In recent months, it has been impossible to watch the news without hearing about the privatisation of Royal Mail. Indeed, such was the interest and demand for shares in the company – private investors were limited to a maximum of a £750 investment. But the fact that up to 150,000 Royal Mail employees were to be given a direct stake in the business themselves, was largely overshadowed.
Some of the most famous entrepreneurs to date started their companies while at university. This just comes to show that you don't need a degree to be an entrepreneur. Here are five world-famous businesses that started on campus.
Understand their life-span and incentives can be incredibly powerful. Get them wrong, and they can be painfully destructive, argues Tomasz Obloj, professor of strategy at HEC Paris.
Christmas, a time for giving. And for many, ‘giving’ means trudging round packed shopping centres mid-December; narrowly avoiding being whacked by protruding rolls of wrapping paper and constantly dodging out of the path of frantic, Santa-crazed children. The number of shoppers opting to use their ‘digital wallet’ could see all of this change…
Thomson Reuters recently published the results of its annual beauty parade of the Top 100 Global Innovative companies – and not one of them was British. The US topped the table, taking 45 top spots, Japan was next with 28 places and France led Europe with 12 top companies.
Crushing female talent is remarkably achievable and frighteningly common. The best way to achieve it is to make some simple assumptions. For example, women put their family first and men don’t; women want regular hours; women won’t return to work after having a child; if they do return, they will need to fit the job around the baby; ambition will die at the age of 30; it is impossible to combine a successful career with running a home and family.
A survey of more than 1,000 UK 13-17 year olds points to a future workforce that is ‘digital first’ in everything it does, and whose digital talents could bring significant economic value to the UK.
Three quarters of small businesses are unhappy with traditional lenders and more than half (51 per cent) think they aren't interested in their business, according to new research.
In the past few weeks there have been a number of business surveys suggesting that confidence is returning to UK businesses. After a period of reduced demand, cost-cutting and strict cashflow management, many businesses have experienced an increase in their order book and increased sales. If you are a small business, perhaps been trading long enough to become established, how should you respond to an apparent increase in demand for your products or services?
Talent is one of the most important parts of any business. If you surround yourself with a talented team, then you have a great business no matter what industry you're in. But the work and attention that's put into recruiting individuals is often a secondary aspect.
Planning ahead for retirement is an important – and often difficult – consideration for small business owners. Although a wide range of retirement options exist, their availability varies greatly based on the owner’s future plans for the business, how much time they have before they retire and what arrangements they have made for succession planning. It is important for SMEs to consider each of these factors individually with their advisers before deciding on a retirement strategy.