4,197 companies became insolvent between January and March this year, while 484,000 UK businesses are in significant financial distress, often a prewarning of insolvency. The Insolvency Service has reported that construction, administration and retail were the worst affected financially from the impacts of higher wages and pension auto-enrolment costs. Mike Cherry, chairman of the Federation […]
Author Archives: Nathan
6 Things you didn’t know about entrepreneurs
1. It gets lonely at times! Until you get around to employing other people, business owners are on their own. Don’t be disheartened when friends and family don’t demonstrate the same enthusiasm for your enterprise as you do, you need to prove your company’s value and worth to get even the closest people to you […]
10 Habits of Successful Entrepreneurs
Create a routine Routines can make us much more productive in the long run. Even if it takes you time to get into your new routine, if it’s well thought out and provides you with realistic daily opportunities to achieve the tasks you need to, a routine is the way forward. Keep the mornings for […]
Reflecting on the Rose Review
In the UK, we have one of the worst records for levels of female entrepreneurs. Alison Rose, CEO of Natwest’s Commercial and Private Banking has reviewed the situation and encouraged some realistic solutions to enhance the UK’s support and funding for female entrepreneurs. Firstly, advancing female entrepreneurship represents a £250 Billion opportunity for the UK […]
How beneficial is Prison Education?
In 2015 The Ministry of Justices’ Dame Sally Coats said, “If education is the engine of social mobility, it is also the engine of prisoner rehabilitation.” but just how effective is educating our prisoners? There are pros and cons to educating our prisoners. Many argue that it costs the Government too much of the tax […]
What can business owners learn from Jamie Oliver’s fall into administration?
Jamie Oliver’s restaurant chain has gone into administration. It most likely comes as no real surprise to Oliver going on an interview he gave to the Financial Times under a year ago when his company first started to experience some issues. “We had simply run out of cash” he said, referring to the end of […]
Ensuring Gender Equality within your Business
With 47% of the UK’s workforce being women, it would seem that there isn’t really any need to balance out the gender roles in our country. That being said, the gender gap still remains evident. For example, in the main occupational groups, the gap is 4.8% and in the skilled trades occupations it is up […]
Making the most of Mentoring
Mentoring in the UK can sometimes be seen as a British predicament. It’s thought that the UK aren’t very good at utilising our resources when it comes to mentoring and there are few who know why. Maybe it’s because we Brits are inclined to feel like we would be imposing on someone when asking them […]
Awards Galore
IOEE Academy Natwest is prepping up for this year’s Great British Entrepreneur Awards and they’re looking for specifically entrepreneurs from the North East. Categories range from the Entrepreneur for Good Award, Scale-Up Awards, Health & Beauty Entrepreneur of the Year Award, Entrepreneurs’ Team of the Year Award and so on. Founded in 2013, the NatWest […]
Why Entrepreneurs Need To Look After Their Mental Health
It is Mental Health Awareness Week and we’re looking at different perspectives on mental health. Over the last few years, mental health and the encouragement of mental health has become more prominent within our society. Apparently, entrepreneurs are more susceptible to poor mental health and here’s the reasons why… STRESS This might seem a little […]