The challenges faced by small businesses in accessing finance have been well documented. And now the focus has switched to the alternatives to bank credit – such as crowdfunding, asset finance and invoice discounting.
But there is another alternative, an option that 13,000 businesses turned to last year. Community Development Finance Institutions (CDFIs) operate [...]
The pro-active support and advice that HMRC has given to the public in general and to business people in particular over recent years via their customer facing staff has been excellent. The courses that they have run have been extremely useful and most informative. They have been a God send for many people starting [...]
Limited liability companies are such a fact of life, both in the UK and around the world, that one does not often stop to think about why that is, and whether it is unarguably a good thing. This may sound slightly heretical but recently I have been doing just that. For me it has [...]
When former professional cyclist Matt Rump, then unemployed, decided to repair some old bicycles rusting at the bottom of his garden and sell them for spare parts on eBay, it was the first step towards him setting up a successful business in Kessingland, Suffolk.
Two years later and as a sole trader running a [...]
‘Keep up’ dear; those words will remain with me forever.
Being the youngest of three and by far the smallest, I was constantly trying to ‘keep up’ with my elder siblings. Be that walking, running, cycling, swimming, eating or any of those basic things in life. However, it certainly made me learn quickly, [...]
Or, more importantly, what can I do to make you love my business?
It’s that time of year when love is in the air, cupid is sharpening his arrows, and Rose prices are hiked up beyond recognition in readiness for St Valentine’s Day. Traditionally, we will all be declaring our love and affection to [...]
Having studied law at the University of Glamorgan, Jack Passant moved to London in 2011 and began work as an Investment Broker. Being a regular attendee at summer festivals he came to appreciate that outdoor waterproofs were dull and unexciting and he discussed his thoughts with his sister Fleur, a recent graduate from the [...]
Are there a lot of prospective business men and woman who dream of starting their own business but who never see that dream through to reality?
Looking at how many enquiries we receive at Foundation East for funding or business support compared to how many of those businesses are actually started (with or without [...]
I went to church last Saturday. This is unusual for me. Truth to tell I went to see a concert in a church and it was not your usual Christmas concert.
Pictures and images of Ian Anderson standing on one leg playing the flute, leading the group Jethro Tull are pretty familiar. He [...]
Many businesses participate in networking events as a way of gaining new contacts and leads to potential work. Word of mouth is often the best way of gaining new work and this relies on your circle of contacts passing on your details or recommending you to potential customers. Maintaining contact and broadening your contacts [...]