May 25, 2018

Scale up training: creating stars or sustainable business?

This article first appeared in BQLive on Wednesday 14 February, 2018. According to the UK government, people, not products are the key to scaling businesses. They refer to a report by Innovate UK last year in which personality, communication and resilience of leaders are cited as the key factors investors consider when considering funding scale-up […]

How do you account for a new idea in external financial statements? (part 3)

In the first two blogs in this series, using the example of an entrepreneur’s expenditure on building a prototype and applying for a patent, I discussed firstly the issue of distinguishing capital from revenue expenditure and secondly whether, if it was capital expenditure, it was tangible or intangible and how to include the expenditure in […]

How do you account for a new idea in external financial statements (part 2)

Tangible or intangible asset – does it matter? In the first blog in this series, I discussed the issue of distinguishing capital from revenue expenditure in a set of accounts when accounting for an entrepreneur’s idea. Now I am going into a bit more detail at what the entrepreneur has actually spent his money on […]

Greggs: Everyday Tastes Good

My name is Charlie Bingham and I started the full-time MBA at Heriot-Watt University in September 2017. Over the past 19 years since graduating in Business Studies and French, I have lived and worked in the UK, Brussels, Belgium and most recently Houston, Texas. Most of my roles have been at a General Management level […]

How do you account for a new idea in external financial statements? (part 1)

The answer to this is perhaps not as easy as one might imagine… Entrepreneurship can be described as a process by which an individual (or a team): identifies a business opportunity acquires and deploys the necessary resources to exploit it manages the associated risks with the ultimate aim of making a profit. If, for example, […]

Why teach entrepreneurship?

It’s an old question: “can you teach entrepreneurship?” Many people believe that entrepreneurship just happens – people are either entrepreneurs or they are not. As a consequence, what’s the point in teaching it? Certainly, there’s plenty of evidence that entrepreneurship happens in the absence of formal education. Look at Richard Branson of Virgin or Steve […]

Is entrepreneurship your cup of TEA?

Entrepreneurship is a key driver of the global economy and the World Economic Forum (WEF) says fostering entrepreneurship pays dividends across all the sectors, allowing new ideas, models and energy to disrupt what goes before it. New research from WEF breaks entrepreneurial activity down into two distinct areas. The first is total early-stage entrepreneurial activity […]