Jonathon Hand, founder of The Lease Negotiator, shares essential advice for business owners navigating the complexities of commercial leases. From hidden costs and restrictive clauses to unclear repair obligations and tricky break conditions, Jonathon highlights the key red flags to watch for and offers practical tips to protect your business. Before signing on the dotted line, this guide is a must-read for ensuring your lease works for, not against, your success. A commercial lease agreement is likely to be one of the most crucial documents you ever sign as a business owner, but rushing the process or signing on the…
Author: sme-admin
Cuboid, a spin out of leading property giant FI Real Estate Management (FIREM), has announced the pilot launch of a new product, Business in a Box, offering startups and SMEs the opportunity to have their own self-contained business unit. The Business in a Box product is a 160 sq ft two-storey container, with an office space on top, fitted out with electricity, heating, power points, lighting, windows, flooring and insulation, ready for businesses to get up and running from the off. The product aims to offer companies a more cost-effective, flexible solution to standard office space. A recent study by Area found that after…
Over two third (69%) of UK decision-makers surveyed say sustainability is important for their business, while 61% consider the circular economy important. Nearly 9 in 10 (89%) consider waste management important in becoming a sustainable business. But, despite these good intentions, only 53% of UK businesses have their recycling collected. The main barrier to being more sustainable is ‘cost’ say over a third (36%) of SME business decision makers surveyed in recent research from sustainable waste management firm Biffa with a survey conducted by the YouGov analysis institute. At a time when SMEs and larger businesses may be looking to save money, improving recycling strategies amid other sustainable practices goes a long…
Rachel Woolford, the 2024 winner of the BBC’s ‘The Apprentice’, has revealed plans to launch her first joint initiative with Lord Sugar, in her home city of Leeds. The project will see Rachel expand her hugely successful fitness space, North Studio, to offer a dedicated Reformer Pilates studio – right next door. Lord Sugar has partnered with Rachel to purchase the commercial premises which will be part of an expansion of the existing Leeds studio and will further enhance North Studio’s Pilates offering with an extra 120 classes a month. Former economic and business management student turned fitness entrepreneur Rachel,…
With Dry January sparking conversations across workplaces, homes, and communities, the topic of alcohol use—and its challenges—feels particularly relevant. While many focus on taking a break from alcohol for health and well-being, it also opens the door to a much-needed discussion about problem drinking and its impact, especially in the workplace. In this insightful article, Professor Marcantonio Spada, Chief Clinical Officer at Onebright, provides practical steps employers can take to support their teams. Drawing on his extensive expertise in mental health, addictive behaviours, and workplace well-being, Professor Spada sheds light on an issue that affects millions across the UK. Although,…
The Department for Business and Trade’s (DBT) ‘Made in the UK, Sold to the World’ Awards are open for SMEs to enter until 9 March, with the addition of two new categories and an expanded prize package to honour exceptional accomplishments in global trading. The awards celebrate the international sales success of SMEs across the UK and provide a stepping stone for further growth and opportunity. This year, two new categories have been added: Digital & Technology and Export Services – the latter aiming to recognise the contribution of businesses that facilitate UK exports. The other categories cover Advanced Manufacturing…
Tariq Peters, Freelance PR Consultant & Personal Branding Coach, discusses why personal branding is an important asset for any entrepreneur and looks at how it has evolved into a vital component to achieve personal and professional success. Personal branding is the intentional process of defining and communicating your unique value to others. It encompasses your skills, experiences, and qualities, all of which help distinguish you in your industry or field. Whether you’re a startup founder, a small business owner, or a creative professional, investing in your personal brand can significantly impact your business growth and career trajectory. Here are five…
In a recent webinar, Jon Burt, Head of Enterprise Architecture at Manchester City Council, and Rick Goud, Co-Founder and Chief Innovation Officer at Zivver, discussed what is meant by “right-sizing”, how it impacts the risks of data loss, and how to build a security-conscious culture across the entire organisation As any security leader will be all too aware, safeguarding data can be something of a tightrope walk. It isn’t necessarily about having the “best” or most robust cybersecurity strategy in place; it’s about striking a balance between data protection, cost-effectiveness, usability, and discovering an approach to cybersecurity that works for…
Laura Leslie, corporate partner at DSG Chartered Accountants in Liverpool, discusses how businesses can best prepare for the audit process and spot potential complications early. An audit is an independent examination of a company’s financial records by a qualified auditor. This examination assesses the accuracy and reliability of the company’s financial statements, ensuring it complies with accounting standards and provides a true and fair representation of the company’s financial position. Audits are crucial for small businesses as they enhance credibility and trust among stakeholders, including investors, lenders, and customers. An audit can also help to detect errors in financial reporting,…
Workers planning for their retirement across the UK could be at risk of significantly downplaying the possibility of needing later-in-life care, research from independent consultancy Barnett Waddingham finds. The findings, taken from Barnett Waddingham’s latest report “The At Retirement Reckoning”, reveal that more than a third (36%) of people expect their health and care costs to increase substantially well into their retirement. Despite this expectation, fewer than one in five (17%) have fully factored having to go into care into their retirement plan. The cost of care: expectations In the research, workers were asked to what extent they anticipated their…