Female businessespeople and other women need to be encouraged to make their own pension provision, it has been claimed. Tom McPhail, head of pensions research at Hargreaves Lansdown, said that women are more likely to face poverty during retirement than men. Read More »
Growing a business is an achievable ambition if female entrepreneurs remain focused on their end goals, it has been claimed. Writing for WomenEntrepreneur.com, industry commentator Maria Orozova said a number of basic steps come to mind when talking about business expansion. Based upon her own experience as the founder of boutique design studio MOD, she said that maintaining relationships, staying current and knowing your limitations are all essential. In addition, Ms Orozova claimed that businesspeople need to develop discipline and spend intelligently if they want their company to thrive. She ... Read More »
At the BusinessMums Conference this week, Brighton based Yummy Lollies picked up the Best Growing Business BusinessMums Award and London’s Third Door was named Best Start Up. The Awards are an integral part of the BusinessMums Conference, a day to celebrate the growing number of women who combine motherhood with entrepreneurship, and to inspire those who are just getting started. Read More »
Women do not need to choose between motherhood and a life in business, it has been claimed. Writing for Entrepreneur.com, Lisa Druxman, chief executive of fitness firm Stroller Strides, said women are capable of balancing their work and business life. Although she noted that becoming a female entrepreneur is not easy given the potential time constraints, success can be achieved by prioritising tasks. Read More »
The allure of running a business from home is either attracting more optimistic people than the rest of the business community, or there’s something to be said for the care that goes into running your own ship during tough times. According to a new survey from RSA Insurance, just under three quarters of businesses based at home said Read More »
It is often said of start-ups that the first year loses money, the second year breaks even and the third yields a profit. All too often, entrepreneurs believe that if they can make it to that all-important three-year milestone, their biggest obstacles are behind them, writes Tony Price, interim CEO (UK) of chief executive development organisation Vistage. However, a successful start-up and a successful company are not the same thing. Too many businesses thrive at first, only to run aground a few years down the line. In my experience the ... Read More »
Britain’s most dynamic philanthropist Paul Barry-Walsh says that small businesses are the perfect economic model. Paul Barry-Walsh is one of Britain’s most successful IT entrepreneurs, who built up (and sold for £170m) the computer security and outsourcing business, Safetynet. http://realbusiness.co.uk/news/leadership/5356681/small-businesses-are-best.thtml Read More »
The stock of small businesses in England and Wales could drop by as much as 150,000 by early 2010, according to Barclays, blowing the froth off the UK’s enterprise culture. The ardour of would-be entrepreneurs has already been damped by tighter credit and tougher trading conditions, the bank reports. “We will probably see the [business] stock fall by up to 150,000 in the course of the downswing,” said Richard Roberts, head of small and medium-sized enterprise analysis at Barclays. “Growth has already stopped – closures have been higher than start-ups ... Read More »
Health and safety consultants have come under fire from the government, which is urging small employers to save more than £100m ($179m) a year by shunning fee-charging experts in favour of state-run advice. Shriti Vadera, the business minister, told the FT: “Consultants play an important role in supporting business on health and safety regulation, but many businesses are paying for work that is not always necessary or could be done more effectively in-house.” Smaller employers “can end up taking unnecessary action on consultants’ advice that is not required by the ... Read More »
Small business owners intend to combat the economic slowdown by increasing marketing spend and taking pay cuts, according to a survey by the Open University Small Enterprise Research Team (SERT). More than half of the 700 business owners surveyed said they would be willing to take a pay cut. Some 49 per cent saw increasing marketing expenditure as a way to beat the downturn, while 42 per cent advocated targeting new markets. http://www.smallbusiness.co.uk/channels/small-business-finance/news/610726/increase-marketing-spend-to-survive.thtml Read More »
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