Business Heroes is moving…

Business Heroes is moving!

Hi everyone,

Thanks for visiting our site over the last six months. It’s been a fantastic learning process for us and our various contributors. We started with nothing and we’ve now rocketed to the point where we have a loyal following of readers who regularly contact us with feedback and comments – thank you if you’ve taken the time to do this!

So, with one eye on the future, we’ve decided to take things to the next level; more features; more news; more video; more interaction plus the same great news and views delivered to you, our readers. However, we’re not stopping there. This year will also see the launch of the Business Heroes awards, a major small business competition to recognise the best of UK business. We’ll announce more about this in the next three months – watch this space!

To do all of this we’ve decided to move to our own servers and give ourselves a proper address. We can now be found here at and as from today, we’ll no longer be posting on this site. Please save this new address in your bookmarks and continue to follow us on Twitter, where we will be running competitions and providing you with the latest news directly.

See you there!

The Business Heroes Team


Small Business News | Boom in small businesses but with a legal sting in the tail

According to the Federation of Small Businesses (FSB) a record number of people will become self-employed this year. However there are concerns that the taxman may wish to turn your status from self-employed to employed, therefore putting you into the PAYE bucket.

 With the UK facing high unemployment, the FSB is expecting a boom in people going it alone this year with a record 300,000 people looking to become their own boss. According to the article this will not only help grow the economy but could in turn create more jobs as these small businesses flourish. However, the FSB is concerned that those that do become self-employed are penalised by the taxman if they take on other part-time or temporary work for another company. If so, there is a chance that the taxman will want to put you into the PAYE bucket and turn your legal status from self-employed to that of an employee. Therefore the FSB is calling on the HMRC to respect the declaration of self-employment, accepting the individual as just that unless a material change takes place.

 To read more on this issue, please visit the Federation of Small Businesses.

Small Business News | Business Minister starts ‘work experience’ week

Business and Enterprise Minister Mark Prisk has this morning kicked off an initiative to spend a week working with small businesses to gain better insight into the experiences of companies on the ground. Mr Prisk is spending today with a small Bethnal Green based company.

The ‘Week in Small Business’ initiative was introduced by the Department for Business, Innovation and Skills (BIS) to gain an in-depth understanding of the specific needs of small and medium sized businesses (SMEs).

Mr Prisk is also actively encouraging employees working on enterprise policy at the Department to participate in the initiative over the next year to help boost their understanding of the real-life issues faced by smaller firms, and bring SMEs and Government closer together.

More information on the initiative is available on the NDS website.

Small Business News | Coalition Agreement Positive for SMEs

An interesting story in Plastics & Rubber Weekly reveals that The Forum of Private Business (FPB) has reacted positively to the publication of the full coalition agreement between the newly merged Conservative and Liberal Democrat parties. According to the article “the forum believes moves to cut red tape, impose ‘sunset clauses’ on regulations and review employment law will all be welcomed by small to medium-sized enterprises (SMEs). ”

To read the full article, please visit Plastics & Rubber Weekly

Small businesses feel abandoned by politics

Britain’s small and medium businesses (SMEs) are feeling disenfranchised in the run up to the general election despite playing a vital role in the economy, according to new research from The SME energy broker service found that almost four in ten small business owners (39%) believe that none of the political parties are concerned about small business issues. For further information, please visit Fresh Business Thinking

Small Business News | Turnover Reaches New High

Despite a challenging start to the year, small business turnover reached a 29-month high in March 2010 according to new research out today. The Index for the first quarter of 2010 ended on a high of 108.1 – a level not seen since October 2007.

The study from Bibby Financial Services also showed almost two thirds (62 per cent) of businesses surveyed do not anticipate real economic improvement for at least another 12 months.

To read the full article visit Fresh Business Thinking.