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Jessops Collapse-Why did it happen & what does it mean to the high street?

Jessop’s the camera store which was over 80 years old collapsed just after Christmas 2012 in what has become a maelstrom of catastrophic events for UK retailing. HMV, Blockbuster, Comet and many others have disappeared from our high streets during 2012 and there are sure to be more to follow. So what does this mean? Is the Global or local economy, or the internet to blame, or perhaps all three?

scissors cut the red ribbon

Scrapping of business Red Tape: Beware what you wish for

The Government has been examining approximately 6,500 regulations as part of its Red Tape Challenge process, and pledged to substantially reduce or scrap at least 3,000 of these by December. They’re a bit behind schedule but the fact they have embarked on this is still reason enough to cheer for most employers so long burdened by red tape, although not all the changes will be welcome.

Procurement

Revealing invisible business costs

In a volatile economy, organisations continue to jeopardise business success by failing to achieve any visibility over purchasing commitment. With almost two thirds of purchases only revealed when the supplier invoice arrives in accounts payable, organisations are failing to control cash flow, understand expenditure against budget and potentially jeopardising important supplier relationships.

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The Holiday Is Over – Get Back To Your Sales Work!

The Christmas holiday period can be a frustrating time for salespeople. Buyers and decision-makers are on holiday or are busy covering for colleagues who are. Your own production, warehousing and delivery staff are off and you’re probably in the holiday mood yourself, and you may have been away as well.

To avoid that Christmas holiday hangover, follow the simple tips below and just watch the impact on your sales figures.