The economic difficulties we’re facing at the moment are not going to be fixed by a magic spell or the wave of a wand. The next best thing the coalition can do for business is provide as much consistency as possible in terms of governance and a regulatory framework. No big changes. No messing. Just leave entrepreneurs to it.
“I woke up this morning…daa da-da…my gain had gone”. Looks as if that will be the latest adaptation of that old Blues riff that we shall all be singing along to. I, of course, refer to impending CGT rises – back up to 40 per cent or even onwards to 50 per cent.
Forget King of Shaves’ shaving bonds, you can now sink your teeth into chocolate bonds. High street chocolatier Hotel Chocolat is hoping to raise £5m to fund its expansion by selling the chocolate bonds.
Equity finance is a way of financing your business without having to give personal guarantees or security in your business. But you do have to surrender a certain percentage. Is it worth it? Here’s what you need to consider before opting for equity finance.
What do the successful do differently from the rest? The Directors’ Centre Magic Million Survey compared and contrasted the attributes, traits and characteristics of successful entrepreneurs with their less successful counterparts to find out the answer.
The immediate focus of my week is – quelle surprise! – recruitment.
Second-in-Charge and I went on an “assertiveness course” in Cambridge last week, which was fascinating. Lots of useful content but will have to start practising being assertive. Sadly, I’m not going to change all my bad habits in one go.
What do you need to understand about the next wave of technological change? Meet our visionary panel from the 2010 Investec Entrepreneurs’ Summit: Brent Hoberman (MyDeco.com), Obi Felten (Google), Jos White (Notion Capital), Martin Raymond (The Future Laboratory), Barak Rabinowitz (Amuso) and Francois Mahieu (Orange).
Should VAT increase or be spread to other sectors? Plus: employees demand pay rises; red tape costs us £90bn; and experts say that entrepreneurial drive comes from “something traumatic” in your childhood.