Even in tough economic circumstances, it is beneficial for every business to think about growth. You can be sure that your competitors will be looking to obtain your customers or your share of the market.

There are many reasons that growth is beneficial to your business.

  1. Greater profitability by spreading your overheads. You may need a telephonist whether you have 10 or 20 people. The more you expand, the greater the value you will get from each item on your list of overheads.
  2. You will have more customers. This will give you greater security. If some customers switch to your competitors, you will still have a larger volume of business.

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Fourth generation mobile phone technology is currently being rolled out to 16 cities in the UK. So what is 4G, and what does it mean for UK businesses?

Essentially it means that you will be able to send and receive data on your mobile phone, tablet or laptop around five times faster than you can with current 3G enabled devices. It means no more hunting for WiFi hotspots when you need to download a big file, or send a large report by email, when you are out of the office.

In fact it may offer a better service than that provided by overused WiFi services connected to landlines in public areas such as hotels and coffee shops.

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September 2012 was a significant month for economic news across the globe as a number of key indicators were revealed in the UK, the Eurozone and the USA

In the UK the essential facts were as follows:

  • The Monetary Policy Committee and Bank of England continue to vote for no change to interest rates and a recent forecast from RBS Group suggests that this will remain the case until 2016.
  • The impact of further quantitative easing in July and the start of the Bank of England’s "Funding for Lending" Program in August have yet to show up in the figures.

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