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Got a business in the manufacturing sector? These tips on how you can reduce energy costs while being more sustainable are well worth a read... Energy is expensive these days, both for businesses and consumers. Sadly, the manufacturing sector utilizes a lot of energy, which can affect a business’s bottom line. When energy costs go up, your profit margins go down.  This is a signific...
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New research by iwoca reveals over a quarter of small business owners are passing on impact of increased costs to their customers. One in four (26%) small business owners have already increased prices for customers as they look to manage rising costs, according to new research conducted by iwoca. As prices for customers rise, the survey found that the SME owners' biggest worry over the coming ...
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Startup in the Food & Beverage sector? Richard Horwell from specialist food & drink marketing and branding company, Brand Relations shares insights on the Sales & Marketing costs you'll need to consider. Many entrepreneurs in the Food & Beverage (F&B) industry make the mistake of thinking they can handle sales and marketing themselves. They simply don’t foresee the cos...
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Raising capital for your business? Oliver Woolley, CEO and co-founder of Envestors shares insights on the real costs of doing just that... As an entrepreneur you’ll see many opportunities for business growth. However, to achieve what you envision you may need more capital to ensure your business has the resources it needs.  You may decide that raising equity capital is the route to g...
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Planning a construction project for your business? Here are a few reasons why it might be better to hire equipment rather than purchase... If you’re planning a construction project for your business, perhaps a new office building or an extension to your factory, there are lots of factors to consider. Here, we take a look at why hiring equipment for your project might be the best option and,...
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When it comes to setting up a startup, there are certain things to consider before you set up your business in the city... Setting up a business is an exciting but daunting process. You’ve decided on the right name, created your brand and know your industry inside out. All that’s left to do is pick your location! When it comes to setting up a business, typically, a city is where most...
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Chris Conway is the MD of Accounts and Legal a leading Small Business Accountancy firm based in London. Here he gives us a breakdown of the costs your business can incur as a result of high staff turnover.  Saying goodbye: The implications of high staff turnover Having a staff member leave can be a tough time for a business. But as well as an empty seat and loss of productivity, ...
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