Why Do Small Businesses Fail?

Why do small businesses fail? That’s the question this article answers – and provides resources and advice to help you avoid small business failure.

Public-sector unions, govt set for more talks

Public-sector unions and the government were scheduled to meet for another round of wage talks in Pretoria on Thursday evening, an official said.

“It will take place at the PSCBC [Public Service Coordinating Bargaining Council] in Centurion tonight,” said public service and administration spokesperson Dumisani Nkwamba.

“It is our hope as government that we would not want to see a full-blown national strike. Read more…

Welsh home owners most at risk of repossession

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Home owners in a Welsh county are most at risk of losing their houses in repossessions.

Rhondda Cynon Taf topped a list of those at risk, with Blaenau Gwent, Merthyr and Caerphilly also included.

In the UK as a whole fewer people are expected to lose their homes this year after mortgage lenders today reported a decline in repossessions in the quarter to June.

A total of 9,400 homes were repossessed during the second quarter of 2010, down 400 from the previous quarter, and 2,400 below the figure for the same period of 2009, according to the Council of Mortgage Lenders (CML).

The figure led the CML to revise its forecast for total repossessions in 2010 as a whole – it now predicts 39,000 repossessions for the year, compared with November’s estimate of 53,000 and the 47,700 reported in 2009.

The number of mortgages behind with payments also fell. At

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3 Rules for Setting Business Goals

Any time is the right time for setting business goals. Like setting personal goals, setting business goals provides us with direction and motivation.

But only if we set the right goals, goals that will keep our business on track rather than derail it. How do we know that we’re setting the right business goals? The right business goals follow these three goal setting rules.

Car insurance giant Admiral planning to expand into household insurance

CAR insurance giant Admiral is planning to expand into the household insurance market for the first time next year, it has been confirmed.

Cardiff-headquartered Admiral – the only Welsh company listed on the FTSE 100 – is to begin underwriting household insurance products in its first foray outside of the motor insurance market.

Admiral, which insures around 6% of the cars on Britain’s roads, confirmed a report that had previously appeared in industry publication Post Magazine.

Up to this point, the insurer has been distributing household insurance through the intermediary BDML but this will be the first time that it will underwrite products itself and profits from it directly.

Admiral insures around 6% of the cars on Britain’s roads and also owns price comparison site Confused.com, online-only insurer Elephant.co.uk and women-only motor insurer Diamond.

Analyst James Shuck at stockbroker Jefferies said that Admiral’s established brand and ability to offer household insurance policies through its price comparison sites should mean it can capture a share of the market and avoid expensive marketing campaigns.

He said: “The next leg up in the Admiral story is diversifying into new product areas. There are p

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