SMEs are important in the growth of the country, especially with regards to exporting. Unfortunately, according to a survey conducted by British Business Bank, only 9% of SMEs are exporting, compared to 44% of German SMEs, a figure reported by Federal Ministry for Economic Affairs and Climate Action. The reason for this difference could be … Continued
In this blog we will discuss what and how to use the 7Ps to structure your marketing strategy. What is the 7Ps marketing mix? The 7Ps marketing mix is a helpful tool to create an effective marketing strategy for your business. This mix was initially only 4Ps but has now expanded to include 3 additional … Continued
Changing the face of men’s health This year saw a number of our male staff taking part in Movember to help raise money for men’s health issues. Movember, otherwise known as November, is when men around the world grow a moustache, and women step up to support them, all to raise awareness and funds for … Continued
We’ll discuss the importance of creating a sense of purpose, offering competitive benefits and fostering a positive workplace culture. By following these 5 top tips to help SMEs retain staff, you’ll be well on your way to building a strong and loyal team. What is staff retention? Staff retention involves a business keeping it’s … Continued
Having a solid pitch is essential to show that you know your business inside out. Below are our top tips for how to create a winning pitch for investment. What is an investment pitch? An investment pitch is a presentation given to potential investors to explain why they should invest in your project or business. It … Continued
Working from a serviced office space can bring numerous advantages. It can provide a professional, energetic and inspiring atmosphere, with access to meeting rooms and other services allowing businesses the opportunity to focus on growing. It can also help to create a sense of community, encouraging collaboration between employees. A survey, conducted by hownow, found … Continued
Mentoring has a positive effect on loan recipients. According to the Start Up Loans Year 3 Evaluation, more than half (51%) of applicants took up the offer of mentoring support if offered. Of those, nearly three quarters (74%) reported net positive effects on long-term job prospects and 80% reported net positive effects on confidence in … Continued
In this blog post, we will explore why SMEs should have an ESG strategy, the potential advantages this strategy could offer their business and how to develop a strong ESG strategy. What is an ESG strategy? An ESG strategy is a business model which emphasises Environmental, Social and Governance responsibilities. Organisations can use an ESG … Continued
Are you an entrepreneur or small to medium sized business owner? Then there is a good chance that you are running your business from your home or a nearby coffee shop. A survey conducted by onecom, a Business Telecoms provider, found that four out of five SMEs are being run from home. As much as … Continued
This increase is the 14th consecutive rise in interest rates which is only adding to the pressure many businesses and individuals are already experiencing due to the cost-of-living crisis. So, what does the rise in interest rate mean for SMEs? What are interest rates? According to the Bank of England, an interest rate states how … Continued
