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Tag Archives: SME

Small Business Advice Sought On Fraud

More than £780 million a year is being lost by small businesses due to actions of fraud according to latest research. Small Businesses are being provided with an opportunity to share their experiences about fraud and requirements to self-protect and prevention.

During 2012 Action Fraud are actively seeking advice from small businesses to ensure the best service and offers to improve their online resources. This is a genuine opportunity for small businesses to tell Action Fraud what is relevant, useful and helpful.  Read more > Action Fraud 

 

Starting Up New Businesses

According to a 2009 report by the Retail Markets Alliance, markets in major cities largely outperformed high street shops during the recession, as people increasingly sought original and inexpensive bargains. The findings of this research revealed that the UK’s retail and wholesale markets sector has an annual turnover of £7.6bn, generated by 47,000 small to medium businesses with almost 100,000 people employed in this sector.

About a 20% rise is being seen in new business startups during 2011, with more than 470,000 startups being recorded. Read more > how market stalls are being seen as another great revival of the High Street. 

New Business Growth package launched for Sussex SME’s

A series of new measures to help Britain’s small and medium sized enterprises (SMEs) grow and create jobs, export to new markets, secure finance and cut red tape has been launched by the Prime Minister.

  • The measures include a £95 million investment from the Regional Growth Fund to benefit hundreds of small businesses. The funding will support SMEs considering investing in new capital assets and is expected to create at least 4,000 jobs and unlock around £500 million of new investment.
  • The Government is also teaming up with founding Dragons’ Den panellist Doug Richard and Yell to get 3,500 businesses into workshops all over the country to ensure they are able to exploit the global opportunities offered by the internet.
  • There is also a series of commitments from banks and business advisers to fuel business growth, including: Association of Chartered Certified Accountants (ACCA) partnering with Barclays to provide free finance advice for SMEs; Lloyds launching a network of export mentors and Santander organising trade missions to Brazil.
  • The Prime Minister announced the business growth package at the ‘Exporting for Growth’ conference at the London Imax. The conference brought together SMEs, banks, business advisers and trade bodies to encourage more businesses to export, and ensure that they have the finance they need to grow.

Find out more >  about what has been announced and how it helps Brighton & Hove Businesses