The European Guild System, a notable feature of the early modern period in Europe, had far-reaching implications for the continent’s economic, social, and cultural processes. Originating in the medieval period, guilds were highly effective institutions that controlled commerce, practiced craftsmanship, and worked to preserve excellence in goods across many sectors. They were created to oversee […]
Tag: Small Businesses in UK and Europe
Cash Flow Problems Threatening SMBs: IGF
Small Business survey-2010, conducted by IGF, reports that, during the past two years of severe economic downturn, 38% of the SMEs in UK have suffered problems due to cash flows and 32% were fearing closure of their business operations due to the problems in cashflows. The reasons cited were, late payment by debtors(56%), uncontrollable economic […]
Twitter’ – The Most Sought after Site by SMEs:
As per the research reports by O2, out of 500 SMES surveyed, as many as 17% of them are using Twitter as a means for their business to be seen online. Out of these 28% have signed up in the last two weeks. The major reason for this trend as viewed by the respondents, is […]
Internet proves to be daunting for SMEs:
According to a press release issued by 1&1 Internet Ltd., 46% of the firms with 1 to 5 employees do not have web presence. They still don’t have their own company’s website. The company veiws, that this condition is seen despite the ease and low cost in getting a site. This is because of the […]
Internet acts as a Recession Aid for SMEs:
Easynet Connect conducted a survey on UK SMEs, to know how they find Internet, to be their source for bailing them out of recession effects. The finding of this survey can be summarized as below: 65% of UK SMEs see internet as a helping tool to get them out of recession. 42% of the respondents […]