opinion Régine Biscoe Lee Published 9:29 PM EDT Apr 7, 2019 I think we can all agree that a safe and well-functioning society costs money. Whether Republican or Democrat, we all want firefighters when we need them, police officers when we are in trouble, good teachers in our schools and decent roads. But the money that pays for these things doesn’t fall from the sky. Day in and day out businesses, many of them small, pay for the privilege of existing in this community. And they don’t have it easy. While Guam-specific data isn’t as readily available, the Small Business Administration tells us that small business represents 65% of all new job growth in our country. And yet a startling 50% of these businesses fail within the first five years of operation. So why would any government that wants to create jobs make it harder for the job creators to exist? The truth is, I don’t know. But with the help of the Leon Guerrero-Tenorio … [Read more...] about Letter: Bill 1 would reduce taxes for some small businesses
Why small businesses fail
PUBLISHED: 16:47 19 February 2019 | UPDATED: 16:47 19 February 2019 Sarah Chambers Shirley Aldous, director, with daughter,Tarnia Robertson, director, and Tarnia's father, Colin Aldous, chairman of Ufford Park Woodbridge Hotel, Golf and Spa Picture: PAUL NIXON Paul Nixon Photography 01473430707 07904296577 Statistics suggest that as a family-run concern, it’s surviving against the odds. But four years after taking over the reins from her parents, Tarnia Robertson’s hotel business is still going strong. Ufford Park Hotel, Golf and Spa Picture: GREGG BROWNOnly a third of family-owned firms last into a second generation, figures suggest, but Tarnia’s long apprenticeship under parents Shirley and Colin Aldous have stood her in good stead: four years after she became managing director at Ufford Park Woodbridge Hotel – enabling her parents to take a back seat – she has already taken the business to new heights.MORE – Record … [Read more...] about Why do only a third of family-owned businesses survive into second generation?
Mum of four Erica Wolfe-Murray has spent decades working with businesses to help them grow, make money and outsmart their competition. In her years working with hundreds of business founders, she's seen real life examples of how people changed their lives and turned their business ideas into winners. In fact, she's even been called "The Delia of business". But, for her, the joy is in the people she's met. "I'm so lucky to be doing what I do, because I get to work with all these fabulous small companies," Erica told Mirror Money. And while not every business can be a winner, that doesn't mean you can't end up one in the end. The secret? Understanding yourself first. How to find an idea "People don't realise that they have a huge amount of experience already, even in their early 20s," Erica explained. That means the key to success is to use what you already have. "People are the heart of business," Erica said. "Your life is unique - why not use it. No one can ever compete with … [Read more...] about Working mum reveals the secrets to starting your own million pound business
After HBOS scam, campaigner says cover-up goes to the Cabinet and top of the City Two years ago this month a group of six financiers, including a senior ex-HBOS banker, were jailed for nearly 50 years collectively after being found guilty for their roles in a scam involving £245 million worth of dud loans. As scandals go, this one was in a school and class of its own, and one which saw the longest prison sentences given for fraud in the UK. At the epicentre was a former HBOS bank manager, Lynden Scourfield. He was bribed with Barbados cruises, trips to Las Vegas, Cartier watches and envelopes stuffed with thousands of pounds to pay for porn stars and sex workers at a flat in Marylebone. In return for such delicacies, the HBOS banker lent money — through the Reading branch where he worked — to corporate customers in financial difficulties, letting the fraudsters profit from juicy fees forced on those firms and fleece them of their assets. The HBOS crooks … [Read more...] about Business interview: Police and Crime Commissioner Anthony Stansfeld
I was pretty gutted to read that Tesco is to do away with the fish, meat and cheese counters from its stores. That’s one of my little joys in supermarket shopping, checking out a few tasters, mixing and matching little treats, deciding which fish looks less difficult to cook and never quite summoning the bravery to do anything with something which comes with eyes (they are very beady and glaring).Perhaps this change will be a blessing to the small trader, and more and more of us will return to our local fishmongers and butchers, especially as they use far less plastic.That said, I hope those who lose their jobs find other roles.The universe is a thing of wonder and yours to explore Last week I had the utter pleasure of visiting the night skies courtesy of the Historic Dockyard, University of Portsmouth’s Cosmos crew and Hampshire Astronomical Group. Admittedly as I turned up at the dockyard I thought I’d made a huge mistake as every other parent in … [Read more...] about Could Tesco closures mean a boost for small businesses? – Zella Compton