The year 2020 hasn’t been great for the global economy. The UK, like other countries, is facing a recession that seems like it will only get worse as the year goes on. In Q1 of 2020, UK GDP fell by two percent, which suggests that COVID-19 is having a dramatic effect on the economy. Even though some aspects… Continue reading Recession-Proof Your Operations
When it comes to opening a business, having a solid understanding of your financials is crucial. You need to know your numbers so that you can make sure you have enough money to start up your business. In addition, you’ll need to know how to track your numbers so you can understand how your business… Continue reading Know Your Numbers
COVID-19 Support Business Review & Relaunch Plan Business owners across the UK are enduring challenges we’ve never seen before because of COVID-19. The hospitality industry has been hit particularly hard by the global pandemic, as restaurants, cafés, and hotels have been forced to close down their interiors in the interest of public health. Although it’s… Continue reading COVID-19 Support Business Review & Relaunch Plan
There’s no denying that COVID-19 has already left a lasting impact on the food and hospitality industry. After being forced to shut down for the health and safety of their workers and customers, many restaurant owners around the world are left wondering how their business will come back from the pandemic. Industry leaders and business… Continue reading Post COVID-19 Opportunities for the Food and Hospitality Industry
Building a business takes a lot of work. Having one or several business partners can lighten your workload, plus take off some of the financial burdens that are a natural part of business ownership. Every partner needs to be willing to work cooperatively to make the business successful. There’s no room for egos or hurt… Continue reading The Importance of Business Partners
