Happy Friday! It’s time to look back at the small business news from this week. Here’s what we’ve covered on the Small Business Secrets blog over the past seven days:
Despite a long-running trend of falling figures for business lending, on Monday we found lending to small businesses has actually been on the rise for the past month. New figures revealed the biggest monthly rise in lending since 2009, although year-on-year lending has still fallen.
Next, we heard that the true number of small businesses in the UK could be half of what was previously reported. Government figures claimed 451,700 small businesses were formed in the past year, but an investigation found that just 200,000 company payroll schemes were set up.
On Wednesday, we told you about a golden opportunity for small businesses. Startup retailers are invited to apply to feature in a new popup shop in London’s Piccadilly. Up to 60 retail startups will have the opportunity to sell in one of London’s busiest shopping areas for week-long stints.
And yesterday, we heard that one in five businesses have been damaged by derogatory online posts. Businesses often find that disgruntled employees, customers or rivals post damaging content online, which can be hard to remove or challenge. As a result, 35% of businesses’ names appear alongside a negative term in Google’s Auto Suggest bar.
Keep reading bOnline’s Small Business Secrets blog if you want daily small business news, features and website advice.