The UK has an abundance of clever people and great ideas, writes Andrew Aldridge, but it can take a different skill-set to develop those ideas into marketable products and services and ensure business stability and growth
Setting up a business can be an incredibly daunting experience. And it can also be a chastening one - especially if things do not pan out as imagined and the often cut-throat world of commerce gets the better of it. Let's make no bones about it, the chances of failure - especially in the formative years of any business - are fairly high, with it often stated that half of companies will close within their first five years. Setting up a firm is a ‘risky business' and there are all manner of reasons why, in 12 months' time, that company no longer functions as a going concern. Even if the pr...
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