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We’ll let you in on a secret - pubs are making a comeback.

Just over the recent holiday season, pubs saw a sharp increase in festive sales, with reports of sales growth of 12.3 per cent over a two week period.

Statistics from Office of National Statistics (ONS) also shows a glimmering outlook for pubs, with employment being reported as on the rise in the sector, with a 6 per cent increase since 2008 and a more signifi... Continue Reading

Keep up with small-business tech trends in 2019

We live in a digitally evolving world, and there’s no doubt that small businesses ought to keep up technologically if they wish to compete in a level playing field. Much like last year, 2019 is expected to be filled with a number of technological advances that will assist with growing and improving your business – here are four trends you should keep an eye out for to ensure that you stay on top of the game.

Data analytics to ma... Continue Reading

Marketing strategies: why you need them for your business

You’ve got a product or service and even have a logo for your business venture. That’s all you need right? Wrong. A business venture is not complete without a marketing strategy.

You need a way for your customers to find you. Your business requires visibility. Sure, word of mouth is a great start but let’s take it a step (or two) further.

Do you know your customers?

Your product or service is not a o... Continue Reading

New Year's resolutions: Inspiration for small businesses

Forget the gym and the traditional January diet. This New Year, choose a resolution that will help your small business grow and succeed, regardless of the bumps in the road you may have to face throughout the year.

We've put together a list of five possible New Year's resolutions that might help you steer your business on the right path in 2019.

1. Manage your cash flow more effectively

If you are... Continue Reading

How to start 2019 on the right foot

It’s that time again - one year is about to end and another is about to start. Yes folks, 2019 is upon us, sooner than you think.

So as a business owner, you’re probably thinking of plans and strategies for growth and advancement in the new year. To assist you with this thought process, here are some tips to keep on your radar.

Growth in personalising marketing strategies

People are more informed now a... Continue Reading

Ten questions to ask a seller before you buy their business

There are many key issues to take into consideration before you buy a business, and the seller can sometimes be the best source of information if you open up channels of communication. However, it's important to ensure you ask the right questions to get the answers you'll need to make an informed decision.

We've put together a list of the top ten questions you should ask a seller before you consider making an offer.Continue Reading

Seasonal sales: how to market your business for the Christmas period

It’s the most wonderful time of the year, especially if you are a business looking to make the most of the commercial holiday. The Christmas period through December is the time for merriment, shopping and spending, so as a business, why not capitalise on the festive season?

Naturally, with the yuletide season approaching, people’s moods are light and cheery – perfect for forging connections and relating to your customers from ... Continue Reading

How to contact a business you want to buy

So you want to buy a business, but perhaps you're not sure where to start. There are many methods of initiating your purchase and each has its own pros and cons depending on your circumstances. Additionally, when you're navigating the potentially complex obstacles associated with buying a business, it's vital that you enlist the help of a resource you can rely on, making your decision even more important.

We've p... Continue Reading

How do you achieve a fast business sale?

A business sale can often take a long time, sometimes as much as a year to get from enlisting the business on the market to shaking hands to finalise the deal. But there are ways to speed up the process.

A fast sale can be completed in a matter of months, perhaps even weeks in some instances, if all the right matters are in order and a certain deadline is in place. Here are three tips to hurry along the sale, and to ensure the trans... Continue Reading

Do I need a broker to sell my business?

If you’re looking to sell your business, there may be a number of questions going through your head. A broker can assist with streamlining the sale process for you and find you a pool of buyers. But using a broker is not mandatory and selling your business without one is actually possible.

In fact, brokers can be redundant where you intend to sell the business to family of a friend, because you’ve already found your buyer. Essen... Continue Reading

Digital transformation and small businesses

When you think digital transformation, you may be thinking of large corporations in high rise buildings with mountains of IT staff making all sorts of technological changes.

But in the interests of operating efficiently in this digital age, small businesses are also in need of digital transformation and it is certainly an area worth getting on board with. And this is even more important if you have just bought a business or are thin... Continue Reading

Turning passion into profits

“Do what you love, and you’ll never work another day in your life.”

A powerful statement, with an underlying sentiment that is very true. You don’t need a degree in psychology to know that humans naturally tend to enjoy the things they excel in, and this is no different when it comes to business ventures. As much as buying and establishing a business is all about assessing the market and making a worthy investment, personal ... Continue Reading

Want to go into business with your family?

There is a special bond between brothers, sisters, parents, and extended family members. But is it special enough in that you can go into business with them?

Going into business with your family can be a good idea if done right. After all, they are people you like and can trust.

There are of course stories where families have fallen out over business disagreements. But a lot of these situations seem to arise from a lack... Continue Reading

Acquisition complete... now what?

You’re now a new successful business owner. You’ve gone through all the steps, finalised the purchase, and can proudly say you own an established company that generates revenue and a reputation to its name. But now what?

You may be brimming with ideas for change and ways in which to scale the business, but it’s important you assess your limitations and know exactly what your next steps are before going forward. It goes without ... Continue Reading

Why do I need an exit strategy?

You may be thinking: "my business is going well, why would I need an exit strategy?" But an exit strategy is not something that you have because your business is not doing well. An exit strategy is something you have in case you want to leave your business at some time in the future. After all, you don’t know what the future holds.

A draft exit strategy will ensure you have a plan when something unexpected happens and you wish to ... Continue Reading