Most people in the restaurant business know that their industry is a fairly risky one. According to an Ohio State University study, the majority of new restaurants won’t stay open for a year. In addition, about 80 per cent will close within five years, finds Business Insider research. On the other hand, some restaurant owners
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To win in 2017, UK businesses must prepare for uncertainty
by Ben Lobel • • 0 Comments
From the surprise Brexit result to Trump’s election as President, 2016 has been full of curveballs. For British businesses trading overseas, the impact on currency has been hard to miss. Next year, there could be more uncertainty to come, with further knock-on effects for the pound. This will bring both opportunities and risks – so
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Half of workers more likely to take a job if they could work from home
by Owen Gough • • 0 Comments
Two fifths of workers (42 per cent) would be more inclined to take a job if staff can work from home and one in five would be more willing to accept a job if napping was an option, new research has revealed. The survey, commissioned by online bed retailer Time4sleep, looked into the nation’s napping and
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Only a third of companies shred private documents
by Owen Gough • • 0 Comments
A study of more than 800 London-based businesses finds that almost two-thirds do not shred private documents before binning or recycling them, despite the fact the Information Commissioner’s Office (ICO) can fine business up to £500,000 for failing to comply with the Data Protection Act’s rules for confidential waste. The survey, commissioned by environmental waste clearance
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Why a sustainable business has to commit to strong values
by Ben Lobel • • 0 Comments
We are a technology company, but in reality the technology we design and manufacture is a means to an end. What we really want to do is put consumers in control of their energy usage at home. It must be the case for many technology developers that their primary reason for establishing a business, building
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Cashflow problems undermine four in ten small firms
by Owen Gough • • 0 Comments
Four in ten (38 per cent) small and medium-sized businesses have suffered cashflow problems over the past two years, according to new research by Amicus Commercial Finance. The figure rises to two-thirds (65 per cent) among medium-sized firms with between 50 and 250 staff. According to the study conducted among 500 small businesses owners, over the past
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The importance of January to a small business
by Ben Lobel • • 0 Comments
With 2017 quickly approaching, in offices up and down the UK you can already hear the resolutions starting to be made, and the cliché of new year, new you starting to take shape. These New Year resolutions seem to start well and with good intentions but almost inevitably fade away come February. But when it
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Work/life balance worries SME bosses more than finance
by Owen Gough • • 0 Comments
Work/life balance trumps profit & loss and client demands on small business bosses’ worry list, according to AXA PPP healthcare poll. Asked what keeps them awake at night, one in four (26 per cent) SME bosses say that they worry about the impact of work on their lives. Profit and loss concerns adversely affect one in
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Businesses warned to avoid delaying payments this Christmas
by Owen Gough • • 0 Comments
Businesses must plan in advance to avoid missing or delaying payments to staff and suppliers over the Christmas and New Year holidays, according to Bacs Payment Schemes Limited (Bacs). This year, Christmas Eve falls on a Saturday – a non-processing day – while both Christmas Day and Boxing Day are bank holidays. This year Tuesday
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What can we learn from the small business community?
by Ben Lobel • • 0 Comments
With 2016 beginning to wind to a close, small business owners up and down the country – and across all industries – will be reviewing their year. The last 12 months will have been full, in varying degrees, of growth, setbacks, success and surprises. Consequently, many of those business owners will be trying to predict
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