An environmentally-friendly falafel business set up by a former accountant is aiming for £1 million in sales after its first year in business. Falafel City, based on the Finchley Road in North London, is the brainchild of husband and wife team Mitan and Kajal Sachdev. Mitan, a chartered account who spent more than five years at PwC...
Entrepreneurs are much more motivated by personal passion – and the chance to be their own boss – than by making money, new research released today from HSBC reveals. A UK-wide survey of entrepreneurs has found that 61 per cent said being their own boss was the primary motivation to start up a business, while pursuing a personal passion was the second...
Daventry-based Polymark, which manufactures heat transfer labels and badges, has undergone a management buy-out (MBO), with UK Managing Director Jim Clementson acquiring the business from Ian Elliott. HSBC’s Northants, Milton Keynes and North Beds Commercial Team supported the transaction via a £440,000 funding package, split between Sterling and Euros.
HSBC is inviting all ambitious small businesses and entrepreneurs, who want to learn how to access and secure funding, to a series of informational workshops being held across the UK. The Access to Finance workshops are designed for businesses with an annual turnover of up to £2 million...
Endura, Neptune and Joseph Joseph have been crowned the UK National Winners of HSBC Global Connections 2014, an HSBC initiative to find the country’s most innovative and forward-thinking businesses. The companies picked up their award at a prestigious ceremony held at Cameron House in Loch Lomond, Scotland.
UK companies are increasingly looking to emerging markets to secure growth in both the short and medium term, the latest HSBC Global Connections Trade Forecast has found. While UK exports are forecast to grow in the coming years, the current uncertainty in the Eurozone means that faster...
Leeds-headquartered rock-themed cocktail bar group MOJO has secured a £700,000 funding package from HSBC to support the company’s further growth. The company operates bars in Leeds, Manchester and Liverpool and plans to extend its network to a minimum of 10 bars over the next eight years.
A Surrey manufacturer specialising in disabled access goods has received praise from the UK trade minister Lord Livingston after boosting its exports with support from HSBC. Sesame Access, a family...
A decades-old bridal wear retail shop based in West Wickham is modernising and adding new global designers to its collections thanks to financial support drawn from HSBC’s £900 million SME fund for businesses in the South and East. Bromley Brides Limited, originally founded in 1986 but acquired by new owner Becky Griggs in April of this year...
A new Leeds children’s nursery is to create up to 40 new jobs following a £2 million renovation programme of an historic Grade II listed building, supported by HSBC’s West Yorkshire Commercial Centre. Tiny Tree Day Nursery opened its doors at the beginning of August, offering 163 places for children aged up to five.