Where should a business place its priorities – with people or with profits? Here, seven of our SME Culture Leaders demonstrate how, often, the two are one and the same.
For any European-based startup or small business, regardless of industry, the benefits of international expansion are obvious. It opens up new avenues of growth, diversifies revenue streams and provides access to new talent pools.
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?
As an SME owner, you may think inclusion is an issue for large corporates. This misperception assumes it is a cost, when in fact, done properly, can become one of the best free resources available.
New research compiled by Amazon and Enterprise Nation has found that British SMEs are forecasting +1.6 per cent revenue growth despite business confidence being at an all-time low.
Some ten years ago, Caffeine opened its doors to stimulate growth for its clients. In that decade, we have worked with impatient leaders from companies of all sizes and sectors, done interviews for several books we have published and, of course, run a business which has in its own humble way grown steadily since we started.
Financial services company Fiserv has stepped in to table a £70m offer for troubled technology business Monitise, after share price erosion of 96 per cent in three years.
Ice cream chain Ben & Jerry’s won’t serve two scoops of the same flavour in Australia until same-sex marriage is made legal. Creative moves such as this has garnered the company a fabulous reputation for doing good.
Future law firms will need to put purpose before profit, offer a distinctive service and build a culture to sustain that distinctiveness.
As Hand to Hold’s education director Erika Goyer once said: “Tracking milestones is about recognising how one skill builds upon the next”. While she was speaking about parents measuring the development of their children, so too do bosses take note of their business’ highlights.
Despite teams in the Premier League posting total revenues of £3.6bn, pre-tax losses of £110m were recorded by accountancy firm Deloitte in new research.
If you are trying to improve the profitability of your business this year, it is important to identify the ways in which your business could leak profit.