Graham Lowes, marketing director, OKI Printing Solutions, says If it looks too good to be true, it probably is. An over-used phrase perhaps, but in the case of cheap printer consumables, it could hardly be more relevant. The economy may be gradually pulling away from recession, but SMEs are still focused on running a tight ship and they can be forgiven for looking to save money at every opportunity.
Many of the UK’s SMEs have to fight to survive in their early years and the economic downturn has only made the challenges more difficult. Research shows that around 270,000 small businesses are registered annually in the UK, yet almost the same number close down every year.
Karen Hanton, who was inspired to start the restaurant booking website toptable.co.uk in 1999 out of frustration at the sight of empty places in her London restaurant, has served up £35million after agreeing to sell to US firm OpenTable. The deal will see the Scottish entrepreneur receiving a £16million windfall for her majority stake.
Luke Johnson, the prolific and outspoken business investor, has taken a majority stake in Ego Group, a chain of Mediterranean restaurants run by James Horler, former chief executive of La Tasca.
Business owners have delivered a real vote of confidence in Britain by saying that it is the best place in the world for their business according to new research released today.
The business angel network Beer & Partners have helped entrepreneur Sally Chamley secure £300,000 from angel investors for her luxury furniture design business, Black Orchid Interiors.
Getting your business exposure is key to healthy sales and steady growth. However, for an SME or start-up with a limited budget, decent coverage is hard to come by. That said, there are a number of ways to successfully market your business on a tight budget, and through this series of columns I aim to highlight the myriad effective yet budget-conscious ways to raise your business’ profile and, ultimately, boost sales.
The highly-successful car scrappage scheme has now ended, prompting businesses around the UK to consider how they could implement a similar scheme to drive sales.
Marks & Spencer was the first company to jump on the scrappage scheme bandwagon and through a link-up with Oxfam manages to do its bit for charity at the same time.
New rules being drawn up following a meeting of central bank governors and regulators from around the world in Switzerland at the weekend could see even less money being lent to small businesses.
The owner of the Oxford based Blackwell specialist books chain is handing ownership of the business to its staff because he is passionate about keeping the family name on the company founded by his great-grandfather and determined to prevent it ever being taken over, and swallowed up by a large group.
Intellectual property (IP) has become the genie in the lamp of the 21st century business landscape; an overblown smokescreen that entrepreneurs and businesses are afraid to release in fear of idea theft.
Salesforce.com, the enterprise cloud computing company, has announced research finding which not surprise anyone in business, and that is that unnecessary emails are the bane of the modern office with seven out of ten workers complaining about being sent irrelevant emails or being copied on emails of no interest.