Cambridge was crowned as the number one place in the UK to start a business in 2023. Photo: Andrew Couldridge/ReutersSmall UK businesses have suffered in recent years amid Brexit, the onslaught of COVID, the sharpest cost of living crisis in a century, and a looming recession.
There has been an estimated 20% increase in insolvency in 2022, while nearly 400,000 businesses closed between 2020 and 2021.
However, small and medium-sized businesses (SMEs) have continued to launch. Last year saw a record for start-ups registered at Companies House, with nearly 80 new companies listed per hour in the first half…
business plan help
10 Nashville moms pitch their small business plans
NASHVILLE, Tenn. (WTVF) — Starting a business is not easy but one group of mothers got some help to push their dreams into reality.
With the help of the Metro Action Commission, these moms went through an eight-week program teaching them the tools of the trade.
On Wednesday, they set up popup shops for people to try their products, and next they pitched their future business plans to a group of judges with a chance to compete for a $1500, $1,000 or a $500 prize.
The money will help their business grow.
Nakeya Belser is the owner of the Kupcake…
Lee Bank’s Commercial Lenders are here to help you get down to business | Sponsored
When it comes to small business, the idea of building something from nothing has a certain romantic appeal. But in reality, it takes more than strong ideas, hard work and enthusiasm to get a new project off the ground, or keep an existing one going strong.
Without the capital to back it up, even the most brilliant business plan is merely theoretical. The average would-be business owner doesn’t have that kind of cash on hand, so they turn to a commercial lender to secure the necessary funds.
As a proud supporter of local businesses, Lee Bank’s Commercial Lending arm works…