Blog entries from Gary Wainwright

When I read the following article about the daily deal promotion industry on the BBC web site it got me thinking that a groupon deal demonstrates the pros and cons of overtrading in a very clear way. Massive, loss-making deals have been part of marketing strategies for many a year - but always with the underlying hope that once a customer is "in", they may stick around and buy something else or,...

How can the UK Government encourage growth in the economy when it is restricted by spending cuts and a large budget deficit? By adopting a strategy of simplifying the regulations that businesses have to comply with it can encourage the private sector to be innovative and grow. It is obvious looking back to the causes of the credit crunch, many blame the light handed regulation of the banks....

How is it possible to make products in China and ship them half way around the world and still find that they are more competitive than products made in the UK. At first glance you would simply say that the Chinese labour costs are so much cheaper than ours and that would be true. 'But shipping goods half way around the world must be expensive' I hear you say. Just take a look at the economies of...

Where do business ideas come from? If you were asked to sit down and think of a new business idea where would you begin? First you could look at current trends in your life and the people around you. Things like 3D television, social networking or smartphones, these are the things you are into and so is nearly everyone else. Now I am not suggesting you think of a business idea which involves...

X Factor judges Gary Barlow and Louis Walsh get personal By Hannah Hope 16/10/2011 Gary Barlow last night accused Louis Walsh of turning the X Factor into a joke as the pair clashed over nearly every act. Last night's feud began when Gary's act Frankie Cocozza, 18, was given Coldplay's The Scientist in a last-minute switch. Louis said: "It wasn't a great song choice, it didn't work. Frankie...

Entrepreneurs and risk. One of the characteristics most talked about with entrepreneurs is their ability to take risks. In a recent case study with year twelve business studies we answered a question regarding who was taking the bigger risks, entrepreneurs starting a new business or the ones taking on a franchise. So what is the risk these entrepreneurs are taking? Risk is about quantifying the...