Neat Nutrition's popular protein supplements now grace the virtual shelves of Net-a-Porter and Mr Porter across Europe and the US. Not bad for a start-up that's only been trading for a year. Here the two former GB swimmers behind the company, Lee Forster, 33, and Charlie Turner, 32, explain the secrets of their success.
Duchess of Cambridge's brother James Middleton's marshmallow firm Boomf secures £500k innovation loan
Boomf allows customers to upload pictures that it prints on edible marshmallows and sends as gifts. Founded in 2013, it has a turnover of £2.4million and 13 staff at its Berkshire base. But it has yet to turn a profit, and lost £250,000 in its first year. The loan comes from Barclays' Innovation Finance scheme, which lends to innovative firms at favourable rates, with the backing of the European Investment Fund.
Crowdfunding, angel investing, or venture capital? Find the best way to raise money for your business
It's tempting to act like a kid in a sweet shop when it comes to the different forms of investment on offer for your small business. But it's important to have a clear idea of what you would use the money on - and to find out which form of fundraising would suit your business best.
Want to succeed at crowdfunding? Launch a food or drink business and DON'T be digital-only
Crowdfunding might seem like an area where trendy, digital-first businesses would thrive. But new data suggests the opposite is actually the case. In fact, businesses in the food and drink sector proved the most likely to succeed, according to Seedrs.
Stay-at-home mum Natalie Crayton lands a £180,000 deal with Sainsbury's to sell her sea salt
'Living on a small island there's not many job opportunities, you've got to create your own,' says the founder of Hebridean Sea Salt. Natalie Crayton, 34, set up the firm on the Isle of Lewis in 2011. Now Crayton, who has four employees, has won a £180,000 deal with Sainsbury's that will see it launch into 360 stores. It is the firm's first UK-wide deal.
Meet the man taking the hassle out of haggling: Carwow's James Hind reveals how a childhood passion for cars made him turn the tables on dealers
For those who shudder at the prospect of haggling, one entrepreneur has set out to take the awkwardness out of car buying. Meet James Hind. His Carwow website turns the tables on dealers and makes them fight it our for your business. He reveals how he created the idea, got started and grew his business.
An investment good enough for Usain Bolt: World's fastest runner takes stake in Suffolk-based insole company
Usain Bolt has become a significant minority shareholder in Enertor, an insoles business run by a team of four from Ipswich. They are now selling through Superdrug and hope to convert even the most casual runner to using insoles, which founders Nick Beresford and Andy Croxson say would benefit 70 per cent of people.
SMALL BUSINESS ESSENTIALS
I want to grow my small business, how do I go about accessing finance? Five key points to consider
In order to become more productive, businesses often need investment to purchase new equipment, or hire more staff. It frustrates me to see perfectly good businesses finding it so difficult to access investment. Here are answers to five big questions asked by SMEs when considering applying for credit
As the government pledges to spend £1 in every £3 with SMEs, here's how to pitch for contracts and make the most of this £15bn opportunity
Emma Jones, the new government's Crown Representative for small and medium sized businesses tells This is Money the main issue she hears from small businesses is that government contracts are difficult to apply for. But this isn't the case, she insists.Here are some tips on how to make the most of what is a £15 billion opportunity to supply to government.
SMALL BUSINESS GUIDES
- How to write a business plan
- Could you be a part time entrepreneur?
- How to get a mortgage if you own your business
- How to conduct market research
- Marketing your small business
- Five of the best current accounts for start-ups
- Thinking about starting up a business? Top tips
- How to patent your small business idea
- How to grow your business through employment
- How to expand your business and get funding
- Doing business overseas and your bank account
- Top tips to make your firm a success
- What is franchising?
- Making a franchise work
- Turn a market stall into a small business success
- A guide to business angels
SMALL BUSINESS NEWS & ADVICE
How business leaders around the world will react to Brexit: Cultural pychology expert GURNEK BAINS on what you need to know to do business abroad
Business leaders hate uncertainty, says psychology expert Gurek Bains. You can expect companies to move their operations out of the UK pretty quickly - and snap up cheap British assets. He argues that business leaders in Europe feel more deeply about Brexit, while Americans could take a pragmatic approach.
Companies must give employees greater freedom to keep them motivated, says flexible working champion
Many industries still ignore, or resist, their employees' needs for more flexibility, creating a disenfranchised workforce, warns chief executive of sales platform Universal Avenue Johan Lilja. With competition for skilled staff increasing and digital technologies creating opportunities for more favourable working patterns, businesses need to wake up to the fact the power is shifting.
ME & MY BUSINESS: SUCCESSES & INSPIRATIONS
Maker of air-dried fruit and vegetable crisps planning rapid expansion with help of new £150,000 funding package from Lloyds Bank
Single mother Nimisha Raja, who launched Nim's Fruit Crisps in 2012, is targeting new markets in the US, the Continent and Australia, and is developing new lines, including seasonal products such as fig and orange crisps for Christmas. The firm's expansion comes as a report from Lloyds Bank last week revealed food and drink companies in England and Wales have raised their growth forecasts and plan to create more than 75,000 new jobs over the next five years, despite uncertainty since the EU referendum vote.
'I went into my savings account and started up with $5,000 - now we sell $400m a year': Spanx founder Sara Blakely and model Tyra Banks reveal their beauty business secrets
What happens when you get together two of the world's most high-profile self-made women and ask them to share their business secrets? Sara Blakely, founder of Spanx and model turned entrepreneur Tyra Banks tell us how they've ended up exposing underwear in the bathroom and raiding savings to get ahead.
START-UP SECRETS
- Cerys Matthews: Why I decided to start my own music festival - and how I made it stand out
- Kate Thornton's Start-up Secrets: 'My career was driven by other's decisions to hire or fire me. Now I'm in charge to save shoppers money'
- Ex-Dragon James Caan's Start-up Secrets: 'Accepting failure is as important as being successful'
- Jacqueline Gold's Start-up Secrets: 'How I made Ann Summers a multi-million brand'
- Apprentice winner Joseph Valente: 'You must be likeable - the other candidates looked like idiots!'
- Dawn O'Porter's Start-up Secrets: 'I had to make people understand I was not a floozy off the telly'
- Pimlico Plumbers' Charlie Mullins: Borrowing from the bank almost sent me bust
- Celebrity chef Aldo Zilli: 'My restaurant business wouldn't be standing if it weren't for Wham'
- Posh Pawn's James Constantinou: 'I cashed in on the crash'
- Lily Cole: 'I want to balance my social enterprise work with films and my artistic side'
- 'The bank manager was a misogynist, he said I had no chance': Hilary Devey's £100m business
- Made in Chelsea's Jamie Laing calls off his Candy Kittens crowdfunding campaign
- 'I struggled to be taken seriously': Caprice reveals how she lost £1.6m in the financial crisis
- Ex-Dragon Piers Linney: 'I started on a paper round - now I've made my staff millionaires'
- TOWIE's Lauren Pope: 'Leaving the show is a massive step - but I have to do it for my business'
- Ken Hom: My woks are built to last - but I'd love people to buy a new one!
- Property TV star Sarah Beeny: 'You need to look for the next big thing, not the thing that's big now'
- Charles Tyrwhitt boss: 'I founded my £185m shirt company by selling an Aston Martin'
- 'Lord Sugar and I couldn't be more different': Dr Leah Totton reveals her Apprentice secrets
- Sarah Willingham: 'For a Dragon, it's about the individual more than the business'
- City Superwoman Nicola Horlick: 'The one-word answer that would make me hire you'
SMALL BUSINESS GUIDES & TIPS
SMALL BUSINESS SERVICES
DON'T MISS
- 'We wanted to create a high-end brand - the Chanel of the protein world': How two former GB swimmers went from start-up to Net-a-Porter deal
- 'Our virtual receptionists are a hit': Booking firm Appointedd gets a lift with big US deal
- Do you have what it takes to run your own vineyard? As English wine surges in popularity, these winemakers reveal why they've left their old lives behind
- As female chief owns up to pregnancy fears: Bosses plead for financial support on maternity pay
- Two-thirds of Britain's small firms expect to see growth over next six months despite Brexit concerns
- Didn't get the exam results you wanted? Young entrepreneur who left school without GCSEs reveals how you can still succeed
- My clients know they're not paying for gold taps: Sustainability consultancy founder Nicola Stopps' Start-up Secrets - and joys of being office free
- Almost half freelancers and micro-businesses are in the dark on quarterly tax 43 per cent were unaware of the 'Making Tax Digital' reforms.
- I want to grow my small business, how do I go about accessing finance? Five key points to consider
- A record number of new businesses have been set up this year, says StartUp Britain The number of new businesses is on course to beat last year's total of 608,000.
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I want to build a website for my small business, how do I do it?
From DIY to professional help
Sponsored - Want a five-star business account? Co-op and RBS lead the pack but HSBC is top for community accounts
BUSINESS GUIDES DON'T MISS
- Could you make thousands a year from a fancy shed? Unusual places to stay are all the rage
- SIR JAMES DYSON How to come up with a great invention and then protect your idea from copycat cheats
- How to write a business plan to tempt lenders or investors A practical step-by-step business plan formula
- How to conduct market research to make your business idea a winner It's important not to rush straight in
- How to fix your own finances: Five top pension planning tips for the self-employed Tips on how business owners should build their fund
- How to be a big hitter on Twitter: Learn to use social media and grow your business You don't need to fork out a fortune.
- Six tricks to get your business noticed Charlie Mullins' Pimlico Plumbers has a reputation for being head-and-shoulders above the rest when it comes to marketing
- Five of the best current accounts for start-ups with interest, overdrafts and perks Which banks are offering the lowest fees, in-credit interest and best free perks?
- How to protect your small business idea You've had a great business idea. How do you go about protecting it? Find out in our guide.
- What small businesses need to do to avoid pensions pain as auto-enrolment edges closer This is Money has compiled a checklist
Loan payment calculator
ANSWERS FROM THE Experts
- Bank accounts are closed by 'kangaroo courts', says TONY HETHERINGTON as another customer is evicted without explanation
- Why did I have to pay tax on my £10,000 savings bond? TONY HETHERINGTON replies
- My ex-husband remarried but then died without making a new will, so is his old one with me in it still valid?
- ASK TONY: First Aviva messes up my pension, then says I should work till 65! And now they won't call me back
- TONY HETHERINGTON: My premium bond wins are missing, can you help?
- What happened to the pension contributions I paid more than 40 years ago? TONY HETHERINGTON replies
- If Belgium can banish ‘binary options’, then why can’t we, asks TONY HETHERINGTON
- ASK TONY: Swindon Council is chasing me for parking fine I thought I'd paid - and the bill is now £422
- ASK TONY: Mystery of the lost £80k in shares as Santander blames 'systems error' for losing retired couple's savings
- I paid £28 a month for years for two bank accounts I didn't need but NatWest won't give me a refund
Latest from Markets
- William Hill in £4.5bn talks to merge with Canada’s online gambling business Amaya
- Sky to report first-quarter figures amid rumours that Murdoch's 21st Century Fox may put in a bid for the company
- UK's biggest bookmaker William Hill in talks with Canadian rival to create £4.7bn gambling behemoth
- MARKET REPORT: Investors in bookies out of luck as talk of a ban on TV advertising sends shares tumbling
- FTSE CLOSE: London shares finish above 7,000 as pound slips after 'flash crash'
- ALEX BRUMMER: Pound set for dollar parity as the Bank and the Federal Reserve move in opposite directions
- EUROPEAN ASSETS TRUST: A bet on the best small firms on the continent
- The pound flash crash cost Sports Direct £35m in profits with robot traders blamed for the plunge
- Industrial supplies firm Brammer dives 30% after issuing a profit warning and scrapping dividend
- Cheap knock-offs can't stop Weetabix sales as the Chinese-owned cereal continues to be the best-selling brand
- HarbourVest extends deadline in £1bn takeover battle with rival SVG Capital
- DAILY BRIEFING: European Commission to impose anti-dumping duties on Chinese steel
DON'T MISS
- Confused about 'hard' and 'soft' Brexit, the Norway model and the Swiss solution? This handy table explains the options for the UK's exit from the EU
- 'If I have money, I always buy property' Loose Women's Saira Khan on her modest upbringing and being paid over £100k for Celebrity Big Brother
- Half a million workers could top up their state pension at 'bargain basement' rates Workers who miss years of contributions can make voluntary payments
- REVEALED: The most and least affordable places in the UK to buy a home - as average house price comes to more than six times earnings
- Pound sinks again after suffering mystery 'flash crash' when it appeared to drop 10% in seconds before rogue trade was cancelled
- Hard-pressed savers could get state-backed high interest rates accounts, hints PM Return of pensioner bonds?
- Chancellor endorses Carney but admits savers ostracised by super-low rates must be 'won back'
- Buy-to-let mortgage tax relief battle backed by Cherie Blair hits the skids Court refuses full judicial review.
- House prices holding steady since Brexit vote But property inflation is tipped to tail off in soft market, says Halifax.
- Holidaymakers get less than one euro to the pound at airport currency desks Sterling continues to suffer.
- Five things you need to know before buying a chalet in Europe 'Choose a ski resort that's attracting millennials'
- Four Legged Fancies' canine confections are going down a treat with pet lovers and winning celebrity fans A bakery for dogs?
- If the pound keeps falling the FTSE 100 could hit 7,700, says Richard Buxton - crazy as that may sound Minor Investor column
- Hydrotherapy for dogs and acupuncture for cats: Cost of insurance shoots up 9% to cover posh pet therapies
- If it's good enough for Neil Woodford... peer-to-peer trusts can yield up to 10% But are they worth the risk?