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7 biggest challenges SMEs face – and how to overcome them

Simon Willmett outlines the seven main challenges facing every small business, and offers ways to overcome them.

Business management

Financing

British Business Bank increases small business support by 27pc

Government economic development bank supported over 89,000 start-ups and scale-ups with £6.6bn of finance in 2018-19 - an uplift of 27pc

Business management

7 biggest challenges SMEs face – and how to overcome them

Simon Willmett outlines the seven main challenges facing every small business, and offers ways to overcome them.

Financing

British Business Bank increases small business support by 27pc

Government economic development bank supported over 89,000 start-ups and scale-ups with £6.6bn of finance in 2018-19 - an uplift of 27pc

Government Grants

UK businesses to receive £125m cash boost from Government

Government-funded body, Innovate UK, is providing £125 million to help businesses develop their ideas. Here's how to apply.

Podcasts

Their faces moulded into trolls from my past – podcast

Anna Jordan talks to Penny Power, an author, public speaker, mentor and business owner, about lessons she learned after a mental breakdown.

Business management

Lorely Burt: ‘Lib Dems would bring in NI holiday for some small employers’

Lorely Burt, the Liberal Democrat spokesperson for Women and Small Business, talks to Small Business about the policies the party would like to see.

News

Carney: UK would automatically be hit by export tariffs after no-deal Brexit

The Bank of England's governor also said that thousands of businesses don't have the correct paperwork to export to the EU after a no-deal Brexit.

Taking payments as a small business

40% of the UK’s micro businesses do not accept card payments

This is despite digital payments being the preferred way to pay for 47pc of shoppers

News

Millennial entrepreneurs turning to Bank of Mum and Dad

Under-35s are twice as likely as older generations to ask help from family to invest in their start-ups

Podcasts

I pay a videographer to track my every move – podcast

Anna Jordan talks to Peter Watson, managing director of Distract, about his rather unconventional method of building his company brand.

Small Business Banking

Regional business growth – investors called on to narrow the gap

High net worth investors being called on to support small, growing and regional businesses and business owners looking for investment are the focus of a campaign by business backers.

Advice

The essential guide to starting a business in Belfast

We're travelling over to the Emerald Isle to find out what it's like to launch a business in Northern Ireland's capital, Belfast.

Alternative finance

How to choose the right finance option for your SME

Philip Belamant explains the difference between loans and equity, and why specialist lenders who forward fund specific costs such as ad spend provide an alternative.

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Partner content

What are the benefits of business broadband?

Business broadband offers a host of advantages over standard domestic connections, here’s why you should be considering an upgrade

Partner content

How should I select my business broadband provider?

As with any supplier, it’s important to do your research and ask important questions before you select a broadband provider for your business. But what are the must-have things you should take into consideration?

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Why your business should switch to a broadband-based phone network

Analogue phone systems are increasingly being replaced by smarter broadband based networks – here’s why you should consider switching

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Streamlining document management for your small business

David Malan, sales director of DocuWare for the UK and Ireland, explains how the platform can streamline your document management