Husband and wife left the retired life behind to give themselves a challenge again, so they set up a business. Scrumpies of Mayfair, was a project that breathed life into their retirement for the couple, who had left an international law firm behind. Here, Vicki gives the story behind her and her husbands journey or retirement and entrepreneurship.
Outsourcing is a vital part of the contemporary business model – more and more serious companies are turning to hiring remote workers each day. Whether you’re in need of a temporary employee, or you’re looking for serious talent to add to your team permanently, remote employment is the way to go.
It may seem extremely difficult and hard to run a seasonal business, however if managed carefully then it can be a success. Seasonal fluctuations can create a problem for all businesses, however seasonal businesses embrace these fluctuations and develop skills and strategies in order to thrive.
One of the most controversial topics regarding the success in the business world is the one of the so-called ‘gut feeling’. While it is true that a lot of people made a fortune following their intuition, there is a lot of debate on what this gut-feeling really is. The closest thing to an explanation would be to say that the gut-feeling is an ability to match a current situation with a similar successful or unsuccessful scenario from your past. In other words, instead of relying on luck or some mystical force, you are subconsciously analysing the current situation and making decisions based on it.
So you’re starting a new business? What a crazy thing! I mean, you’re up against established brands, multi-million pound budgets, vast resources and a retail and supply network that’s well entrenched. What makes you think you can succeed? Rafael Rozenson, the CEO & Founder of Vieve (a protein water brand), answers all these questions from personal experience and gives his top five tips to compete with the big companies.
Starting up can be a very expensive endeavour and you need to keep costs low so you don’t overspend. This will decide the survival of your business so ensuring that you are cutting costs where possible and just keeping costs low in general will ensure the business is kept afloat. In this article you will be given manageable tips to make sure that you are spending on necessities rather than extra luxuries (unless you can really afford them).