Types of business

There are two different types of business in the market, the first being a ‘chain’ business, and the other a local business. A chain business is otherwise a public business (i.e. including supermarkets such as Tesco, Sainsbury’s etc), whereas a private business are otherwise known as private business’s (i.e. individual shops which don’t have a [...]

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Before starting a business..

When looking into setting up a business, one must set targets in order for that business to be successful. There are many targets, but the most important targets (primary targets) include: what business type you are setting up and the financial cost of that business, the assumed income, mass and monthly for the income, how [...]

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Cadbury’s takeover

Cadbury, the nationwide chocolate food chain, have been taken over by Kraft. Although this isn’t recent news, the fact that Kraft have transferred a factory from England, to Poland, is. Over 400 jobs have been lost due to the transfer of the Cadbury’s factory in Somderdale, and MP’s have slammed Kraft for this particular bit [...]

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What it takes for a business to be successful..

A business, to be successful, has to have the right amount, and correct type of advertising. The funding for the advertisement usually has a direct outcome on how the advertisement will come across to the general public. Advertisements can include: newspaper articles, billboard displays, posters, leaflets and most commonly, television adverts. Secondly, having the right [...]

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Buying business

A business takeover is where a large, successful and largely financial business, looks to buy a business in recession, or in financial turmoil. There are several reasons as to why business’s are bought, including: the franchise the ‘in-trouble’ business sells is successful, there will be a much larger base for the successful business to operate [...]

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