Small towns have a unique charm and friendly vibes. The pace of life is slower and the stress of the big cities doesn’t follow suit. If you’re an individual who is independent and doesn’t want to work a nine-to-five job but you like the appeal of small towns, then considering opening your own business is…
Hidden in a cosy neighbourhood, The Key Beer Bar captures the spirit of a traditional English pub, leaving a mark on many of its visitors. Known for its 28 taps of draft beer, the bar is one of a kind in the city and stands out for two main reasons: its cold storage rooms for…
Suppose you’re passionate about retail and are considering a new business venture. In that case, chances are you’ll find yourself at a familiar crossroads – brick and mortar vs eCommerce. Although online and offline retail are part of the retail landscape, they are unique and characterised by specific features. Understanding how online and physical stores…
Do you feel it’s time for your business to move to the next level and explore the opportunities hidden in foreign countries? Tapping into a new market can be extremely exciting and rewarding. However, it also comes with challenges and factors to consider closely. The following sections introduce 21 must-have elements of a smart market…
If you’re a business owner, making a distinction between customers and consumers is a must. These two groups of individuals relate and engage with your business in completely different ways. Acknowledging these differences and having a better understanding about what each group represents can help you craft better marketing messages, improve your sales, and overall…
It’s a Friday night in a lively pub. Groups of friends are laughing, sharing stories and making memories. Over in the corner, a VendNation photo booth, glowing with LED lights and the venue’s branding, catches their attention. Guests gather around, snapping photos and tagging the venue on social media, turning an ordinary night out into…
Shopping for daily necessities can be challenging when you work late or have a long commute, especially if you live in an area without nearby stores. Based in Verviers, Belgium, Nicolas Havetis offers a convenient payment solution for both consumers and retailers. He imports and customises vending machines that are popular and highly in demand….
As the world evolves, embracing technology and modern fundraising methods has become essential for charity organisations like Kiwanis International, which works in 85 countries. The mission of this global charity is to change the lives of children, and its local branches do that through community work, awareness campaigns and fundraising. The Icelandic chapter of Kiwanis…
Gross sales and net sales are sales metrics that are fundamentally important for business owners, sales managers, and investors alike. They represent essential insights into the business’s performance and, when analysed correctly, can help the company achieve its goals. In the following sections, we will discuss gross vs. net sales and explain each metric. We…
Small business owners in the UK have a range of problems to address, among which include managing their business finances well. Among these include the need to pay tax, managing your business expenses, dealing with cash flow and a myriad of others. Juggling so many balls in the air can feel overwhelming. But ultimately, you’re running your own business for a…
One of the most important decisions you’ll have to make when starting a business in the supply chain industry is whether to follow the wholesale or retail business model. While both retail and wholesale have unique advantages, they’re fundamentally two entirely different distribution arrangements. As a business owner, you’ll need to acknowledge each one’s specifics when it…
No matter whether you’re a startup company or an established corporation, chances are that at some point you’ll need to introduce a new product or service to the market. To guarantee a successful product launch, you’ll need a go-to-market strategy. Go-to-market strategies can help you mitigate risks associated with your product launch, prepare your target audience…
If you’re a business-savvy entrepreneur looking for new opportunities to boost your bottom line, the consignment model could be an appealing option for you. It comes with many benefits for both consignors and consignees and is prevalent across multiple industries. To find out what is the meaning of consignment and how you can take advantage…
If you’re planning to start a business in the UK, it’s key to evaluate the opportunities you can take advantage of and the industries you can penetrate. For aspiring entrepreneurs, one of the most important first steps is selecting the right niche to position their business in. This choice will ultimately shape the way you…
Running an online shop and attracting new customers in today’s highly competitive business landscape is both extremely rewarding and challenging. To secure repeat business, it’s key to implement strategic sales techniques that will allow you to create lasting customer relationships via an outstanding buyer journey. One of the best ways to significantly enhance the customer experience, increase…
