It might surprise you to learn that the UK is the largest e-commerce market in Europe. Sales reached a staggering £133 billion in 2016 and a further 14% growth is forecast for 2017.
17 Jul 2018
UK SMEs need make the most of every available opportunity to grow their business and boost profits. One business “no-brainer” that should not be forgotten in the rush to accept online, contactless and smartphone payments, is orders over the phone.
16 Jul 2018
Small and medium sized UK businesses know only too well the pain of chasing unpaid invoices. According to the FSB, nearly a third (30%) of payments are typically late, with SMEs forced to wait over a month longer on average than they should.
13 Jul 2018
Contactless payments are the next stage in our journey to a cashless society.
We live in an increasingly cash-free society. In fact, the latest stats reveal that UK consumers spent over £647 billion on credit and debit card purchases in 2016. Industry reports suggest that figure is only going to grow as shoppers increasingly come to value the convenience and security of payment cards versus cash. So, what does this mean for your business?
11 Jul 2018
One of the not-so-secret weapons in the armoury of the small business owner is technology. Getting online, for example, can help level the playing field with larger, better resourced rivals and help you expand into new markets. But one aspect of the technology revolution you might have overlooked is the smartphone. As of last summer there were a staggering 1.5 million apps available on Apple’s App Store, and even more (1.6m) on Google Play. But many of us think of them more [text too long]
7 Sep 2016
When was the last time you thought about investing in your business? Knowing when and how best to do so is a crucial skill to learn if you want long-term success. But for small and medium-sized business owners, seeking funding can be a daunting prospect.
Since its introduction to the UK less than 10 years ago, contactless has quickly become one of the most popular ways to make low value purchases on card. In October 2015, more than 10 per cent of all card transactions were made by tapping a card on a reader; a year before, the figure was less than four per cent.
Rumours of its death may have been circling for years now but the truth is that email marketing is still one of the most effective ways for small business owners to get their name out there. For a relatively low financial investment and a little know-how you can start to reap some real tangible benefits.