Business growth
Wednesday, 08 May 2024
Cheers to Euro 2024: estimating how much the UK will spend on beer
With the Euro 2020 finals attracting a staggering 31 million TV viewers in the UK, you can be sure that this year’s event will be a huge opportunity for hospitality businesses across the country to flourish. To help you score big, we’ve put the work in to estimate just how many pints are predicted to be drunk and how much the UK public may spend throughout the four-week tournament. Our data delves into UK spending to provide insights that can help you maximise your profits to make Euro 2024 a winning occasion for your patrons and business.
Monday, 15 April 2024
What are business rates? The latest updates in 2024
While running your own business is one of the most rewarding ways to make a living and can give you the freedom to be your own boss, part and parcel of the deal is the accompanying homework you’ll be responsible for. From understanding pension schemes to working out taxes and setting up payroll, there’s a lot involved behind the scenes that fuels the successful and above-board running of a business.
Friday, 15 December 2023
What is a Bacs payment? An easy-to-understand guide for businesses
Transferring money between banks has never been easier in recent years thanks to digital payment methods, meaning you can send money to anyone, anywhere in the world, with the click of a button. But when a business sends money, the stakes are a little bit higher, especially when you’re sending large sums of money.
Monday, 27 November 2023
What is a CHAPS payment? A simple guide for businesses
In the fast-paced world of business, your company needs to be able to make quick, efficient and high-value payments as swiftly as possible. This is where the CHAPS transfer method steps in, offering a robust solution for those critical, larger-sum transactions. But what exactly is a CHAPS transfer, and is this payment option something that all businesses should consider using? We’ll deep dive into everything you need to know about CHAPS payments.
Friday, 17 November 2023
How to prepare your business for Christmas: 5 tips for the festive period
The festive season is creeping up on us – it’ll be here before we know it. As well as being an important commercial event and a cultural holiday, Christmas requires plenty of preparation. For many businesses, performance over the festive season can determine whether they make a profit that year. As the retail landscape grows more competitive, it’s crucial to get it right and plan your festive strategy sooner rather than later.
Monday, 13 November 2023
Black Friday: 7 Ways Small Businesses Can Prepare for Success
Although Black Friday initially has its roots across the pond in America to mark the Friday after Thanksgiving, the occasion has gone global and has fast become a huge shopping day here in the UK too. In recent years, Black Friday has also spurred the creation of ‘Cyber Monday’ and ‘Cyber Weekend’ – where e-commerce businesses can cash in by offering huge savings and discounts online across a three-day period, creating a weekend retail phenomenon. Research has found that over half of UK adults (51%) plan to shop over the Black Friday weekend, with total Black Friday sales in 2022 reaching an estimated £12.3 billion.
Friday, 08 September 2023
What are business assets? A simple guide for businesses
Whether you realise it or not, every business needs assets to operate. And when you’re starting a business, one of the most important decisions you can make is what assets your company should hold. But, getting your head around the different types of assets and how to account for them can be difficult. Find out more about the specifics around business assets — including their various forms — and how valuable they really can be to small businesses.
Monday, 04 September 2023
How to get followers on your small business Instagram account
Instagram might not be the biggest social network, but it’s one of the best for businesses and boasts some pretty impressive statistics: On top of all that, research suggests Instagram is the best social network for building customer engagement and loyalty.
Monday, 04 September 2023
What is SEO and how can it help your business?
Search engines have become man’s best friend and something most people rely on day in, day out. While there are loads to choose from though, the main ones, of course, are Yahoo, Bing, and Google - aka the giant. The stats show Google is used to search a staggering 63,000 times per second, equating to over 2 trillion searches per year. Wow.
