By Emma Dungey, Head of Operations, Verus360. As more of the UK’s small-to-medium-sized enterprises (SMEs) turn to alternative finance (AltFi) for funding, the sector is growing at a staggering rate. We have seen a 43% increase in SME AltFi in the last year alone, with £76bn of AltFi currently in use by SMEs, according to […]
By Hannah Campbell, Operations Director at The Work Perk A recent study by Grant Thornton reveals the outlook for exporting businesses is strong, especially across Europe. However, market access issues remains the most common barrier facing international exporters, affecting both small and medium-sized enterprises (SMEs) and large companies alike, with each new market presenting its […]
The internet is full of stories about entrepreneurs that have grown their business at break neck speed. After coming up with an idea, they’ve focused on turning that idea into a success with dogged determination. But what do these companies do that separates them from businesses experiencing slower, or even static growth?
Over my career, I have observed people with different personalities, backgrounds, and behavioral styles achieve success in life. Many times I wondered if there was a reoccurring theme running through their success stories that would clearly illustrate what creates success.
Your people have the potential to be your strongest brand ambassadors. The first step towards this is ensuring they feel engaged and understand the brand, fostering a real connection to the business. How can you achieve this as a business owner? Here, I will talk you through the practical steps to make your brand aspirations happen.
The general election bought with it much promise for the UK economy, not least a Conservative commitment to triple the number of start-up loans to businesses to 75,000. If that wasn’t welcome news enough for the UK’s estimated 5.2 million small businesses and potential start-ups, details announced in the Chancellor’s Summer Budget recently bought more good news; an increase of the Annual Investment Allowance (AIA) and a drop in corporation tax.
In today’s competitive market, it is harder to stand out from the crowd. Some companies are more forward-thinking than others. Companies with a mission and a higher purpose besides driving profit will be the big winners in the future. Why is that?
A main engine for business growth is customer referrals. It’s what people say about you when you are not in the room. Rather than investing heavily in marketing, focus your resources into generating a positive and memorable customer experience.
Our latest research tells us that more small businesses in need of funding sought alternative finance rather than a bank overdraft in the last 12 months, and only marginally more sought a bank loan.
A ground breaking PwC study shows a deep correlation between innovation and growth for all businesses. Given today’s corporate growth imperative, and the leverage gained through innovation, it’s important for organisations to make smart investments.
Posted on 29th July 2015 in Business Growth.
Exporting is big business. For European countries, the majority of exporting happens within the European Union but the US and, increasingly, China are important markets. Exporting is a key economic driver.
In today’s fast-moving environment, change is a crucial element of any business. Businesses that fail to change – fail to develop and grow. However introducing change needs to be managed carefully to ensure that it is positive for the organisation, employees and customers.
Posted on 21st July 2015 in Business Growth.