Mark and Matthew Steer are the father and son duo behind Lancar, a Sheffield-based business that has scaled from IT service provider into pub acquisitions – a move which has now resulted in the launch of independent brewery Little Critters.
Archipelago Bakery owner Caroline Walsh has been in business for two years now, but although finance was required to scale the business, she decided against the backing of private investors.
Growing a business comes with opportunities and challenges – while becoming an industry leader is attractive, it comes with the risk that demand will outstrip capacity. To avoid that pitfall, you need a strategic plan – such as these five methods successfully employed by UK firms.
In an increasingly digital age, owners and managers of small and medium-sized businesses must be aware of the cyber risks out there and the techniques to prevent damage.
Employers could increase employee motivation by understanding the science behind the impact of pay and reward on employee behaviour. As such, here are five low-cost hacks to incentivising staff.
Business owners and entrepreneurs will likely benefit from a variety of digital technologies set to explode in 2016. And as the race to digital transformation progresses, we’ll start to see the leaders separate from the rest of the pack by setting a firm pace that’s fuelled by five essential ingredients.
Having previously explored the three factors that businesses needed to consider before the international stage became feasible, here are some more tips for those looking towards the overseas market in the new year.
Technology has a fundamental role to play in transforming how we do business and succeed. From handling customer orders to calling a colleague in another country, it is at the heart of all British firms.
Despite 2013 legislation stating that debtors not paying within 60 days will be forced to pay interest and reimburse reasonable recovery costs, around 85 per cent of SMEs are affected by late payments. As such, we took a look at six ways SME owners could avoid being owed money by consumers.
As the UK economy starts to recover, export activity will be critical to sustaining growth. However, there are several key factors to consider before the international stage becomes feasible – but as with most things, everything becomes easier when you know the tricks of the trade.
In May 2015, David Cameron unveiled the first “conservative-only” Queen’s Speech in nearly two decades, with a radical agenda to reform taxation and welfare. With the Enterprise Bill set to allegedly help create two million more jobs over the next five years, we took a look at the implications for SMEs – and what opportunities lie ahead.