Tag: SME funding

Press Release – New LEP Chairman To Open Yorkshire Business Market 2018

David A Kerfoot, MBE, DL

The newly appointed chairman of the York, North Yorkshire and East Riding Enterprise Partnership (LEP) will officially open next Monday’s Yorkshire Business Market. (April 30)

David A Kerfoot, MBE, DL – the founder of The Kerfoot Group, which specialises in the packaging and distribution of oils – will perform the duties at 10am at Pavilions of Harrogate – the fourteenth year the convention has been staged.

This year’s business market, which has a focus on “Growing and Financing Your Business”, is expected to attract in the region of 1,000 business owners and managers and will feature scores of firms and organisations showcasing their unique services.

Headline partner Hornbeam Park Developments Limited has been joined by gold and silver partners CNG, AD:VENTURE, Leeds City Region Enterprise Partnership (LEP), the Federation of Small Businesses (FSB) and Stray FM in showing their support for the event, which is considered by many as one of the most important in the Harrogate District’s business calendar.

Yorkshire Business Market Chairman Mark Lancaster said: “With Monday fast approaching, we are delighted that Mr Kerfoot, MBE, DL, will officially open this year’s Yorkshire Business Market.

“He is an outstanding business leader and one who is well respected, highly regarded and an inspiration to many after growing his company from a back bedroom into a global operation.

“Last year’s Yorkshire Business Market was a great success, and this year’s promises to be no different. It’s the perfect opportunity to conduct business, network and learn from industry leaders. We have an impressive line-up of speakers, who will lead seminars on a wide range of topics including raising finance, GDPR and cyber security.

“This format has been key to the success of the Yorkshire Business Market and has ensured its popularity and longevity.”

To register as a visitor to this year’s Yorkshire Business Market, please visit: https://yorkshirebusinessmarket.co.uk/visitor-registration/

For Further Information, please contact:

Mark Lancaster, Yorkshire Business Market, on 07946 380089

Brian Dunsby, Yorkshire Business Market, on 01423 879208

David Simister, Different PR, on 07870 550 760

Press Release – CNG’s Gold Partnership Helps Energise Yorkshire Business Market 2018

Organisers of this year’s Yorkshire Business Market have been “energised” with the news that at a major Harrogate business is once again supporting the event.

CNG – the largest independent shipper of gas, and a major employer in the town – has joined the growing number of companies in the district to become an official partner.

The focus of this year’s Yorkshire Business Market, which is being staged at Pavilions of Harrogate on Monday, April 30, is “Growing and Financing Your Business”.

Last year, more than 1,000 delegates attended the Yorkshire Business Market, and organisers predicted a similar figure for this month’s event. And with just three weeks to go, nearly all the exhibition stands have been taken.

In addition to scores of firms and organisations showcasing their unique services, the event, now in its fourteenth year, will feature keynote speakers, seminars and plenty of networking opportunities.

CNG join AD:VENTURE, Leeds City Region Enterprise Partnership (LEP), the Federation of Small Businesses (FSB) and Stray FM as gold and silver partners, whilst Hornbeam Park Developments Limited is this year’s Headline Partner.

Martin Needham, CNG Commercial Director, said: “The Yorkshire Business Market is always a superb occasion and one that we are very happy to be supporting as a gold partner.

“We have customers across Harrogate and Yorkshire, and the Yorkshire Business Market presents us with the perfect opportunity to get our name out and to meet other businesses. There’s always lots of great seminars and plenty of networking opportunities.”

Yorkshire Business Market Chairman Mark Lancaster said: “We are delighted to announce the continued support of CNG, an integral member of the local business community, and an extremely well-known name.

“This year’s Yorkshire Business Market is only a few weeks away and only a few stands remain. We are also advising visitors to pre-book as it will speed up the arrival process.

“Those who have registered will have a name badge awaiting them and they will be able to gain access immediately.”

To register as a visitor to this year’s Yorkshire Business Market, please visit: https://yorkshirebusinessmarket.co.uk/visitor-registration/

For Further Information, please contact:

Mark Lancaster, Yorkshire Business Market, on 07946 380089

Brian Dunsby, Yorkshire Business Market, on 01423 879208

David Simister, Different PR, on 07870 550 760

Press Release – The Power of Social Media! Charity Wins Free Stand At Yorkshire Business Market

               

A Harrogate charity which promotes employer supported volunteering across the district will be displaying its services at a major business conference next month. (Monday, April 30)

Harrogate and Ripon Centres for Voluntary Service was one of scores of organisations to enter a social media competition to win a free stand at the Yorkshire Business Market.

Now in its fourteenth year, the Yorkshire Business Market is one the biggest networking events for businesses across Yorkshire with keynote speakers, seminars and plenty of networking opportunities.

The Yorkshire Business Market is being staged at Pavilions of Harrogate, on Monday, April 30, and organisers are confident it will be as successful as last year’s sell out event that attracted more than 1,000 visitors.

The opportunity to appear at the event could not come at a better time for the charity, which has just launched a new “local fund” initiative. Run in  partnership with Harrogate Borough Council and Two Ridings Community Foundation, it aims to put businesses in contact with the voluntary and community sectors.

Harrogate and Ripon Centres for Voluntary Service Chief Executive Karen Weaver said: “We are absolutely delighted to be able to part in this year’s Yorkshire Business Market. As a small, local charity, our resources don’t normally stretch to being an exhibitor.

“We need to raise awareness of the Local Fund to professional advisors, and also engage with businesses to find out more about how they can get involved, as it’s not just about making donations.

“We want to develop more employer supported volunteering across the District, as there is so much potential for mutual benefits for businesses and charities.

“Being at the Business Market will give us the opportunity to meet a wide range of business representatives, and gain valuable insights into the ways in which the Local Fund can build successful relationships with businesses on behalf of the local voluntary and community sector.”

Yorkshire Business Market Chairman Mark Lancaster said: “We are thrilled for Harrogate and Ripon Centres for Voluntary Service in winning our competition. It is a fantastic organisation which has been in existence for more than five decades.

“The competition proved to be a huge hit, and thanks to the power of social media, it has helped to promote The Yorkshire Business Market far and wide.”

The focus of this year’s event is Alternative Business Funding and the headline partner is Hornbeam Park Developments.

Further information about this year’s Yorkshire Business Market, including exhibiting and partnership opportunities, please visit: https://yorkshirebusinessmarket.co.uk/

For Further Information, please contact:

Mark Lancaster, Yorkshire Business Market, on 07946 380089

Brian Dunsby, Yorkshire Business Market, on 01423 879208

David Simister, Different PR, on 07870 550 760

Press Release – Yorkshire Business Market Announces Headline Partner For 2018

One of Harrogate’s leading commercial property developers has been announced as the headline partner for next month’s Yorkshire Business Market.

Hornbeam Park Developments Limited has thrown its weight behind the annual celebration of business and entrepreneurship, being held at Pavilions of Harrogate, on Monday, April 30.

Expected to attract more than 1,000 delegates, the focus of this year’s event – which has already seen more than 60 exhibitors including hotels, accountancy firms and digital marketing agencies booking stands –  is “Alternative Business Funding”.

In addition to scores of firms and organisations showcasing their unique services, the event, now in its fourteenth year, will feature keynote speakers, seminars and plenty of networking opportunities.

Yorkshire Business Market Chairman Mark Lancaster said: “I’m absolutely delighted that Hornbeam Park Developments Limited has come on board as our headline partner.

“The Harrogate District is home to some fantastic businesses and business leaders, and Chris Bentley, who heads Hornbeam Park Developments, is no exception.

“His business park, the former home of ICI Fibres, boasts an abundance of fast-growing, home-grown talent – professional practices, innovative manufacturers, high technology companies, social enterprises, the headquarters of a national hotel chain and a range of leisure and restaurant facilities, all within an exciting and vibrant community.

“These in turn provide employment opportunities for hundreds of local people and in turn significantly boost the local economy.”

Mr Bentley, Managing Director of Hornbeam Park Developments, said: “The Yorkshire Business Market is the Harrogate district’s premier business event, and we are delighted to be this year’s main partner.

“As passionate believers in assisting our tenants to grow their businesses, we also whole heartedly support this year’s theme.

“Despite the current turbulent climate, Harrogate is a superb location for business, and for the last 14 years the Yorkshire Business Market has flown the flag for businesses across the Harrogate District.”

Mr Lancaster added: “Last year’s business market was a sell out, attracting more than 100 exhibitors and more than 1,000 visitors from across the region. It is a one-day business-to-business networking opportunity, with great displays and topical seminars.”

Further information about this year’s Yorkshire Business Market, including exhibiting and partnership opportunities, please visit: https://yorkshirebusinessmarket.co.uk/

For Further Information, please contact:

Mark Lancaster, Yorkshire Business Market, on 07946 380089

Brian Dunsby, Yorkshire Business Market, on 01423 879208

David Simister, Different PR, on 07870 550 760

Headline Act! Pictured from left are: Brian Dunsby OBE, Yorkshire Business Market Organiser; Chris Bentley, Manging Director Hornbeam Park Developments Ltd; Chris Robbins from Robbins Associates and Mark Lancaster, Yorkshire Business Market Chairman.

Press Release – Yorkshire Business Market Returns To Harrogate For Fourteenth Successful Year

The annual Yorkshire Business Market is making its highly anticipated return to Harrogate this spring with a theme dedicated to “Growing and Financing Your Business”.

Being staged at Pavilions of Harrogate, on Monday, April 30, organisers are confident it will be as successful as last year’s sell out event that attracted more than 1,000 visitors.

In addition to scores of firms and organisations showcasing their unique services, the event, now in its fourteenth year, will feature key note speakers, seminars and plenty of networking opportunities.

To date, more than 40 firms have registered as exhibitors, including hotels, accountancy firms and digital marketing agencies.

Yorkshire Business Market chairman Mark Lancaster (pictured above) said: “The Yorkshire Business Market is regarded as the premier business showcase event in the Harrogate District’s business calendar and we are delighted to be bringing it back for its fourteenth year.

“The blend of networking, exhibition and presentations is a winning combination that sees this event consistently growing in popularity.

“Last year’s business market was a sell out, attracting more than 100 exhibitors and more than 1,000 visitors from across the region. It is a one-day business-to-business networking opportunity, with great displays and topical seminars.

“2017 was the first time we had a theme that focused on Business Start Ups, and we included dedicated space and a seminar programme aimed directly at their needs and those of our partners.

“We have spent time over the last couple of months to ascertain what Yorkshire Businesses are talking about and business finance and growth was very high on the list.”

Mr Lancaster added: “Over the coming weeks we’ll be announcing the headline sponsors, confirmed exhibitors, seminar speakers as well as this year’s guest of honour who will officially open the day.

“The Harrogate District is home to a wealth of diverse businesses – many small and medium sized.

“The Yorkshire Business Market is the ideal venue for them to showcase their products, to meet existing and potential new clients, as well as meeting colleagues from other industries and sectors.”

Further information about this year’s Yorkshire Business Market, including exhibiting and sponsorship opportunities, please visit: https://yorkshirebusinessmarket.co.uk/

For Further Information, please contact:

Mark Lancaster, Yorkshire Business Market, on 01423 879208

David Simister, Different PR, on 07870 550 760

Top Alternatives for SME Funding

SME funding Yorkshire Business Market

At one time, unless you were independently wealthy or had generous relatives, getting funding for your business meant going cap in hand to the bank. Provided your business plan met the bank’s stringent criteria, and you had sufficient collateral, a loan was agreed. The problem with many startup companies is that they either don’t fit the bank’s perception of a good risk, or they don’t wish to go down that route. In the modern marketplace, there are several alternatives for SME funding that an independent financial advisor could talk you through.

1.        D.I.Y or Bootstrapping

According to a 2016 report by The Company Warehouse, 56% of new businesses in the UK went down the bootstrap route, i.e., were completely self-funded. This contrasts with the number of startups who sought out a bank’s help – under 7%. Using your own money or borrowing from relatives can have advantages:

  • Attractive repayment periods and fees
  • More independence to run the business as you see fit, without corporate investors and banks breathing down your neck

Of course, not everyone can adopt the bootstrap approach.

2.        Venture capital or business angels

Venture capital (from a company or fund) is usually a significant investment in exchange for a share in the business. A business angel, on the other hand, is an individual with the funds to invest seed money into businesses, usually in exchange for equity or convertible debt. If you’re seeking a smaller amount of startup funding, then consider finding an angel investor on sites such as UK Business Angels Association. The advantage of using capitalists and angels is that they should bring valuable knowledge, skills, and experience to help with your business.

3.        Crowdfunding

Crowdfunding, or peer to peer finance, is where many people invest small amounts in new or existing businesses in exchange for equity. Platforms such as Crowdcube let users know about new investment opportunities and make it straightforward to sign up. You set the investment goal and the end date for the campaign, then sit back and wait, and (hopefully) watch the money flood in.

4.        Partnership

If you’ve examined and rejected all other forms of SME funding, it might be worth considering a partnership. This could be someone who shares the responsibilities and day-to-day running of the business, or a silent partner. Both have their pros and cons. It helps to lighten the load having an involved partner, however if you aren’t well matched, it can cause more headaches. A silent partner would not interfere in how you run things, but they wouldn’t be available to offer hands-on help, should you need it.

While the most popular funding approach for Yorkshire SMEs might be the bootstrap approach, this becomes more difficult to maintain as your business grows and you want to develop new projects. Fortunately, there are other alternatives for startups and existing businesses.

The theme for the 2018 Yorkshire Business Market is Growing and Financing Your Business. The event is being held on Monday, 30th April at the Pavilions of Harrogate, and is open to all businesses across Yorkshire.

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Disclaimer

The Yorkshire Business Market is not a financial advisor, therefore we accept no liability if companies pursue any of the above funding alternatives. Always seek independent expert financial advice before entering into any financial agreement.