Category: small
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How partnerships and networking can help grow small business
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Partnerships play an important role in business growth. With companies moving to the harsh water of the competitive scene in the market, creating strong relationships can give them a distinctive advantage over competitors. Either through strategic partnerships or by benefiting from professional networks, these communications provide invaluable resources and knowledge…
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Fears grow over Workers’ Rights Bill as small firms warn of job cuts
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Small companies across the United Kingdom urge the government to expand the proposed employment rights bill, warning that comprehensive changes may hinder employment and cause widespread work losses. The Federation of Small Companies (FSB), which represents thousands of employers throughout the country, claims that plans – including the expanded reasons…
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Government urges public sector buyers to award more contracts to small businesses
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The government issued new guidance to direct the public sector buyers to facilitate small companies winning a share of 400 billion pounds annually spending on goods and services. The National Procurement Policy, which enters into force on February 24, encourages 20,000 public agencies to simplify tender operations for small and…
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How MES for small business can reduce operational costs?
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Small manufacturing companies face many challenges, including high operational costs, increased competition, and pressure to meet customer requirements always on time. Efficient management of resources with waste reduction is crucial to preserving profitability. One of the strong solutions to these challenges is the implementation of the manufacturing system (MES). By…
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Top 10 Payment Systems for Small Businesses in the Philippines
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If you own a small company in the Philippines, you know that payment management can be a real headache due to problems such as delayed transactions and customer preferences. But everything changes when you know the payment systems that can make your life easier. You should look for something that…
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Large Investors Lead Bitcoin Post-Election Gains As Small Holders Reduce Positions – Details
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Bitcoin shows resilience after a volatile week marked by an uncomfortable market. Holding strong above the $104,000 level, the leading cryptocurrency appears to be well positioned for continued growth. Despite the volatility, Bitcoin’s ability to maintain this support has boosted confidence among investors, many of whom expect more upward momentum…
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New chair at Small Business Charter as Byron Dixon OBE takes the helm
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The Small Business Charter (SBC) has appointed entrepreneur Byron Dixon Obie, founder and CEO of freshness technology company Micro-Fresh, as its new president. Dixon takes over from outgoing chair Michael Hayman MBE, marking a major shift in leadership as the organization celebrates its 10th anniversary. Dixon is best known for…
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Small caps lose Trump bump as rising rates sap strength
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By Louis Krauskopf NEW YORK (Reuters) – As investors seek assets that will shine under a Donald Trump presidency, a corner of the U.S. stock market expected to benefit from Republican policies is faltering. Smaller US company stocks have come under pressure, with the small-cap Russell 2000 index last week…
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Small businesses warn of layoffs as new employment rights bill prompts worry
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Almost every small business in the UK is preparing to cut staff in the wake of proposed changes to employment law, according to a survey by the Federation of Small Businesses (FSB). The survey of 1,270 companies found that 92 per cent feared the new legislation would undermine recruitment and…
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Strategies to Boost Network Security in a Small Business
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Small business owners often make the critical mistake of neglecting the security of their networks. They may not believe they are a viable target, they may have budgetary concerns, or they may simply not know that security is a top priority. Anyway, what are accessible strategies for improving network security…
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Small businesses say cautious shoppers are seeking ‘cozy’ and ‘festive’ this holiday season
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Breadcrumb links PMN BMN Business Article writer: Associated Press May Anderson Posted on December 15, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content After a busy Black Friday weekend, Christine Tarnoll, owner of…
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10,000 small business leaders enrol in government-backed management training scheme
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More than 10,000 people running small businesses have enrolled in the Help Grow: Management programme, a government-backed training initiative aimed at strengthening leadership and boosting productivity. By September, 10,635 people had signed up, and 7,860 people had completed the 12-week course since its launch in June 2021. The scheme, which…
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Brits brave storms to back small businesses, spending £634m on Small Business Saturday
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Strong consumer solidarity prevailed on Saturday for small businesses despite stormy conditions sweeping the UK. According to new research from American Express, more than 10 million Britons shopped at independent retailers on December 7, braving the influence of Storm Darragh to pump an estimated £634 million into small businesses both…
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UK’s small businesses strike upbeat tone for 2025 growth
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The majority of small and medium-sized businesses in Britain are looking forward to 2025 with confidence, despite continuing economic uncertainty, recent budget pressures, and global geopolitical concerns. New survey data from KPMG and Aviva shows an optimistic picture emerging among business owners in the country, who expect increased demand, international…
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UK’s small businesses strike upbeat tone for 2025 growth
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The majority of small and medium-sized businesses in Britain are looking forward to 2025 with confidence, despite continuing economic uncertainty, recent budget pressures, and global geopolitical concerns. New survey data from KPMG and Aviva shows an optimistic picture emerging among business owners in the country, who expect increased demand, international…
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Top CRM Software for Small Businesses
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Choosing the right CRM system is essential when small businesses are keen to improve customer interactions and improve operations. Given the wide selection available to businesses today, it becomes important to determine which CRM solutions available offer the best features, at a reasonable price, and with optimal scalability. A good…
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Community lenders unlock £1bn to support small firms rejected by banks
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Small businesses in some of Britain’s most deprived areas are expected to benefit from £1bn in loans, thanks to a government-backed initiative by community finance organisations. The British Business Bank (BBB) has launched a £150 million, two-year plan to support community development finance institutions (CDFIs), which lend to businesses turned…
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FCA over-regulation risks choking crowdfunding and harming small businesses
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The Financial Conduct Authority (FCA) has been criticized for its strict regulation of the crowdfunding industry, which critics claim stifles investment and cuts off vital funding flows for small and medium-sized enterprises (SMEs). The UK Crowdfunding Association (UKCFA) has warned that these regulations could cost the economy billions of pounds…
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FCA over-regulation risks choking crowdfunding and harming small businesses
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The Financial Conduct Authority (FCA) has been criticized for its strict regulation of the crowdfunding industry, which critics claim stifles investment and cuts off vital funding flows for small and medium-sized enterprises (SMEs). The UK Crowdfunding Association (UKCFA) has warned that these regulations could cost the economy billions of pounds…
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The Role of AI for Small Business in Digital Marketing
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By 2025, 81% of retail and direct-to-consumer companies are expected to transform their businesses to AI automation. Currently, about 35% of companies globally use artificial intelligence in their routine operations. Today, gadgets have completely revolutionized how small businesses approach marketing. With custom Search toolContent generation, strategic planning, and even customer…