Self-inflicted distractions that cost your business (and the economy) billions.

We are being shaken up. Officially. Just recently, we published this blog about an initiative being implemented by the UK's HMRC towards a more digitised way to reduce tax error and capital loss in the UK's business community. And yet, there are still businesses who are on a trajectory for failure, simply because they're not optimising the way they run their businesses. Here's the reality:  Avoidable tax errors cost the Exchequer almost £9 billion every year Productivity loss associated with ill-health is costing the UK economy £77 billion a year. Unproductive workforces are costing British businesses a total of £22 [...]

2018-11-06T08:55:05+00:00November 6th, 2018|News, SME Growth|0 Comments

Tick Tock: A surprising amount of work still to be done for SME Digitisation

The UK SME community still has a lot of digitisation work to do. And this time, the decision is being made for us. The way we submit our Tax and VAT returns in the UK is changing. As of 1 April 2019, maintaining and keeping paper records of financial transactions within businesses will no longer meet the legal requirements, which means that switching to digital record-keeping moves from being a "here's how to run your businesses efficiently" conversation to one which reads, "here's why you risk financial penalty if you don't".  The UK's HMRC has introduced the Making Tax Digital [...]

2018-11-01T09:31:12+00:00November 1st, 2018|News, RE:Focus, SME Growth|0 Comments

Hardy Giesler Interview: Why the Rail industry is in big need of corporate investment help

Hardy Giesler, co-founder of CFPro Ventures, is no stranger to rail infrastructure - you just need to read the case study we've published on Transport for London to figure that out.  We interviewed Hardy about the growth of the SME community within the rail and infrastructure sector, the challenges they're up against, the opportunity that awaits, and why corporate venture investment is the answer to exponential growth - on both sides of the negotiation table. These are his thoughts: Q: What state is the UK rail industry in – in terms of growth?  Where is it doing well and where [...]

2018-10-09T14:23:47+00:00October 8th, 2018|Corporate Venturing, News, SME Growth|Comments Off on Hardy Giesler Interview: Why the Rail industry is in big need of corporate investment help

Diving into Innovation at NCE Tech Fest

Today kicks off a stalwart event in the Innovations and Tech Industry. CFPro Ventures has been invited to take a seat on the judging panel at this year's NCE Tech Fest - a Festival of Innovation that aims to showcase and celebrate the innovations and technologies that will drive the industry forward. Having already met some of the candidates taking part in today's event, we have already been astounded at the high calibre of entrepreneurship and capability being displayed throughout.   Digital Improvement of Productivity But there's one thing that stands out from today's event: most of what we've seen [...]

2018-09-19T10:17:44+00:00September 19th, 2018|Corporate Venturing, News, SME Growth|Comments Off on Diving into Innovation at NCE Tech Fest

Help with Series B business funding: What to know.

It wouldn't take a lot for you to find articles about institutions, individuals and initiatives that are promoting the concept of "business funding". But take a few extra minutes to sort through the parade of promotional funding help, and you'll soon identify a couple of things that make the search for business funding slightly less exciting. So, to help you along your business growth journey, we thought we'd share a few home truths.   Barrage of Help: But at a price Financing a business is viewed by many people starting out on their own business journey, as a necessity for [...]

2018-09-06T10:49:28+00:00September 6th, 2018|News, SME Growth|Comments Off on Help with Series B business funding: What to know.

If your digital isn’t working, is your analogue good enough?

Although sparking a rather comical look at digital disruption, the news this week of Gatwick Airport's digital flight display systems going following an IT failure, and having to resort to the good old white board and marker, left more than just a smile on our faces. In a world that is saturated with articles about digital disruption, digital change and digital readiness, sometimes things simply go wrong - as in the case with Gatwick Airport and their reliance on a service provider to deliver a critical part of their operational infrastructure. And when things go wrong, and digital goes down, [...]

2018-08-22T13:28:47+00:00August 22nd, 2018|News, SME Growth|Comments Off on If your digital isn’t working, is your analogue good enough?

The real truth behind Innovation within UK business

One could probably rebuild an entire life-size replica of Stonehenge using all the scholarly articles and books on Leadership and Management styles, 7-fold over - and we are not about to repeat what many knowledgeable, insightful business scholars have said before. However, in an evolving world - where innovation, collaboration and sustainability is a topic so familiar and as common as the salt in our grinders, the milk in our coffee and the water in our kettles, we still we see organisations battling not with understanding what needs to be done, but rather identifying the way, for them, to get [...]

2018-08-16T09:07:19+00:00August 16th, 2018|News, SME Growth|Comments Off on The real truth behind Innovation within UK business

Why the UK Tech industry is poised for growth, and why foreign investors want a piece of the (tech) pie.

Our sister company, CFPro, today published the results of a Deloitte Survey of UK CFOs discussing their concerns, areas of focus and how they intend to prepare for continuing economic instability. Although the consensus is that UK CFOs are concerned about the long-term effects of Brexit, in the short-term, they're focussing on managing the growing level of skills shortages and managing cash flow within their organisations while at the same time, keeping an eye on innovations that continue to drive their business towards growth. On the home front, businesses push forward to sustain their bottom line through a period of [...]

2018-08-09T14:17:54+00:00August 9th, 2018|Corporate Venturing, News, SME Growth|Comments Off on Why the UK Tech industry is poised for growth, and why foreign investors want a piece of the (tech) pie.

Are you happy to be just another statistic?

The news broke this week of yet another retail giant being exposed to ceaseless cyber-attacks resulting in 10m of their customers' personal data being compromised. According to the news story, "Dixons Carphone has admitted a huge data breach involving 5.9 million payment cards and 1.2 million personal data records." - BBC, 31 July 2018. What's probably worse is the fact that this hacking attempt started in July 2017 - one year ago. It still astounds us how so many organisations are ill-prepared for the digital war going on under our very noses. And yet, even larger organisations, who may appear [...]

2018-08-01T16:04:57+00:00August 1st, 2018|News, SME Growth|Comments Off on Are you happy to be just another statistic?

When the retirement of someone else seeds your growth advantage.

In the town where the talk is mostly startup,  lies a huge chasm of opportunity for almost-instantaneous business growth in entrepreneurs preparing for exit and/or retirement. These are the people who have spent most of their lives building and growing their businesses through the aches and pains of the startup and seed phases, and who have enjoyed solid, prosperous rewards. They may not have become a Google or an Amazon, but they've certainly generated a solid revenue stream, they have built up a stable customer base, their company culture has evolved and stabilised into what they wanted it to be, [...]

2018-07-26T10:53:29+00:00July 26th, 2018|Corporate Venturing, News, SME Growth|Comments Off on When the retirement of someone else seeds your growth advantage.
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