Energy News – 21/01/2017
The week of Donald Trump’s inauguration has seen shaky energy markets, a landmark Brexit speech by Theresa M...Read More
My business card says:
I don’t have one – that reminds me I need to get one sharpish!
I would describe my business self, in five words, as:
Creative, opportunist, hardworking, loyal, fair.
The hardest part of setting up the business was:
Raising finance. There’s not much out there for start-ups as far as bank funding goes. My business partner and I took out personal loans and some private investment. Put together a strong business plan, some conservative forecasts and then go out and talk to people about your idea.
The biggest challenge for my business has been:
Creating a strong management team. This is key for any business. You need strong people with the right skills in the right places. As a start-up you don’t have access to these key people as you simply can’t afford them on a full-time basis. Management skills and support is something I would have really appreciated as a start-up: someone to talk to about commercial decisions; HR issues; understanding profit and loss; recruitment; accounting; negotiating rents; etc. This is why we’re in the process of creating a management consultancy team that can offer this support to all businesses on an as-and-when basis.
My biggest business regret is:
I don’t have one yet… (fingers crossed).
My greatest business success is:
Being voted no.1 burger bar in Wales in our first year.
The key to being a successful small business owner is:
Have a strong concept, to be able to adapt to market changes and maintain consistency.
My top tip for entrepreneurs is:
Have a strong team around you.
My top money-saving tip is:
Always review the cost of your goods as often as possible. Check if there are any suppliers who can provide your common items at a better price. Also, remember it’s not always about the cheapest price. Often good relationships with suppliers can be worth more. It’s a fine balance.
The one thing that has saved me the most time with running my business is:
Creating a thorough recruitment policy to reduce staff turnover.
The one thing I would do differently with my business if I had my time again is:
Open it sooner.
The business headline I would most like to see is:
‘Government cuts VAT to 10% in hospitality industry’ — Which would in turn create more jobs and allow us to re-invest in the business.
If I wasn’t answering these questions I would be:
Unloading boxes of ketchup into storage.
Excellent, efficient service
"Mark at Switch My Business has always been extremely helpful and efficient in finding us the best until the deals and handing the transition between old and new companies. Would recommend 100%."This review was posted by Karl Hopkins on the 24th of January 2017
"Aaron Gallagher provided me with a very good service. Simple switch made easy. Thank You"This review was posted by Giani on the 24th of January 2017
"It was an absolute pleasure dealing with Mark. He was courteous, very customer focused. Mark was able to answer all my questions and was very informed. I would have no hesitation recommending your company. Having been a manager in global blue chip organisation I would not hesitate in employing Mark. A definite asset to any team. Cheerful, polite and a lovely disposition."This review was posted by Caroline Dyke on the 24th of January 2017
Very helpful and friendly
"Very helpful and friendly - explained it clearly and made the process quick and easy"This review was posted by Anne O'Hara on the 24th of January 2017
"Mark was a pleasure to deal with and worked hard to provide the best rates and explain what options were available to us without making us feel under pressure."This review was posted by LORRAINE LAWRENCE on the 24th of January 2017