Small Business Saturday Blog

Say Hello to the 2017 Small Business Saturday Champions

Thursday, August 31 at 16:15
Small Biz 100 | Small Business | Small Business Saturday | Small Business Saturday Uk Champion

Small Business Saturday is pleased to announce its champions for the 2017 campaign!
The Small Business Saturday Champions are previous members of the Small Biz 100 that help to promote the campaign in their local areas, broadening the reach of the campaign and strengthening their local small business community. They are already hard at work planning B2B events, Christmas markets, live-streamed interviews and much more! Please contact [email protected] if you would like to connect with a champion in your area.Lee Parker, Parker Sourcing, Greater ManchesterYvonne Gorman, Essential Print Services, DerbyshireAlison Edgar, Sales Coaching Solutions, WiltshireBecky Sebright, Lady Bakewell Park, EssexAlice Malcolm-Green, Wick & Tallow, Greater LondonAdam Balfour, Buffoon Film & Media, Neath Port TalbotElaine Pritchard, Caittom Publishing, StaffordshireRich Brady, Recruit Packs, DenbighshireKarina Pedomo, Quick Brown Fox, Greater LondonFaye Dicker, Freelance Mum, SomersetRussell Pullan and Albert Chau, Fifth Dimension Chocolates, Greater LondonSara Parker, Face for Business, LancashireRuth Pringle, Pringle Accountants, LancashireBala Croman, The Chocolate Cellar, MerseysideGail Bryden, JustBe Botanicals, City of EdinburghAlistair Bell, Muddy Farm Models, County AntrimRowena Howie, Revival Retro, Greater LondonPrecious Jason, Etieno Skincare, Greater LondonSanjay Aggarwal, Spice Kitchen, BirminghamJo Smedley, Red Herring Games, LincolnshireClaire Hearn, Rose & Olive, KentHayley Williams, Keystone Marketing, OxfordshireLiz Wilson, Ma Baker, Greater LondonSam Hale, Advance Performance, CambridgeshireColleen Wong, TechSixtyFour, Greater LondonMartha Keith, Love Give Ink, Greater LondonCarolyn Frank, Libby Butler Jewellers, YorkshireRachel Gilbertson Roxiie's Treasures Liverpool

5 ways to save money on your business energy

Tuesday, August 29 at 16:16
Small Biz 100 | Small Business Saturday

Reducing the cost of energy bills was big news during the recent General Election campaign with both the Conservatives and Labour setting out plans to cap prices in their manifestos. However, it may well be some time now before those changes filter through to benefit small businesses.Whether you’re running a workshop, office or retail unit, utility costs can mount up for small business owners who are keen to make energy savings. According to the Department for Business, Energy and Industrial Strategy, SMEs already spend £15bn a year on energy.The good news is that there are some straightforward ways to reduce your business energy costs. Here are some tips to get you started…Chill out Check that your heating and air conditioning aren’t set to the same temperature and on at the same time. Heating and lighting swallow up energy! The settings on the two systems should be around four degrees apart. Thermostats should be set lower in corridors and store rooms than in offices. It’s also worth paying attention to the layout of your workspace to make sure radiators aren’t being blocked by furniture and to make the most of natural light. Moving the furniture around could make a big difference. Thermal tape can be used to draft proof single-glazed windows and door frames.Conserve your energy Make staff aware that you’re keeping an eye on energy consumption and encourage them with a polite reminder to ‘turn of the lights’ when they leave in the evening. Simple steps like switching off lights in spaces when they’re not is use can save over £100 a year. You could use this saving to change your lights to energy efficient ones such as LED light bulbs rather than halogen or fluorescent light sources and save even more cash whilst helping the environment!Energy proof your technology Energy saving measures can quickly become habit with some thought and discipline. Turning off unused mobile phone chargers and switching off your GPS and Bluetooth can make a difference. Did you know that 46 per cent of electricity used in offices is outside of standard operating hours? Make sure that monitors, copiers and vending machines are also all switched off when not in use.Shop around Loyalty, ease and a lack of time can all be reasons why many of us avoid switching energy suppliers, however there are big savings to be made for small business owners who change their suppliers to access a better tariff. Whilst it might sound like a headache, it’s a quick and easy process if done through a broker and the average company could potentially save up to £1000 a year off their bill if they compare business energy. Comparison websites are a useful online tool for finding the deal that best suits your needs and can save you money.Upgrade outdated equipmentReplace energy-guzzling equipment with star appliances. For example, heaters and air conditioners that are not working at maximum efficiency can draw unnecessary power and end up costing your business money.About the author: Steph Salusbury is the Channel Manager for Insurance and Energy at Businesscomparison.com. Steph has vast experience within the energy industry, previously working at Moneysupermarket.com for 9 years on sales, operations & commercial. Businesscomparison.com is a free online comparison site for small and medium sized businesses to compare deals on energy, finance, business bank accounts and insurance.

Establishing a Small Business through Online Branding

Wednesday, August 16 at 15:06
Branding | Getting Online | Small Business | Small Business Saturday | Social Media

Beating out the competition in the small business world takes more than just telling others on the street about what you have to offer. You have to create maximum exposure by being accessible on online platforms. By doing so, you better establish your business identity and brand.Building an online brand is important for a number of reasons. It creates awareness for what your small business stands for. If consumers want to learn about the product you offer, they should be able to access information about it from anywhere. You can also gather a larger following by reaching out to the online community. Lastly, the process of establishing an online presence enables you to gain credibility. If consumers see your business online, they can navigate your site and infer that yours is a legitimate company.The first step in establishing an online brand for your company is picking a domain name. Many companies underestimate the power of choosing a URL that differentiates them from the competition. A brandable domain name might directly reference aspects of your business, but it doesn’t have to specify what it entails. In the long term, the domain name can build brand value. You will want to check that a name is not already registered before you choose one. Make sure the domain name is user-friendly and short in that it is easy to spell and say. You will also want to make it unique and credible in order to set yourself apart from your competitors.When establishing your brand online, It is important to have a clear understanding of your target audience. Prior to coming up with content strategies, utilize research tools to identify your audience. Google Analytics will help you figure out the demographic most interested in what you have to offer. Google also offers an acquisition feature which points out how users found your site. You will be able to see if they typed the URL directly into their browser or if they were connected to you through social media or a search engine. Knowing this information will allow you to determine which online marketing channel is most effective.After identifying your audience, you can work on making your business stand out by creating a brand that consumers will remember. Having an eye-catching logo that can be used on all online platforms and marketing materials will mean customers will attach your small business with a visual. It should give consumers an idea of the product you represent. Also create a business slogan and tagline that stands out. A tagline is a phrase that lets your visitors know who you are right when they click on your site. You will want it to be placed on all your marketing materials. This builds recognition which is key in gaining customers for your small business.When you build your company website, be personable and accessible by having a home page with an introduction. You’ll want to establish your online brand from the get-go by telling visitors about what you offer and how it will benefit them. Make sure you have a subscriber button on the homepage so users can immediately opt to learn more about your small business.To directly help sales and marketing efforts, dedicate part of your website to reviews since they can have a significant impact on sales.. Allow customers to share their experience with your product. This content can then be shared on social media where others can see that your small business delivers on what is promised. Enabling customer reviews also positively affects search rankings in search engines. Reviews increase the amount of unique content your site offers giving you a better chance at moving up in ranking.Social media is an online marketing platform that is free and gives you instant access to consumers. Make sure that you have social icons on each page of your website. All of your social media pages should consistently feature your brand. This will make your business more memorable in potential buyers’ minds. Consumers also like to see and hear about businesses. Posting podcasts or having segments featured on a YouTube channel can build a personal relationship with your target audience. This fosters trust and increases your credibility.Another online tool you can utilize when trying to spread the word about your small business is blogging. This heightens your visibility. Your search engine rank will improve as you expand to posting content on blogging sites. It also works to help establish a direct relationship with customers in order to gain valuable feedback. Don’t be afraid to share content from experts in your industry. Online consumers will find you more trustworthy if they see you are up to speed on all aspects of your product.Lastly, stay engaged with your consumers. This is key in building a strong presence online. Use tools such as HootSuite which will notify you when someone mentions your brand. You should respond to comments made about what your small business has to offer. This will show customers you are concerned with their needs and will help spread the word about your business.Guest blog contributed by Sarah Elizabeth Saker

How Small Businesses Should Deal With Adversity

Monday, July 24 at 10:28
Inspiration | Planning | Quick Guide | Small Business | Small Business Saturday

Credit: pexels
My typical approach when faced with adversity is to see every problem as having a solution. This healthy attitude helps me problem solve, and prevents me from wasting any time. These days, you are spoilt for choice with resources and advice that can help you navigate the testing first few years of your new business. This advice is useful regardless of what vertical you are in, so keep reading for some advice on how small businesses should act when faced with challenging situations. Don’t panic – find a solution As a small business owner, you are important as the leader of the team. A lot of responsibility rests on your shoulders. One of these responsibilities is the need to stay calm under pressure. Panicking will hinder you from staying level-headed and coming up with a problem to your solution, and it will make your employees stressed too. Problem #1: Insufficient funds to make necessary investment Financial problems are common in businesses of all sizes. However, your finances may be a little more unstable if you are just starting up. It’s commonplace for businesses to make a loss until their third year. You need to pull up all of your data and analyse it thoroughly to determine where the leaks are in your ship.Are any of your accounts or departments operating at a loss? Perhaps your clients aren’t paying you what you truly deserve for your services?Here are some points for you to consider if you are running into financial hardship:● If you feel you deserve more money for your products or services, consider showing your clients the great results you have delivered to them. Don’t be afraid to ask for more, within reason.● Are there any projects or product ranges that just don’t yield enough of a profit margin? Take a look at this article for inspiration on ways you could cut costs, from shopping around for the best deals on your overhead costs, to embracing cloud technology.● Have you thought about diversifying into different lines of business to supplement your existing revenue? Maybe selling your product offering online will help you generate the revenue that you need to grow? This is so easy to do – there are a lot of online store creators on the market for you to get set up in a matter of hours. Take a look at start up favourite Shopify, popular among SMEs thanks to its premium designs.● Securing funding might be what you need to do when all else fails. This article has more information on these sources of funding, including loans and grants.Problem #2: No time to make important changes to your business 
credit: Pexels
 As a small business owner, you may find yourself feeling overwhelmed with the sheer amount of work and responsibility that comes your way. You need to be realistic about your workload and manage your time effectively. Here’s how:● Delegate the tasks you feel can be handed on to your employees, once they have received proper training. This will allow you to focus on the big picture task of growing your business.● Getting a good night’s sleep, exercising and eating well will help you stay focused and productive, reducing the time taken to complete important tasks● Luckily, there are plenty of time-hacking apps available to help you with your time management. Toggl is great to keep track of how long tasks are taking you, and Rescuetime helps you understand your daily habits so you can focus and be more productive. Give these apps a try make your days go further.The most important thing about the problems you face is to see every experience as a valuable lesson.Make sure that you make a report for every problem you face and document exactly what your solution was. Offering your employees guidance on how to implement solutions is key here, too – communicating effectively with them will save you from encountering the problem again.Victoria Greene: Brand Marketing Consultant and Freelance Writer. Victoria Greene is an ecommerce marketing consultant and freelance writer, working with large brands to help them blossom. She loves nothing more than sharing her knowledge with the world and encouraging entrepreneurial dialogue.

Three helpful ways your phone can reduce paperwork

Monday, June 12 at 10:56
Digital | Plan | Planning | Small Business | Small Business Saturday

Paperwork is the eternal enemy of the small business, stealing valuable desk, shelf and cupboard space throughout your office and offering little in return. For a business like ours, paperwork can quickly get out of hand, become disorganised and cause havoc when we need to find one particular document.The good news is that it doesn’t take a company-wide restructuring effort to seriously reduce your paperwork. Taking simple steps can drastically reduce the amount of paperwork you generate. Since we all carry a smartphone around with us, I thought I’d look at three easy ways you can use your phone to reduce your paperwork.
#1 Scan Receipts Go back to the mid ‘90s and a lot of small businesses would have had a similar expense filing methodology: Take your receipts, shove them in a drawer and hope you never need to find any specific receipt again. If your expense were ever queried, it was a mad scramble through boxes, cupboards and old storerooms in search of an elusive slip of paper that, in all likelihood, had been eaten by a mouse.Thankfully, things are a bit easier now.Filing is super easy in the digital era. If you use any new accounting software, there’s probably an option to snap a picture of your receipt on your phone and upload it to the service’s records. Alternatively, if you don’t have a subscription, you can snap pictures anyway and upload them to a free cloud storage service like Google Drive or Dropbox. It doesn’t have to stop at digitising purchase records, either. Get snap happy with your phone and scan invoices, payslips, utility bills and everything else for easy reference and peace of mind.
#2 Electronic signaturesIf you’re dealing with someone over a long distance, signing a document can be an absolute nightmare. You print it, sign it and fax it over. They then sign it and re-fax it to you. Suddenly, there’s three pieces of paper in the world when you only needed one.With electronic signatures, however, you can streamline the whole written agreement process, cutting down on both paperwork and wasted time. And with e-signatures set up on your phone, you can sign documents from anywhere in the world!
#3 Ditch your paper black bookA lot of businesses and business owners still swear by their black books and I’m not going to try and dissuade you if you use one. However, huge paper diaries stuffed with extra notes, letters and messages are a thing of the past and will almost certainly disintegrate or surprisingly disappear if you give it enough time.Digitising your black book and saving it to your phone provides substantially more flexibility and security, ensuring you have access to all of your contacts, notes and communication wherever in the world you are.About the Author - Gary Easton cut his teeth working at one of the Big Four auditors KPMG. However, a few years ago, Gary decided that SMEs deserves a better service and left to found Tax IQ, a specialist SME accountant based in Edinburgh.

Five Tips to Effectively Market your Business

Monday, January 09 at 10:50
Digital | Marketing | Small Business Saturday | Social Media

Has effective marketing ever been more important among all the noise of the digital world? With billions of websites at our fingertips it’s so easy to spend time scanning for the perfect solution, and those sites or services that aren’t up to scratch might be rejected for even the smallest reason – a stray tweet or a slightly slow website, for example. Here’s five ways to tighten up your product and promote yourself well in 2017. Create a modern websiteMost companies seem to have got the message that running a site that looks like it was built in 1998 isn’t a great first impression to any visitors. Whether you’re a florist, a van leasing company, a sports management firm or are offering a legal service, your site should be a clean, uncluttered and easy-to-use interface. There should be a call to action that shows clearly how, where and why to get the best offers. Above all, it should be easy to find your products, fast to load, and very easy to get in touch – just in case someone actually wants to pick up the phone.Set up a content calendarHave you ever thought to yourself “I wish I’d created a piece of content/organised this idea” to coincide with a big, relevant event? For example, it could be a blog or video to coincide with Halloween, or the final of GBBO, or Movember. Maybe you’ve done something, but if you’d thought about it earlier you might have done better…If you’d created a content calendar several months earlier, planning your blogs and social media and videos to be completed and to land on your sites at exactly the correct time, you would have been primed to take advantage. Start doing this now and reap the benefits of great, timely content. Utilise social mediaWhy would you not utilise a completely free method of promoting yourself? It’s a great way of responding to any complaints; an easy, instant way of informing people of your new products and sales using pictures and videos; a method of showing knowledge in your business sector by publicising any blogs, appearances or media that is relevant; and a way of communicating with like-minded people and businesses.If you’re just starting to use social media, you might be wondering which platform is best. Launching a craft business? Pinterest and Instagram are sensible options. Launching a B2B start-up? LinkedIn in your best bet. Launching any business whatsoever? Facebook and Twitter, and possibly Snapchat. Revamp your shop frontIf you’ve updated the landing page of your website, then why would you not do the same with your physical premises? After all, they’re really two sides of the same coin. A stark, dark frontage won’t really bring in potential custom, and neither will empty shelves, old signage and shabby looking stock. The actual tidying is not the hard part, it’s the preparation and organisation in your mind that’s the laborious task. If you don’t have physical premises, then consider revitalising your signage, print advertising (yes, people do still take notice of this) and Google Business listing.Create videoThe statistics are clear: according to Forbes, video used in conjunction with email boasts a 300% click-through rate. Thanks to mobile phones and free or cheap online editing, it’s possible to put together a professional looking promotional video, an FAQ, a slideshow or an interview in a very short period of time. It lends itself to social media, and might catch the eye of people who otherwise might not see your work.Blog contributed by Jessica Foreman. Jessica is a Durham University graduate specialising in business and lifestyle based writing. She has developed her skills on projects surrounding The British Broadcasting Company, and running a print and online based magazine whilst at university.

Spend with small busisness on Small Business Saturday up 15% year on year to £717 million

Thursday, December 08 at 10:40
Small Business Saturday

Temperatures may have been in the low digits over the weekend but Saturday saw the UK’s small businesses community benefit from the warmth of the British public who were out in force to support Small Business Saturday (3rd December 2016).According to an American Express commissioned survey* undertaken in the 36 hours following Small Business Saturday, an estimated £717 million was spent with small businesses across the UK.  This was up 15% on Small Business Saturday last year with over half (57%) of those aware of the day saying they spent more than usual.Over 80% of all local authorities covering the country actively supported the campaign on the day in a variety of ways, from staging or supporting small business events to offering free parking. Positive consumer sentiment and support to small businesses was echoed through social media.  Over 130,000 tweets were sent on the day itself reaching more than 120 million people, with Small Business Saturday UK trending at number one in the UK and at number 5 globally.Michelle Ovens MBE, Campaign Director of Small Business Saturday said: “In its fourth year, Small Business Saturday has once again delivered a sustained increase in spending with Britain’s small independent businesses. To see the spend on Small Business Saturday reach £249 million more this year than on the first Saturday in 2013, an increase of 53%, is fantastic and confirms the positive stories we are hearing from small businesses incommunities across the UK."Alice Noone, Vice President Marketing at American Express said:“Small Business Saturday celebrates the vital contribution independent businesses make to our communities and we’re delighted that shoppers rewarded them with such significant spend on the day.  We are immensely proud to be principal supporter of the campaign for the fourth year and hope it inspires people to shop small, not just on Small Business Saturday, but throughout the rest of the year”.Rowena Howie, owner of Revival Retro, a small London retro fashion business said:“Not only did we have more new shoppers and a higher footfall this year, we also saw a 35% increase in sales compared to the same Saturday last year.”Carolyn Frank, owner of Libby Butler Jewellers in Helmsley, near York, said:“For us in Helmsley the Small Business Saturday campaign has had a huge impact since its very beginning in 2013 but this year was absolutely the biggest and best yet. It’s become an established family tradition now for customers to start their Christmas by visiting small businesses on the day.  But it's not just the day, people are more aware of small businesses all year round because of it. I think it's because it's a grassroots initiative that it's gathered pace so quickly, and has reminded customers about the great variety and choice that small businesses can offer.”How the UK showed its support on 3rd December 2016:
  • An estimated £717 million was spent with small businesses across the UK on the day. 
  • This was an increase of 15% on Small Business Saturday last year.
  • Over 130,000 tweets were sent on the day itself reaching more than 120 million people. 
  • Small Business Saturday UK trended at number one in the UK and at number 5 globally.
  • Politicians including the Prime Minister and the Leader of the Opposition; entrepreneurs including Karren Brady, Sarah Willingham, Jacqueline Gold, 2014 Apprentice winner Mark Wright and Levi Roots, and British talent including singer and TV presenter Louise Redknapp; TV Cook and Chef Lorraine Pascale and fashion commentator Gok Wan all publicly supported Small Business Saturday.  

Why you need to add exhibiting to your marketing mix

Tuesday, December 06 at 10:32
Brand | Customer | Exhibiting | Marketing | Small Business Saturday

Exhibiting provides a perfect opportunity for you to showcase your business to the market. In a hall filled with customers and contacts, you have the chance to show people why investing in your company is essential. Customers will be attending with high expectations and with the hope to learn more about what businesses are out there, so it’s an incredible opportunity to become a part of.If you haven’t yet decided to add exhibiting to your marketing mix then maybe it’s now time to reconsider. Here are 5 reasons why you need to be exhibiting right now.1.    Increase your profitExhibiting has proven time and time again to have one of the highest return on investments as compared to many other marketing channels. Of course, there’s a lot of effort that has to go into exhibiting, such as an upfront investment to cover stall costs, but with that effort comes the benefit of a high potential reward.With so many potential visitors under one roof who could be interested in your business, it’s a great opportunity to give out show only offers to increase the chance of a purchase on the day.To increase your ROI further, make sure you choose displays that can be used again from reputable suppliers such as Marler Haley.2.    Be seen in the right placesBeing seen side-by-side to your competitors can do wonders for your business, particularly if you’re relatively new to market.It’s one of the only places where visitors can physically see the differences between your businesses so it’s your opportunity to make sure your USPs are clear for visitors to see to make sure that they choose to buy from your stand and not your competitors.3.    Your target audience under one roofOne of the main reasons to exhibit is to see people face-to-face. But not just any person, it has to be the right one. When choosing the right show for your business, it’s important to consider who will be attending and working out whether that fits your target audience. For online businesses this is particularly important as you won’t often get the opportunity!4.    Increase brand awarenessAlthough you’ll want to gain as many leads and sales from the event as possible, exhibitions are also a great opportunity to raise brand awareness among your target audience.Let’s be honest. Not everybody will want to purchase from you at the show even if they are in your target audience. But what you’ll want to do for these people is to make sure that they are aware of you when they decide that they need to purchase.To do this, make sure that your displays have a clear logo in the upper third and that you add a simple strapline to tell people what you do and your USPs.5.    Get feedbackBeing face to face with your potential customers also has another perk – being able to get live feedback about your business. By asking about their needs, as related to your business, you can find out if you’re missing a trick by not fulfilling them. Positive feedback can also help you to identify your strong points to help guide marketing activity to push those elements that people have told you set you apart. Guest blog written by Mizzy Moore.

Practical advice from Acas to help small businesses succeed

Wednesday, November 30 at 17:18
Small Business | Small Business Saturday | Top Tips

Small Business Saturday on December 3 is a great day that marks the importance of small enterprises to our economy.Small business owners are usually skilled at generating ideas for products and services due to  their entrepreneurial spirit.While these qualities are important for business success it is worth remembering that building a strong team spirit by choosing the right people and treating them fairly can be just as important.Employment relations is a phrase that can conjure a picture of regulations that many businesses think they haven’t got time for.Yet somewhere along the way, all businesses come to realise that good employment relations are not optional. Better for the go-getting entrepreneur to make sure good employment relations happen early on or from the start, rather than risk expensive complications later on.At Acas, we understand that small businesses are usually short of time and, also because they have fewer resources, can come up against obstacles which larger firms do not. So we have compiled advice especially for small firms.It is currently a series of nine practical, concise and straight-forward guides called Help For Small Firms, which include:•       how to recruit the best candidate for the job;•       drawing up their contract;•       settling them into the business;•       effectively managing their behaviour and performance;•       how to manage a complaint if they raise one;•       how to manage sickness and other kinds of absence from work;•       how to get the best out of staff, and;•       handling pay and wages.While we celebrate the dynamism and creativity of small enterprises this Small Business Saturday, we should also recognise that great team spirit also means a more productive business.You can use the guides on the Acas website or print them off.David Webb is an Acas writer working to help employers and employees understand, in plain language, employment law and workplace best practice. Previously, he was a manager in private industry for more than 20 years.

Automatic enrolment problems? The PLSA has a Pension Solution

Wednesday, November 30 at 16:53
Small Business Saturday

Joanne Segars, Chief Executive of The Pensions and Lifetime Savings Association tells us about the impact of automatic enrolment on small businesses, and their plans to support Small Business Saturday this year.
Last year I blogged about how we have to make automatic enrolment easy for small businesses, which is why we launched a specifically designed service called Pension Solution.Since then, over 300,000 employers including thousands of small businesses have automatically enrolled 7 million workers into a workplace pension scheme. Eventually over 10 million extra people will be saving an additional £17 billion a year into workplace pensions by 2019/20, as recently reported by the Department for Work and Pensions.These latest figures help highlight the importance of small businesses to the UK economy and the future of pensions and lifetime savings, and we are delighted to be supporting Small Business Saturday again this year.We know that automatic enrolment can be complex so Pension Solution helps in three straightforward steps:
  • Step-by-step guide showing everything you need to know about getting your workplace pension set up for automatic enrolment.
  • Impartial guide to pension providers with comparison information and recently updated employer user ratings for nine pension providers.
  • Useful resources including handy downloadable communication templates and short films to help your workers understand automatic enrolment.
We also offer a half-day training course that helps provide you with all the basic information needed to implement automatic enrolment.Find out more about Pension Solution at https://www.pensionsolution.co.ukSee how Pension Solution can help a small business like yours.The Pensions and Lifetime Savings Association will be supporting Small Business Saturday UK on 3rd December 2016 and throughout the rest of December by offering a 100% discount on the normal £49 subscription to join Pension Solution as a member. Use voucher code SBIZSAT when joining online. Follow us on Twitter: @SolutionPension

A Pension Solution for small businesses tackling automatic enrolment

Tuesday, December 01 at 10:11
Finance | Quick Guide | Small Business | Small Business Saturday | Small Business Saturday 2015 | Top Tips

Joanne Segars, Chief Executive of The Pensions and Lifetime Savings Association, highlights how small businesses can prepare for automatic enrolment.
Automatic enrolment will require every UK employer to put certain staff into a pension scheme and contribute towards it. We know this may seem a daunting task, which is why we've launched Pension Solution. It has been designed specifically for small employers, to take the hard work out of implementing a workplace pension scheme for the first time.Planning and preparing for automatic enrolment means thinking ahead: what you need, and whose help will make it easier to complete key tasks and estimate costs. These are the key steps I’d recommend to take when getting your small business ready for automatic enrolment:
  • Find out your staging and declaration date  using your PAYE reference from The Pension Regulator’s website
  • Go through a step by step guide to setting up, get familiar with what automatic enrolment means for you and your workplace.
  • Research and select a pension provider that suits your needs
  • Communicate and explain how automatic enrolment will affect your workforce 
Pension Solution helps with each of these steps. The online service will provide the know-how and tools you need to tackle automatic enrolment confidently and successfully. We also offer access to a free half-day face to face training course for those who prefer the human touch.We’re delighted to be supporting Small Business Saturday for the first time this year because we recognise the vital role small businesses play in the UK economy.Over 67,ooo employers have already enrolled their staff into a workplace pension, with 5.5million employees now benefitting from a workplace pension and saving for retirement. 1.8 million small and micro employer workers will now join over the next three years if they earn £10,000 or more a year, increasing the amount that is being saved in workplace pensions by around £15 billion a year, according to the DWP Automatic Enrolment evaluation report 2015.Through Pension Solution we are bringing 90 years of expertise in workplace pensions to help small businesses through automatic enrolment and beyond. It is our status as an independent not-for-profit trade organisation with an impartial view that makes us different.Automatic enrolment is our best chance of getting the nation into the habit of saving for retirement, and we must focus on making the process as straightforward as possible for small businesses like you in particular.Pension Solution does just that and we warmly invite you to join our membership on Small Business Saturday so that we can help, represent and work for you.The Pensions and Lifetime Savings Association will be supporting Small Business Saturday UK on 5th December 2015 by offering a 70% discount on the normal £49 subscription to join Pension Solution as a member. Use voucher code BIZSAT1 when joining online. Follow us on Twitter: @SolutionPension

Meet the businesses on the bus: Gough Quarters

Thursday, November 26 at 07:51
Bus Tour | Inspiration | Small Business | Small Business Saturday | Small Business Saturday 2015

The Small Business Saturday Bus Tour is now under way! The tour is supported by TalkTalk Business and we are delighted to feature the logos of fifty TalkTalk Business customers on the #SmallBizSatUK bus!Hear from Aaron Gough of Gough Quarters, a Bristol-based business featured on the bus...What is your small business?A property management and lettings agencyWhere did you get idea to start your business? Having worked for a property management company for five years, my knowledge of the market meant I could start on my own and provide a high level of customer service.What's the best thing about working for a small business?The flexibility to provide a tailor made service of what is required rather than a ‘one size fits all’ approach.What makes your business unique?We keep as much as possible ‘in house’ – as little as possible outsourcing to third parties. From reference checks to inventory’s everything is carried out by us meaning that we know our properties inside out.

Meet the Businesses on the Bus: Recipe

Friday, November 20 at 12:08
Bus Tour | Inspiration | Small Business | Small Business Saturday | Small Business Saturday 2015

What is your small business? We are an independent advertising agency called Recipe.Where did you get idea to start your business? In 2004 we saw a gap in the market to produce cost effective TV commercials for smaller brands. For the first time they could advertise on cheaper niche tv channels due to the introduction of Freeview and the expanding Sky platform but couldn't get cheap adverts made.When did the business begin? Three of us started the agency in 2004 from one of our founders bedroom and we've been growing organically ever since. We now have two offices in the West End and employ 35 people.What's the best thing about working for a small business?We're able to adapt to ever changing market conditions faster than the competition which gives us the edge. The advertising landscape is constantly changing with the frequent introduction of disruptive technologies and we need to constantly evolve to keep ahead of the trend.What makes your business unique? We're the only agency I know that started with three founders who had no experience in the advertising industry. This has meant we've developed a less bureaucratic and more efficient way of working which our clients love and can't be found at other companies.

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