I run the Growth Investment Network East Midlands and during my time in this role I have watched many entrepreneurs make exactly the same mistakes that I made during the early years of my first business. I realised that there was no repository for these lessons and that each entrepreneur ends up learning the ‘hard way’. Hence the creation of inafishbowl.com. It is my hope that by sharing the experiences of the featured businesses and the knowledge of the experts everybody will be better equipped for the challenges of starting and growing a business.
George,
I received this earlier today from the FSB and thought it might be useful to you and other Nottingham based retailers.
Urgent community message from Nottinghamshire Police for the attention of Businesses. You will be aware from local news that there have been small pockets of disorder in some areas of Nottingham. There will be a high visibility policing response in order to prevent any escalation of any disorder.
We would ask the community to work with us and provide us with any information about any groups gathering or any suspicious behaviour so that we can respond to any possible disorder quickly via 0300 300 99 99. Where life is in danger or crime is already in progress, use 999.
Crime reduction advice for businesses:
- Ensure staff report any suspicious activity to security officials and police
- Consider regular checks of the building and surrounding areas
- Identify any areas that are vulnerable to forced entry and remove loose objects that could be used as missiles such as bricks, waste etc
- If you are able to, move bins inside your premises to reduce arson risk
- Make sure all service doors are kept locked and secure when not in use
- Ensure your CCTV system is fully operational
- We strongly advise removing high value goods from display windows overnight and minimising stock levels until the current wave of problems passes
- Keep as little cash as possible (preferably none) in the building overnight
- Where possible retail premises should be suitably staffed with security guards
- Landlords needs to ensure that residents living above commercial premises are aware of risks and ensure that all fire alarms, smoke alarms and fire escapes are fully functional
- Does your alarm company have the up to date key holder information? If not call them now and get this information updated
- Does your business have an emergency business plan? Ensure you know what stock you have in your premises in the event of needing to make a crime report or insurance claim.
- Petrol stations – we ask that you avoid selling petrol in small containers
- In the event of a non emergency, call the police on non emergency number 0300 300 99 99
- In the event of an emergency, call the emergency number 999
Best wishes,
Toby
Understanding how to access investment and finance for your business has never been more important. Equity finance (investment in exchange for shares in your business) will have an increasingly important role to play in the coming months and years for the early stage growth business.
The good news for Cliff and Kevin is that they’ve been through the process once and so have some understanding of what is involved. But to help them assess their current dilemma around investment, here are 5 tips for why and when to raise equity finance:
When I first met Matt Stockman I was struck by the clarity of the vision that he had for Sharabang Music. He was clear on the need for a new type of band management and record label. He wanted to be a promoter that involved the fans and created cult followings around quality musicians. By combining the power of social media with some innovative new ideas for the promotion and distribution of music and modernisation of the associated merchandise, Matt seemed to have many of the answers to the music industry’s question ‘where next?’ Matt, as with many entrepreneurs, knew exactly what his business would look like in 5 years time.
fishbowlhq says: Here's a summary of the inafishbowl.com Business Clinic Live, featuring the thoughts and opinions of the Fishbowl Businesses and the inafishbowl.com Expert Panel.
When to launch your business and how much of the potential business to launch is a classic dilemma for entrepreneurs. By their very nature entrepreneurs are always coming up with new services and products and directions in which their business can develop. The problem is until you launch you don’t have a business, you only have an idea. That said just launching with no forethought or planning can also be a recipe for disaster. So what and when do you launch?