What to think about now to grow later Starting a business is often driven by an idea, a skill, or a gap in the market. But turning that starting point into a sustainable, growing business requires more than enthusiasm. Early decisions – sometimes made quickly or informally – tend to…
The government has launched its Small Business Plan which it believes will help small businesses to grow and encourage entrepreneurs to start businesses. The plan recognises that small businesses make a vital contribution to the economy, employing 60% of the UK’s workforce and generating £2.8 trillion in turnover. Here is…
Understanding economic changes: How recent events affect businesses Data releases in recent weeks from the Office of National Statistics (ONS) coupled with Bank of England decisions might make recent news about the economy seem a bit confusing. Understanding how this news affects businesses is important so let’s break it down.…
Unlocking the value of your business Cornwall Insight predicts a decrease in domestic energy prices this April, potentially followed by a Summer dip. This welcome news could ease inflation, a major contributor to the UK’s economic woes. Lower energy costs might lead to reduced interest rates, fostering a more optimistic…