Category

Running a Business

This section takes you through every important aspect of how to run a successful business. It offers expert guides and advice articles on the key elements of business management such as employing staff, finding customers, marketing and sales, pricing, people management, office and home working, business technology and everything else an entrepreneur must tackle in order to succeed.

Lessons Learned: Derek Browne, CEO, Entrepreneurs in Action

Derek Browne left a lucrative career in the City to start his own business, Entrepreneurs in Action, aimed at teaching students the value of entrepreneurship. He went on to win Queen's Award for Enterprise Promotion in 2006 and to act as coach and business mentor for Jaime Oliver’s four graduates on the Channel 4 ‘Jamie's Chef’ show.

Business management

Employing & managing staff

Annual leave for part-timers

Our full-time staff work 37 hours a week with 4 weeks annual leave excluding bank holidays. Part-timers work different hours each day. How do I calculate their leave? How do I calculate it if they change their contractual hours?

Buying and selling a company

Buying a going concern: employees contracts

I'm buying a shop which employs two staff, one of whom I will no longer need as I'll be working there myself. Is it reasonable to ask the vendor to tell the employee, arrange a leaving date etc, or must everyone stay in their jobs until after the handover?

Employing & managing staff

Bank holiday payments to part-time staff

Are part-time staff entitled to pay on bank holidays when the business is closed?

Business management

The perfect pitch to invvestors

After your business plan has been written, the next stage often involves pitching it to prospective investors. Yet, it's not only the content of the business plan that is being scrutinised, but also the capabilities of the management team. Your pitch is the first step to showing you can succeed.

Legal advice

Smoking breaks at work

I am a care worker and am required to incorporate my breaks into working with the clients, so I'm on duty throughout my shift. However, my smoking colleagues are allowed to go outside for smoke breaks. Am I entitled to additional payment as I do not have the opportunity of client-free time?

Buying and selling a company

What to ask when buying a business

I haven’t run a business for a number of years and am thinking of buying into a café that is already well established. What questions should I be asking and who should I ask?

Business management

Lessons Learned: Andrew Valentine, Co-founder, Streetcar

Andrew Valentine and Brett Akker came across the idea for Streetcar after reading a magazine article about a similar scheme. The business launched in London in 2004. SmallBusiness.co.uk spoke to Valentine and asked him to share his experiences and offer some advice for small business owners and managers.

Buying and selling a company

What to ask when buying a business

I haven’t run a business for a number of years and am thinking of buying into a café that is already well established. What questions should I be asking and who should I ask?

Business management

Lessons Learned: Andrew Valentine, Co-founder, Streetcar

Andrew Valentine and Brett Akker came across the idea for Streetcar after reading a magazine article about a similar scheme. The business launched in London in 2004. SmallBusiness.co.uk spoke to Valentine and asked him to share his experiences and offer some advice for small business owners and managers.

Legal advice

Dealing with business failure – Bankruptcy vs an IVA

According to the latest figures released by business analyst and information service Experian, corporate insolvencies in the UK have fallen by 8.8 per cent during the first three months of 2007 compared to the same period the previous year.

Marketing

Developing your brand

Putting in place a brand strategy is key to ensuring the success of your company and a genuine, solid identity has a direct impact on your bottom line. Small business owners tend to relate a strong brand and marketing strategy to high cost, but this need not be the case. Read on for our top tips.

Employing & managing staff

Advertise jobs internally or externally?

If a position of employment becomes available, does it have to be advertised or offered internally first?

Employing & managing staff

Employing part-time bar staff

I run a bar and employ four part-time staff. Two of them have full-time jobs. Do I need to issue them with a contract of employment and how does holiday pay work in this instance?

Business Technology

Future-proof your business communications set-up

Landlines as we know them will be scrapped in 2027 – along with a raft of upcoming business changes. Here's how to ensure your communications set-up is fit for whatever the future brings

Business Loans

A guide to getting a small business loan

Everything you need to know on what small business loans are and what types of loan are available for your business.

Business Technology

Friendly guide – top tips for small businesses switching to VoIP

With the landline shutdown coming fast, there’s never been a better time to switch to VoIP. Don’t let your small business be left behind!

Export & Import

Avoid delays with exports and imports

Many factors can affect products’ journeys from A to B. Here are some tips for best practice for successful shipping in the modern world