Category: small
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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…
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Treasury’s bank referral scheme falls flat, securing loans for only 1 in 20 small businesses
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The Treasury’s bank referral scheme, which aims to increase access to finance for small businesses, has come under intense scrutiny after a recent audit revealed it secured loans for just one in twenty referred businesses. Under the scheme, nine major banks are required to refer small businesses that refuse loans…
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Financial Planning for Small Businesses: Avoiding Common Mistakes
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Running a small business is both rewarding and exciting; It can also be very challenging on many levels. It is important that its finances are closely monitored. What are some of the most common mistakes to avoid when creating a small business financial plan? Common mistakes to avoid when creating…
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Financial Planning for Small Businesses: Avoiding Common Mistakes
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Running a small business is both rewarding and exciting; It can also be very challenging on many levels. It is important that its finances are closely monitored. What are some of the most common mistakes to avoid when creating a small business financial plan? Common mistakes to avoid when creating…
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Over 80% of UK small business owners fear Autumn Budget could harm growth plans
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A new study has revealed that 86% of UK small business owners are concerned that potential tax rises and policy changes in the upcoming Autumn Budget could hinder their growth. Key concerns include potential increases in income tax, VAT and National Insurance, as well as higher costs arising from regulatory…
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South East leads in bank loans to small businesses as other UK regions lag behind
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Small businesses in south-east England are benefiting from a strong rebound in bank lending, leaving the rest of the UK behind, according to new research by the British Business Bank. Lending to businesses in the region has surged, leading to a 21% increase in approved loans and overdrafts across the…
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Indonesia asks Apple, Google to block China’s Temu to protect small merchants By Reuters
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JAKARTA (Reuters) – Indonesia has asked Alphabet Inc (NASDAQ:) and Google (NASDAQ:) to ban Chinese fast-fashion e-commerce company Temu in their app stores in the country so it cannot be downloaded, an Indonesian minister said on Friday. . Communications Minister Budi Ari Setiadi told Reuters that the move aims to…