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BizHelp24 Edition No.
200
Thursday 4th October 2007

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October 2007 - Small Business News

 

How Has Business Changed Since 1999?

Eight years might not sound like a long time, but in the fast moving worlds of business and technology it certainly is.

As the BizHelp24 Newsletter reaches its 200th edition, we are taking a look back at how things have changed for businesses since our first edition back in the days of the Dot Com bubble...
 

  • The Millennium Bug was causing considerable worry for businesses all around the world, with many people anticipating catastrophic failure of computer systems. Happily, the panic was not justified when the year 2000 came and went with virtually no sign of any problems.
     
  • Broadband was just a distant dream for small businesses, with most using 56k modems and paying per minute for their connection.
     
  • E-commerce was still beyond the price range of most small businesses, and even having a professional website could cost a small fortune due to over inflated web design prices!
     
  • The ‘dot com bubble’ meant hundreds of new internet business were splashing out on big offices and champagne parties without actually making any money; the results of which would come back to haunt them in just a year or two.

However, many things have remained the same:

  • Small businesses are still the worst treated when it comes to being paid on time, while large businesses are still the worst payers; and while many small businesses have improved their credit management, most still suffer from late payment and non payment.
     
  • Spam emails are still filling small business inboxes promoting all kinds of rubbish, while the risk of damage from viruses and cyber crime is still high; requiring businesses to be just as vigilant as they ever have been online.
     
  • BizHelp24 is still providing hundreds of free business advice articles, and still provides free software to help you deal with invoices, accounting, and debt collection!

So while many things have drastically changed, especially online; much of the business world is quite similar to eight years ago. Just like then, you can access all our articles completely free of charge; and the BizHelp24 newsletter is still providing news and tips straight to your inbox.



 
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Archive: Oct to Dec 2007

 

 

BizHelp24 – UK business and finance information, news, help and services for small businesses BizHelp24 is a UK business and finance resource providing Small Business Help, Start up Information, news and services; for individuals and Sole Traders. Comprehensively covering a wide range of key business, finance, and service topics. Employment and personal information includes Work Times and Break Entitlement, Body Language, employee Holiday Entitlement and Employment Contracts. Credit Policy information includes Letter of Credit, useful Credit Notes, Business Loans. and Cash Flow Control. Other information areas include Bankruptcy, Homeworking, Business Failure, Company House and Company Names,

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