Deutsche Bank, the giant of the German financial sector, has reported a steep fall in profits, partly due to the weakening performance that has come about from the deepening Eurozone crisis. The banks net income for the first 3 months, or quarter, of 2012 was 1.4bn Euros, down by 35% on the 2.1bn Euros that the bank made in March 2011. Overall revenue has dropped by 12% and stands at 9.2bn Euros. Continue reading
One of the most exciting aspects of setting up your own SME is looking for premises. This also an area, however, where the biggest mistakes are made that could ultimately cause your business to fail during those crucial first 12 months. While those glorious penthouse offices with the great views may be tempting, the exorbitant rent will take hefty chunk of your budget and could leave you with critical cash flow problems. Continue reading
With job cuts and redundancies seemingly becoming every day events in the media, more and more are choosing to sink their redundancy money into setting up their own business, or SME. There are various grants now available to help you in the initial start up process, and one country that is bending over backwards with help and advice is Wales, who are looking at SMEs to rejuvenate the economy. Continue reading
The car industry in the US, in keeping with the rest of the western world, has been in a significant slump in recent years and has been really struggling to keep its head above water. When President Obama took office the industry was on the verge of collapsing, and between February 2000 and June 2009 almost 1m jobs were lost across the board. Some said to let Detroit go bust, but Obama wouldn’t let it go. Continue reading
Whether you are a large company or an SME or even a one man operation, never think that you do not need insurance. So many have been caught over the years by having no, or inadequate, cover and have had to pay the consequences. If someone sues you and you haven’t insurance cover, pleading that you didn’t think you needed any will be treat with the derision it deserves, and the results can be devastating both financially and personally. Continue reading
IT encompasses a wide and varied range of employment opportunities and positions, all with one thing in common; computers are at the heart of these jobs in many different shapes and forms. From the latter days of the last century when it became clear that computers were here to stay and would become an essential part of industry, more and more people clamoured to be trained specifically in this area, causing somewhat of a software revolution.
For those who have heard the term but never actually knew what the position entailed, a business analyst is a person who liaises between the business processes and the IT side of the business. Anyone thinking of being a business analyst will be expected to have a background in IT and also experience in the improvement of business processes. Continue reading
It goes without saying that if the UK stops getting oil from Iran, consumers can expect the petrol prices to jump again. In fact, over the past week petrol prices have already risen by a substantial margin. However, this is not the top concern for the UK, given the fact that the EU placed sanctions on Tehran on Monday; which it has said for quite awhile would mean a declaration of war.
