1. Cash flow is more important to monitor than profits. Too many business leaders rely on the monthly profit and loss (P&L) statement to gauge cash flow. Your P&L is important, but it’s not an accurate picture of the cash flowing into and out of your business. The cash flow statement is the go-to document […]
News and Blog Articles
Tips on how to pitch to potential business investors
Funding can be key to the success of a business but securing the deal can be daunting. As a new entrepreneur, drawing up a meticulous business plan is often just the beginning – it’s the investment that brings an idea to life. Achieving investment bridges the gap between having a great idea and building a […]
15 Common Pitfalls To Avoid As A New Business Owner Or Entrepreneur
It’s often said that you don’t know what you don’t know. As an aspiring entrepreneur, there will be many aspects of your journey that may catch you off guard or downright confuse you. While this is normal, some areas of ignorance can impact your chances of success. 1. Losing Sight Of The Big Picture In […]
How To Make Yourself Attractive To Small Business Investors
You’ve finally found your passion and launched that dream business only to find it challenging to get funding. You’re scratching your head because you have a solid business plan, yet the pounds aren’t rolling in. The truth is that potential investors look at you, the entrepreneur, as the investment. Not the business idea. In other […]
Brexit workshops get small businesses ready to trade
The Department for International Trade (DIT) has held 130 Brexit workshops for small businesses trading with the EU, and will soon launch a new market access database for UK traders. DIT invited thousands of small business traders to bespoke workshops, helping them develop personalised plans to continue and increase their trade after we leave the […]
Over 200 businesses started each week through DWP scheme
The New Enterprise Allowance (NEA) scheme has helped launch 203 businesses by unemployed benefit claimants on average each week in the UK, since 2017. Older claimants and people in the North West in particular have shown entrepreneurial skills. Helping unemployed people become their own boss as a route from claiming benefits, the NEA scheme offers claimants a […]
Entrepreneurs’ tax break fails to boost investment, finds IFS
The chancellor, Sajid Javid, has been told by Britain’s foremost tax and spending thinktank that tax breaks for business owners give the rich an unfair advantage and fail to boost investment in the UK. Before Javid’s first budget next month, the Institute for Fiscal Studies (IFS) said low rates of capital gains tax on business income did […]
The Pawfect Mentoring Relationship
We are diving into the mentoring relationship between Anastasia Georgiou of Lloyds Bank and mentee Louise Nelson. Mentee Louise runs Yorkshire Paws a professional dog sitting, walking and transportation service based in Leeds, UK. Anastasia has over 24 years experience in the wealth management & financial services domain working at renowned banks as well as […]
The Customer Is Always Right is looking for Entrepreneurs & Inventors!
The Customer Is Always Right is an exciting series that follows budding entrepreneurs from across the UK as they try to make a success of their inventions. They are making everything from pet accessories to health and beauty products, home and garden tools, to children’s gadgets. Each episode of The Customer Is Always Right will feature three entrepreneurs, […]
The 2019 National Enterprise Network Annual Conference
This flagship event is sponsored again this year by Barclays and takes place on Friday 22nd November 2019 at the prestigious Barclays offices in Canary Wharf, London. This one day event dedicated to Unleashing Innovation in Enterprise offers fantastic networking opportunities and an impressive programme to inspire and encourage new thinking as to how an innovative […]