Selling things online for a profit means paying special attention to your margins. Anything you can do to lower your costs will expand those margins, providing you with the cash you need to invest. Often, finding these savings can be especially tricky – especially if you’ve been meticulously reviewing and optimising your practices for years. But for newer businesses of this sort, there are obvious measures which can quickly yield worthwhile results.
Debt is a daunting factor for any business, no matter how successful it may be. If your company is struggling with debt, then it is vital that you find out the information you need to help either resolve or help the situation, because sometimes a simple, tailor made plan can be what's needed to help you through the process.
Regardless of what kind of business you run, your employees are the heart and soul of your operation. When it comes to finding the right staff for your company, many businesses are choosing to hire apprentices. With apprenticeships covering over 1,500 job roles and 170 industries, here are some of the benefits that you can gain from employing an apprentice.
Drones — or unmanned aerial vehicles (UAVs) — are quickly gaining traction amongst both individuals and major companies. Just two years ago, the market worth of UAVs was only $14.1 billion. Now, experts predict it will reach $43 billion in the next four years. This immense growth reflects the expansion of the commercial drone. It's also proof of just how transformative drones have been — and will be — for businesses globally.
Welcome to the Q2 issue of SME News. And so we’ve reached the re-opening stages of this lockdown, tentative though it may be. With the next few days bringing about a host of business-related openings there is the expectation that we’re truly emerging out of the other side. Albeit, without many of the ‘normal’ expectations we have. It’s been a baptism of fire for businesses new and old, in a truly unprecedented situation that no one could really predict or wholly prepare for. This issue will then focus on the optimism presented by the unknown future. Even if we do have to backtrack and return to more distant times, we will be more prepared and knowledgeable about what to expect. We’re experienced now in it all. Lessons have been learned, and companies up and down the country will be better equipped to grow and thrive in less-trying times. Onwards and upwards. So, whenever you have the time, sit back and take a look at this issue. We’ve focused on a select number of SMEs that are looking at becoming better, more resilient and more robust in the months and years to come. In the meantime, we hope you stay safe. We’ll be here next quarter to give you the latest in UK SME news.
But, the focus of this issue isn’t the pandemic. In light of International Woman’s Day, which already seems like a lifetime ago, SME News wanted to spotlight the work of women-owned companies who are driving industries and shifting paradigms. So, let us focus on something positive. Let’s look at the female pioneers and disruptors who are shaking the world of UK business and beyond.
Genius Marketing, our front cover for this edition, has swiftly gathered a burgeoning client base through its creative and compelling services. Marketing companies are seemingly everywhere these days, all promising ‘best in class’ solutions to a whole host of prevalent problems. For SMEs it can be difficult to figure out how a marketing firm can benefit their operations. Genius Marketing dispels concerns in an instant with actionable, achievable and effective brand solutions for SMEs, regardless of where they are on their ‘business journey’. We profiled the firm to find out more.