Is enterprise education the key to building better business in Britain?

According to a report published by the Global Entrepreneurship Monitor entrepreneurship education is a key factor in influencing people to start their own businesses. However the creation of such schemes is seen as inadequate.

Only 18 per cent of adults have received any type of enterprise education in the UK, and this number only rises to 21 per cent across the 38 countries when quizzed as part of the research. So what’s going wrong?

While traditional subjects are dying out, there is a case for introducing more vocational courses built around an individual’s future potential. Will physics play a significant part in the life of a businessman, or should you let young adults decide this for themselves?

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Tags: Business, Business Britain

Friday, July 15th, 2011 Small Business No Comments

Small Biz Tip: Businesses to Start Now: Money Matters

The Small Business tips today discuss businesses in the financial industry to start NOW!

  1. Small Business Financial Adviser: Help businesses save money by planning, budgeting, & re-evaluating their finances. 
  2. Personal Accounting: During the rough economic situation, people are having a hard time adjusting their personal finances.
  3. Retirement Consulting/Planning: Baby boomers are preparing to retire. Help them out & give them financial advice.
  4. Tax Adviser: Tax time is quickly approaching! Ask family, friends, & community if they need assistance.

Tags: Money, Start Now

Thursday, July 14th, 2011 Small Business No Comments

5 Social Media Tips

Social media is the new buzzword running through the internet and informing businesses both online and off. To make the most of the social media tools which are at your disposal, here are five quick tips to get you started.

1. Research First you need to get to grips with the big players in the social media scene and appreciate that popularity of certain services can fluctuate. At the moment Facebook and Twitter have growing audiences of hundreds of millions of users from diverse backgrounds, while LinkedIn is the business-oriented social network.

2. Rules of Engagement You need to appreciate that social media has a different vocabulary and set of marketing rules for you to maximise the impact of your brand.

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Tags: Media, Social Media

Thursday, July 14th, 2011 Small Business No Comments

Small Biz Resource Tip: YourBuzz

Getting your customers to review your business on social and review sites like Facebook and Yelp! is a feat in and of itself, but finding the time to monitor what customers are saying about you and your competition is just as important. YourBuzz is a new tool that can help small businesses manage their online image by viewing, claiming and editing their business listings. The service also provides an overview of customer reviews and comments.

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Thursday, July 14th, 2011 Small Business No Comments

Is Small Business Ownership the Great Equalizer?

I recently posted on a study we did comparing the demographic and motivational differences between traditional small business owners and high growth-entrepreneurs.

Another part of that study looked at the competitiveness and success differences between different types of small business.

Our focus was to better understand how women and minority owned small businesses compared with small businesses owned by white men. We also looked at how education correlated with small business success.

The analysis was based on data from the Small Business Success Index(SBSI) produced bythe University of Maryland and Network Solutions.

The SBSI data comes from a survey of existing small businesses with relatively long operating histories.

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Tags: Business, Small Business

Thursday, July 14th, 2011 Small Business No Comments

As I Was Saying About Google Incentivizing Reviews…

Following up on last week’s article … if you live in San Diego and write at least five reviews in Google Places, Google will give you free tacos or free frozen yogurt, and one person also gets a $25 gift certificate.

Google is doing this every week in San Diego. #justsayin

 

Tags: Google, Google Incentivizing

Wednesday, July 13th, 2011 Small Business No Comments