Tag Archives: government schemes

Government Backed Business Tour to Encourage Growth Amongst Start-Ups

Small businesses and start ups across the UK will be receiving support and encouragement to assist their growth thanks to a government backed road show that will take place over the course of this year. The Get Growing! The Great British Business Roadshow will be heading out to close to a dozen cities over the course of this year in a bid to try and both encourage and help smaller businesses to grow.

The initiative has been backed by the Department for Business, Innovation, and Skills, and is being headed up by FreeAgent, which is a leading cloud accounting company that provides services for small businesses and sole traders in the UK. A range of other big name companies are also involved in the road show, which includes Elance and Paypal.

BBA Claims Banks Willing to Lend to Small Businesses

Over recent years, lending levels amongst banks to small businesses has waned resulting in businesses losing confidence when it comes to getting finance.

The issue has led the government to come up with schemes such as the Funding for Lending Scheme in a bid to get banks lending to small businesses again to help boost the economy.

FSB Reports Increase in Confidence Amongst Smaller Businesses

Over recent years, confidence levels amongst both consumers and small businesses have taken a knock, driven largely by the difficult financial and economic climate.

However, according to a recent report from the Federation of Small Businesses, there has been a notable increase in optimism and confidence amongst small businesses across the nation.

Small Businesses in the UK Suffer Consequences of Late Payments

Over recent years, many people across the UK have decided to start their own businesses.

This has resulted in a new wave of small businesses that could potentially have a huge positive impact on the country’s economy.

However, for any small business that is still in the throes of growth cash flow can be a big problem and this is an issue that is being made worse by late payments.

Small Businesses Steer Clear of Bank Borrowing

In years gone by, one of the main forms of funding for small businesses was bank credit.

This was not only to help small businesses get off the ground as start ups but also to help them to grow and flourish through increased financial investment.

Small Businesses Crucial in Bid to Increase Foreign Trade

The government has been quite vocal about the fact that, as part of its drive to improve the British economy, it plans to focus on increasing UK exports over the coming years.

In fact, ministers have said that by 2020 they hope to have doubled UK exports by securing higher levels of foreign trade.

Small Business Saturday to be Launched in December

Over recent years, it has become increasingly important for small businesses across the UK to try and generate more trade.

With the record numbers of new small businesses being created, this has become more and more vital but with tough competition from the bigger players many small businesses struggle to raise awareness and boost business.

A new scheme that is set to be launched in December of this year could help to change all of this.

Prime Minister Outlines Plans to Support Small Businesses

Over recent weeks, the leader of the Labour Party, Ed Miliband, has wasted no time in highlighting how the party will take steps to assist and aid small businesses if it comes into power at the next general election in 2015.

However, Prime Minister David Cameron is making sure he doesn’t rest on his laurels, outlining his own plans for aiding small businesses.

Labour Plans to Get Small Businesses on Side

As the Labour party battles to try and win over voters in the next general election in 2014, Labour leader Ed Miliband seems determined to try and get not only individuals onside but also small businesses across the UK.

In a bid to try and get small businesses onside, Labour intends to become the party that works hard for small businesses, albeit at the expense of large corporations.

The Labour party is promising that if it is voted into power next year, it will be slashing business rates for small businesses.

Business Start Up Schemes: Lack of Awareness Stunts Business Growth

Over the past few years, the UK government has introduced a range of initiatives to aid the development of small businesses, which in turn could help to aid the growth of the economy.

With everything from free workshops and mentoring through to funding schemes for entrepreneurs, the government has found a wide range of business start up schemes which aim to support and back small businesses in the UK.