About

Nick was the Managing Editor for growthbusiness.co.uk when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary Communications at The Association of Investment Companies (AIC).

Company Flotations

Proactis makes its mark

Software supplier Proactis, which develops specialist spend management solutions for businesses and public sector organisations and counts the likes of HMV and the NSPCC amongst its client base, has floated on AIM having completed a £4 million fundraising, at 43p, arranged by broker Teather and Greenwood.

Financial Management

Q&A: Company car tax operating a LLP

What is the company car tax situation where we operate a LLP? Is this the same as a partnership ie no company car tax? Or is it like a limited company where car tax is payable. Maybe it's different again? Please advise. How does using credit charges on invoices work?

Venture Capital Funding

Q&A: Dealing with VCs

My business is now at the stage where I am ready to bring in outside investment to finance further expansion.

News

ImmuPharma plots reversal

Drug developer ImmuPharma, which is focusing its efforts on converting small peptides into clinically viable compounds, hopes to launch on AIM on Friday – after raising £2.2 million from investors with the aid of broker KBC Peel Hunt.

Entrepreneurs

Paramount for success?

Paramount 21 is a labour of love for its chairman, Alison Hannaford. Not only does her passion for food underpin her considerable enthusiasm for the business, but there is also an deep-seated emotional involvement.

News

Directors’ salaries on AIM

Recent months may have seen a flurry of new investment concerns with no trading businesses of their own arrive on the market, yet AIM companies continued to pay their chief executives an average of £137,000 last year, according to new research from Growth Business’ sister publication Growth Company Investor.

News

Mind your mobile manners

Mobile phones and PDAs are fast becoming the bane of British businesses, with almost two-thirds of workers complaining of poor mobile habits amongst their co-workers, or so latest research from polling organisation YouGov suggests.

Human Resources

Getting the most out of Staff Appraisals

The key to staff appraisal meetings is that there should be no surprises. For instance, if an employee tells a manager that the six months since the last review have gone really badly, it should not be the first they've heard of it.

Financial Management

Q&A: Opening a US dollar bank account

I was wondering how I would go about opening up a bank account in American dollars that would let me write US dollar cheques and deposit cheques in that currency? We have a UK operating address but a lot of American customers.

Growth Planning

Taking the hard road to China

Instinct told Doug Currie that expanding into China was the next logical step for Genesis Forwarding Services, the business he co-founded in 1986.

News

AIM’s best advisers

For companies eyeing flotation, perhaps the greatest headache is securing a team of advisers to guide you through the IPO process. Fortunately, the level of expertise available remains reassuringly high, as this year’s Growth Company Awards prove.

Exit Strategies

Successful exit strategies

While over 50 per cent of owners believe that management is the single most difficult issue to address when selling their business, over 33 per cent have no succession strategy in place. GrowthBusiness reveals the results of Business XL's unique exit survey.