In the sixth and final episode of season two’s Money Minutes podcast, Sharmadean had the opportunity to chat with Sarit Packer, chef, author and co-founder of restaurant business Honey & Co., about the process of keeping personal and business finances separate. Sarit’s business partner, Itamar Srulovich, is also her husband, and six months after opening their first business, their accountant made it clear that they would have to start separating their personal belongings, assets and cash from that of their business. It was also at this point that Sarit started considering the benefits of a business card. But what issues did Sarit and Itamar encounter prior to this, and was the personal-to-business cash transition an easy one? Sharmadean and Sarit discuss all. For more tips and advice on how to run a small business, visit: https://www.americanexpress.com/en-gb/business/trends-and-insights/ Host: Sharmadean Reid @sharmadeanreid Guest: Sarit Packer, Honey & Co Produced by Palm Tree Island - http://www.palmtreeisland.co.ukSee omnystudio.com/listener for privacy information.
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S2E5: Ingredients of a Successful Subscription Business Model
In our fifth episode, Sharmadean learns all about managing a subscription business with Alessandro Savelli, founder, MD and CEO of London-based Pasta Evangelists, who deliver restaurant quality pasta dishes and recipes on a subscription basis. Sharmadean and Alessandro dive into the finances of running a subscription business, including the challenges of starting a food subscription business prior to the market being highly saturated. They also discuss market research, surprising early costs associated with founding an enterprise, and the importance of scoping out a team that specialises in areas of business and finance that differ to your own. For more tips and advice on how to run a small business, visit: https://www.americanexpress.com/en-gb/business/trends-and-insights/ Host: Sharmadean Reid @sharmadeanreid Guest: Alessandro Savelli Pasta Evangelists Produced by Palm Tree Island - http://www.palmtreeisland.co.ukSee omnystudio.com/listener for privacy information.
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S2E4: Supply Chain Management
In our fourth episode, Sharmadean chats supply chain management with Bloom and Wild’s co-founder and CEO Aron Gelbard. When we were asked to stay at home at the start of 2020, Bloom and Wild, a premium flower delivery company, experienced unexpected growth which meant their sales increased, which had several implications for their supply chain logistics. In this episode, Sharmadean and Aron talk about the markets he sources his products from, the impact of the lockdown on his supply chain, dealing with rising cost of goods and energy, and how his company uses a bespoke proprietary algorithm to deal with supply chain forecasting. For more tips and advice on how to run a small business, visit: https://www.americanexpress.com/en-gb/business/trends-and-insights/ Host: Sharmadean Reid @sharmadeanreid Guest: Aron Gelbard @arongelbard Produced by Palm Tree Island - http://www.palmtreeisland.co.ukSee omnystudio.com/listener for privacy information.
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S2E3: Overcoming Challenges and Thriving
In this the third episode of our brand new series, we’re talking to Alex Depledge, MBE, founder of Resi, about overcoming challenges as a small or medium sized business and thriving in the face of uncertainty. Starting a business from the ground up is hard, and as your business scales - so do the financial challenges you face. That’s why we spoke with Alex Depledge of Resi, who knows a thing or two about overcoming business challenges. Starting her business with just £25,000, Alex talks about how firm that having little to no money makes you truly innovative. In this episode, Sharmadean and Alex talk about managing business finances as you scale, reserving cash for unexpected events or expenses and the current supply chain logistics climate. For more tips and advice on how to run a small business, visit: https://www.americanexpress.com/en-gb/business/trends-and-insights/ Host: Sharmadean Reid @sharmadeanreid Guest: Alex Depledge @alexdepledge Produced by Palm Tree Island - http://www.palmtreeisland.co.ukSee omnystudio.com/listener for privacy information.
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S2E2: Scaling Through Partnerships
In this episode, we’re discussing scaling a business through partnerships. As many entrepreneurs and founders know, a business depends on solid partnerships to thrive and, sometimes, survive. But how important are business collaborations, and where should you start? We hear from Victoria Prew of HURR, the circular fashion marketplace, to talk about her own journey with business partnerships. Named in Forbes’ ‘30 Under 30’, Victoria knows a thing or two about scaling a business from the ground up. Join her and Sharmadean as they discuss this vital topic. For more tips and advice on how to run a small business, visit: https://www.americanexpress.com/en-gb/business/trends-and-insights/ Host: Sharmadean Reid @sharmadeanreid Guest: Victoria Prew @victoriaprew Produced by Palm Tree Island - http://www.palmtreeisland.co.uk See omnystudio.com/listener for privacy information.
Business Class: Money Minutes is the bitesize podcast by American Express unpacking big money topics with host, founder and Entrepreneur, Sharmadean Reid. For the latest trends & insights to fuel your business strategy please visit https://www.americanexpress.com/en-gb/business/trends-and-insights/
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