Doreming

Name: Doreming
Address: Level39, One Canada Square, Canary Wharf, London, E145AB, GB
Telephone: +442038240726

HR Revolution for Shift & Task based SMEs : All-in-one HR Platform for shift & task-based SMEs - Aut

28/08/2020

A new study has looked to identify exactly how much UK SMEs should be re-investing to succeed post-Covid. It is discovered that top-performing firms re-invested an average of 9% of profits into the business, compared to 5% among the less competitive peers.

A quarter of small businesses say re-investing profits back in the business is one of the most important factors driving the success of their business

27/08/2020

Besides government funding, there are 3 alternative options SMEs can consider to secure capital fundings.

1. Private Equity
Sourcing growth capital from investors can be a great way to raise money for business.

2. Crowdfunding
Crowdfunding can help SMEs kick-off with a small amount of capital raised.

3. Angel Investors
Having a mentor or ‘angel’ can help new entrepreneurs gain valuable experience from the business community and raise money.

The UK's small and medium-sized enterprises (SMEs) have been affected massively by the COVID pandemic, but many have also been able to pivot quickly and diversify their service offering to see them through the period.

25/08/2020

It is discovered that nearly 66% of the most successful small businesses in Uk have a formal, long-term vision, and it is encouraged that SMEs should formulate clear vision to respond to COVID-19. A well-defined vision can define the clarity in workforce and can act as the blueprint behind the business activities.

Nearly two thirds (66%) of the ‘most successful’ businesses have a formal, long-term vision, according to the a new study commissioned by Allica Bank.

24/08/2020

Despite COVID-19 disruption, the research found that SMEs are outperforming their own revenue expectation and preparing for recovery. Access to digitalisation is the right technology for SMEs to get ahead and it is encouraged that firms should invest in digital technology.

Businesses reported, on average, a 14% decline in revenue for their second quarter, compared with the first quarter. The drop was half as severe as the predicted 28% decline.

21/08/2020

Barclaycard SME transaction data for the first half of Q3 has shown consistent weekly growth, and the average daily transaction value has risen by 60 per cent compared to the daily average for Q2. Therefore, it shows an optimistic sign of improvement and recovery for SMEs.

The more recent Barclaycard Payments’ quarterly SME Barometer has revealed that both small and medium businesses have exceeded their revenue predictions for Q2. At the start of April, SMEs predicted a 28 percent decline for the quarter, but now that Q2 is in the books, research reveals an average ...

20/08/2020

The COVID-19 has disrupted SMEs in the UK largely, however, firms are showing continuous resilience on preparing for the new economy. It is found that digital transformation is the key driver for SMEs to achieve sustainability and productivity in the upcoming future.

Research from HSBC UK has found that investment in technology and innovation is a top priority for the next five years among UK SMEs

19/08/2020

The UK self-employed owners are applying for grant as a way to financial boost their businesses as the pandemic has a huge impact on the SMEs. On the bright side, it is found that 75% of the small businesses are planning to resume and restart their businesses in upcoming days with the help of fundings.

Over 10,000 SME owners have applied for a single £10,000 Business Boost grant from insurer Simply Business

18/08/2020

80% of SMEs in UK are confident in recovering from the pandemic. One key factor driving this improvement is the adaptability of SMEs, nearly 2 out of 5 firms are shifting their business model to digital for better efficiency.

Doreming's digital HR platform that can also facilitate and help small firms to improve productivity 👍

80% of UK SMEs are confident they will recover from Covid according to a new survey.

17/08/2020

On average 48% of small businesses in UK are confident in how they are coping with the pandemic. The article stated that SMEs owners are showing high support and communication to their staff to maintain business productivity and personal well-being . 💪

On average 29% of SMEs have kept calm and carried on with no action needed, according to survey from Purbeck Insurance Services, showing how SMEs are coping well with the pandemic

10/08/2020

40% of UK's SMEs manufacturers are expecting future sales to grow gradually, which is a massive improvement on the 9% that was predicted back in April.

However, there are still difficult times ahead for the SMEs and Doreming is here to ensure businesses can thrive.💪

The latest Manufacturing Barometer has revealed a more upbeat picture as the sector emerges from lockdown, but suggests there is still a long way to go until confidence is fully regained.

Address

Level39, One Canada Square, Canary Wharf
London
E145AB

Telephone

+442038240726

Website

http://www.doreming.com/

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