Businesses are yet to feel the effect of the lending boom.
Although UK mortgage lending during April was 36 per cent higher than a year previous, net lending to companies has fallen for almost seven consecutive years.
Effective recalls must run like a well-oiled machine. Every aspect needs to be coordinated and documented, while communications have to be well targeted. Correspondence between disparate partners creating and selling the faulty product and the affected consumers purchasing the product must be made swiftly. Each individual concern of those affected has to be answered with an authoritative response. In addition, every detail must be documented carefully to prove due diligence to regulators.
The modern workforce is ready and mobilised. So what’s next? Corporate apps will drive the next phase in the evolution of enterprise mobility, according to Ovum. The prediction comes as businesses recognise the power of corporate apps to create new ways of working, and transform existing business processes.
It’s not easy to second guess exactly why someone wants to invest in your company but you can usually take more than a fair stab at guessing – they love your product/service, they think you’ll be great at the helm or they are convinced there is a gap in the market for your proposition etc. There are a few reasons that come up time and time again though and here’s what they are.
From the laptop to the laws of gravity, British ingenuity has shaped our world and we have a strong history of championing new ideas, innovations and inventions. Britain’s capacity to excel in research and development has continued to be at the heart of our economic growth and today we are still one of the world’s leading innovators. As we slowly start to climb out of recession, growth prospects remain at the mercy of continued budget constraints combined with a growing IT skills shortage. Thinking about our legacy as a powerhouse of discovery and invention, it is clear to me that the only way that we can get out of today’s economic malaise is by continuing to invest in sustainable innovation. However where IT is concerned, I think that’s easier said than done.
Exhibiting at an industry trade show can be an excellent way of launching a new product or service, helping you gain sales and forge new strategic connections. In fact, research by Exhibit Surveys found that 84% of exhibition attendees have the ability to influence buying decisions, and more than 50% make a purchase as a result of attending a show.
Excited about your new product or service and desperate to get investment so you can get started? Great! But perhaps you’re not quite sure how to go about obtaining that funding?
Moving core applications and data to the cloud is compelling on many levels – not least anytime, anywhere access to information and services. The flaw in this plan, however, is when ‘anytime, anywhere’ delivery is impacted due to a network outage resulting in the office, shop, factory or wherever staff are located being ‘off-line’.
Managed to secure an interview with an angel investor? Great stuff. But that’s only half the battle to getting the finances you need to get your business ball rolling. Now you have to impress the individual and prove to him or her exactly why they should invest their cash in your new product or service. So how exactly do you go about doing that?
It might surprise you to learn that one in every ten homes in the UK houses a business, with over 70% of new businesses in the UK now starting up at home. A recent study* by AXA Business Insurance and Enterprise Nation has revealed that people starting businesses from home are the new force in today’s economy.
To build a successful business, having a clear mission and specific goals is vital. The best way to do this is to write a thorough business plan setting out how exactly you’re going to turn your business dreams into reality.
To help you get it right, we’ve come up with ten things not to do when writing your business plan.
Unsurprisingly, security is the top enterprise concern for the burgeoning smartphone movement. The influx of mobile devices into the work place, which initially elicited fear, has now largely been met with complacency. Whilst more and more companies are allowing employee owned devices into the work place, the vast majority of these are governed by policy only (if anything). This approach leaves organisational security in the realms of trust and companies unwittingly at risk.