PwC recently released a Tech breakthrough report revealing the top eight essential emerging technologies. While these key emerging technologies, such as Blockchain, artificial intelligence and 3D printing, may not be a surprise to many...

08 July 2016

Nifty R&D helps small businesses claim R&D Tax Credits online

PwC recently launched the UK’s first online R&D claim preparation tool, Nifty R&D for start-ups and small companies. What is Nifty R&D? Did you know that companies carrying out R&D can make an R&D claim and receive cash back from HMRC of up to 33% of their R&D expenditure? Many...

04 July 2016

The surge in FinTech start-ups – but are they pursuing all the R&D funding available?

The growth of the FinTech sector is exceeding all predictions and continues to play an influential role in the Financial Services industry, driving innovation and threatening to disrupt existing, well established businesses. According to the recent PwC global Fintech survey, funding of FinTech start-ups more than doubled in 2015 reaching...

27 June 2016

SME growth strategies in a post Brexit world

Webcast: 6 July 2016, 3.00pm BST The UK has voted to leave the European Union. Whilst it’s far too early to draw conclusions on the long impact to UK SMEs, business owners cannot afford to sit back and wait. In our webinar on 6th July at 3pm, Sage and PwC...

20 June 2016

'Accelerate with PwC' on 1 July

PwC is proud to be an official supporter of ACCELERATE, the signature event of International Festival for Business 2016 (IFB2016). The event is taking place on the last day of IFB2016 on Friday 1st July 2016 at the main festival venue, Exhibition Centre Liverpool. ACCELERATE 2016 Big name speakers, 800...

18 June 2016

SME E-News: Growing your business - latest edition

Welcome to the latest edition of PwC's Growing your business. Each edition should provide you with useful insight and tips and experiences from other SME's, so you can apply the things that will work best in your business to support your long term growth. In this edition, we focus on...

13 May 2016

Growing your business - May round up

Welcome to the latest edition of PwC's Growing your business newsletter. Each edition should provide you with useful insight and tips and experiences from other growing businesses, so you can apply the things that will work best in your business to support your long term growth. This edition includes a...

12 May 2016

IFB 2016: Writing the next chapter - 30 June

Whatever your next step in business, big or small, we can help you think in unexpected ways about how you move ahead Date: Thursday 30 June 2016 | 9am-3.30pm Location: IFB2016, Exhibition Centre Liverpool Attend our free one day event at IFB2016 designed to help you think differently about how...

06 May 2016

Creating the right company culture

Guest blog by: Anthony Boe, Business Growth Hub As Richard Branson said ‘There’s no magic formula for great company culture.’ The idea of a company ‘culture’ is one that is of concern to many business owners as an important aspect of their company, and one that is discussed with business...

28 April 2016

PwC seeks young fast-growth companies in Northern Ireland for 2016 Ignite technology race

Ignite – PwC’s accelerator programme for young Northern Ireland technology companies, is looking for its second round of fast-growth companies to help them break into international markets in 2016. Launched in 2015, four local companies won places on the Ignite accelerator programme. This year, five of Northern Ireland’s most dynamic,...

07 April 2016

Great Innovation Challenge 2016

As proud supporters of the International Festival for Business 2016 (IFB2016), PwC is running the Great Innovation Challenge 2016, in partnership with the GREAT Britain campaign, to find innovative businesses to showcase at the festival which takes place in Liverpool from 13 June to 1 July. IFB2016 is fast approaching,...

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...

04 April 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...

22 March 2016

SME E-News: Growing your business - latest edition

Welcome to the latest edition of PwC's Growing your business. Each edition should provide you with useful insight and tips and experiences from other SME's, so you can apply the things that will work best in your business to support your long term growth. In this edition, we focus on...

29 February 2016

SME E-News: Growing your business - latest edition

Welcome to the latest edition of PwC's Growing your business. Each edition should provide you with useful insight and tips and experiences from other SME's, so you can apply the things that will work best in your business to support your long term growth. In this edition, we focus on...

24 February 2016

From management to leadership

From management to leadership: Exploring the journey for private business leaders PwC's Private Business team hosted their fifth #PrivateBizChat Twitter chat today, 24 February, 12.30pm - 1.30pm. We were delighted to be joined by Sage (@SageUK) as our external guest experts, who joined the chat to explore the chat themes...

23 February 2016

PwC goes back to school with CEOs - and it’s the best thing since sliced bread!

PwC is joining forces with the School for CEOs to help strengthen Scotland’s pipeline of aspiring senior leaders and deepen the skill base of existing CEOs. Over 30 attendees from private businesses across the country are taking part in a morning session at PwC’s Edinburgh office today (16 February), with...

18 February 2016

Alternative Finance: A sector in transition

The 2015 University of Cambridge/ Nesta Alternative Finance report confirms strong growth across the sector. Going forward, we think growth will continue but expect the number of platforms to fall (100 is unsustainable). We also note fraud and failure are cited by the industry as being chief concerns which echoes...

17 February 2016

Strategy made simple in a digital world

Author: Carlo Gagliardi, Partner, PwC UK I’m an enthusiast. When I was young it was aeroplanes, then for years it was business strategy. Now, it’s digital. Though it would probably be more accurate to say that my second passion has morphed into my third - because these days, business strategy...

02 February 2016

SME Surgery: How important is cyber security for businesses today?

By Asam Malik How important is cyber security for businesses today? Is everyone at risk, or are some businesses more attractive targets than others? Often, it is just opportunists doing it for fun but if you go further up the food chain you will find cases of organised crime and...

25 January 2016

SME E-News - Growing your business: Getting 2016 off to the right start

Welcome to the first SME 'Growing your business' e-news of 2016. Each edition should provide you with useful insight, tips and experiences from other SME's, so you can apply the things that will work best in your business to support your long term growth. On Tuesday 26 January we are...

21 January 2016

#PrivateBizChat: 24 February, 12.30pm - 1.30pm

From management to leadership: Exploring the journey for private business leaders PwC's Private Business team are hosting their fifth #PrivateBizChat Twitter chat on the 24 February, 12.30pm 1.30pm. We are delighted to announce Sage as our external guest experts, who will join the chat to explore the chat themes and...

15 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...

21 December 2015

Sharing is caring

It’s good to share. Sharing is something we teach our children the minute they learn to snatch something from a playmate, but the truth is that learning to collaborate is something that remains a crucial life skill for all of us. Working with private businesses and entrepreneurs, one of the...

17 December 2015

SME E-News: Growing your business - December 2015

Welcome to the final 'Growing your business' e-news of 2015. The December edition is packed with useful insight for growing businesses and includes a look at the latest economic outlook; tips on managing your talent from apprenticeships to payroll and; Chris Romans, Private Business partner discusses how businesses can achieve...

15 December 2015

#PrivateBizChat - Cyber and the new General Data Protection Regulation

Head of PwC's Private Business team Suzi Woolfson hosted the third #PrivateBizChat Twitter chat today (15 December) on the topic of cyber and the new general data protection regulation between 12.30pm - 1.30pm. As threats continue to mount, understanding and managing cybersecurity risks has become top of mind for leaders...

09 December 2015

Private Business: The 'Golden Age'

Chris Romans, Midlands Private Business leader discusses the core opportunities for private businesses and how they can achieve sustainable growth in 2016. Contact details: Email: Chris Romans Tel: +44 (0)121 265 5432 Twitter: @chrisromans1

07 December 2015

Grow your business through Professional Apprenticeships and Business Training

Over the next 3-4 years, up to £250m of government funding is available for employers to invest in business skills development. We were selected by the government to manage the fund and design and deliver appropriate professional & business skills development training for Apprentices. The PwC Professional & Business Apprenticeships...

04 December 2015

Skilled for the future: simplifying the UK skills system

The skills system in the UK has been the subject of significant change over the last 10 years, with new funding agencies and policies, new qualifications and a greater focus on employers’ needs. However, the UK is still facing a shortage of skills and the complexity of the current system,...

SME Tips: Five things every payroll manager should consider

Payroll management is crucial to the effective running of any business - particularly as it’s likely to be your organisation’s single largest expense. That’s why it’s crucial to have the right payroll management system in place. Payroll management - what’s changed? Payroll management has grown in recent years to become...