There are no limitations on how anyone can become a great entrepreneur. To start something that might become the next big success, you don’t need a college degree, a lot of money in the bank, or even business experience. Europe is a context of enormous potential. There are so many reasons why starting up a business in Europe is a good step, from the opportunity to extend your business to new areas of the world to low corporate tax ties. Thanks to new entrepreneurial ideas, profits can be made in Europe.
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Today’s construction industry is fluid in the sense that there are countless opportunities to grow your construction business quickly if you land the right job. On the other hand, this fluidity can spell the end for other entrepreneurs who either struggle to break even or have gone bankrupt.
[continue reading…]An international study conducted by Unilever has revealed that a third of consumers now favour brands which they feel are doing social or environmental good. Investing in companies who demonstrate an unwavering effort to ‘go green’ has become a key priority for possible clients, making this a crucial consideration for every business.
[continue reading…]Strategic planning is a crucial process that often gets overlooked in small businesses, due to a lack of understanding about the process, and a lack of resources available to dedicate to planning. However, a strategic plan can be the difference between staying afloat and being a true success.
With rising electricity costs and a significant decrease in the cost of solar systems, solar power has become an extremely cost-effective energy alternative for many businesses. Whatever industry you’re in, solar power could potentially lower your energy costs and give you a competitive advantage, by showing your commitment to supporting sustainable energy practices.
More often than not, the idea of starting a business seems way too complex and frightening. Most believe they wouldn’t be able to handle the challenges or have no idea what awaits them. And so, they decide not to pursue an idea or a dream and quit before they even start.
A business needs to increase its customers in order to grow. One of the most obvious ways to do this is through advertising. But advertising comes at a cost and doesn’t always guarantee results. With that risk in mind, is there such a thing as free advertising and can you use it to grow your business?
With all the difficulties of setting up a business in the first place and with how saturated the market is, you’re certainly busy as a business owner. But you can’t be too busy to think about the future, set up a plan for your business, and figure out how to grow your business this year.
Unless you’ve been hiding under a rock, you’ve probably heard about cryptocurrencies. The meteoric (and overinflated) rise of Bitcoin has firmly planted the disruptive technology in the minds of everyday consumers. And as a result, many companies looking to raise money for their business have probably asked themselves whether they should be running an ‘Initial Coin Offering’, or ICO for short.
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It can be a real challenge for start-ups to become legitimate businesses, or at least look the part. There’s a certain image that must be attained in order to be taken seriously, and that usually takes time. But there are short-cuts you can take so that your small business can create the big business image you are aspiring to. You just need to know what steps to take, where to spend money, and where to invest your time and efforts and you will see what a difference that can make.
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In the latest study conducted by the Federation of Small Businesses (FSB), it was found that if small businesses were supported by bigger businesses then they could grow their business through innovative techniques. Innovation is the key to the success and the growth of the business. If innovation is fed through the supply chain, this could significantly help small businesses succeed.
Opening a restaurant may be a dream – but far too many of them don’t survive long enough to make the dream a reality. According to The Guardian, the number of restaurants closing is up by 20% in 2017. The news is full of ‘restaurant chains in trouble’ stories. However, alongside the demise of the chain, we are seeing the rise of the independent; and the success of Stem + Glory is certainly a testament to that.
Global business has never been simpler, but customer expectations have never been higher. SMEs need to do more to compete on the international stage. Advances in business tech has led to a huge surge in SMEs and start-ups over the last four years. Whether you are a tech startup, a new crowdfunded project or just set up your first Etsy store, selling to the world has never been easier.
One of the least favourite things for every business is moving. You have to get your furniture, documents, and everything else into an entirely new location. This can be a hassle. However, what most businesses won’t consider, but should, is a storage unit. A storage unit can really make the whole process a lot easier to deal with.
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When it comes to running a business, you should always be striving to grow and improve, and there will normally come a point when your business is ready to expand. This will usually occur when your business has been up and running for some time and you are making a steady increase in the business profits. At this point in your business venture you will need to look ahead and shift your focus on expanding your business. A profitable business should not remain stagnant as this can cause problems and can even lead to failure, therefore always strive to do more and expand your horizons.
