Small businesses facing ‘life or death’ no-deal Brexit struggle BelfastTelegraph.co.uk Britain’s army of small firms is facing a “life or death” scenario as a no-deal Brexit looks set to usher in an era of higher tariffs, an avalanche of red tape and demands from overseas importers to cover extra costs. https://www.belfasttelegraph.co.uk/news/uk/small-businesses-facing-life-or-death-nodeal-brexit-struggle-37830697.html https://www.belfasttelegraph.co.uk/news/uk/article37830698.ece/573c1/AUTOCROP/h342/bpanews_81187299-f1ab-4c44-bb1b-473a5718bd25_1 Email Britain’s army of small firms is facing a “life or death” scenario as a no-deal Brexit looks set to usher in an era of higher tariffs, an avalanche of red tape and demands from overseas importers to cover extra costs. Speaking as the clock reads less than 1,000 hours to Brexit, Paul Hodges, who runs the company Ready For Brexit, warned that the scale of change will “inevitably … [Read more...] about Small businesses facing ‘life or death’ no-deal Brexit struggle
Shipping deals for small businesses
A slowdown in customer spending on the high street has triggered similar cautiousness in the rag trade. Luxury retailer Harrods says it is increasing its spring/summer stock in order to protect more exposed areas of its business ahead of the March 29 deadline. Its strategy was confirmed on the Business of Fashion website, which pointed out how the UK fashion sector fears disruptions to key imports and losing access to international talent if the UK fails to reach a deal to soften the country's exit from the European Union. (At the time of Weekend going to print, which Brexit option the UK would choose remained unclear.) Meanwhile, this side of the Irish sea, designers, manufacturers and retailers are concentrating on dealing with new worries, such as getting their heads around what customs clearance means and the challenges around pricing, tariffs, sourcing production and fabrics that would come with a No Deal Brexit. And then there's the prospect of carnets coming back - those … [Read more...] about What will Brexit mean for the Irish fashion industry?
Irish citizens faced challenges including rampant house prices, while Ryanair and Irish bank shares hit turbulence. But there were upbeat stories too as Irish food and drink exports surged, writes John Daly in his review of the yearJANUARYThe new year began much as the old year ended, with Brexit and housing dominating the headlines. Average house prices across the State climbed by 8.4% in 2017, following a hefty rise in the previous year. Dublin led the way but other cities were not that far behind. Galway, Cork, and Limerick posted price gains of 8.4%, 7.3%, and 7.4%.A strengthening economy, strong employment growth, and demographic pressures were in play, but the chronic lack of house-building of all types of homes for the previous 10 years would continue to push prices higher.“This is most notable in the established housing markets of Dublin, Cork, Limerick, and Galway, where the supply side pressures are most apparent,” said Sherry FitzGerald group chief economist … [Read more...] about Business review 2018: House prices soar, Ryanair and bank shares fall but food exports surge
Scotland business Douglas Fraser Business/economy editor, Scotland 31 October 2018 Share this with Facebook Share this with Messenger Share this with Twitter Share this with Email Share this with Facebook Share this with WhatsApp Share this with Messenger Share this with Twitter Share Share this with These are external links and will open in a new window Email Share this with Email Facebook Share this with Facebook Messenger Share this with Messenger Messenger Share this with Messenger Twitter Share this with Twitter Pinterest Share this with Pinterest WhatsApp Share this with WhatsApp LinkedIn Share this with LinkedIn Copy this link https://www.bbc.co.uk/news/uk-scotland-scotland-business-46049284 Read more about sharing. These are external links and will open in a new window Close share panel Hallowe'en has transformed from turnips to pumpkins, … [Read more...] about Stretching targets for party business
Sometimes a business owner needs an iron will to push through obstacles and make her company successful. Consider Dianna Montague. Founder of Philadelphia-based Iron Lady Enterprises and the first African-American woman member of Philadelphia Iron Workers Local 405, she became a welder to fulfill a dream inspired by her construction worker father and later by a character on the big screen. "When I became a teenager and was about to graduate from high school, I saw the movie "Flashdance," and that also inspired me. It gave me the chance to actually see a female doing something like welding," Montague told CBS MoneyWatch. Montague founded her nationally certified concrete reinforcement, bridge repair and materials supply firm after a 20-year stint working in the Philadelphia Naval Yard, welding and building ships for the U.S. Navy. Even after years in the profession, she said owning her own business came with a unique set of challenges. For example, on one of the early contracts Iron … [Read more...] about Building a small business that’s tougher than steel