GET THE BIG PICTURE » Business THE GATEWAY TO SUCESS Thu, 18 Jan 2018 18:54:57 +0000 en-US hourly 1 Relocating to London for Business? Mon, 16 Nov 2015 18:16:41 +0000 London, the capital of the United Kingdom and England, is one of the largest cities in the world. It covers over 600 square miles and has a population of approximately eight million people. Once an ancient Roman settlement, it is now considered one of the most significant cities in the world concerning politics, fashion, culture, and finance. It is also one of the largest hubs for global business. Therefore, it is not unlikely that you could find yourself relocating to this massive city on your way up the corporate ladder. The following is some important info you should familiarize yourself with if you should find yourself in this situation.

Modes of Transportation

You can explore the city via at least nine modes of transportation. The obvious methods are walking, bicycling and driving by car or taxi. London also offers a subway system called the Tube, which runs 12 lines, seven days a week. Try the driverless train called the Docklands Light Railway (DLR) that serves parts of East and South East London. Trams and local trains run above ground along with over 8,500 of London’s famous double-decker buses. You can also board the River Bus to take any of the five routes they offer via the world famous Thames.

Food in London

English food doesn’t have quite the reputation gained by the French, but culinary delights definitely exist in this multi-cultural city. The “full English breakfast,” which is usually served as a hearty weekend brunch, can include eggs and bacon, sausages, fried tomatoes and mushrooms, baked beans, and a slice of blood sausage called black pudding. It also comes with buttered toast hash browns. “Chips,” or French fries, might also be included. Light, quick lunches usually consist of a sandwich or salad and dinner can range from Indian curry to sushi to spaghetti Bolognese.

Finances and Banking

The currency in the United Kingdom is the pound sterling. Numerous foreign exchange options exist throughout London, but the Bureaux de Change, usually situated inside a Post Office, travel agency or bank, is the most common. Credit cards, especially MasterCard and Visa, are perfectly acceptable in most of London’s retail establishments and eateries. Many Automatic Teller Machines (ATMs), also called “cashpoints,” are located throughout the city. For those without a UK account, you could incur a surcharge to withdraw funds. You can also find a wealth management bank in London; they provide services such as portfolio maintenance and trading.

Things to See

The 150-year-old Big Ben Clock Tower refers not to the actual tower itself, but to the 13-ton bell housed therein. It was named after Sir Benjamin Hall, the man who ordered the bell. Other fantastic landmarks dot the city, including the British Museum, Tower Bridge, and Trafalgar Square. St. Paul’s Cathedral, built in the 17th century, was bombed during World War II but saved by firefighters at the time. It has one of the highest domes on any building in the world, which peaks at 365 feet. Of course, Buckingham Palace is a staple tourist attraction for most visitors.

Many printed maps and guides, mobile apps, and websites are dedicated to helping you navigate this amazing city. Explore the old as well as the new, as this ancient landing place for humans all over the globe has much to offer its inhabitants, permanent or temporary.

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Combat Threats To Your Business Fri, 29 May 2015 13:22:39 +0000 Keeping your business safe isn’t easy. You want to protect your investment. More than that, you want to see if grow.

There are some threats to your business that you may not have even known about before they tear you down. Combating the threat is only half the battle. The true victory is in anticipating it, and finding a solution before the worst hits.


Let’s walk through some of the common threats to your business interests.




The chief worry for any business manager. These people will eat your lunch out from under you. To make sure your competitors are put to rest quickly and efficiently, you need to be smart.


The product is your initial battleground. The superior product has the advantage. At the end of the day, results and word of mouth will do so much.


Advertising is all about hearts and minds. Capturing the attention of the public is going to lodge you in their consciousness. Make sure you hook yourself into them deeply.


Business strategy is where you need to make your mark. Don’t be sluggish to react. Be the market leader, not the market follower.


Supply and availability are the lynchpins to all this. If you cannot provide your goods or services, you cannot grow.


Make sure you are well staffed, or well supplied. Whichever it is you need. Without the product or service there at the end of the retail chain, you will go nowhere.


If the competitor has the upper hand, take it from them. In every way possible. Do not compromise in the name of competition.


It is you or them. Make sure it is them.


The Government


No, it isn’t time to pull out the tinfoil hats. Government can get in the way of you running your business for some reasons.


First of all, regulations relating to your product or service. What you can make it from, how much you have to pay, and so on.


This can come anywhere in the supply chain. From product development to retail or end-user service consumption.


Getting someone to performing lobbying duties for your interests can make your voice heard in Government. Sometimes the elected officials can be deaf to your plight.


When you have someone championing your cause, you’ve got a mighty tool in your arsenal. Make sure you use it and use it wisely.


It could influence the creation of laws, or alterations to existing ones.




This is quite possibly the largest threat to your business. While you may be confident in your skills and business knowledge right now, it could all change.


Nobody is on top forever. Some people can’t remain grounded. The success will go to their heads.


Falling behind trends and not modernizing is your biggest problem. When you become old and stale, your business will decline. Keeping it fresh and inventive is the key.


Moreover, knowing when to step back or step down is a virtue. No business is one person, especially if it wants to succeed into the next hundred years.

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Accounting And Its Benefits To A Business/Organization Sun, 25 May 2014 04:29:17 +0000 accounting_service

Is a branch of information science which involves the systematic collection, classification, recording, analysis of data and reporting of information resulting from business transactions or activities. The process of accounting or kirjanpito is steered by an individual referred to as an accountant. The accountant must adhere to regulations and rules of accounting for example generally accepted accounting principles (G.A.A.P). Accounting is an important tool to organizations or businesses as it helps them in determining their stability (financial performance). It therefore helps in provision of economic information to others such as the government, investors and stakeholders of organizations or companies. Financial information obtained through accounting is communicated to others by use of financial statements (balance sheet, income statement, cash flows). From these statements, the company/organization is then able to judge on their performance for example through profits and revenues collected.

In accounting or kirjanpito, accountability is very basic and essential. This is because as an accountant, the information that you release must give the true picture of the business or organizations. This will entirely depend on the objectives of the business/organization. In some organizations or businesses, accounting information will be based on profits, the creation of wealth, provision of public services, regulation of public action and maximization on the money that is spent on activities among others.

Benefits of accounting and accounting information

To any business or organized institution, kirjanpito or accounting and finance play a fundamental role in its evaluation. This information is essential in the following ways: it helps the management team to manage the institution or company properly. Secondly, it provides records of assets that belong to the business and those that are owed to others. Thirdly, it helps the owners or stakeholders to closely monitor how the company/organization’s activities are running thus able to make any necessary changes. Finally, it provides crucial information for investors as no person may want to put his or her investment in an organization which is falling.

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