Advantages and Disadvantages of a Franchise

Rather than carrying out a company formation to start a new limited company, people often buy into an established franchise to get started in business. But what are the advantages and disadvantages of a franchise? Advantages of a Franchise As a business structure, a franchise can certainly be an appealing option. With a number of …

Finding Funding for Innovative Startup Businesses

We are aware of the issue for many first time entrepreneurs of knowing what sources of funding are available and how to go about getting them. For businesses with high startup costs, or where product development is needed, lack of appropriate funding often means businesses don’t get started at all. Once possible funding sources have been …

The Digital Skills Gap For Startup Businesses

A number of reports published in the last year looking at digital skills in small businesses, and in the general workforce, but very little work has been done on early stage startups. The Company Warehouse have been looking at newly registered businesses and how their digital skills compare with established small businesses. Our new study …

Micro-Businesses Show Biggest Productivity Growth

The latest productivity figures from the Office for National Statistics (ONS) show that the greatest increases in productivity since 2008 have been among micro-businesses. The ONS define micro-businesses as ones with between 1 and 9 employees. These businesses account for 19.83% of all UK business but if you also include businesses with no employees that …

Does my business website need an SSL Certificate?

When a website is using an SSL certificate your web browser will display a padlock in the address bar and it may go green. (The start of the web address will also normally change from HTTP to HTTPS with the S standing for secure). This shows that the site is secure and OK to use. …

Freelancers and Self Employed Driving Growth in New Businesses

The Business Population Estimates for 2014 have just been released by the Department for Business Innovation and Skills (BIS) and the Office for National Statistics (ONS). As there is no central register for businesses in the UK they put together a report every year to try and estimate how many businesses there are in the …

Rules on running a business from home to be relaxed

Around 70% of new businesses are started from home. Sometimes this is because they grow out of a hobby but mainly it is because it is the simplest and most cost effective way to get going. Increasingly people are choosing to run their business from home as it saves time wasted commuting and makes it …

Are you a hidden entrepreneur?

The latest report from the RBS Enterprise Tracker claims that 1 in 5 UK adults are ‘hidden entrepreneurs’. These are defined as people who spend their spare time on hobbies or activities which could, or do, earn them extra income. 38% of these people reported that they earned extra money from their hobby 15% hoped …