Speaking to BusinessesForSale.com, agents also report that the dwindling number of businesses with healthy balance sheets are more in demand than ever as entrepreneurs seek reliable investments in a turbulent economic climate.
Providing they are patient – deals are increasingly tortuous, collapsing more frequently because of nervous buyers, sellers and banks – cash-rich buyers can capitalise on the desperation of some sellers to exit amid challenging trading conditions. Caution and the dearth of credit is inhibiting activity so buyers armed with ready cash have less competition for the best opportunities.
From BusinessWings: When Google unveiled the Chromebook in May, Sergey Brin, its co-founder, described it as “a new model of computing”.
And yet, the Chromebook is a mere laptop, a breed of computer which tablet PCs and smartphones are rendering, if not yet obsolete, then certainly ungainly and ill-suited to surfing the web.
But Brin wasn’t referring to the physical interface. Rather, Google’s new device, which is manufactured by Samsung and Acer, purports to be the first hardware purpose-built for using applications and storing data exclusively through the internet.
Read full article on BusinessWings.co.uk: Last night’s episode of Mary Queen of Shops culminated in the star, retail expert Mary Portas, being kicked out of the business she was tasked to turn around.
Despite having applied for her help, the subject of Portas’ business rescue operation was resistant to pretty much all her prescriptions to help reverse her tumbling profits.
The premise, in case you didn’t know, is that retail doyenne Mary Portas descends on struggling shops and restores them to rude health a la Gordon Ramsay with restaurants, minus the swearing, shouting and hectoring.
Living in London, I’m aware of how a country’s capital city can draw all talent and resources to it like a magnet. The UK capital’s sheer size attracts wealth, in turn accelerating its growth further.
Which is why I was fascinated to discover that Australia’s largest city – which isn’t even its capital – was only marginally bigger than its nearest rival. Unsurprisingly, Sydney and Melbourne share an intense economic rivalry, which I examine in this article for BusinessesForSale.com.
881km apart, the two cities are actually comparatively close to one another in the context of an ‘island-continent’ spanning 4,000km from its western coast to its eastern seaboard. There’s very little between the two great metropolises, with one or the other marginally ahead on a range of measures relating to culture, sport, infrastructure, commerce and living standards.
From Elite Business Magazine: For many, franchising is synonymous with those iconic golden arches and the United States.
However, the origins of the concept, where franchisees pay a regular fee for the right to trade under a recognised brand with training and support, can be traced back way beyond the moment in 1954, when a milkshake salesman marvelled at the rapid turnover of customers at a Californian burger stand.
From Bdaily: There used to be an unspoken bargain at the heart of western capitalism: bosses happily raised wages, which were then spent on goods and services, thereby boosting bosses’ profits.
Income inequality in the industrialised economies shrank sharply between the end of World War Two and the 1970s.