Britain’s banks and insurers are to be tested on how well-prepared they are for climate change emergencies.
Source: BBC

The City’s last remaining open outcry trading floor has won a reprieve.
Source: Sky Business News

Official figures show pub owners’ level of confident almost half that other other businesses.
Source: BBC

Tide, the digital business banking group, is closing in on a new round of funding led by the growth arm of one of Britain’s biggest private equity firms.
Source: Sky Business News

Originally written by Anna Jordan on Small Business

SMEs have had a difficult time over the pandemic and want to boost their revenue as much as possible.

Luggage storage firm Bounce has five simple ideas to help you get more income and footfall with minimum effort.

Add a return bar service

A return bar accepts packages from the customers to ship back to the seller. They’re a point of contact for the customer – similar to the Post Office, but specifically for local businesses dealing with online returns. There are no set-up fees and it’ll encourage footfall into your establishment.

>See also: What can I do if an EU customer refuses delivery of goods sold and returns them?  

Offer package acceptance

You could be the point of contact for the ‘sorry, we missed you’ postal slips. Accept packages on customers’ behalf and keep them safe until they can be collected. You can earn commission on every package sent to you.

Luggage storage

If you’ve got some space to spare, consider luggage storage. It could be a storeroom or a cupboard behind the reception desk – any storage space will do. You can sign up to a storage space service or a luggage storage company. Earn a commission on every bag you store and get extra cash from customers spending while they’re in your shop or café.

It’s easy and has no set-up costs and you could potentially earn an extra £250 a month, according to Bounce.

Provide bike storage

If you’ve got a lot of storage space, why not consider storing bikes too? With bike storage, you can set your own rates and it could be especially lucrative if your business is based in a busy area. You just need a bike rack or an enclosed space that you can monitor.

>See also: Brompton MD, Will Butler-Adams: ‘Manufacture’s become entrepreneurial again’

Host an Amazon locker

Amazon offers a similar service to package acceptance or a courier service – they just use lockers rather than a staffed desk. Having one on or near your place of work could bring in extra business. Find out more at the Amazon Hub.

For more revenue-boosting ideas, head over to Bounce’s website.

Read more

How this London bakery found new revenue streams during lockdown

5 ways you can increase revenue by using your extra space

Source: SmallBusinessUK

Originally written by Anna Jordan on Small Business

SMEs have had a difficult time over the pandemic and want to boost their revenue as much as possible.

Luggage storage firm Bounce has five simple ideas to help you get more income and footfall with minimum effort.

Add a return bar service

A return bar accepts packages from the customers to ship back to the seller. They’re a point of contact for the customer – similar to the Post Office, but specifically for local businesses dealing with online returns. There are no set-up fees and it’ll encourage footfall into your establishment.

>See also: What can I do if an EU customer refuses delivery of goods sold and returns them?  

Offer package acceptance

You could be the point of contact for the ‘sorry, we missed you’ postal slips. Accept packages on customers’ behalf and keep them safe until they can be collected. You can earn commission on every package sent to you.

Luggage storage

If you’ve got some space to spare, consider luggage storage. It could be a storeroom or a cupboard behind the reception desk – any storage space will do. You can sign up to a storage space service or a luggage storage company. Earn a commission on every bag you store and get extra cash from customers spending while they’re in your shop or café.

It’s easy and has no set-up costs and you could potentially earn an extra £250 a month, according to Bounce.

Provide bike storage

If you’ve got a lot of storage space, why not consider storing bikes too? With bike storage, you can set your own rates and it could be especially lucrative if your business is based in a busy area. You just need a bike rack or an enclosed space that you can monitor.

>See also: Brompton MD, Will Butler-Adams: ‘Manufacture’s become entrepreneurial again’

Host an Amazon locker

Amazon offers a similar service to package acceptance or a courier service – they just use lockers rather than a staffed desk. Having one on or near your place of work could bring in extra business. Find out more at the Amazon Hub.

For more revenue-boosting ideas, head over to Bounce’s website.

Read more

How this London bakery found new revenue streams during lockdown

5 ways you can increase revenue by using your extra space

Source: SmallBusinessUK

Environment Secretary George Eustice has described a ban on exporting sausages and processed meats from Great Britain to Northern Ireland agreed as part of the Brexit process as “nonsensical”.
Source: Sky Business News

A record proportion of mortgage lending was made to home movers during a surge in the UK housing market.
Source: BBC

A technology entrepreneur who set up his IT company in his bedroom at the age of 22 is to toast a £100m windfall from the sale of the business to Inflexion, the private equity investor.
Source: Sky Business News

The Bank of England is to test how big banks and insurers can cope with the risk of rising sea levels, more frequent heatwaves and shrinking economic output caused by climate change.
Source: Sky Business News