Missed any small business news this week? Don’t worry, we’ve put together a quick roundup of the small business news we’ve covered in the past seven days:
Last Friday, a study revealed small businesses are bypassing traditional bank funding in favour of peer-to-peer lending.New funding methods such as crowdfunding now contribute around £12bn to businesses annually.
On Monday we revealed that UK employers are more interested in candidates with a positive attitude than those with skills or experience. In an analysis of wording on job adverts, motivation and flexibility were more in demand than qualifications.
Next, we found that the skills gap is the biggest cause of small business’ growth problems. These businesses are turning to the government for help, and holding off on growing their workforce in the next 12 months.
On Wednesday, we told you young entrepreneurs are leading the UK out of recession. The number of small businesses run by 18-25 year olds has risen by 29% since 2008. We also revealed that 58% of small businesses start-up with less than £1000.
And yesterday, the government launched its new funding scheme for childcare businesses. A grant of up to £500 will be available for unemployed women to help with their insurance, equipment and training costs for nursery or childminding businesses.
Keep reading the Small Business Secrets blog to keep up with all the latest small business news, advice and website tips!