Did you know that a major burglary in the UK costs a business approximately £17,000? This amount doesn’t just cover stolen goods; it also includes lost time, fewer customers, and damage to the brand. Earlier this year, a small retail shop in Birmingham faced heavy losses after burglars broke in through a poorly secured back […]
Retail in the UK is changing quickly because of new technology and rising customer expectations. Today’s customers are well-informed, choosy, and more comfortable with technology than ever. This change really affects how retailers engage with customers, improve operations, and create long-term value. In fact, 42% of UK retailers have started using new technology in 2024 […]
Small enterprises are the foundation of our economy, constituting a remarkable 99.2% of all businesses. However, they account for only 67.6% of overall revenue, which clearly indicates these companies’ challenges in increasing market share. There is some good news: small businesses have a unique advantage. Agility, personalisation, and creativity help smaller companies compete with larger […]
In a bid to bring staff back to the office, some companies are taking a novel approach: offering affordable housing options to their employees, and the reason? That’s easy: Because of the rising costs of housing that’s making it hard for everyone, especially employees. This trend is picking up as businesses seek ways to ease […]
A strong company culture is paramount. It’s more than just a buzzword; it’s the foundation of a successful organisation, influencing everything from employee engagement to productivity. But what exactly is organisational culture? It’s a unique blend of shared beliefs, values, assumptions, and methods of interaction that shape the social and psychological environment of a workplace. […]
In recent times, remote work has become more than just a trend; it’s a game-changer for how businesses operate, whether you’re operating in niche markets or big ones. If you’re wondering how this shift to working from home is shaping the business landscape, let’s break it down without getting too fancy. Flexible Working: A New […]
In the fast-paced world of business, entrepreneurs are always on the lookout for untapped opportunities. One avenue gaining momentum is the exploration of niche markets. These markets, often overlooked by larger businesses, can provide a fertile ground for innovation and growth. Today, we’ll delve into the opportunities and challenges that entrepreneurs face when navigating these […]
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