Jul 25 2010

The latest Big Mac index suggests the euro is still overvalued!

Ask western policymakers how they intend to squeeze growth from their sluggish economies and most pin their hopes on higher exports. That makes exchange rates an especially sensitive topic. A weaker currency improves the competitiveness of a country by making exports cheaper. It also encourages domestic consumers to switch from expensive imports to domestic goods. The [...]

Jul 18 2010

Lifestyle businesses are fine – you have permission to start one

I have never understood the antipathy and dislike that otherwise rational people have for lifestyle business. The heart of the issue is this question: what constitutes business success? I guess for some it’s size; others  have other measures. In an age of growing awareness of carbon footprint, in a time when the fastest growing businesses are [...]

Jul 5 2010

Incapacity claimant cheats to end; whoever they are..

The government has signalled its intention to intensify the assessment of incapacity benefit and encourage those who are fit for work back into employment. George Osborne said it was important to protect those with “genuine needs”, while cutting the welfare bill in order to reduce the budget deficit. Last year £12.5 billion was spent on [...]

Jul 4 2010

Find solid businesses in recession

What types of franchises traditionally are more solid during a recession? Let’s face it, the mere word “recession” strikes fear into many people, because it implies hardship, job loss, and therefore, loss of income. So, in times of recession, those without jobs, but with the economic means, will seek to replace routine employment with self-employment. [...]

Jun 30 2010

Business Link goes – thank god for that.

Mark Prisk said the network, subject to speculation about its future for several weeks, is to be shut down due to the amount of money spent on telling entrepreneurs where to get advice. “The regional Business Links have spent too much time signposting and not enough time actually advising,” the MP told Real Business. “We’re going [...]

Jun 29 2010

New Facebook group – Netbods

Check this new Facebook group- Netbods Netbods believes in the power of the Internet to inspire and stimulate, to make people think and act differently. It could used to be to shout messages, entertain, laugh, interact, brand and even make conversation.

Jun 21 2010

The Chasm

It is fairly common for people who are considering business or franchise ownership to look at a directory of business or franchises; magazine lists of “top” franchises and businesses.  Many in business are severely skeptical about these lists. I am one of them. Is that really a smart way to find a business or franchise that is [...]