The number of female entrepreneurs has not increased in recent times because the vast majority of women lack the confidence to start up their own firm, one expert has claimed.Female business support network everywoman says that women are also more risk averse, so the gamble involved with initiating a new enterprise is more likely to […]
Posted on 27th September 2007 in General business.
Small businesses must be careful not to start-up too quickly or over-stretch themselves early on, the Federation for Small Businesses (FSB) said yesterday (September 6th).According to the FSB, it is critical that small enterprises have a "sustained period of preparation" in which to set their business afloat and that it was also important to know […]
Posted on 6th September 2007 in General business.
The British Chamber of Commerce (BCC) has recommended that small businesses make sure they engage in networking, especially if they are keen to develop their enterprises.According to the BCC, all small businesses should be aware of networking and its benefits and have advised that interaction with people is "the only way of getting your business […]
Posted on 3rd September 2007 in General business.
Small firms must actively compare the different business bank accounts they can open to make sure they are getting the best deal, according to a leading industry group.The Forum of Private Business (FPB) made its call after the Competition Commission provisionally decided to lift the price controls imposed on the UK’s main four banks.In 2002 […]
Posted on 31st August 2007 in General business.
The operating environment for small businesses in the UK is strong, according to new official figures, with last year seeing a large jump in the number of new firms.Figures released by the Department for Business, Enterprise and Regulatory Reform show there were roughly 4.5 million companies operating in Britain at the start of 2006, an […]
Posted on 29th August 2007 in General business.
Small companies can take a series of easy steps to help guarantee they are offering a safe working environment for their employees, according to the Health and Safety Commission (HSC).The regulatory oversight body stresses that risks can never be completely removed, but by offering proper training on all machinery and potentially dangerous procedures employers can […]
Posted on 29th August 2007 in General business.
The bureaucratic burden of government rules and regulations falls unevenly on the small business community, according to a leading business group.According to the head of regulation at the Institute of Directors (IoD) larger companies are not as burdened by red tape because they are better adapted to deal with its demands.The expert also warned that […]
Posted on 24th August 2007 in General business.
New pledges from a Conservative policy group to reduce the regulations on businesses are welcome but must be followed with action, a business lobby group has said.The conclusions of the working group chaired by John Redwood include cutting business rates to boost competitiveness citing Ireland as a successful example of this, simplifying regulations, and […]
Posted on 21st August 2007 in General business.
The government needs to do more to protect small businesses against the uncertainty and financial problems that can arise from late payments, a business lobby group has said.An Institute of Directors (IoD) poll of the main worries facing small- and medium-sized business owners found late payment still topping concerns, with insufficient business finance and the […]
Posted on 20th August 2007 in General business.
The operating practices of the UK’s large supermarkets are making life extremely difficult for many of their small suppliers, a business advisory group has warned.In an interview with the Sunday Times Duncan Swift from Grant Thornton described as "unreasonable" the financial pressures small firms are sometimes put under, with margins often under severe pressure as […]
Posted on 17th August 2007 in General business.
School leavers looking at their options after finishing their A-levels are being encouraged to consider starting a business rather than going to university.The Federation of Small Businesses (FSB) believes that for many young people this could be a more rewarding and ultimately more successful career choice.The industry body points to previous research that found just […]
Posted on 16th August 2007 in General business.
The series of interest rate rises may result in a hostile operating environment for many small firms, new figures from the British Chambers of Commerce (BCC) suggest.New data in the BCC quarterly forecast put economic growth for the remainder of 2007 and most of 2008 below its recent trend, with further downward revisions possible.GDP growth […]
Posted on 14th August 2007 in General business.