CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow Forum of Private Business launches Pocket Guide for Small Business Saturday
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Forum of Private Business launches Pocket Guide for Small Business Saturday PDF Print E-mail
Thursday, 01 December 2016
To coincide with Small Business Saturday, the Forum is launching a ‘Pocket Guide to Business Start-ups’, and promoting a Small Business Membership Package aimed at the start up market. 

Small Business Saturday is now in its 4th year and even more businesses are now getting involved. In 2015 more than 16 million people took part by going out to support a small business and 64% of the UK was aware of the day.

Chief Executive, Ian Cass emphasised, ‘At the Forum we know how important it is to support new business start-ups in the early years of operation as over 90% fail in the first 3 years of trading. It is estimated that there are around 5.5 million businesses within the UK with over 99% of business being small or medium sized, of which 96% being micro business employing 0-9 members of staff.

2015 saw the birth of 383,000 new businesses being formed with 252,000 businesses folding and going out of business.’ What can the Forum give to a new start up business

After a number of months of trading new business owners find that they come up against the things they didn’t know about in business and need help to overcome them.

These are some of the tips that the Forum would recommend to any new start up -

1. In order for your business to be a success, research, research and more research. Is there enough demand for the product or service you plan to supply. Do your homework and make sure you get impartial advice, check your competition and see if the idea you have already exists. Don’t let it deter you if it does, just get out there and execute your business better.

2. A Business Plan is one of the most important documents any new business should have. It will help you to determine where your business is going and how it will overcome any potential difficulties and what you need to sustain it. Think about what you need to include from a business aim and objectives, SWOT analysis, financial processes, targets and business risks. A lot to include but a business plan that is used and continually updated will make a better and successful business.

3. After putting together the company structure and business plan you will need to register your business. There are different routes to this dependant on the company structure you have chosen. The Forum works closely with Company Registrations who will guide you through the process of forming your business officially on paper.

4. Purchasing insurance for your business is an important step that should happen before you officially launch. Insurance you may need range from Public Liability, Building and Contents, Professional Indemnity/liability to name a few. A wide range of insurance protection is included with a Forum of Private Business membership which is designed to protect small employers and help you to survive traumatic events.

5. And finally a small business owner with the vision to create a dynamic, customer focused marketing strategy – and the discipline to carry it out will have a real opportunity to do something special with their business. Being smart with marketing ensures the success of your business by attracting the right customers and retaining them long term. 1 in 5 businesses view increased marketing spend or improved marketing as the key to growth.
 
CCRI
3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas
CCRI 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards

Awards 

Tuesday 3 October - Guoman Tower Hotel, Central London


Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.


To book your place to attend, please contact Alison Lucas.


subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197