Money

As a businessperson, you likely are keen on managing risks and maintaining a steady flow of income. So, it’s only reasonable to want to find out whether it is a good idea to take a business loan, or not. Well, in an ideal world, you’d never really need a loan – but in the real world, you will encounter a range of responsibilities that will require you to have funds, which may not be at your disposal. In such cases,...

The online casino continues to enjoy a rise in prominence. Buoyed by new technology, software development and increased competition, the industry has been able to capture the possibilities of the connected generation and the smartphones in our pockets to deliver an increasingly viral form of popular culture. The fun of the casino has been transferred from the built environment into our pockets, and as a report from The UK Gambling Commission shows, there has been a huge rise in players...

If you run a business, you could understandably be feeling nervous as Brexit talks continue to unfold. Indeed, at the time of writing, much uncertainty continues to surround the state of the UK's future relationship with the EU, making it wise for you to consider the worst-case scenario. That would be a "no-deal" Brexit, where the UK simply walks away from the EU without a withdrawal agreement in place. Is your own firm prepared to handle the reverberations of this?...

If your business is based in a big city such as London, the overheads will naturally be very expensive. Property costs alone will cost you a fortune and that does not account for parking or commuting to get to your office. For some businesses, being in a big city is a crucial part of their success - otherwise, they would all head for cheaper options in more rural areas. Some of these businesses have to find other ways of cutting...

The demand for smart banking has increased in the UAE. The country has the highest ratio of smartphone usage in the world according to Google’s 2017 Connected Consumer Survey. In 2015, the GCC Digita Banking Report by EY also concluded that 81 percent of banking consumers would switch to a bank that offered mobile banking services. The general consensus is that mobile banking is as safe as online desktop banking. Moreso when phone security options have been implemented like password...

When George Washington signed the Patent Act of 1790, he probably had no idea what an impact  American ingenuity would have on the world. Surely, to a man like Washington, the idea of a cell phone, the internet, or even an automobile would have been dubbed as pure fantasy, but the spirit behind the Patent Act of 1790 is as relevant today as it was when it was first signed into law. Patents are, by definition, a legal right that...

Is your company thriving? If not, a focus on culture could be just what you need to kick start the sales. Positive company culture is a powerful driver of productivity and performance. It inspires employee commitment. Organisational culture has the power to impact outcomes. Any company can have great culture but it takes effort, time and patience to grow organically. If you are serious about culture then you simply have to make it a business priority. Culture can be created,...

Ever wondered how successful entrepreneurs manage to grow their small businesses into vast money making empires? We spoke to several leading businessmen to find out how they achieved growth. Here are their top five methods for growing businesses. 1) Organic growth Most business start small and grow using profits that are continually reinvested into back into the company. It’s fair to say that this is the safest, most risk free way of growing your business. You won’t lay awake at night...

Entrepreneurs dream of big profits and a stress-free lifestyle, but most become trapped in perpetual management and drudgery, warns the serial entrepreneur, Jeremy Harbour. By Jeremy Harbour Entrepreneurs are change agents. They solve problems and get paid for doing so. If they create wealth in the process, they go on to solve bigger problems - just look at the philanthropy of the new money entrepreneurs globally. But for every progressive entrepreneur, there are thousands of others who become entrenched at...