Growth hacking has emerged as a formidable strategy for achieving rapid business expansion. However, as markets mature and consumer behaviours change, it’s imperative for businesses to look beyond the traditional growth hacking methods and explore new avenues for sustainable and scalable expansion. This article delves into the next phase of business expansion, highlighting strategies that…
The majority of Wilko stores are expected to shut with the loss of thousands of jobs after a white knight failed to step forward to rescue the collapsed retailer. The family-owned household and garden products retailer, which has about 400 stores and employs almost 12,500 people, will leave big gaps on high streets after the…
Last week we saw the second cohort of T Level students receive their T Level results. Introduced in 2020, these new qualifications are giving students the workplace skills they need to succeed. Broadly equivalent to three A levels, the two-year technical course enables young people to gain the qualification they need to go on to…
Influencers have emerged as the modern-day trendsetters. A recent study conducted by Pew Research Center revealed that a staggering 72% of people in the United Kingdom alone use social media, with platforms like Instagram and TikTok dominating their attention. Amidst this digital revolution, influencers have become pivotal figures, not only influencing consumers’ preferences but also…
New research has revealed that nearly half of UK homeowners are considering paving over their front gardens to accommodate an electric vehicle in the future. The poll of homeowners by EO Charging, an independent British charging point manufacturer, looked at how they are balancing the opportunity for greener motoring with the potential loss of green…
In the dynamic landscape of small business operations, the ability to offer diverse payment options is paramount. Let’s delve into five innovative methods that can empower small businesses to streamline their payment processes effectively. 1. Direct Debit Direct debit is a seamless payment method that allows businesses to collect payments directly from customers’ bank accounts….
In today’s competitive business landscape, making a significant impact doesn’t necessarily require a hefty marketing budget. With strategic planning, creativity, and a focus on targeted efforts, even businesses with limited resources can achieve remarkable results. This article delves into effective strategies that allow you to maximize your impact while keeping your marketing expenses in check….
Shoplifting has long been a concern for retailers worldwide, but recent events in London have brought the issue to the forefront. In a shocking turn of events, hundreds of teenagers gathered on Oxford Street, expecting to take part in a mass robbery. The incident, fueled by viral posts on TikTok and Snapchat, left shoppers, store…
London’s SMEs are increasing their tech budgets, allocating over half of their annual revenue to technology investments, according to a report by Barclays. In the capital, 64% of SMEs, are turning to technology investments to increase productivity and 43% are doing so to future-proof their company. This is compared to 45% UK-wide. The data revealed…
Starting a small business can be an exciting venture, but it’s important to have a solid business plan in place to set the stage for success. A well-crafted business plan serves as a roadmap that guides your business towards its goals, helping you make informed decisions, secure funding, and navigate challenges. In this article, we’ll…
Becoming an entrepreneur is a journey that demands dedication, innovation, and strategic planning. For those embarking on this exciting but challenging path, it’s crucial to navigate the early stages with care. In this article, we will explore valuable insights and advice to help early-stage entrepreneurs flourish and create a strong foundation for their ventures. Defining…
Elon Musk, the billionaire entrepreneur and CEO of renowned brands such as Tesla and SpaceX, recently acknowledged the potential downfall of X, the rebranded version of Twitter. This confession coincides with a glitch that led to the disappearance of pictures and links published before December 2014. In a recent post on X, Musk expressed his…
The Confederation of British Industry (CBI) has announced an earlier than anticipated withdrawal from a notable diversity initiative, amidst a backdrop of ongoing turbulence within the organisation linked to allegations of sexual misconduct. This decision has sent ripples through the business community, prompting discussions amongst some of the initiative’s most prominent corporate participants.The CBI had…
Starting a chocolate business in the UK can be a rewarding endeavor that combines creativity, craftsmanship, and entrepreneurial spirit. The tantalizing aroma of cocoa, the artistry of confectionery creation, and the joy of sharing delectable treats with others – these elements make the chocolate industry a delightful field to venture into. This comprehensive guide will…
As a small business owner in the UK, understanding the value of your business isn’t just a curiosity; it’s a necessity. A comprehensive valuation of your business can guide pivotal decisions, from attracting investors to negotiating partnerships, and even planning your exit strategy. In fact, according to a recent study by the Federation of Small…
