Upon not being a small big business

Small/owner-managed/independent businesses are big news at the moment and quite rightly so considering they employ 12 million people and account for a jaw-dropping 99.8% of UK business names. I’m taking those stats from this article on the BusinessZone website, which is making the point that small/growing/new/young businesses are not just cut-down big companies. In the same way that a three year old is not just a pint-sized adult but a different proposition altogether and responds to and requires different handling, a small/boutique/family company needs to be approached and catered for in a manner that fully understands the concerns, benefits and specifics of being a smaller business.

The euphemisms or alternative terms to ‘small business’ are lifted from the article which implies that the term ‘SME’ or even worse, “smee” (a term I’m grateful never to have heard before and hope never to hear again), are patronising. I’m not sure I agree, but it is a shorthand that can be unhelpful. Small companies differ from each other in myriad ways but retain some crucial similarities which separate them from large enterprises. It’s our belief that it’s comparably-sized businesses that are going to best understand those differences and similarities and provide the services that work for them and with them to the greatest effect.

Why should this be? Small businesses (for want of a better phrase) need flexibility and are in turn able to offer it – there’s none of this taking miles on end to turn the Queen Mary round. Small businesses are able to respond fast to the market, to the economy and to internal developments. Decision-makers and those with whom the buck stops are often on the spot every day. Business relationships can be personal, customers’ needs remembered and used to best effect. Our company values every single one of its customers no matter the amount of revenue they bring us or the proportion of their business hosting we supply. This is a huge benefit to a customer of using a smaller business.

Oh and one other benefit of using a small hosting service: Chinese hackers are unlikely to target us, we’re just not big enough or interesting enough to them. They’re welcome to try though, our defences put the Great Wall of China to shame.

Micro-credits and teeny tiny obstacles to business

Micro-credits are something we associate with third world micro-enterprises, but could they make a difference in the western world in this time of restricted lending?

Micro-credits, loans of under about £500, are not something I’ve ever needed to take advantage of, but they transform many many lives in poorer parts of the world with a lending infrastructure less accessible to the individual than our own. They have those beautiful qualities common to so many damn good ideas: simplicity, relatively low risk, and philanthropism. I’ve recently contributed my thoughts to this article on the HSBC Knowledge Centre site.

The large loan culture

We rub shoulders with small businesses and start-ups all the time and it’s so clear to us that financial obstacles can be so small as to be completely invisible to the official bodies set up, supposedly, to help them. At a talk I attended recently on the replacement of RDAs by LEPs, it was made fairly clear that small businesses may as well not exist for all the financial help there was available that was really genuinely designed with them in mind. A grant of a million pounds? Now you’re talking. £2000 to buy kit, get samples made or cover customs charges? Sorry, not worth getting out of bed for.

With banks unwilling to take risks, where does that leave the small business? Add in issues such as a bad credit rating or inexperience dealing with financial institutions, and the individual wanting to start a business can be left with few options.

Availability of micro-credits

Micro-credits are now available in the UK through several initiatives and projects, including through the Community Development Finance Association. With disadvantaged people the core market of this type of loan, flexibility with an individual approach and a people focus are, refreshingly, the norm.

The article ends with a comment of mine:

“Microcredit could take off in a big way in the UK, particularly in the current environment,” [Heather Donenville] concludes. “One person’s microloan is another person’s fortune – it can make all the difference.”

The Green Light for Business

The latest edition of The OpenSure Free Press, issued today, includes a new feature: The Green Bit. We’ve stopped hiding our green light under a bushel and are now happy to promote our green credentials. We cover this under the Green & Ethical section of our website, explaining our ethos and what right we have to claim green and ethical status.

We don’t need to list here the benefits to the planet of businesses run on green technology, but have you considered the benefits to your business of green hosting? Quite apart from the warm green glow of knowing how virtuous you’re being, the simple act of moving your hosting to a green platform hugely improves your green credentials. If you work in an industry typically viewed as a polluter or if you want to ‘give something back’ or are looking for a painless route to greenery, green hosting will give you something to shout about. We’ve recently introduced the green badge scheme, which will allow all our customers to display our green ‘Powered by OpenSure’ badge on their site:

To take advantage of this scheme, existing customer can visit this page and download the necessary. If you aren’t currently a customer but are interested in learning more, please get in touch.