Community Businesses and the Poverty Trap

We are familiar with idea of the working poor as individuals and being stuck in a poverty trap of poor education and reduced opportunities. We are also familiar with the idea that the lives of families in the working poor are fragile houses of cards and if, for example, one carefully constructed set of child Read the full article…

Success Guide to Lettings

It’s not always easy for community businesses to get their hands on the kind of detailed financial data that helps build a business case, and get an important local service up and running. Unlike businesses in the private sector, local groups often only have minimal access to information, advice and inaccurate financial data on income generation to support their planning and goal setting. Read the full article…

Why benchmarking is good for you

It’s all very well knowing that turnover is vanity and profit is sanity (and of course, that Cash is King), but how do you evaluate whether the profit that you are successfully making – assuming that you are breaking even and making that holy grail of profit on a monthly basis – is as much Read the full article…

Are you sweating your assets?

Asset Management Guide Culture Hive

One of the truisms about comedy around, well, almost anything really is that it must be based in fact.  Buzzwords, and phrases that use them – like sweating your assets – really do come from a place of business sense;  and not just the sensible play of buzzword-bingo in the hour-too-long management meeting after lunch on Read the full article…

GDPR Week at MyCake

At MyCake we take data seriously. In fact it’s our core business, and so the General Dataprotection Regulations (#gdpr) which come into force on 25th May are something we’re really interested in. And thought you might be too. There’s lots of information out there, but because it’s about data, it’s going to be a bit, Read the full article…

Be nice to your space!

Community Guide to Room Hire;  Power to Change / MyCake

Have you got space in your community centre?   Do you use it all?  Or is there a room at the back, maybe a little damp (’cause you don’t keep the heater on) that’s sitting there, lonely, with no one to play in it? Just a little sad round the edges, and slighly neglected with perhaps Read the full article…

Where are you with managing your money? Our survey says…

Back in the autumn we circulated a small survey to a number of community businesses to find out how they managed their money – in some cases, literally.   Our results are quite interesting from the small data cohort we used: Managing and keeping track of money is one of those things that we all MEAN Read the full article…

Tax Return – how to avoid the January panic

Tax Return

Should the 31st October deadline for paper tax returns be the mental deadline for all of us? So the deadline for paper filing of tax returns is looming on the 31st October, but some people argue that this should be your deadline even if you complete your tax return online. Why? In part to avoid Read the full article…

Benchmark Bulletin 8 – latest look at creative-business-finances

Benchmark-bulletin-8

In this our 8th bulletin we’ve decided to look at how the profile of your business model changes as the business grows. As ever the data is drawn from our users so it’s real creatives with real businesses that drive both the data and what we do. This bulletin should help you ask questions about Read the full article…

Yes or no to exhibiting at a fair?

With the art fair season coming up soon in London, and new fairs and opportunities coming up all the time for designers, artists, applied artists and all small businesses, how do you decide whether to exhibit at a fair or trade show, and which one to do? Reasons to exhibit at a fair: To make Read the full article…