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FSB Reports Increase in Confidence Amongst Smaller Businesses

FSB logo

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.

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Small Businesses in the UK Suffer Consequences of Late Payments

Money trap

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.

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Companies Made Simple Review

Companies Made Simple Review

Rated #8 Best UK Company Formation Agent Overall Rating: 9.2 Ease Of Use = 8.5 Value For Money = 9.0 Customer Support = 9.5 Services Offered = 9.7 PROS: Wide range of services offered Links to accountancy firm Largest UK formation agent CONS: Occasionally confusing website Prices shown don’t include VAT Companies Made Simple is … Read more

Problems with Suppliers Costing UK Businesses Billions

Suppliers Costing Businesses Billions

For most business these days, particularly smaller businesses, being able to cut back on unnecessary costs has become vital due to the tough financial and economic climate.

However, according to a recent report many firms are losing huge amounts of money as a result of problems with suppliers. In fact, it is claimed that resolving problems with suppliers is costing companies in the UK in excess of £10 billion every year – money that businesses, especially small ones, cannot afford to lose.

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Small Businesses Steer Clear of Bank Borrowing

Money in £20 notes

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.

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SetupaCompany Review

SetUpACompany review

Rated #12 Best UK Company Formation Agent Overall Rating: 9.0 Ease Of Use = 8.7 Value For Money = 8.5 Customer Support = 9.3 Services Offered = 9.5 PROS: Free one month accountancy trial Company bank account + cashback Formations completed within 48 hours CONS: Long wait to claim cashback Too many packages to choose … Read more

Small Businesses Crucial in Bid to Increase Foreign Trade

Foreign trade decrease

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.

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Small Business Saturday to be Launched in December

Small Business Saturday logo

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.

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Prime Minister Outlines Plans to Support Small Businesses

David Cameron

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.

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