Business deals for small and medium-sized enterprises (SMEs) could be on the rise thanks to a trade deal between the US and the European Union.
The framework of the Transatlantic Economic Council, stakeholders and government representatives have agreed to “facilitate SMEs presence in both continents” in a bid to support business development and growth.
The main areas of focus are to be the exploration of mutual abi... Continue Reading
A pub in Workington town centre is on the market, advertised as being a well-known stop on the town's drinking 'circuit'.
The Yankees pub on Washington Street pub has been operated by the Walker family since 1986 but the time has come for its owners to sell-up and move on as they look to their retirement.
Buyers might be interested to learn that the sale is due to retirement rather than business problems ... Continue Reading
A boutique hotel in Penarth is up for sale after over a year of ceased trading.
The luxurious property closed in May 2011 due to adverse trading conditions and has now been listed for sale.
Built in the 1920s, the unique property has 14 bedrooms and 15 bathrooms, a number of kitchens, dining areas and lounges. In addition, there are also views across the channel from a sun terrace, as well as a spa with hydro-therapy poo... Continue Reading
Small business owners know that things have to change when money is tight. But the recession provided some valuable lessons on where to focus spending during these difficult trading periods.
Recent research from the NFIB, Chase Bank and the Center for Women's Business Research has revealed what female small business owners did to keep things moving.
The study found that 45 per cent of female business owners said the... Continue Reading
A landmark pub in Shropshire is up for sale after having closed its doors late last year.
The Bottle and Glass, located in Picklescott, near Church Stretton, is on the market for £245,000 and it is hoped that the business will receive a new lease of life from whoever opts to buy it.
Landlady Paula Gurney closed the doors last year after a slump in trade followed rising fuel costs and economic troubles. However, the Grad... Continue Reading
Small business acquisitions are still taking place on a regular basis despite the economic climate.
However, it appears that their growth is being held back by problems with planning permissions as recent research has suggested that 69 per cent of small businesses have to wait more than the maximum eight weeks for local authorities to decide on most planning applications.
Conducted by the Federation of Small Businesses (... Continue Reading
A popular pub in Preston, which draws many football fans, has been put up for sale on a leasehold basis.
The Sumners, in Watling Street Road, Fulwood, is owned by landlady Joanne Bridge. However, she is considering a move overseas and is looking into the sale of the lease on the pub to see if it is worthwhile.
Speaking to the Lancashire Evening Post, Ms Bridge, who runs the pub with her partner Mark Beattie, explained th... Continue Reading
Small businesses in the leisure sector are facing tough market conditions as consumers push for bargains wherever possible.
According to research from KPMG, pubs, restaurants, clubs and cinemas are all struggling to turn a profit this summer as consumers continue to tighten their expenditure.
In fact, 40 per cent of consumers now make choices about restaurants based on the offers and discounts they can get their hands o... Continue Reading
Many businesses are finding that their finances are still very tight but research suggests that more could be done to ease the situation.
Buying a business, especially a struggling company or one that has fallen into administration, often involves turning around the trading situation. With this in mind, recent research from unbiased.co.uk may be of interest to buyers.
The study found that SMEs could be wasting as much as... Continue Reading
Lending to small and medium-sized enterprises (SMEs) looks to be improving, with recent figures showing that those in Scotland are increasingly being awarded finance.
The Scottish government's SME Access to Finance report for 2012 showed that 87 per cent of firms were able to access 100 per cent of the money they were seeking. This is an improvement on the 79 per cent recorded in the 2009-10 survey.
Meanwhile, nine... Continue Reading
A well-known Newport music venue that has hosted a number of popular bands is on the market.
Le Pub, located on Caxton Place, is celebrating its 20th birthday next month. But it is now to be sold as a going concern and while the local community is hoping that it will continue as a site for live music, there is no obligation for the buyers to maintain this aspect of its function, the South Wales Argus reports.
Among the b... Continue Reading
The Broadford Hotel on the Isle of Skye, off the West coast of Scotland, is up for sale.
The property, which is thought to have been originally established as a Drovers inn in 1611, is believed to be one of the oldest continually operational inns in Scotland.
Today it features 11 letting bedrooms, a lounge bar and bistro area, a reception lounge, dining room and a public bar located in its garden grounds. Further plannin... Continue Reading
Small businesses are still facing difficulties when it comes to finding finance, research has suggested.
The latest Voice of Small Business Index from the Federation of Small Businesses (FSB) revealed that four in ten small businesses applying for credit are refused. Meanwhile, confidence has fallen in every industry sector, other than health and motor services.
Property markets and the financial service sectors saw the... Continue Reading
A pub on the Wanstead high street is up for sale with no preferred buyers currently lined up.
The George is leased by JD Wetherspoons and will continue to be leased by the firm until 2034, according to a spokesperson from the business. However, the ownership of the striking period building itself is up for sale.
A price tag of around £2.48 million has been put on the property, which totals around 11,724 square feet and ... Continue Reading
Legal matters can be a scary prospect for small firms, which often don't have the funds to tackle problems head on as they crop up.
However, Taylor Wessing's Simon Walker has urged business owners to try to seek expert legal advice wherever possible in order to avoid higher costs in the long-term.
Writing for the Guardian, Mr Walker noted that many companies look into DIY methods before seeking professional ass... Continue Reading
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