Jump to content

Recommended Posts

'Raise your glass of cut price cava to celebrate the end of recession-before its too late.

We can talk ourselves into despond or we can at least have a bit of a celebration'. Says tonights Standard.

Lets try to be a bit more positive about the future. (ill have stella instead of cava.)

When I jacked in my last ever day job in July 2007 to start a business I remember sitting in the Drum writing my business plan, over draft maxed and relying on a special Peroni credit system I worked out with Coops.....


Then when the queues started outside Northern Rock and I wondered if it was perhaps the worst single moment in history to do such a dumb thing. But with hindsight the recession has been good for start ups - you can start slowly with lower overheads (like our 3 year office lease in EC2 at 60% below re-recession rates), less competition and the chance to target a product at a customer who's now more cost aware without it disrupting a legacy cost ridden business model. We've also been darn lucky.


The recession has been a great time to start the right kind of business and we've actually benefited from it. My simple view on the wider economy is that we've been massively cushioned by artificially low interest rates and policy dictated by an upcoming election. Bottom line is that at some point we begin to pay it all back - and that simply hasn't started yet. It has to come from increased taxation and reduced public spending. And I'm keen to know what a Tory government would do for small business - e.g. increasing capital gains tax to the main higher rate of 40% will kill any entrepreneurial green shoots unless there are concessions for business owners.


We're not out the woods yet by any means really are we?

SCSB79 Wrote:

-------------------------------------------------------

> what do you do MrBen?


I run a chain of curry houses on Lordship Lane from a head office in the square mile. All with different names but the foods exactly the same = nice economy of scale = winner.

  • 2 weeks later...

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Latest Discussions

    • what type of car was it, if they are in demand, might be helpful info.
    • Which has, unfortunately, closed. Au Ciel is much better than Gail's. Big bakery in the parade of shops near Rocca in Dulwich Village with all the seats outside - you can't miss it. Normally a big queue outside at weekends with walkers and cyclists topping up on carbs and coffee!
    • Hi, just to say there was an attempted car theft at the FH end of Underhill over Friday night. Without wanting to go into all the detail, they were pretty adamant and took a great deal of time to (try) take the car. The police came within minutes, and drove around etc.. The police said the car was in demand at the moment. I don’t know if that was brand or model. notwithstanding what the police said, all car owners should be vigilant and neighbours. These thieves were interrupted twice by neighbours, but the thieves came back etc and the neighbours didn’t put 2+2 together as to what was happening to the car. The thieves were two guys, on the cctv it looked like they were wearing grey, but it may have been black (cctv can look odd at night). My neighbours said they were black. They had a bag with them, no doubt carrying tools and they may have been dropped off by a car, that is being investigated.  Take care!!
    • Chain of cafe.. upmarket. One in village.. Been there for at least 3 years. On same side of street as detached houses, one which usually opens her garden for charity. No not burgers, sarnies and cakes, coffee, bread.. eat in or take away..  Further down from pub, same side and between pub and Dulwich Picture Gallery…
Home
Events
Sign In

Sign In



Or sign in with one of these services

Search
×
    Search In
×
×
  • Create New...