sme Archive

  • Regional Growth Fund for SMEs

    What is the Regional Growth Fund?

    The Regional Growth Fund (RGF) is designed to provide money to SMEs who cannot access funding from other sources. The money comes from central government but is partly distributed by around 100 regional and national partners. These vary from big banks to local councils and...

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  • aldermore small

    Only 35% of Business Feel Understood by their Bank

    Much has been written in recent months about the breakdown in relationships between the big high street banks and small businesses. As we discussed the other day the government’s schemes to improve lending to small businesses do not appear to be working. Meanwhile bank bosses...

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  • HMRC Bookkeeping checks

    HMRC Find 36% of Small Businesses not Keeping Proper Records

    HM Revenue and Customs have been testing out a new scheme known as BRC or Business Records Checks. Modelled around initiatives already in place in Canada and Australia HMRC have been trialling BRC since April 2011. The basic idea is to do spot checks on...

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  • Networking for small businesses

    Where do Small Businesses get their Sales Leads?

    We took a look at the Success in Challenging Times: Key Lessons for UK SMEs report from the University of Surrey a couple of days ago. We have already written a blog post on its findings about how start-ups and small businesses finance themselves. But...

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  • Startup and SME Funding

    Start-up Businesses Using a Smorgasbord of Funding

    Back in August we had a look at the Global Entrepreneurship Monitor (GEM) research which tracks entrepreneurship across Europe. One of the findings from the GEM research was that there was a mismatch between where people planning a new business thought they would get their...

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  • SME bank funding

    Local Banking for the Small Business Market

    This week the government hinted that they are moving towards a government backed ‘business bank’. This is something which has been called for by a number of organisations including the Labour Party, British Chambers of Commerce and Federation of Small Businesses. Some of these groups...

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  • Funding for Lending Scheme

    UK Government Tries to Kickstart Bank Lending (again)

    The current unwillingness of the major banks to lend to start-ups and small business has been well documented. Securing funding is the biggest problem for start-ups at the moment. This has contributed to the rising popularity of crowdfunding and alternative peer to peer funding schemes....

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  • What is an SME

    What is an SME?

    Over the last year there have been a lot of accusations flying around about SMEs (Small and Medium Enterprises). Articles have been written denouncing the SME term and claiming that large corporations don’t understand how to talk to small businesses. Meanwhile the UK’s small business...

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  • Regional-Growth-Fund

    £1 Billion Regional Growth Fund Announced

    The Government recently announced the upcoming launch of their Regional Growth Fund initiative. Providing investment designed to encourage growth, especially in the economically poor regions of the country. The £1billion fund will come into effect next year and applications for funding will be vetted by...

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  • money-in-the-bank1

    The 2010 Budget – Entrepreneurs’ Relief

    With recent changes in the budget announced by Alistair Darling, the government have made it clear that their intention is to support small and medium enterprise (SME) as well as start up companies in general. According to the research, SME’s account for 99.9% of the...

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  • Customer Testimonial

    I have just started up my own company ... I have had many queries, you answered all my questions, whilst being really helpful and professional.

    Richard


    We are happy with all business we have conducted with you and are quite happy to recommend you on what you have done and assistance you given us up to date.

    Stephen


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