Business

When it comes to social media, there are generally two camps of followers. There are those who believe in the good of social media, its power to connect people from all over the world and help businesses grow – even now most of them are working on how to get more followers on Instagram and other platforms – but then there are others who view the world of social media with a much more cynical eye. Rather than bringing people...

A young entrepreneur startup has created the definitive website to connect boat owners with people who want to rent them. Buying a boat is a big investment, and their owners will spend a lot of money on them. With the advantage that boat owners can amortize this investment and nobody is left without being able to enjoy the sea, Nautal platform has been born, a startup created by entrepreneurs that helps boat owners to rent them to other people, whether...

A whole project can fall down as a result of bad translation. The translation agency Alphatrad UK offers professional, legal and official translation services in more than 100 languages and dialects. All kinds of translation services from one language to another are part of an exciting task that has to be based on thoroughness and a great knowledge of languages. Only the best specialists are wanted, or at least in the case of Alphatrad UK, a translation agency in London...

More and more businesses are operating on a worldwide scale, with 40% of all business deals now made across borders. The internet has made international trading easier than ever, creating opportunities for substantial growth, so it is easy to see why so many companies are choosing to expand overseas. To successfully launch your business in foreign markets, you will need to adapt, and being able to converse with your clients is a pivotal aspect of going global. Employing foreign workers...

2017 was a particularly interesting year in the global energy markets as crude oil declined from around $55 per barrel in January to around $43 per barrel in June before rising again to end the year around $65 per barrel. OPEC's move to cut oil production levels as a proactive move to end the 3-year supply glut in oil started bearing fruits in 2017 and the bullish trend is building up momentum to continue in 2018. Crude oil is already...

Unbelievably, a decade after the global banking collapse the British taxpayer has been asked to bail out one of Britain’s largest contractors for public projects as it owes the banks - including those we bailed out - hundreds of millions. Carillion had asked the Government to bail it out with uncertainty hanging over thousands of jobs and public projects contracted out to the failing giant all over Britain from hospitals to HS2. Yet again while the risks are borne by...

Union calls for urgent review of private sector contract awards as company collapse plunges workers and services into crisis GMB, Britain’s general union has called on Prime Minister Theresa May to act immediately to take Carillion contracts into public ownership after the company went into liquidation today. The union called for a full and transparent inquiry into the provision of public services by private sector contractors once jobs and services were secured. Tim Roache, GMB General Secretary said: “The Prime Minister...

Tragic example of failures of privatisation and outsourcing requires Government to intervene to protect public sector work, says GMB. GMB, the UK’s general union, demands the Government intervene and protect Carillion workers’ jobs and pensions – rather than focussing on bailing out a failing private company. Carillion, one of the government's biggest contractors, is struggling under £1.5bn of debt, including a pension shortfall of £587m. The government is meeting Carillion and the Pensions Regulator today (Friday) to discuss the services...

Management is all about cost cutting. It is one of the main tasks of any manager. Whatever business you operate, the aim is to reduce costs and to increase control. Controlling is one of the most important stages of the managerial process. It enables continuous learning and up-skilling. It is rare that any process happens without defaults. In order to identify them, you need to track or to control. Then you need to eliminate the discrepancies in business scheme. Tracking...