The hospitality sector would be hit even harder by a second lockdown, experts believe, with high profile businesses such as Carluccio’s and Chiquito already having collapsed. “There’s no easy answer,” said Alasdair Murdoch, chief executive of Burger King in the UK, who is focused on making sure the business has enough cash. […]
Business
Sunlight (not bleach) is the best business disinfectant
Perhaps there is a good reason for all this secrecy, but if so it also seems to be a secret. In the absence of a reasonable explanation the unavoidable conclusion must be that this is yet another example of the British state’s fetish for concealment. It really doesn’t have to […]
Small business loan scheme is a ruse to get Tory MPs on board
Whilst superficially attractive, the scheme is a chimera as banks still have a duty to ensure the loans can be repaid So much for not being persuaded. After digging his heels in over the idea of providing 100pc loan guarantees for business, the Chancellor is now reportedly putting together a […]
The tricky business of retail marketing in a pandemic
Despite the surge of e-commerce in the last two decades, personal transactions remain the lifeblood of most retailers, big and small. Thanks to the COVID-19 pandemic that has been arrested, with stores locked and even boarded up, and mall parking lots empty. Retail workers and small businesses have borne the […]
China economy enters vicious circle as business cuts crush demand
HONG KONG — Lured by thriving tourism in his hometown Chongqing in Southwestern China, Li Yi last year used a big chunk of his savings to start a bed-and-breakfast business. But two weeks after his venture kicked off, Li’s BnB overlooking the Yangtze River was hit by the coronavirus outbreak, […]
Abe and Gov. Koike tussle over Tokyo’s business closures
TOKYO — A familiar battle is unfolding here between a local governor trying to close down all businesses to contain COVID-19 and a central government hoping to minimize the economic impact. Just as U.S. President Donald Trump and New York Gov. Andrew Cuomo have been trading barbs over airwaves over […]
Takeaway business booms as restaurants fight to stay open
As warnings over the spread of coronavirus increase both in number and magnitude, major restaurant chains across the UK have been pulling back from delivery services and halting trade indefinitely. Businesses such as McDonalds, Greggs, KFC and Nando’s have all closed their doors indefinitely over fears for the safety of […]
Online Business Ideas You Can Start Quickly
FlamingoImages / Getty Images Owning and maintaining an online business gives entrepreneurs the freedom to make money from anywhere in the world. The idea is enticing, and more possible than ever, but many entrepreneurs don’t know where to start. The most important step in starting a profitable online business is […]
What Is an Unsecured Business Loan?
Kerkez / Getty Images As a small business owner, it’s likely that you’ve found yourself in need of additional financing to cover startup costs, hire more employees, purchase additional inventory or cover some other monetary need. According to the 2019 Small Business Profile released by the U.S. Small Business […]
Why These Garment Industry Vets Left Their Business to Become Early-Education Franchisees
For more freedom and proximity to family, Raj and Veenu Prakash bought a Lightbridge Academy franchise — and have since become an integral part of their New Jersey Community. November 9, 2018 4 min read This story appears in the November 2018 issue of Entrepreneur. Subscribe » Raj and Veenu […]