We spoke to Rebecca Fielding of Gradconsult to discuss at what stage as a small business you would consider taking on your first employee.
We spoke to Tim Bottrill of Colloco to discuss the challenges small businesses face when looking to grow - and specifically, what they should consider when looking for and securing a commercial property lease.
Adrian Dunkley – chartered accountant and head of tax at MGRW – runs Limited Company workshops every quarter for us at Business Sheffield for pre-start and start-ups in the city. The next one is on 4 June.
Our resident Sales Advisor Jane Gregory works with pre-start and start-up businesses to grow their sales confidence and skills. With a long and varied career in telephone and face-to-face selling, she brings a valuable perspective to people that rely on these techniques to start up and grow their business.
Lisa Greenstreet, Associate Solicitor in the Dispute Management Team at Freeths, moved back to her home city of Sheffield from Bristol in 2014. She wanted to reconnect with the local business community and so contacted Business Sheffield to see if she could use her expertise as a solicitor to support start-ups.
Jane Gregory is our resident Sales & Marketing Advisor, working with pre-start and start up businesses to grow their sales confidence and skills. With a long and varied career in telephone and face-to-face selling, Jane brings a valuable perspective to people that rely on these techniques to start up and grow their business.
We recently spoke with Lisa Greenstreet, Associate Solicitor in the Dispute Management Team at Freeths. A national law firm with eleven offices around the country, Freeths opened in Sheffield five years ago, expanding from five to a team of 31, they recently outgrew their city centre office space in Barkers Pool and moved to 3 St Pauls Place in Sheffield City Centre.
Comment from George Elliott, our guest retail expert
There are some words of advice that you get when starting a business that stay with you forever. There are some experiences you have along the way, that you wish someone would have warned you were coming or maybe even helped you avoid altogether! In my opinion, the more we can connect people who are starting a business with people who have had/or have a business, the greater their chances of success.
Sarah Johnson works for Sheffield-based accountancy firm, Hawsons, where she has helped hundreds of businesses succeed through good fiscal management during her 25-year career.
In the role of Manager within the Business Services Department, Sarah and her colleagues work with newly formed and small businesses, supporting them with basic bookkeeping, management of their accounts, Corporation Tax and VAT.
The wonderful world of finance can seem incredibly complex to people when they are first starting out with a new enterprise. That’s why Business Sheffield work with highly knowledgeable professionals like Sarah, to deliver free workshops for people like you, who want to learn the basics needed to set up and run a profitable business.
Sarah Johnson on the three basic steps to business accounting
Good bookkeeping, profit and loss projections and general fiscal management for small businesses can be mind-blowing. It is such a crucial part of setting up a successful business and yet it can often fall very much outside of a person’s comfort zone. That is why we work with Business Sheffield to deliver ‘basic bookkeeping workshops’ for people like you.
Like the rest of the workshops in the Business Sheffield support programme, ‘Basic Bookkeeping’ is completely free for start-ups or people who are thinking about starting up a business in Sheffield. It’s a very supportive environment and quite intimate – where we work with small groups of around 15 people and support them through three fundamental steps to managing their business accounts. It’s a very practical workshop and by the end of it, you’ll learn how to:
Do your own basic bookkeeping (learn about the ‘cloud-based’ services available, what documents you need to keep for your records and how long for).
Use the Profit and Loss and Balance Sheets to produce a meaningful set of accounts (simple PnL production and analysis to transform the way you manage your accounts).
Manage cash flow (perhaps the biggest downfall for a business just starting out is ensuring that you don’t draw out too much in your set up stage and that you’re on top of your longer-term projections; we can help you get this right!).
Over the years we have worked with all sorts of businesses; from landscape gardeners to retailers, to newly formed tech-based businesses. Although their businesses are unique – they all face the same challenges when it comes to managing their own finances and working well with Tax Authorities such as HMRC – that’s where we can help!
To book onto the next ‘Basic Bookkeeping’ session with Business Sheffield and benefit from the experience of professionals like Sarah, please visit http://www.welcometosheffield.co.uk/visit-searchresults/product/831671 and secure your free space now.
Business Sheffield is the business facing arm of Sheffield City Council. Through a region-wide programme called Launchpad, Business Sheffield deliver a programme of workshops and coaching designed specifically to support people who are thinking about starting a business and businesses less than two years old.
Look around the site to learn more about Launchpad and the free services and support you can access through Business Sheffield.