Smart Up

Smart Up Helping entrepreneurs & SMEs identify and interpret early warning signals of business crisis.

There are some brilliant insights in this article from Barclays Eagle Labs. Like this one:>> Bob Maiden, founder of a st...
15/03/2022

There are some brilliant insights in this article from Barclays Eagle Labs. Like this one:

>> Bob Maiden, founder of a startup business plan competition and an experienced entrepreneur, has analyzed why so many startups fail. It’s not due to a lack of funding or a lack of vision. Instead, he suggests that startups fail because founders are unable to make the leap from “pre-customer” startup to “post-customer” business. In short, entrepreneurs fail to transform into business owners. They fail to transform “chaos” into “structure.”

Barclays Eagle Labs have posted a brilliant article about which shares common threads with 2 of our + projects:

Smart Up : Screening for Business Health
and
LIME - Lean Innovation for Micro Enterprises

“Entrepreneurs are good at taking advantage of failure when things are chaotic, but less so once a business hits a certain plateau…”

…”ultimately the difference between a 10-person startup and a 1,000-employee company… you have so much more agility to experiment and constantly innovate -- and not just small, incremental changes, but big, radical, bet-the-company changes.”

Read the article here:
https://bit.ly/361GmzA

Search for SmartUp and LIME on Facebook and LinkedIn.

Thanks Adrian!
02/03/2022

Thanks Adrian!

Business failure is increasingly recognised as an important topic within enterprise education and for good reason: more than half of European businesses will not survive past the 5-year mark. There is a huge economic, societal and personal consequences of business failure: entrepreneurs pay a high c...

So nice to get this lovely feedback this morning,   Thanks Adrian.
02/03/2022

So nice to get this lovely feedback this morning, Thanks Adrian.

Business failure is increasingly recognised as an important topic within enterprise education and for good reason: more than half of European businesses will not survive past the 5-year mark. There is a huge economic, societal and personal consequences of business failure: entrepreneurs pay a high c...

Business crises and mental health crises are inextricably linked. More than half of small business owners (52%) surveyed...
03/02/2022

Business crises and mental health crises are inextricably linked. More than half of small business owners (52%) surveyed by Simply Business, live in fear of future lockdowns and the impact it could have on their trade, according to this article by : https://bit.ly/3Gt9M5Y

82% reporting that their mental health has already declined due to the pandemic, as more challenges await the self-employed.

HELP IS AVAILABLE! Free resources are waiting for you at https://bit.ly/3J3akRY 🆘

Check out Module 3: Predicting Financial Distress & Indicators of Crisis https://bit.ly/3B1ZXeb

and Module 6: Module 6: Critical Area of Leadership in Crisis
https://bit.ly/3gmJUxX

A mental health crisis is looming among small business owners – with 82% reporting that their mental health has already declined due to the pandemic, as more challenges await the self-employed.

"If you feel like your small business is about to go under, you’re not alone. More importantly, you can do something abo...
11/01/2022

"If you feel like your small business is about to go under, you’re not alone. More importantly, you can do something about it."

We'd discovered this great blog which offers quick tips on analysis, managing , reviewing who your target , and more.

If you're looking to dig a bit deeper in order to get your small business back on track, take SMART UP's free online course in business crisis management. You can go at your own pace and pick the modules most helpful for yuo:
https://www.smartupproject.eu/online-course/

https://bit.ly/3HSSHU7

Facing failure and overcoming it is just another part of any business. So, if you feel like your small business is about to go under, you’re not alone. More importantly, you can do something about it. Launching a small business is risky. But leading that business to success and keeping it there is...

16/12/2021

! This time last week our UK partner National Enterprise Network were preparing to deliver a show stopping presentation on the amazing Smart Up resources to 80+ attendees in the centre of Birmingham!

Huge thanks to everyone involved in this event, which offered small business owners and self-employed individuals the chance to explore the free online tools that can help them identify the early warning signs of business crisis, so that small businesses can survive and thrive!

16/12/2021
How will your   celebrate the "international week of happiness at work"??This blog from the UK's Small Business Research...
23/09/2021

How will your celebrate the "international week of happiness at work"??

This blog from the UK's Small Business Research + Enterprise Centre has some great suggestions. We'd like to add one to the list please!

Find some *free resources* to help strengthen your and share them with your team! Start here: https://www.smartupproject.eu/

Have a great week 😄

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Can business failure and crisis be avoided if businesses are better prepared to weather turbulence?

SMEs have undisputed significance in driving Europe’s economic growth, accounting for 85% of new jobs and 66% of private-sector employment. As such, the quality and relevance of the vocational entrepreneurship education provided for new and existing entrepreneurs plays a key role in achieving the 2020 goals of smart, sustainable and inclusive growth. Statistics show that more than half of European businesses will not survive past the 5-year mark. As such, business failure is recognised as an important topic. But to date, the emphasis has been placed on accepting failure and helping entrepreneurs learn from the experience, and start over again. But this overlooks the huge economic, societal and personal consequences of business failure.

What if, entrepreneurs and SMEs could instead be provided with the skills needed to weather the storm?