Franchising is really quite simple: it involves a franchisor effectively selling a business idea, along with a number of supporting materials and resources, to someone else – aka the franchisee, who wants to run an identical business but in a different geographical area.
It’s Saturday night and you’re out to paint the town red, but at some point disaster strikes and you run out of cash. It’s safe to assume that the fun is probably over, and you end up calling it a night.
The number of small businesses in the UK is on the rise, with numbers reaching at least 4.5m. This growth didn’t just happen overnight, but over a five-year period, with an evident post-recession spike. The recession found many people redundant or jobless, leaving some no alternative than to become entrepreneurs.
One of the key decisions when you are starting your own business or becoming self-employed is to decide what type of business structure you want to follow.
December is a great month for retailers, but how can B2B businesses avoid the dreaded December drop-off?
Parents aren’t the only ones nervously checking their bank balance and bracing themselves for an expensive December.