Brits don’t need to take risks or even have an original idea to start a business, a new study has suggested. A report by think tank Demos, which observed 1,000 business owners across the UK, has concluded that the majority could make ‘safe’ decisions to succeed in the world of business. The results of the report, […]
Running a business is more viable than employment, say business owners
Running a business is a more viable career choice than employment, according to British entrepreneurs. In a new poll of 500 British business owners, more than half claimed that youngsters could have more success starting their own business than they would looking for a traditional job. According to hrmagazine.co.uk, almost half claimed that the economic […]
Global Entrepreneurship Week approaching
Business leaders are gearing up for this year’s Global Entrepreneurship Week, which will be taking place between 12th and 18th November, bytestart.co.uk reports. The event takes place in 115 countries around the world. It sees experts and established businesses offer help to new entrepreneurs on a local/national scale as they look to start a franchise or […]
Increased marketing efforts could lead to improved sales, says expert
An expert is urging small and medium-sized enterprises (SMEs) to step up their marketing efforts if they want to see increased business and turnover, managers.org.uk reports. Marketing guru, Stefan Drew says that smaller businesses need to enhance their promotion tactics in order to encourage more sales and a healthier bottom line. Rather than blame the current […]
Women more enterprising than men in their youth
Women may be more likely than men to become their own bosses, new research suggests. A survey commissioned by smallbusiness.co.uk and carried out by Toluna, found that women are showing more enterprising spirit than men, especially in their younger years. The research showed that 52 per cent of UK workers would give thought to running a business over […]
UK entrepreneurial spirit on the rise
The UK’s entrepreneurial spirit has seen it narrow the gap on America in the global business rankings, freshbusinessthinking.com reports. In its latest ‘Prosperity Index’, Legatum Institute ranked companied from across the world on such aspects as safety and security, governance, job satisfaction and entrepreneurialism, among others. This year saw the UK rise in the overall prosperity ranking […]
Give competitors a call, marketing expert advises
Business owners hoping to get ahead of their competitors should simply give them a call. That’s according to Savannah Stewart, a marketing specialist writing for business2community.com. She advised that competitor analysis doesn’t have to be a long, drawn-out process. In fact, she thinks it’s very easy. “Competitive analysis is just a fancy way to describe […]
Small businesses must have ‘sickie’ policies in place, advisor says
Owners and managers of small companies are being urged to ‘crack down on sickies’, after a study found that they cost billions of pounds each year, freshbusinessthinking.com reports. Research conducted by business advisor, ClearSky HR, revealed that the ‘sick day’ culture equates to an average loss of 40 days’ business per employer, totalling £2,800 per year […]
More start-ups than ever in Reading, says bank
Start-up businesses are a dime a dozen in the Thames Valley, if anecdotal evidence from local banks is to believed. Getreading.co.uk reports that not only are banks lending out more money to their customers, but they’re also finding there are more businesses to lend to in general. One Barclays bank in the city claims its […]
