In the race to fight Covid-19, many businesses are pivoting from what they traditionally offer to provide essential services – generating a new income stream in the process. While Mercedes F1 engineers have turned their attention to producing ventilators for example, Brendan O’Shea’s business, Just Clear, has bolted on Covid-19 decontamination services in addition to … Read more
Charities face a grim future and even the threat of closure over the next couple of months if they’re not helped urgently and given funds to stay afloat, many are warning. Thousands of charities are in a difficult position and are appealing for funds from the public or face bankruptcy as fundraising events are cancelled … Read more
Banks told to stop asking small business owners to put their own assets up as guarantee to access government-backed coronavirus loans The IoD said all banks should drop requirements for personal guarantees Some banks have been criticised for insisting that business owners put their personal assets as a collateral in exchange for the Government-backed loans Seven … Read more
Chancellor Rishni Sunak unveiled a financial rescue package for the self-employed last week, which will give up to £2,500 per month in grants for at least three months. It comes as millions of self-employed workers have struggled to cope financially amid the nationwide coronavirus lockdown. They have been hit by restrictions on travel, a cut in … Read more
All over Britain, business-owners are grappling with losses as events are cancelled, stock orders are placed on hold and people follow the lockdown orders issued by the government. Entrepreneurs face a challenge like never before as they grapple with threatening the very survival of their small businesses. But some are innovating to get through – often … Read more
All over Britain, business-owners are grappling with losses as events are cancelled, stock orders are placed on hold and people follow the lockdown orders issued by the government. Entrepreneurs face a challenge like never before as they grapple with threatening the very survival of their small businesses. But some are innovating to get through – often … Read more
Getting a receipt printed out at the till could soon be a thing of the past on a national and even global scale if these three entrepreneurs get their way. Matty Cusden-Ross, Veronique Barbosa and Tom Reay are the founders of a digital receipts start-up called Flux which aims to eradicate the practice of automatically … Read more
Just a month ago the medieval town of Shrewsbury was hit by the worst flooding it had seen in 20 years. The River Severn rose to record levels and much of Shropshire’s county town and its half-timbered buildings were cut off. Some shops shut down after footfall fell to 25 per cent of the previous … Read more
The Government’s small business coronavirus rescue loans were launched today, but some entrepreneurs say they are confused as to whether they can get help. The Coronavirus Business Interruption Loan Scheme was announced in the Budget and beefed up last week by Chancellor Rishi Sunak to sums of up to £5million, and is available through the British … Read more
Enterprise Nation’s Emma Jones shares her tips for small businesses on how to best to weather the coronavirus storm Small business founders could be forgiven for diving back under the covers, says Enterprise Nation’s Emma Jones. But while we shouldn’t underestimate the collateral damage the coronavirus will inflict on our economy, if we keep on … Read more