I read an article the other day by Cisco’s director of cyber security about why security short-sightedness could spell disaster for SMBs. He argued we’ve had years to learn about human behaviour in the physical world but in the new digital one we’re still playing catch-up from a cyber-security perspective. So why don’t rational business owners and managers put as much common sense into taking precautions over the physical security of their IT systems?
The Small Business, Enterprise and Employment Act has received Royal Assent, making it an official law to help entrepreneurs as they look to establish a company.
Alternative finance is no longer a baby industry, as peer-to-business lending hit the £1bn mark in 2014, growing by over 200 per cent year on year. But recent survey data from UK Bond Network shows that 42 per cent of smaller companies aren’t aware of alternative finance options available to them.
We are well aware that we live in uncertain international economic and political times, with little likelihood of that changing any time soon. The goal for business owners in 2015 should be building greater business resilience, because it is essential for future productivity and growth.
The number of women starting businesses has increased more than those started by men, but studies show women still lack support to take their business to the next level. A free online tool has been launched to help women find out where their strengths and weaknesses lie.
Santander's Breakthrough Summit in Leeds has rallied the UK's SMEs together, while celebrity entrepreneur Myleene Klass took to the stage to back the bank's commitment to support 5,000 companies to move overseas.
In the last session of prime minister's questions before the general election, David Cameron promised the Conservative party will not increase VAT if they come back into power.
According to the 2015 Lloyds Bank UK Business Digital Index although 100,000 more SMEs are seeing the benefits of being digitally enabled there are still around 1.2m organisations that lack basic skills such as running a website, using e-commerce, social media or online banking.
A study from the Royal Society of Public Health (RSPH) has revealed the places in the UK with the unhealthiest and healthiest high streets.
Flexible working is more than just a buzzword or a short lived fad, it is quickly becoming a serious competitive advantage for those businesses that put the concept into practice. There has never been a better time to embrace it with the influence of technology enabling people to live and work in ways that were previously impossible. Why then do so many businesses have yet to move on from the days of punching clocks and coats on the backs of seats?
As small businesses look for new ways to raise money from investment other than through bank loans, invoice financing has been growing rapidly. Advocates include Lord Digby Jones, former president of the CBI and a trade minister under the last government.
A YouGov survey looking at business attitudes to internships has found that 58 per cent of British businesses have never used an intern and 37 per cent of businesses source their candidates through friends and family.