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October is the perfect month to settle down with a warm blanket, a cup of tea, and a good horror story. Business owners may not believe in traditional ghosts and goblins, but chilling list of business mistakes is more than enough to make your hair stand on end! Voluntary liquidation experts Business Rescue Expert reveal all… A digital disaster As one of the most well-known camera brands in the world, Kodak has seen it’s fair share of success after more than a century of trading.  Back in the 1970’s, the photography...

Where it once required a ship to travel for several months to deliver goods from one landmass to another, that is no longer the case because as many financial experts state, the world is becoming a global marketplace as time and distance shrink for traders. The term globalization has been tagged onto the ease of trading between countries, financial institutions, and marketplaces. With the change in international trading, the interactions increase between people in diverse areas of different countries. Travel This can include...

Properly managing a business is all about assessing your risks and liabilities and then taking steps to avoid those pitfalls in your everyday operations. Essentially, you’re identifying every possible way that your company could fail and then setting up safeguards to protect against such negative outcomes. By planning for the best but preparing for the worst, you can ensure that your company doesn’t fall victim to one of the leading causes of failure which lead to the majority of startups winding up within their first five years...

As of 2019, the fastest-growing population demographic is actually the over-65s. Moreover, by the middle of the century, the number of those aged 80 years or older is predicted to treble from 143 million in 2019 to 426 million in 2050. Add to that fewer couples deciding to have children, this in turn results in a significant population shift — and therefore considerable changes in shopping trends consequently. Such a global aging population indicates that businesses need to adapt in order to keep up with the inevitable increasing...

An office which is too small is never ideal, but there comes a point when it’s a real problem for businesses. This is when it’s not only difficult from a functional point of view, but cramped spaces can also affect your level of motivation and capacity to solve problems or be creative. Whether you are working from home by yourself or are managing a team of people in one office, as your business expands it is likely that you are going to need more space. Maximize the Space You Have It’s very possible that you may be able...

Sometimes, bad things happen, relationships sour, and trustees need to be removed from trusts. No matter what reason you have for taking this kind of action, you need to ensure that the situation is dealt with swiftly, effectively, and amicably. That way, everybody’s needs will be met and compensated for, and you’ll avoid making the situation worse than it already is as a result. Removing a trustee is a highly complex matter. If the wrong approach is taken or if certain requirements aren’t met, disputes can arise and make...

The Right People For The Right Job It’s easy to make mistakes when hiring personnel. Some are more obvious than others. Unfortunately, the techniques of yesteryear may not be as applicable in the modern era. Economy, politics, technology, and society shift with time. Certainly, history doesn’t repeat itself. But as the old quote goes, “it does rhyme”. You can’t do a good rhyme with the same word. If you rhyme “lime” with “lime”, that’s a bad lyric. But if you rhyme “lime” with “mime”, you not only paint...

Research suggests the average age of a successful company founder is 42. This statistic stands in sharp contrast with the Silicon Valley image we all have in our minds. The pretty picture of a young, twenty-something making millions from their passion has somehow morphed into a blurry vignette shot of a middle aged man with a briefcase full of papers. It’s important to help keep the dream of the young entrepreneur alive… because the future and progression of business will be shaped by the Gen Xs and Millenials of the world. There...

If you run a small business, you could see its growth stalling disappointingly quickly. Perhaps you have made the mistake of focusing too strongly on your native market. After all, your rivals could have much in their favour – and be competing for market slices that were never all that large in the first place. The good news is that, thanks to our increasingly interconnected world, taking your business into the international ring doesn’t have to be as time-consuming as you might have anticipated. Don’t wait...

Do you struggle to understand the art of matching a shirt and tie? From identifying which colours that go well together, to acknowledging the prints that compliment each other, all in all it can be quite challenging. That’s why CT shirts, retailers of men’s shirts and experts in male fashion, we bring you this comprehensive shirt and tie guide. Colour complementing When complementing the colours of your shirt and tie, bear in mind the following advice: A safe option for choosing the right shirt of tie, is sticking to a ‘theme’....