Entries from November 1, 2006 - December 1, 2006
Thumbs Down To The Government
Almost two thirds of small businesses have given the thumbs down to the Government's small business support.
61% said they were unhappy with the level of support provided for start-ups and initial trading periods.
Less than 16% of the UK's small businesses believe that the government is providing them with enough support to get up and running.
Franchisees: Look Before You Leap
The Kansas City Star warns that despite franchising becoming increasingly popular, pitfalls are abound.
Walk the aisles of any franchising expo and you’ll hear managers from an array of industries proclaim franchising as one of the surest paths to success.
Long a mainstay of fast-food restaurants and dry cleaners, franchise opportunities continue to attract more investors, entrepreneurs and rank-and-file workers seeking to become their own boss or launch a new career — all the while backed by a corporation’s guiding hand.
Where Entrepreneurs Find Inspiration
Who do Richard Branson, Hugh Hefner, and other marquee-name entrepreneurs and innovators look to for wisdom? BusinessWeek Magazine finds out
There are those entrepreneurs and innovators who need little or no introduction. They are the people who start revolutions, take old ideas or services and add their own stamp, creating new industries and shaking up existing ones.
www.thenewrevolutionaries
From The Guardian After YouTube and MySpace, what next? As the internet continues to change at a breathtaking pace, David Smith goes to Silicon Valley to meet the architects of the next web explosion
The people spilling out of Ritual Coffee Roasters on to the San Francisco sidewalk scent more than coffee beans. Inside there are twenty and thirtysomethings, most of them male, working intently at laptops and harnessing the power of the internet. They are not merely logging on to look at MySpace or YouTube or The Next Big Thing. They plan to be The Next Big Thing.
Click here to read full article
Ubops.com - Your world of business possibilities
Give a Little Extra This Christmas
Buy a business this Christmas. A gift for life From www.BusinessesForSale.com
This Christmas, buy your partner a present that will change their lives forever. Buy them an entire business (and a new life) from www.BusinessesForSale.com
According to www.BusinessesForSale.com - a site with over 40,000 businesses for sale - this isn't as strange as it sounds. A recent ABC audit has shown that over 360,000 buyers visit BusinessesForSale.com every month.
Jo Dalton
in 1.Buying a Business, 3.Starting a Business, 9.Biz News
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Ubops.com Takes 200 Ads in First Week
With over 200 adverts added in its first week of operation, Ubops.com is already being dubbed the 'Ebay of Business'.
Adverts created on Ubops have included:
A passenger ship for sale that can be converted into a floating casino:
http://www.ubops.com/opportunities/56m-300-Passenger-Ferry-Available---Maybe-Suitable-As-Casino-Ship
Opera singers for corporate events:
http://www.ubops.com/opportunities/Holiday-Opera-Singers
A fresh produce exporter from Australia:
http://www.ubops.com/opportunities/Exporter-Of-Fresh-Australian-Produce
50% of a radio station in Spain:
http://www.ubops.com/opportunities/Own-your-own-media-and-radio-station-in-Spain
A movie seeking £1m:
http://www.ubops.com/opportunities/Hot-Movie-Seeks-1m
To advertise your business opportunity, go to:
http://www.Ubops.com
Occupiers’ Market Has Driven Down Lease Lengths
SMEs are in a position to command a better deal when it comes to renting premises.
The length of a commercial property lease has fallen for the fifth year in a row.
In an annual review, carried out by the British Property Federation (BPF) and Investment Property Databank (IPD), it was shown that the average length of a new commercial lease in the UK is now 6.2 years, as opposed to 8.4 years in 2001.
Jo Dalton
in 4.Growing a Business, 9.Biz News
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Tony Wilson
Record label owners can be seen as villains of the music industry: stifling innovation, rewarding banality and choosing good looks over talent.
Impresario Tony Wilson – a Rock n’ Roll executive – was different.
Fewer ‘sickies’ pulled at Small Businesses
Employees of small businesses take fewer sick days than their counterparts in larger organisations, but staff absence hits small businesses harder.
That’s the conclusion of research conducted by the Federation of Small Businesses (FSB).
Employees at small businesses had an average of 1.8 days sick leave per year, according to the survey of 4,000 FSB members.
Adam Bannister
in 9.Biz News
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SMEs Missing Out On Business Via the Internet
While customers are willing to spend online, it seems businesses aren't.
Despite research indicating that 76 per cent of consumers search for a local business online, many SME’s are still not allocating any budget to this method of promotion but instead continue to spend thousands of pounds on listings in paper directories which are only consulted by 18 per cent.
Bad Debt Recovery
Small and medium businesses (SMEs) are failing to protect themselves from debtors who fail to pay their bills.
The problem of unpaid invoices and monies – otherwise known as ‘bad debt’ – is costing SMEs £3.6bn and about 286 million man hours a year, according to a new study by Bibby Financial Services.
Adam Bannister
in 4.Growing a Business, 9.Biz News
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Relocate to Manchester
During the Industrial Revolution Manchester established itself as a cosmopolitan hub of industry and manufacturing, and it rapidly became the centre of industrial reform in the UK.
However, over the past few decades the region’s economy has diversified and there is a lot more choice for investment than just cotton and railways.
The main industries in the region are financial and professional services, and the life science and creative industries. Financial, professional and legal companies employ 160,000 people in the area, making it the largest centre for these sectors outside London.
Adam Bannister
in 6.Location Profiles
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Big Money for the Big Idea
£100k to start your business and free retail space in New York for one year – that’s the prize in ‘the Ultimate Challenge’, Microsoft’s competition for the most innovative small business idea.
The software giant will also provide free software and infrastructure for the winner’s start-up business.
Adam Bannister
in 3.Starting a Business, 9.Biz News
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Making Your First Million Like Madonna
"Why do women entrepreneurs lag behind in the millionaire stakes?"
Tricia Fox, founder of the award winning entrepreneurial network, Bacon, Eggs & Entrepreneurs, thinks she and Madonna have the answers, and she'll be sharing her top tips with an audience of female business women and start up entrepreneurs from all over Scotland at Scottish Enterprise’s Women into Business National Conference on Sunday 19th November.
Fox says: "It’s not just a women’s issue. It’s a huge waste of talent and opportunity for the nation as a whole.
Jo Dalton
in 8.Inspiration, 9.Biz News
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When Profit isn't the Bottom Line
From the BBC: People usually set up their own business for one or all of the traditional reasons: money, power and freedom.
But there is a growing breed of new entrepreneurs whose business heart beats to a different drum.
Click here to read full article
Ubops.com Your world of Business Opportunites.
Female Entrepreneurs 'Neglected by UK Government'
From Reuters: Women-led businesses need more support from the government if female entrepreneurs are to overcome lack of confidence and finance to achieve their real potential, a study said on Wednesday.
The report by research programme Global Entrepreneurship Monitor (GEM) published to mark National Women's Enterprise Day found women needed bigger incentives than men to take the risk of setting up on their own.
Click here for full story...
Ubops.com. Your world of Business Opportunites.
Fortune 500 Consultants' New Book
A new book claims that idea development is either overlooked or left to haphazard methods by most corporations - including many in the Fortune 500.
Lightning in a Bottle, written by two consultants and ‘idea-engineering gurus’ to Fortune 500 companies for the past 25 years, points out that even the most modern corporations usually employ a random and disorganised system of brainstorming, focus groups and quantitative consumer research.
Adam Bannister
in 3.Starting a Business, 4.Growing a Business, 8.Inspiration
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Sorry, You’re Just Not Right For Us...
Recruiting is always going to be difficult. But when you have found the right candidate, it's important to let the wrong ones down gently.
After having sifted through numerous applications, CV’s and covering letters, then narrowed down your search, conducted interviews, and given the matter a great deal of thought, by now, you should be in a position to make an offer to your preferred candidate.
But what about those unfortunate applicants who got so close, only to fall at the final hurdle?
Jo Dalton
in 3.Starting a Business, 4.Growing a Business
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What the Vote Means for US Business
From Businessweek: Most immediately: The minimum wage may well rise soon. Beyond that, some of the Democratic Congress' moves will help, and some will hurt.
Now that the Democrats control both houses of Congress and hold the majority of governorships for the first time since 1994 (see BusinessWeek.com, 11/8/06, "Capitol Hill's New Reality"), what should small-business owners expect?
Click here to read full article.
Post-Election Advice for US Entrepreneurs
From Businessweek: Now that change is coming to Washington, here's how issues like minimum wage, health care, and immigration reform could play out for small-business owners.
With the midterm election ballots finally tabulated, every small-business owner would like to have a crystal ball. How will the shift in congressional power change the atmosphere for small business over the next two years?
Click here to read full article
Ubops.com. Your world of Business Opportunites.