Category Archives: Business Basic

Starting a Business and Getting the Work Life Balance Right

For so many people, setting up a business of your own is a dream to aspire to. Many have done it and gone on to run extremely successful businesses, whereas others have done it and not be as successful and have had to close their business. Of course, opening a business of your own is a bit of a risk and for this reason many people may not feel they are in a position to be able to take it – if they have many…

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What are the Benefits of 5G?

It’s no secret that the mobile phone industry is going through a tonne of changes and one of the biggest of them is the arrival of what is known as “5G.” What are the benefits of 5G? Are there really any advantages at all to going from a standard phone plan to one that utilizes something called “5G” technology? In order to understand whether or not you should jump ship and go with a new mobile phone provider, it’s important to first understand exactly what…

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How to Find a Unique Niche For a Food Business

Food business opportunities are a dime a dozen. How to find a unique niche for a food business is a question more new food entrepreneurs are asking themselves, as they seek to break into this fast paced industry. The more unique your food franchise is the more successful it will be. And with all the competition out there today, you need every advantage possible to ensure you make the most of your business and keep customers coming back. It’s easy to get lost in the…

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Brexit reduces UK productivity by between two and five per cent

According to research from the Bank of England (BoE), a direct causal link between Brexit and the reduction in UK productivity of somewhere between two and five per cent has been found. Image Credit BoE report The research, which took into account the responses of over 6,000 UK businesses, found an average reduction in capital spending of 11 per cent. The BoE staff paper was funded by the UK government and carried out in collaboration with Nottingham and Stanford universities. Although the survey is technically…

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Look Before You Leap: 5 Things to Consider Before Investing in a Franchise

If there’s one thing that virtually all of us have in common, it’s the fact that we’re constantly looking for ways to make more money. Well, one way that you can do that is by investing, and one kind of investment that has proven to be successful for many individuals is buying a franchise. That’s because many franchises already have a proven track record of being profitable, a solid brand and a lot of the support that franchisees need in order for their franchise to…

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