Now is the time to prepare for the opportunities and challenges 2024 will bring
Figures released in mid-December reveal the size of the UK economy shrank more than expected in October as the manufacturing and construction sectors were hit by poor weather. Gross domestic product...
View ArticleBritish retailers and shoppers set for ‘challenging’ year ahead
Customers and retailers are set to face several hurdles in the oncoming year, the British Retail Consortium (BRC) warned. Rising living costs have led to a disappointing Christmas period as consumers...
View ArticleAI is the most important determining factor in a company’s future success
From OpenAI’s revolutionary language model ChatGPT to the creative tools of Adobe Firefly; developments in AI – especially generative AI – dominate the tech scene and there’s no sign of it abating. In...
View ArticleSMEs using personal credit to fund their businesses? The economy is broken
Since Adam was in short trousers, small firms have had to battle with cash flow issues, and it doesn’t show any sign of letting up. Based on recent research from Shawbrook nearly half of SMEs are...
View ArticleRevamping VAT system could ‘unlock billions’ for the economy
Revamping the VAT system could be the key to unlocking billions in trapped economic firepower, according to the Federation of Small Businesses (FSB). The VAT threshold, which is set by HMRC every...
View ArticleSmall businesses needs our activism
A survey of independent business owners, on behalf of Small Business Saturday and its principal supporter American Express, found that almost three quarters (74%) think it is increasingly hard to rely...
View ArticleBusinesses need to take disabled entrepreneurs much more seriously
Did you know that 25% of small business owners are either disabled or have a health condition? This is according to information published by the Federation of Small Businesses (FSB). Blackpool-based...
View ArticleWill 2024 prove to be better for SMEs than 2023?
Early in the new year is always the time of year to reflect on the previous year and to set expectations and goals for the coming year. For many businesses, especially SMEs, 2023 proved to be a very...
View ArticleA time and place for tactical innovation
I started my career working with technology companies having to deal with the constant change of Moores Law, so anything other than the long view would lead to failure. So I am in the camp that says...
View ArticleSide Hustle tax crack-down is an HMRC own goal!
Since the beginning of this year, HMRC has declared war on the thousands of UK side-hustle businesses by demanding platforms like Airbnb, ebay and Vinted ‘fess up how much their users are coining in....
View ArticleFive ways UK businesses can maximise success in 2024
While many are looking ahead to the fresh opportunity that a new year brings, business growth may be harder to find in 2024. Instead, with elevated interest rates and higher energy prices on the...
View ArticleWhy every business owner should have an exit plan
Having built a successful company, many owners are ready to leave their business and take on the next challenge. However, many do not have an advanced plan for doing so, while ensuring their assets...
View ArticleWhen Macquarie Bank and politics unite against innovation
When I established financial technology startup ProjectPay, I had a vision to transform payments in the construction industry. I wanted to build a platform that brought fairness, accountability, and...
View ArticleIntroducing the Finalists for the EB100 2024 Awards
In January, the top-ranking spot in the Elite Business Top 100 SME Business Winners 2024 was claimed by Vivup. Renowned for their exceptional wellbeing and benefits solutions, Vivup serves over 2,250...
View ArticleThe workplace of 2030: the factors that will transform work as we know it
As we navigate the aftermath of the pandemic, we’re confronted with ongoing turbulence stemming from changing demographics, technological advancements like generative AI, evolving social norms, and...
View ArticleBe inspired and educated at this year’s SME XPO event in London Docklands
There are so many standout speakers and exhibitors appearing at this year’s SME XPO event in London, that it’s difficult to single out any particular one. Backed, once again, by the Evening Standard...
View ArticleBootstrapping your business from a startup
Hi everyone. After a hiatus, I’m back to writing articles. Over the past year, I’ve been busy with some exciting projects at Dr.PAWPAW, our beauty brand, and soon I’ll be sharing updates. Now I’m...
View ArticleThe impact of Companies House price increase for SMEs
We recognise the significance of Companies House announcing an increase in its fees from 1st May 2024, and the impact on businesses, especially small and medium-sized enterprises (SMEs). The issue of...
View ArticleUK recession impacts small business confidence – but we can still inspire...
Talk of recession alone can have a significant impact on small business confidence. In our new report with TSB Bank, How to Start and Restart, we found that while two thirds of small firms were...
View ArticleSeven common things destroying leaders’ well-being
Well-being refers to a life lived healthily, including finance. The person and their circumstances or a combination influences it. For leaders, there are extra components, their position, power, and...
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