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Rising star: Anya Sizer
Anya Sizer of PowerChange started her own business as an infertility coach with the last £4,000 of her savings. One year on and she is breaking even with turnover of £3,000 to £4,000.
Dealing with a court battle
Mike Watson, MD of industrial cleaning company Tube Tech International, has fought three legal battles over 25 years.
Promoting from within
The average cost of bringing in a new employee is £4,500 to £8,000, according to figures from the Chartered Institute of Personnel and Development. So it’s no surprise that promoting internally is popular with employers.
Effective websites
While a good website can have a tremendous impact on sales, it’s extremely easy to do the job badly.
Rising star: Piers Daniell
Still only 26, Piers Daniell has taken internet service provider Fluidata from the confines of his bedroom to a £2 million business in the space of two years
Recruiting for a small business
The recruitment process can seem daunting if it’s your first time, especially given the importance of hiring the right staff.
An upside to the downturn
Keeping a steady head and sticking to basic principles allows you to maintain cash flow, improve debt recovery and retain margins.
James Murray Wells, founder of Glassesdirect.co.uk
James Murray Wells started Glassesdirect.co.uk with the last £1,000 of his student loan. With the help of VCs, he is now aiming to turn it into a £1 billion company.
How to get a business loan
Take a very close look at the amount of money you think you will need. Know exactly how much money you need to raise, as you have to be able to justify every penny to a lender. Approaching a bank with the attitude of ‘how much can you give me?’ will not inspire confidence.
Business software on a shoestring
As the price of running an SME soars, small business owners have to look for more ways to cut costs. Buying computer software can be expensive, so how can business managers cut their IT spend? Read on to find out...