Great British Business
Britain's Victorian heritage kick started global industrialisation, driven by the creativity and entrepreneurial spirit of individuals who defined and adopted technology to develop businesses. It has always been the individual who leads this process and big businesses were all once small. Today the creativity and entrepreneurial spirit of Britain is as alive as ever. Interactive Investor, with its rich heritage in heralding British companies and innovation, has formed a partnership with HM Government and the Department of Business Innovation and Skills to throw a spotlight on the very best in small to medium enterprise British business.
We have pooled our huge collective knowledge of British businesses and what makes them successful and together we have created Great British Business - a website to celebrate the very best of British innovation and enterprise. Great British Business will blend editorial features on highly innovative companies, both privately owned and publicly listed, with case studies and benchmark examples of best practice for the British SME.
A true resource for both investor and business practitioner, Great British Business, over the next six months, will highlight some of the real up and coming businesses that are the lifeblood of the British economy. Every month we will focus on 10 companies or so from a different sector. The glue binding these companies together being their recipe for long term success. Great British Business indeed.
Great British Business highlights the businesses themselves and how they are developing and through use of insights and partner content provides tips and tactics from supporters of business and successful entrepreneurs to highlight what can be achieved. The wealth of assistance available to business in modern Britain from the Government is explained and through case studies we show how businesses can accelerate growth.
Manufacturing is one of the key sectors in Government’s industrial strategy, the cross-government long term partnership programme that sees government departments and businesses working together to increase global competitiveness, support innovation and maximise export potential.
Rt Hon Dr Vince Cable
MP, Secretary of State for Business, Innovation & Skills and President of the Board of Trade
The Rt Hon Matthew Hancock MP
Minister of State for Business and Enterprise
Small businesses offer investors a fantastic opportunity to back UK companies as they grow into the ARM's and Renishaw's of tomorrow. We continue to champion the cause of the thousands of hugely exciting, fast-growing companies listed on the London Stock Exchange, and follow with great interest the fortunes of those that are not.
Editor, Interactive Investor
Editor-in-chief, Business is GREAT
Introduction to UK smaller companies
Investing in smaller companies focuses on those with relatively low market capitalisations, typically those companies contained within the FTSE Small Cap, FTSE Fledgling, FTSE AIM or Numis Smaller Companies indices. Generally, smaller companies can be heading in two directions - they may be newer, fast growing companies, or they may be yesterday's fallen angels. In both cases, the risks are likely to be greater than with a larger and more established company.
Companies in this part of the market will tend to attract less coverage by stockbrokers and analysts, meaning that there is - theoretically at least - more mispricing for skilled investors to exploit. However, it also means that smaller companies require greater independent research than larger companies. The rewards can be significant if an investment manager picks the right companies, but smaller companies are also more likely to go bust, leaving shareholders with nothing.
In general, smaller companies may find it easier to succeed at times of economic expansion, when it is easier to grow revenues and funding is more readily available. Smaller companies managers may prioritise different types of company when investing - such as technology, or high growth, or dividend-paying. For those willing to take greater risks with their capital, venture capital and private equity trusts can also be an option.