Last year was tough for building contractor Alumet. Founder and MD Gary Summers was forced to make 30 redundacies, take the factory down to a four-day week and slash margins on projects across the board. But there was a silver lining: the cash-rich company claimed a wedge of revenue back for settling invoices on time.
Not the most pleasant start to the day. Didn’t sleep well and got up early, content in knowledge that could steal march on heavy week by using my remote log-in to work from home. Despite the assurances from "brilliant" new computer people, system didn’t work.
As the pound hits a five-month low against the euro today and the Bank of England warns of a prolonged fall in the value of sterling against other currencies, Robin McEwen of Foremost Currency Group says entrepreneurs could have protected their business against unfavourable fluctuations.
Ed Reeves, co-founder of outsourced reception specialist Moneypenny, has one big regret about the recession: he wishes he’d gone on a spending spree and bought floundering rivals.
Online radio startup Mixcloud went live to the public at 12pm today. Founders Nikhil Shah and Nico Perez have invented a radical new service to bring radio shows to the masses. Are you ready to join "Cloud Radio"?