The Supper Club took a look at whether entrepreneurs understand how best to use external funding to grow their businesses.
Growing A Business
Much has been said over the years about scaling businesses being crucial to boosting the UK economy. However, it seems SME growth ambitions often come to a halt due to a lack of confidence.
The year 2017 was set to be the best yet for companies spinning out from university, according to a new study from law firm Penningtons Manches. Through the year, spin-outs raised more than £1bn.
When you’re starting out in business, you are unhindered by the legacy of previous systems and processes. Working from a blank piece of paper, you are free to be agile and creative to push forward your innovative ideas.
The smart city will soon be found in most countries thanks to numerous companies making the most of the internet of things. One such SME is Telensa, which aims to make streetlights more efficient.
Real Business met George Hammer, creator of The Wedding Gallery, who hinted that cohesion on par with a football team, as well as Harry Potter-esque hidden doors, had a part to play in ramping up the department store’s “magic factor”.
Extra funding can be a huge boost for any small business with a burning desire to expand. But how should you spend an influx of cash? Should you go for growth or profit?
A report launched by Mind the Bridge and Cisco claims the UK has become “the epicentre of tech scale-up” in Europe.
Your business is expanding. You’re obtaining more customers, establishing offices world-wide and filling holes in production as well as acquiring additional skill sets from new staff. But hopefully you set out some core values beforehand.
Here are seven guiding principles that I have relied on through my 20 years of working with organisations. Their purpose is to stimulate your thinking about the critical challenges and opportunities in improving and growing your business.
The UK is full of inspiring and healthily-growing companies and Real Business will shine a light on the achievements of such firms through our Amazon Growing Business Awards 2017 in a period mired with uncertainty.
We’ve long deemed access to be the biggest barrier to external funding, but a survey has claimed it’s a false perception.