Dear all We wanted to thank you all for the contributions to our work on helping to assess how we can better organise the business landscape to directly benefit small and medium sized businesses. We are very grateful for your inputs, which were immensely helpful. The top 6 ideas, receiving the highest votes were: 1. Advice on grants for SMEs (24 votes) 2. Local Enterprise Agencies should be given a bigger role ...more »
If you look at the coverage in the media of the lack of success of the Funding for Lending Scheme, it seems that it is just another opportunity to kick the banking profession for not lending to small businesses. My experience in talking to business managers at my local clearing banks is that they are willing to lend, albeit under tougher conditions than may have applied in the past, but that businesses do not want ...more »
Many proto-businesses get carried away with the idea that there is a golden stash of cash out there, called funding, which will help them in all their endeavours to get their business up and running. Funding is a panacea to all start up ills they argue: without it, there is no business; without it, they have no livelihood; without it, they are unable to turn their unique, gleaming shiny idea into a world beater which ...more »
The control of lending should be taken out of the hands of bankers and placed in the hands of an independent "Investment Approval Authority" (IAA) who would be licensed to prepare approval certificates for presentation to banks. See my Blog at www.taxmatters.eu for a full explanation of the idea.
set up a local panel to review new patented ideas originating from Sheffield to advise,attain funding to patent in Europe and the USA. to be paid back with costs to defend patent from larger organizations. specifically for companies that do not have the financial resources to exploit ideas. Refunds on rates for profit generated by patent if it creates jobs in Sheffield and stays in Sheffield.
Each business should have access by a mentor or a coaching platform that makes them aware of how to attract their ideal clients, communicate with their potential prospects effectively of Time & Money & turn them into day to day business through the power of social media marketing. Everyone business knows that Social Media is the way forward however they don't have a sure-fire online marketing strategy to produce results ...more »
Instead of the Government providing the Big Banks with yet more finance to improve their balance sheets and bonuses or trying to develop new banks we should enhance the local community based finance provided by CDFIs particularly for small businesses.
The potential of the Chambers of Commerce is a great source of business support and the most appropriate business signposting vehicle. The regional and national government via BIS should provide more support and funding to the Chambers of Commerce so they can enhance their existing business support and be more pro active. There are also the Networking opportunities that can be made via the Chamber. Regards Gary Saunders. ...more »
Every new company should get invited to their local enterprise or development agencyfor a talk on what help can by provided and tolearn about the issues facing the new entrepreneur business owner
I have tried repeatedly to take on an apprentice in this 300year old craft yet can get no help. I have plenty of work and would welcome some financial support. I have individuals interested.
The most logical place to find business advice and guidance is surely your local Chamber of Commerce. These organisations are both local in their availability and knowledge yet also have a regional, and through the British Chamber of Commerce, national influence, coverage and voice. The Chamber is ideally placed to provide networking opportunities galore and business support for both new and growing businesses. The ...more »