Time has virtually run out for UK businesses to register for the Carbon Reduction Commitment Energy Efficiency Scheme. Most public and private sector organisations using 6,000 Megawatt hours or more in 2008 have until the end of September before they start paying hefty fines of up to £45,000, warns international law firm, Simmons & Simmons.
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.
Mark Prisk MP, Minister of State for Business and Enterprise, has announced a major boost to the North East’s economic prospects. The British Library, NESTA (National Endowment for Science, Technology and the Arts), Newcastle City Council and Northumbria University have agreed on a Memorandum of Understanding (MOU) to examine the set up of a new business support centre in the North East based on the British Library’s critically acclaimed Business & IP Centre.
Britain’s manufacturers have notched up the strongest year of growth for more than a decade and a half as they recover from the deep slump triggered by the financial crisis, according to government figures released today.
Bank fees and costs for SMEs have risen sharply since the end of last year according to a report by the Institute of Chartered Accountants in England and Wales. The report also says that many small businesses are unable to borrow from banks, because their lending criteria are too restrictive.
When Sharon Wright, wanted to increase the profitability of her fledgling business Talpa Products, which produced the award-winning Magnamole product, she did what many entrepreneurs dream of and walked up the famous steps in TV’s Dragons’ Den and walked back down again with a deal done and with the two dragons that she had wanted, for more money than she had asked for. Sounds perfect doesn’t it? However without the cameras, the deal became anything but perfect. We talk to Wright about what went wrong and why the perfect deal turned so sour.
Claims by the Government that UK banks are failing to lend has challenged by the head of RBS today as he detailed their efforts to get cash to small businesses as he announced the banks first profit in three years.
We all know the importance of having a strong brand in business, but, in this age of social media, where we expect personal interaction rather than corporate spiel, and especially for start-ups and SMEs, where there may only be a small number of people involved, the idea of a personal brand is becoming more and more important.
Let me explain why cold calling is such a big issue for many…..and why vital first stages should be completed before a cold call is made….
In the Den, and broadcast last week, The Dragons were asked to invest in a product called Shopbox, which is a secure, temperature-controlled container for groceries that are ordered online, which then became the subject of a heated discussion on the subject of patents – and a very important lesson for anybody with an invention.