Small business owners have revealed the top five things that they wish they had done differently in their first years of trading, as new research highlights the ‘dos’ and ‘don’ts’ of starting a new business according to owners themselves.
Basepoint Business Centre, Andover, has seen a record high in occupancy, new companies and expansion in the last year. The centre is running at a high occupancy rate and has been 100% occupied for several months in the past year. The centre, situated in East Portway Business Park, is comprised of offices, studios and workshops ranging from a one person office, up to a large industrial unit. The centre has a community feel, with free networking events and Licensee events. Internal referrals are very common, due to having such a range of different business sectors on their doorstep, working together to create an internal network for cross referral and support. The centre also supports a local charity and match funds up to £10,000 per year. This year the centre are supporting Andover Young Carers www.andoveryoungcarers.co.uk
Brexit should be the catalyst for Britain to put a greater focus on its small businesses, according to the UK boss of eBay. During an interview for Sky News, Rob Hattrell said that Brexit was “an opportunity” for the companies who used eBay’s trading platform.
For those starting out in the Business Networking circuit it can be a daunting prospect, something that can easily be pushed aside as a less important or less favorable element of business. When utilised in the right way, attending the right event formats for you, networking can bring many valuable opportunities and widen your businesses awareness. Lucy Middleton, Basepoint Andover Centre Manager, shares some tips from her personal experiences on making the most of networking.
The growth of the serviced business centre is one of the UK’s biggest success stories of the past few years. The value of the sector in the UK has been put at £16 billion, if you use conventional methods, and even this might be a conservative estimate. The area is likely to grow much bigger, too, with some analysts saying its net worth could be as high as £126 billion by 2025.