Recent content by Amalie Smith

  1. Amalie Smith

    How will the Budget affect your business? Share your thoughts...

    Hi everyone, Following the Chancellor's Spring Budget today, we're already thinking about how it will impact small businesses and what it means for our members. We'll be sharing an article later this week with a breakdown of the key areas and how they might affect SMEs, but we'd love to hear...
  2. Think big, start small: How to roll out digital tools at scale

    Think big, start small: How to roll out digital tools at scale

    Introducing technology at scale is a no-brainer for small businesses, helping to save time, reduce operating costs and be more competitive. Here’s why it’s easier than you think. While most small business owners use technology in their businesses, there’s still a lot of hesitancy about rolling...
  3. Financial health check: Preparing your business for the fiscal year

    Financial health check: Preparing your business for the fiscal year

    A new year always brings a sense of optimism. January marks a time to refresh and reset, and put strong processes in place for the rest of the year. If you haven’t already, it’s an ideal time to conduct a financial health check and ensure your small business is in good stead. 2024 is set to...
  4. Amalie Smith

    What's the best advice you've received this year?

    Hi everyone! It's that time of year when we start reflecting on the previous 12 months and looking ahead to the next year. At UKBF, this means finding out what our community have been talking about, the challenges they've faced and the advice they've given to fellow business owners. We're...
  5. Amalie Smith

    What are your thoughts on today's budget?

    Hi everyone, If like us, you've been following the Chancellor's Autumn Statement today, chances are you're already thinking about how it will affect you and your business. We'll be posting an article covering all the main points and the impact on small business, so keep an eye out for that in...
  6. What to do if your business is hitting the VAT threshold

    What to do if your business is hitting the VAT threshold

    For many small businesses, hitting the VAT threshold is a challenge. Whilst growing your business and increasing turnover are signs of success, some may find themselves worse off after they start paying VAT. In this article, we’ll take a look at the rules – including when you need to register...
  7. Starting a clothing brand: your complete guide to fashion success

    Starting a clothing brand: your complete guide to fashion success

    Been browsing high street clothing shops and thinking you could do it better? Ready to bring your sketchbook full of fashion designs to life? Armed with the right know-how, you can turn your creativity into a thriving independent clothing brand. Here’s how to get started. Know your value...
  8. How to open a mobile phone shop in five steps

    How to open a mobile phone shop in five steps

    So, you think opening a mobile phone shop could be your next calling – but you’re not sure where to start. As a nation, most of us couldn’t go a day without our mobile phones. Almost 100 percent of 16-24 year olds owned a smartphone in 2022 – and with their popularity growing amongst older age...
  9. How to stand out when selling B2B: a nine-step guide

    How to stand out when selling B2B: a nine-step guide

    Your business is growing and you’ve seen some success, but you want to stand out from the crowd when selling B2B. According to gov.uk, there were 222,068 new incorporations in the UK between January and March 2023. That’s a lot of businesses to contend with – so, how can you be better than the...
  10. How to pitch your product in shops and cafes

    How to pitch your product in shops and cafes

    Are you all set to take the shop and cafe industry by storm? Maybe you’ve sent a few emails and made some phone calls, but it’s all gone a little quiet. Ambitious plans to expand your client list are taking priority; it’s time to meet your target groups face to face, but have you polished your...
  11. How to identify your target market

    How to identify your target market

    As with many budding entrepreneurs, you may have a business idea to revolutionise your sector. But do you really know your target market? Whilst your product might be pristine, you may not have anyone to sell to if your marketing efforts are misplaced. So, if you’re ready to capture the...
  12. Social media marketing for your small business - is it worth it?

    Social media marketing for your small business - is it worth it?

    Social media marketing has done wonders for companies across the globe - but is it right for your business? With the seemingly-unending rise of platforms like Instagram and TikTok, it’s no surprise that businesses are turning to social media as a part of their marketing strategy. But how do...
  13. Tuffnells administration: what does it mean for business owners?

    Tuffnells administration: what does it mean for business owners?

    On 13th June 2023, B2B delivery giant Tuffnells announced it was going into administration, making mass redundancies and leaving many business owners floundering with no one to deliver their items. The Sheffield-based business has made some 2,000 employees redundant across 330 depots, after it...
  14. Opening a tea room in six steps

    Opening a tea room in six steps

    We Brits love a cuppa, and with tea industry revenue estimated to amount to £2.1 billion by 2025, opening a tea room could become quite the lucrative venture. Do scones and clotted cream consume your small business dreams? Perhaps you’re a coffee connoisseur ready to turn your hand to the tea...
  15. Theo Paphitis to host event discussing small business issues

    Theo Paphitis to host event discussing small business issues

    Ex-Dragons’ Den star Theo Paphitis – creator of one of the UK’s leading small business initiatives, Small Business Sunday – has teamed up with NatWest to host a roundtable event in London on Thursday 29th June 2023. Theo Paphitis is passionate about supporting small businesses, startups and...