The reaction to the latest UK Budget has been fairly muted from small business owners, with many feeling (as usual) that the changes will not go far enough to help drive the economy forward. There was however one announcement that seems to have escaped the notice of many, despite it potentially having a huge impact…
Times are indeed tough for small business and business mortality in the first five years of the life of the business is at record levels. Here is a great chart that was created and shown to me by ACCA that demonstrates just how difficult it is for small businesses to survive in the long-term. Only…
Top 5 Tips posts from the SME Blog are always full of hints and tips for small, home & micro business owners. 1. Take a close look at your current relationship with suppliers. Is there anything that can be done to sweeten the deal for both of you? Perhaps entering some kind of agreement with…
Cloud computing talk is everywhere – the disturbing part is, it is only about cloud computing. The thing is, who cares? Much of what we do these days has to do with business survival and sure enough cloud computing can help with that. Reducing cost and time involved in keeping your I.T. up-to-date, while delivering…
Many of our clients currently find the going tough, although I happy to report that they are surviving better than the average micro business out there. You may ask why is that? Answer: “Business Bootstrapping!” Here are a couple of techniques on how to use business bootstrapping to survive a recession: 1. Cutting Overheads –…
I ran one of the largest ISPs in the 90’s and it was not always easy (the understatement of my life), we were growing so fast, that we never had any money, our cash-flow was catastrophic, always. During those years my CFO and I had a saying, “It’s going to be another interesting day!” –…
