By clicking “Accept All”, you agree to the storing of cookies on your device to enhance site navigation, analyse site usage, and assist in our marketing efforts
Essential
These cookies enable our website and App to remember things such as your region or country, language, accessibility options and your preferences and settings.
Analytics
Analytic cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
Marketing
Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.
Hi All, I've searched through this site and found many helpful threads but am hoping for some (accounting) advice regarding taking over a shop I've had my offer accepted on.
Background: Shop is a small local grocery shop, 7 year leasehold with 3 years remaining, shop owner is a sole trader and...
I am in the process of establishing an online business in the electronic and home goods sector, inspired by successful models such as Walmart, Target, Best Buy in the US, and Currys, Argos, and AO.com in the UK. While I have a startup budget of £5000 - £10,000, I aim to emulate these businesses...
Innovation is essential for driving organisations of all sizes forwards, but the demands of entrepreneurship mean it often gets overlooked. Here’s why innovation should be a priority for entrepreneurs, and how to make time and space for it in your small business.
Innovation is a buzzword you’ll...
It's perhaps not the right place exactly but if there were any small IT business owners thinking about making a change and would like their clients to be looked after by another mature IT provider then please get in touch and let's have a chat.
The question of growth is so relevant, but it feels especially poignant this year. I'm interested in hearing your thoughts on how you foresee the year unfolding for your enterprise and what strategies you believe will be most effective in driving growth.
Do you have an optimistic outlook...
Hi everyone,
Hope you are all having a great 2024 so far. Just posting to see if anyone has advice on how to expand my business. I'm selling second hand goods only in one city at the moment, I source the stock and list and sell on gumtree/fb marketplace myself. I don't have any warehousing or...
Hi there,
Background
My company sells a range of products within a single market. Similarly to many other companies globally we have products that are absolutely fundamental to the work of our customers (pens pencils etc), and some products that improve the quality or their work, save them...
Hi,
I am new to the world of digital marketing and this forum space. I have read the basics but am still very much in the dark!
I am trying to grow my business and read that forums are a great tool and place to do this.
Any startup tips would be much appreciated,
Thanks,
I wanted to discuss aligning organizational values with praise and public feedback in our workplace culture. It's a crucial element that can shape a positive atmosphere within our organization. When we acknowledge and praise employees who embody our core values, it not only boosts their...
Hello everyone,
I'm reaching out as a developer seeking your valuable insights. I'm considering the development of a CRM (Customer Relationship Management) system that could cater to various types of businesses, ranging from transportation and locksmith services to pest control.
While these...
Hi everyone,
I started an outsourcing firm for accountancy practices in UK. I currently work at a practice and alongside that I am trying to grow this business. We are based in Cardiff and we have a team in India to outsource the work to. I am struggling to find clients, I am wondering if...
Hi Everyone,
Hope you're all doing well. I wanted to kickstart a casual, yet insightful discussion on a topic that's been making waves across various industries – Artificial Intelligence (AI).
Have you integrated any AI elements into your business operations? Whether it's experimenting with...
Artificial Intelligence (AI) is becoming increasingly present in our day-to-day lives. We use it subconsciously to assist in even the smallest of tasks – from facial ID on our phones to voice assisted home devices.
Yet, whilst we’re easing into a home life aided by AI, many of us aren’t fully...
In a hope of finding a good investment opportunity due to recent loss in my existing business, I was looking for some safe & secure business ideas even though I now know there is no such things called safe and secure in business.
However, I’ve been researching about car rental business for the...
Hi, hope you are all Well , would love your feedback or advice on what I should do.
I run a small ecommerce Business that Sells cricket equipment in UK, I started part time at university, and have managed to be fully self employed for the past 2 years with Revenue around 140k mark and gross...
Whether you have an established company and are looking to expand, or you're new to the industry and want to invest in a successful business, franchising can be a lucrative venture for both the franchisor and the franchisee.
Being part of a fully operational, successful company can prove...
Hi, I'm finalising my business plan for my retail shop and I was wondering how many customers people get on average an hour/a day? with both high number days & low number days! I'm starting a spiritual shop so any retail shop that sells similar things would be really helpful. I'm doing as much...
Greeting fellow members of the UKBF! My name is Ayoub, and I am excited to introduce myself as a new member to this great forum.
I'm 18 years old, I am a passionate self taught web developer and the founder of a startup called Starsky AI. which platform utilizes advanced artificial intelligence...
From a sandwich shop in The Bear to a global media conglomerate in Succession, the challenges of taking over a family business are in the spotlight more than ever.
Taking over an existing business is a complicated process. There’s a lot that you need to unpick around its performance...