Tag: small business
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Support networks and facilities for innovation and R&D
Business success is often driven by innovation. In the UK a wide range of initiatives are available to help small businesses make the most of their research and development programmes. Schemes and networks supported by the government offer businesses access to expert advice from specialist organisations as well as other businesses. These include Chambers of…
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Work with UK universities and colleges
The commercial exploitation of new ideas is vital to the survival and prosperity of British businesses. If you can get new products to the market faster than your rivals, you will become more competitive. Academic research can often help businesses develop new ideas or enhance existing ones. One way that businesses can develop new ideas…
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Outsourcing
Outsourcing is when you contract out a business function – a particular task, role or process – to a third party over a substantial period of time. This third-party organisation takes control of the function and becomes responsible for its success. Outsourcing may save you money, help you be more flexible and manage growth effectively.…