For husband and wife teams running companies, the pressures of the economic climate can be further compounded by the challenges of working and living together.
Raising finance is very difficult and as many are starting the process with a view to driving their businesses forward in this new year, but with banks still unwilling to lend to many we spoke to Guy Rigby, entrepreneur, mentor and now Head of Entrepreneurial Services at Smith & Williamson, the accountancy and investment management group who is an expert on the topic of raising equity finance.
Several pieces of research have emerged that show many small businesses are failing to maximise the online opportunities available to them, despite the rise in e-commerce and digital marketing.
With over half of the entire UK population having a Facebook account, it is claimed that employers are losing £14 billion per year as a direct result of employees accessing social media sites during work hours, yet their hands are tied when it comes to disciplinary action resulting in a minefield for employers and the rules of what is acceptable and what is not are very hazy.
Getting paid is not always as easy as it should be and threatening to terminate the contract is usually a last resort. There are intermediate steps you can take as well as including some protective measures in your contract terms.
Salesforce.com, the enterprise cloud computing company, today unveiled Salesforce Chatter, a new secure enterprise collaboration application and social development platform.
A new business networking organisation has just launched specialising in creating local online communities. Word Of Mouse, created by one of the former founders of the BRE Network is hoping to capitalise on the current boom in online social networking with sites like Facebook, Ecademy and Linked In.
Many small business owners will be used to copping flak for addictions to their ‘crackberry’.
The tell tale symtoms are all too common. Exasperated partners railing at post midnight emailing or blackberrys heading for a watery demise in the swimming pool during that longed for summer break.However, the vexed issue of the merits of Blackberrys is truely small fry compared to the grief that could be caused to business owners by the latest internet phenomenon. The explosion in popularity of social networking sites like Facebook, You Tube, Bebo and My Space presents a new potentially very big problem for owner managers to grapple with.