How to finance a bed and breakfast business

How to finance a bed and breakfast

Owning a bed and breakfast is a dream for many. It can be a rewarding way of gaining financial freedom, you get to meet travellers from all over the world, and after putting in some initial work, a B&B can eventually run smoothly with little effort on your part. In addition, it gives you the […]

How to finance a franchise with no money

How to finance a franchise with no money

Owning a franchise is a goal for many aspiring business people and entrepreneurs. By opening a franchise, you get access to an already successful business model, a business plan that you can always refer to, and an enthusiastic client base ready and waiting to support you as you open your doors.   But what puts many […]

How is technology affecting the growth of international business

How is technology affecting the growth of international business

In the past decade, technology has grown exponentially and has affected our everyday way of life and impacted almost every industry, including international business. Technology is ultimately what makes thriving international trade and businesses possible, and without technology, international business would be slow, tedious and time-consuming. Technology is no longer reserved for specific countries or […]

Best ways for small businesses to advertise locally

Best ways to advertise locally

Do you have a small business and are looking to attract customers in your local area? Businesses such as restaurants, cafes, hairdressers and shop fronts usually have a predominantly local client base and should therefore focus on localised advertising. Effective local advertising can help you target your ideal customers and will get you better known […]

What is a consumer finance company account? Everything you need to know

What is a consumer finance company account

“Consumer finance” is a broad term for any arrangement where a customer is loaned money so that they can make a purchase. This loan may be to purchase a car, furniture, a holiday, or just to pay utility bills, but it enables that customer to pay for something gradually that they can’t afford to pay […]

What does a sales and marketing department do?

What does the sales and marketing department do?

In order for businesses to run efficiently, different departments are responsible for various tasks, goals, and outcomes. When it comes to small businesses, the sales and marketing teams are often merged into one department with one manager. At the same time, larger companies usually have separate sales and marketing teams that usually work closely alongside […]

What can a compliance consultant do for your business?

What can a compliance consultant do for your business?

Compliance consultants are arguably the most important type of consultant, especially when your business experiences any form of rapid growth. This is because a compliance consultant ensures that your business is sticking to all the relevant regulations and is operating completely legally. In the UK, we have numerous laws and regulations surrounding business operations, and […]

What is the difference between a sales manager and a marketing manager?

What is the difference between a sales manager and a marketing manager?

Sales managers and marketing managers are both responsible for managing and organising their respective divisions within a company. While sales managers and marketing managers may work closely together to achieve certain goals and objectives, their roles and responsibilities have defined differences. As an employer, you should ensure that the right tasks are going to the […]

What is the role of efficient markets in finance?

What is the role of efficient markets in finance?

Have you heard of the terms efficient market hypothesis and informationally efficient markets? You cannot fully understand finance without understanding the role that efficient markets play. As an investor, trader, or business person, it would be advantageous for you to gain knowledge about these particular concepts as they are becoming more and more relevant in […]

How can a sole trader raise finance?

How can a sole trader raise finance?

As a sole trader, you more than likely need to raise some sort of capital to help get your business off the ground, purchase the necessary assets, and have sufficient working capital so that business payments can be made on time. At the end of the day, starting up a business as a sole trader […]

How creativity, innovation, and entrepreneurship are related

How creativity, innovation, and entrepreneurship are related

Over the years, entrepreneurs have become more and more associated with creativity. So much so that when you meet an entrepreneur (especially a successful one), you automatically assume that they must have some creative and innovative qualities. But why is this assumption and association made? Well, one of the most important requirements of a successful […]

Why governments intervene in international trade

Why governments intervene in international trade

Free trade among different countries offers many benefits in terms of business opportunities for the individual, building international relations, as well as economic growth for entire economies. So why would governments intervene by creating barriers, tariffs, and other obstructions to international trade? This is a topic that has many nuances and differs greatly from country […]