The government is often talking about how it wants to help small business: the good news is there are some very real and practical ways it is offering its support to SMEs. The demands of being a small business can be enormous. You will often find yourself involved with all aspects of your venture – to the most minute detail. This can be exciting whilst at the same time very demanding. No one said it would be easy to build up a business from scratch. After all you have so
Read more →The UK TMT sector is one of the fastest growing parts of the economy, annually contributing £125bn (a total 8% of UK GDP) as well as maintaining 1.3m jobs. Investment in the sector has once again increased in 2015 to nearly £2Bn – showing an increase in activity and confidence. More interestingly, lending to the sector has also risen significantly which on the face of it is excellent news, however, one of the main reasons for this may be the increase in M&A Activity between larger businesses in the sector. For example, BT’s takeover of EE (which
Read more →Beechbrook Capital has announced the first close of its new UK SME Credit Fund, with commitments of more than £100m. The fund will support small and medium-sized businesses in the UK with a turnover of between £10m and £100m and EBITDA of more than £1m. Among the institutional investors that have made commitments to the new fund are British Business Bank Investments Limited, the commercial arm of the British Business Bank, and the European Investment Fund. With additional investments to the fund already pledged, Beechbrook expects to hold a second close
Read more →Its a new year and many budding entrepreneurs will finally take the plunge and start their own business but getting a business off the ground is one of the hardest things to do, especially with no experience: so can getting an experienced advisor on board make the difference? Whether it’s been a long held dream to run a coffee shop, become a consultant, or see yourself as a smartphone app designer, making it happen is the next step. Entrepreneurs often have a passion for business and are focused on devoting time and energy
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