If you’re new to business you may hear a lot of words and phrases that are unfamiliar to you. Our glossary will explain some of the meanings of the most commonly used business phrases – so talking to your accountant should be a bit easier in the future.
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The costs of starting a traditional radio station are very high, putting it out of the reach of most people. But internet radio, which works across normal broadband connections, has made it much easier – and cheaper – for anyone to start their own broadcast. Nowadays there are a huge range of stations available online, from traditional channels playing music to those discussing social and political issues.
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Partnerships allow two or more people to structure their business operation without incorporating – partnerships are not legal entities and can’t own assets, meaning partners have unlimited liability for company debts.
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Whilst the mainstream clothes sector is dominated by large players, there are ample opportunities for entrepreneurs to fill a popular niche and establish brand loyalty from regular customers.
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