
Business City UK Limited is a dynamic, efficient and professional service established to develop and empower new and small businesses by providing tailor made, experienced, impartial advice, support and training to help maximize company's chances of success, sustain them and prevent business failure and insolvency.
Its members are made up of highly educated and qualified individuals with vast experiences in business, banking, law, accounting, sales and marketing, management as well some who are successfully running their own businesses or working with Government establishments dealing with trades and industries.
The rationale for establishing Business City Uk Limited is to support the 50% of new and small businesses which statistics shows fail within their first 3years of trading. Most fail due to lack of skills, financial control, sales problems, lack of funds, overtrading, marketing issues, high cost of finance, red tape, having insolvent customers or developmental issues.
Business failure is not only common in new or small businesses but also common with already established businesses irrespective of size, length of time established or level of success, however, new and small business are more susceptible to bigger threats due to their lack of extra finance and resources enjoyed by bigger businesses.
It does not always result from own problems but may be due to knock-on effects from the actions made by other businesses associated with it.