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FaceTalk / Nuts & Bolts |
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March Issue 05
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| Five Reasons Why the Bankruptcy of SMEs May Be Good for You |
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- Every small business that closes down reduces competition for the survivors. You will see a less crowded market where only the strong will survive.
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- Every small retail business that goes bust gives you the opportunity of freed retail space, sometimes in prime locations. As stores empty out, landlords become more willing to lower rents for new tenants – a great chance to snap up a new location at a good price.
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- Every small business that goes bust leaves an open niche in the market that a new entrepreneur could seize on to start a new business or to add a new business line to replace that gap whilst having learnt expensive lessons from the previous owner.....
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| To read more on such articles, simply click here to subscribe to the FIVER! publication. All it takes is just 5 minutes of your time to fill in your particulars Online and submit it to us. |
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