While acquiring new customers is a priority for many businesses, it’s certainly not cheap. According to Invesp, it costs five times as much to attract a new customer than it does to keep an existing one. Despite this, only 18% of businesses prioritise customer retention over customer acquisition. Clearly, there’s a flaw in how businesses […]
The number of scale-up businesses in the UK is rising fast and almost half (42%) have been founded by people aged 34 and under, according to a new report: Dream bigger: The scale-up moment, from Smith & Williamson, the accountancy, tax and investment management group. In a sign that young entrepreneurs are taking the high-growth […]
Recent data has revealed that UK SMEs are diversifying the markets they export to, showing signs of a healthy future post-Brexit for many companies. An analysis of over 1,000 small and medium businesses showed that 25 percent are investigating exports to new countries in the next quarter of business. The figures reveal that many UK […]
Start-ups are vibrant, healthy, upbeat environments where all team members of staff, no matter their position, want to perform at their full potential. Here Paul Turton, MD of Pact Coffee, talks about the journey from CEO of a large company to running a much smaller start-up, the benefits behind his or her expertise and the […]
The time has come—for one reason or another, it’s time to step down as CEO of your company. How do you handle such a situation? What are the key things that the company needs to consider to ensure that the process runs smoothly? Chris Moses, Senior Operations Manager from Blackstone Consultancy and Matthew Blagg, CEO […]
So, you’re thinking of setting up shop at a new location, maybe it’s your first location. Jason Harris-Cohen, Founder of professional house buying company Open Property Group, lists five very important factors to consider. Despite the rise in ecommerce, and claims of the ‘death of the British high street’, the need to find the perfect […]
By Louisa Rochford Success has many origins. The most impressive and worthy of note is the case of success in the face of adversity—wherein humble beginnings are tough and warrant hard work and labour to reach great heights and make a name for oneself in today’s bustling and competitive market. A CEO can come from […]
Beth Trier, CEO of Trier and Company, discusses starting her company and the future of the PR industry. You began your career as a journalist. What made you move to the PR industry? I began my career as Fashion Editor with the San Francisco Chronicle in the early 80s. The retail scene in San […]
A British think tank believes that a £10,000 payment to people at the age of 25 could help young people expand their careers and start their own businesses. The Resolution Foundation is committed to improving the quality of life for those in low to medium income families. The organization feels that amendments to the tax […]
Elon Musk is a 21st century creative visionary and one of the most successful entrepreneurs on the planet. Having founded two of the world’s most talked about and innovative companies in the world, Tesla Motors and SpaceX, and ranked the 25th most powerful man in the world this year by Forbes, it’s hard to think […]
Businesses can continue to grant share options through the Enterprise Management Incentive (EMI) scheme, safe in the knowledge that current tax advantages still apply, according to share incentives specialists at accountancy firm, Menzies LLP. The European Commission confirmed earlier this week (15 May 2018) that the EU State Aid approval, which is required to operate […]
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