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Category: Blog posts

NEWHAM BUSINESS OF THE YEAR AWARDS

Newham Chamber of Commerce is looking for SMME’s based in the London Borough of Newham to enter the annual Newham Business of the year awards. This year there are 12 exciting categories that you can put yourself or your business forward for. If you’re a Building Legacies client, call the office today where your dedicated Business Growth Manager will be…
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Wednesday Insight: customer and client retention

Whatever stage of development your business has reached, it is essential to ensure you are doing all you can to retain your existing customers and clients. Retention is one of the simplest and most effective means of growing a business – research from Bain & Company has showed that retaining existing clients can be up…
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This Week In Business

This week kicked off with a positive start for small businesses in the retail sector. Recent figures from the Confederation of British Industry (CBI) showed that retail sales nationally grew in the months leading up to July. 48 per cent of retailers surveyed said that sales volumes were up in July compared to a year…
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Building Legacies event welcomes Sir Robin Wales and East London SMMEs

On Tuesday the 25th July, Building Legacies hosted its Summer Networking Event, the latest in our quarterly networking events which attract small businesses from across East London. We welcomed more than seventy small, medium and micro enterprises (SMMEs) in sectors ranging from consulting to carpentry and media production to marketing, meeting at the Good Hotel…
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This Week in Business

Recent figures indicate that small businesses who have seen their sales take a tumble recently could breathe a sigh of relief – at least for the time being. Inflation in the UK unexpectedly fell last month, resulting in households having more cash to spare and more money to spend on goods and services. However, despite…
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Wednesday Insight: growing your business network

The best way to expose your business to more of the kinds of opportunities that are useful to you is to work to increase your networks- both personal and that of your business. Ahead of our Summer Networking Event next week, in this article we explain the importance of growing your network of business contacts,…
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East London SMMEs hear from Newham Council and Building Legacies on winning care contracts

Small businesses across east London benefited from an event on bidding for Health and Social Care contracts hosted jointly by Newham Council and East London Business Place (ELBP) on Tuesday 20th June, at the Old Town Hall in Stratford, E15. The event, which was attended by over 50 providers, brought together local businesses, social enterprises…
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This Week In Business

Despite the looming challenges facing business, particularly in terms of exposure to international opportunities, the UK’s small, medium and micro enterprises (SMMEs) seem to be resilient. Business owners’ perception of risk facing their own business has fallen by 15 per cent compared with the last financial quarter. However, rising prices in the wake of the Brexit…
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Wednesday Insight: spotlight on the marketing sector

The UK’s advertising and marketing industry is one of the largest and most lucrative in the world, employing half a million people, many of which are based in small, medium and micro enterprises. In this blog, we look at the challenges facing SMMEs in the sector and how they can adapt to them. Key figures…
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This Week In Business

The outlook for UK businesses has been gloomy in recent months, according to the Bank of England. The continued trend of low wage growth was this week branded a “return to pre-industrial Britain” by Andy Haldane, the Chief Economist of the UK’s central bank. This is hitting productivity hard: although productivity in OECD countries has been…
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