small business news

record year for new business in Swansea

2013 saw a surge in company formations in Swansea, according to a new economic report from

Derby smashes record for company formation

Derby smashed its own record for company formation during 2013, according to the latest Duport Business Confidence Report for the area.

bumper crop of new companies in Cardiff

Last year saw a bumper crop of new companies setting up in Cardiff, with company formations reaching an all-time high.

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affordable training helps ease costs for small business

august 2012

In the current economic conditions, businesses are doing everything they can to keep costs down, including embracing more inexpensive forms of staff training.

A new report from the Forum of Private Business has revealed that cheaper alternatives to red tape training are becoming increasingly popular, with 48% of companies surveyed using supplier training and 41% using public sector training provided by public bodies such as colleges.

Phil Orford, the Forum’s chief executive, said:

“For the sake of small businesses and the economy, it is important that small businesses are able to access the right training for their staff at the right price. Unfortunately, while there have been some improvements recently, this is often not the case at present.

“But entrepreneurs are finding ways to provide the skills training their staff need that are more affordable than traditional routes such as expensive courses. This is particularly relevant given the training and guidance required in order to negotiate the minefield of red tape.”

The report showed that personal coaching schemes and online courses are also popular forms of training, though 52% of the companies surveyed said they do not believe responsibility for training should fall on the employer.

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