Whether you have a small business or are in the process of starting up then one must-have is ensuring you accept card payments – be it chip and pin or contactless like the ones you can find at Card Cutters, for operations in-house or online.
This efficient and easy to use system will not only increase your sales but also help your business grow and develop which is always good news in this time of economic instability. It isn’t only just your profits you will see improve but also your reputation as a retailer, so what exactly are the advantages you will find?…
The road to business success is paved with pitfalls, whether these are external economic factors or internal issues that lurk within your venture. Either way, it is important that you remain proactive as a business owner, and take adequate steps towards insuring your venture and protecting the financial investment that has launched it. Even as the British economy continues to grow, there is no guarantee of long-term prosperity and individual success often comes down to planning and preparation.
3 Reasons why you should invest in Comprehensive Insurance Coverage
While this may work in theory, however, what are the practical benefits of insuring every possible aspect of your business venture?…
Starting a business can be tough, especially if you enter a competitive market space such as retail. This is especially difficult in the existing market, as retail sales came in lower than expected during July against the back-drop of rising three-monthly borrowing figures. Sales rose by just 0.1% between June and July, for example, and while this is higher than the corresponding figures from last year it still fell short of the projected 0.4% month-on-month growth.
Retail Start-up: How a Temporary Location can boost your Chances of success
Given the challenging nature retail, it may be worth testing your proposed business model and venture in a simulated environment.…
In many ways, the existing economic climate in the UK is particularly empowering for small or aspiring business owners. Even though the validity of growth in the housing market and construction sector has been questioned by some, most data sets point to genuine growth and long-term promise for businesses nationwide.
Even good news such as this must to be treated with caution, however, as economic growth can never be guaranteed over a prolonged period of time. If you are launching a start-up firm or enjoying your first year of trading, it is therefore crucial that you protect your venture with adequate insurance coverage.…
In 2014, keeping costs low and profits high can often seem at odds with our companies’ need to be green. Despite this unfortunate reality, there are plenty of ways to increase the profitability of your business without causing any damage to the environment. In fact, if you’re smart about it, you can make your office a greener place to by and all the while increase your profits. In other words, although it might not seem like it at first, economic growth of your business and implementation of green ideas go hand in hand.…
Thinking of setting up a business selling used sheet metal machinery? In many ways, it’s a bankable investment. Contraptions such as bending rollers, press brakes, guillotines or folders are far from cheap. However they’re also a necessary commodity for many factories and areas of industry. So by providing used machines to these outlets via a company such as Clarence Jones, you could stand to make a decent profit, provided of course you play your cards right. Here are two essentials to consider before setting up business.…
While the concept of corporate social responsibility (CSR) has been fully embraced by large businesses and international corporations, it’s only in recent years that it has begun to influence the thoughts of small and medium sized enterprises in the mainstream. This is most likely to due to the perceived cost of implementing CSR measures and the assumed lack of tangible return it provides, but this outlook is finally starting to change in the wake of new data and reports.
Take the fact that 70% of surveyed marketing professionals claimed that CSR was one of their key considerations when choosing a new job role, for example, which suggests that effective CSR strategies can benefit various aspects of small businesses.…
Our outlook on life is often dictated by perception, rather than specific facts or logical thinking. While some may suggest that this it is healthy to act on instinct, however, it may be detrimental to your decision making over time and could ultimately impact negatively on your life.
This was reflected by an article in This is Money recently, which claimed that 82% of small business owners believe that their venture is too small to be targeted by cyber thieves. This is completely inaccurate, however, and it is a misconception that could cost businesses thousands of pounds.…
Property rental is one of those business types that can grow very rapidly, as you buy and rent out more homes to tenants. With rent prices at a very strong level at the moment, it’s not too difficult to be earning a lot more each month than is going out, making this a very successful business proposition if you’ve got the money and credit to get started. Things can still go wrong however, and when they do, you’ll want to make sure that you’ve got the backing you need.…
While it is no secret that the UK economy has experienced huge growth in the last eighteen months, the extent of this expansion will surprise many. Most recently, it was reported that the British economy will grow faster in 2014 than any other G7 nation, while low wage rises will also drive interest rates down until the formative part of 2015 at least.
According to statistics, British GDP growth will hit 3.1% during the third and fourth financial quarters of 2014, as a result of strong capital investment.…
