Positive business news
Let's end the week on a positive note. The cut in interest rates yesterday has got to be good news for everyone - read what True Business - real life for small businesses has to say about it.
And according to a press release from Launchlab.co.uk, the majority of small business owners are claiming that the economic slowdown is not troubling them. Dan Matthews, founder of LaunchLab.co.uk, said: "It's inspiring to find that in amongst all the frightening headlines a good proportion of entrepreneurs are thriving. "More than half of small business owners have felt no effect from the flagging macro-economy, and some have adapted to the conditions and are growing more quickly. "The figures show that while the economy as a whole is slipping into negative growth, there are pockets of success everywhere. We should take inspiration from them as we look for a way out of the gloom."
And lastly, 'Cloud Computing' can save small businesses and entrepreneurs money. Used successfully, it can provide significant benefits for business owners and individual computer users, especially those seeking to store data. Cloud computing allows computer users to buy access to computer software stored online in another place, potentially in a different jurisdiction, where it can easily be accessed over the Internet. Since it negates the requirement to purchase a server, there are clear financial advantages to this approach for small businesses seeking to avoid large capital investments. (So, does every cloud really have a silver lining now?!)