Gaucho Group is fighting off closure

Gaucho Group is fighting off closure

The once-popular Argentinian restaurant group Gaucho has called in the administrators and closed all 22 of its Cau restaurant outlets in the UK with immediate effect, resulting in 540 job losses.

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Cau Restaurants

The more upmarket and established 15 Gaucho outlets owned by the group will remain open as it attempts to secure a buyer that will help it pay a £1 million tax bill.

Further Job Losses

A further 765 staff are employed by the Gaucho restaurants and the group’s head office, and these jobs will also be at risk if a buyer cannot be found.

History

Matt Smith, a representative of the accountants, put the chain’s troubles down to poor management. This week, he said: “Unfortunately, the Cau brand has struggled in the oversupplied casual dining sector with rapid over expansion, poor site selection, onerous lease arrangements and a fundamentally poor guest proposition. As such, the decision has been made to close this loss-making part of the group with immediate effect, unfortunately resulting in today’s redundancies.” However, he also said the Gaucho chain “continues to trade well in its market segment, is profitable and has a strong underlying brand and guest loyalty.” This increased hopes that a buyer will be found.

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Industry

The chain is just the latest in a number of high street restaurants that have recently run into trouble, including Prezzo, Byron Burger and Jamie’s Italian, who have all been forced to shut outlets and cut hundreds of jobs in recent months.

Consumers

Restaurants are under increasing pressure to meet consumer demand and offer high-quality food at a reasonable price. Showing customers what’s on offer is one way to entice them. For example, a Saladette Counter from companies such as https://www.fridgefreezerdirect.co.uk/commercial-refrigeration-brands/i-l/interlevin/interlevin-esa900-refrigerated-saladette-counter means guests can see for themselves the freshness of the food before ordering.

Consumers are also wanting locally sourced produce. As this article recently published in the Jersey Evening Post shows, local goods are becoming more and more popular and a good way for local people to support their communities and businesses.

It is widely understood that restaurant and high street retailers are under increasing pressure from rising business rates, minimum wage costs and food prices. This, combined with a slowdown in consumer spending, is causing the problems currently being seen across the sector

How does technology affect our relationships?

Technology does not just affect the relationships of modern couples but is now an integral part of the everyday life.

Itshapes the way we communicate, make new acquaintances and even fall in love. According to a survey by the American Pew Research Center, 38% of people – estimated at 11% of the population – have used applications on their mobile or web pages to make new acquaintances. But how do these new ways of acquaintance and communication affect people’s relationships and how they shape our sociability and connection with others?

Technology enthusiasts believe that relationships have improved since technology offers more opportunities for new acquaintances and ongoing communication with our partner. However, there are also those who believe that technology does not allow people to come closer, have meaningful communication and more serious relationships.

The most important thing is to realize that the only way to build successful relationships over the internet is to transfer the relationship from the internet to ‘real’ life as quickly as possible. For those who use technology means like the ones mentioned at universal-robots.com for new acquaintances, they must take care to create a true profile with information that characterizes them at that time and of course not to lie about age, costs or interests.

Internet flirting, can not only lead us to the wrong people, but lacks direct communication. The impression that people shape from the profile of others has nothing to do with creating relationships, that is, the chemistry created online between two people may not be present at a four-fourth meeting. You could choose the perfect profile of someone but when you talk to him on the phone, you cannot even have a normal conversation.

Technology gives us the opportunity to communicate with more and more people but ultimately can create further problems in our existing relationships. Technology can move us away from our partner, friends, but also the opportunity to communicate effectively with someone, to observe his expressions without creating questions of trust or misunderstanding. People do not look at each other, but we need to use technology in smarter ways, such as using the phone instead of the email or the message to make more effective communication.

The inexhaustible use of technology and how universal it is  mean that it gives us the ability to communicate at the same time with many people but also with our partner who may be in the opposite home or in the next neighborhood or neighborhood as a result instead of facilitating us to creates a hidden problem in human relationships that are definitely not “built” online but through “face to face” communication, without realizing that the internet essentially alienates us and takes us away from the short of us, our friends, our friends and generally substantial, face-to-face communication that must have with the people who deliver us the power of companionship.

After all, it is always in the way we like to use technology for our relationship with other people. It is in the way we like to use it in order not to seem like we just want to take advantage of the other people. Technology is really into our lives and we need to find the right way to use it in order to be a beneficial fact instead of a disaster. We need to follow the rules of the development and at the meantime we got to understand the basic parts of every kind of relationship with the other people. This is how we are going to succeed in using all the technological means instead of being victims of them. It is deceptively simple, but not without it’s challenges.

The Rise of the Internet Entrepreneur in 2018

With the advancement of technology, internet entrepreneurship has never been at a higher point. While online businesses are thriving, it’s incentivising more and more people to pursue their ideas and create a company.

But why is it so good to build a business in 2018? Here’s a look at the rise of entrepreneurs in 2018 and why they are thriving.

Changes in the Market

A lot of new e-commerce brands are benefitting from the predicted changes to the online market. The majority of online users are now accessing the internet via their mobile device, meaning ordering online has never been easier. Designing an app or a mobile-friendly app is now cost efficient with platforms such as WordPress and Shopify making the investment costs to start up much low. 

Budget Advertising

Facebook, Instagram and Retargeting ads can be used to help with a brands awareness, and it can all be done within a set budget. After a business has decided on a daily/ weekly business, these channels will promote the companies content to either new users or current customers. The business can also decide on the profile of person seeing the ad meaning that the budget won’t be wasted on someone that isn’t in the target market.

If you’re a men’s clothing brand, selecting men within a specific age range that follow particular pages on social media can help to narrow down who sees the ad, meaning the people who are left to see it will have more chance of ordering.

Affordability

Briefly mentioned earlier, the majority of entrepreneurs and start-ups can begin to function on a much low budget. Professional indemnity insurance can keep a small business safe from any setbacks and also help to protect it in future endeavours. Along with cheaper overseas manufacturing, budget website designs and advertising, even a small business loan can take an entrepreneur far into the business plan.

Encouragement

The government and other larger business bodies are encouraging more people to start up their business with the help of financial and informative backing to help them get on their way. Not only with investment but there are also meetings and presentations to attend to help with starting up the smart way.

Advising you to look into business partners and checking their contractors insurance is in date to assure the transaction goes smoothly with a safety net in place.

They are likely a fair few more reason why internet entrepreneurs are on the rise. However, these appear to be the obvious more significant benefits to ensure the success of an online entrepreneur

How hosting can affect your website’s SEO

Did you know website hosting can have a significant impact on the ranking of your website? To ensure this impact is a positive one, here are a few things to consider when choosing how and where to host your website.

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Site speed

One of the main factors that can affect Google ranking is site speed. This will become even more relevant with the advent of the search engine’s mobile-first algorithm, which takes into account the time it takes for a page to load. While the website design itself can impact a site’s speed, it’s important to choose a hosting service that constantly delivers fast loading times. Use Google Webmaster Tools to check your site’s speed.

Other reliability issues

When it comes to ranking, it’s not just site speed that can have a negative impact. You also need to be aware of site downtimes and database connection failures, which result in those annoying “internal server error” messages. When it comes to downtimes, the cause is usually the web host. While short and occasional interruptions may be acceptable, longer periods of inaccessibility can have a detrimental effect on your business. Not only will you frustrate your site’s visitors, but if your site is down for several days, Google might remove the website from its index altogether. Database connection failures can occur if your site experiences too much traffic at once. Again, these can lead to your site becoming inaccessible for a period of time.

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Shared hosting

A final point to note is that if you choose a shared hosting service, there is a small chance you might be penalised for any spam-laden websites with which you share hosting. This is rarely an issue, but depending on the size of your organisation and your budget, you may wish to consider using a virtual private server. If in doubt, consult with the experts. A company that offers professional SEO services, such as https://www.elevateuk.com/seo-services/, can help you achieve a high ranking and avoid your site being penalised.

For many website owners, the focus of an SEO strategy is on keywords and producing quality content. However, as you can see, there are many more issues to consider. Give your site the best chance of ranking highly by choosing a reliable hosting service that will play its part in boosting your website’s visibility.…

Viable techniques to Better Manage Your Workforce

It is evidence that managing your ever-growing workforce becomes a more challenging task as your business grows. In this case, your workforce might comprise different people who are from different workspaces such as remote workers, freelancers, independent contractors and virtual workers.

For this reason, you need one way to better manage your workforce. Furthermore, you traditional full-time workers will be forced to work at least part of the time either on the road or from home. Therefore, this complexity has brought a new component to managing your workforce. This helps you to guide the collaboration in different groups of employees who might be working in various ways. Here is how you can ensure that your employees can work as a team even when they seem to be apart. 

Use a technology that is easy for all your workers to learn and use 
Incorporating the whole new system or assembling all the tools from numerous apps and solutions can be confusing and time-consuming. Additionally, once you use this approach, your team might resist using the equipment that you have taken a lot of time to get. This is because no one has the time to learn the entire set of applications. 

Ensure that the software is mobile friendly 
This current era of technological advancements does not allow any employer to work from a desktop anymore since most them are using smartphones, laptops, and tablets to do their work while at the office or even outside. Additionally, they must be optimized to use a variety of platforms and this will help your contractors, virtual employees and freelancers to stay in the loop irrespective of the gadget they use. 

Share and share 
With the help of cloud storage solutions like Microsoft OneDrive, you will be able to share important documents with your team, as you maintain the security of your important business information. Since this software works by automatically sync all your data across the entire gadget whenever you make any changes, you have the guarantee that your team is always informed. 

Make it simple 
As a business owner, you need to implement viable ways that can help you save everybody time and hassle. For instance, there is the Office Delve feature in the Office 2016 that allows you to quickly and seamlessly look for files in the cloud, without using the long procedure of searching by folders and filenames. Alternatively, you can try the instant sharing feature by clicking on the document you want to share with your team members. You can as well share calendars to make your planning meetings and calls easy. 

Manage your projects online 
With the help of Microsoft groups, you can form public and private teams, and each must have a shared box, calendar to help in planning and scheduling meetings, storing the group’s documents and a shared notebook for keeping notes and ideas. Additionally, group members can opt to have a discussion within the workers and launch voice or video calls via Skype for business. The groups allow you to maintain all the emails associated with the group; hence you go all in one place.

What are the different types of mutual funds available in India?

If you are just starting out with mutual funds, it might be daunting for you. After all, your money is at stake. It is advised to gain some knowledge about mutual funds before making investments.

Mutual funds have been divided into different types. It becomes crucial to know about different types so that you can invest your money according to your financial goal, ability to invest, and risk tolerance. Check out different types of mutual funds and begin your innings as an investor in mutual funds.

There are three broad categories and all mutual fund types fall into these categories:

 

  • Equity Funds

 

These funds invest your money in stocks or shares of companies. You can expect high returns and high risks in this category. Investing in equity funds for a long term is a wise idea.

 

  • Debt Funds

 

Debt funds comprise of company debentures, fixed income assets, government bonds, and so on. You can expect moderate returns and low-risk profile. These are ideal for senior citizens who cannot afford to take risks at a critical age.

 

  • Money Market Funds

 

These are highly liquid instruments comprising of treasury bills, commercial papers, and so on. These investments are available for a short-term up to a year. Returns are low but immediately available.

Mutual Fund Types

  • Liquid Funds – As the name suggests, these are highly liquid funds that invest your money for a maturity period of maximum 91 days. Don’t expect high returns in this segment.
  • Fixed Maturity Plans – Similar to fixed deposits, these are close-ended mutual funds. You can expect higher returns than fixed deposits. After you invest your money, you can redeem amount on or before the maturity date.
  • Short-term Funds – These are debt funds with a maturity period of one to three years. You can expect high returns if the interest rates are high.
  • Ultra Short-term funds – The tenure of investments varies from a few months up to a year. These funds are suitable for parking surplus amount.
  • Dynamic Bond Funds – These funds comprise of both debt securities and money market instruments. The maturity period is not fixed and the fund manager is responsible for the managing the portfolio
  • Gilt Funds – These are solely invested in government securities. The interest rate fluctuations are considerably high. Invest for a longer duration to harness impressive returns.
  • Income Funds – The amount is invested in corporate bonds, government bonds, and money market securities. The risk associated with these investments is fairly high. If you invest for a long time, you can reap high returns.
  • Equity-oriented Hybrid Funds – The majority of the corpus, at least 65%, is invested in equities. The rest of the money is parked in debt funds. Thus, the volatility is reduced in case the equities doesn’t perform as per expectations.
  • Large-cap funds – The money of the investor goes into buying shares of established companies with large market capitalization. The risk is relatively low and the rates are more than average. Since companies are already established, the chances of blunders are less.
  • Diversified Funds – The corpus is invested into stocks of large-cap, small-cap, and mid-cap companies. The role of a fund manager is crucial in this segment.
  • Small & Mid-cap Funds – As evident by the name, money is invested into stocks of small and mid-cap companies. The risk is very high and the returns can be equally rewarding as well.
  • Equity-linked Saving Schemes – ELSS invests the majority of the corpus in stocks. Under this scheme, you can avail tax benefits for an investment of up to Rs 1.5 lakh per annum under Section 80C. The minimum lock-in period is three years.
  • Sector Funds – These funds are the riskiest amongst all the funds. If you have immense knowledge pertaining to business sectors in the economy, you should go ahead with sector funds.

Commercial Property Investing Tips for Beginners

Many people have dreams of starting a property investment business, but they have little or no skills to do so. This guide will help you realise the do’s and don’ts when starting the venture as a beginner and the benefits that come with them. You will also find some great ideas for the kind of real estate investments that you can choose from depending on your passion and budget.

Property Investment Tips The idea behind starting a property investment business is to put your money in a field where its value will escalate in future and enjoy the profits realised from it. While venturing into real estate business, you need to plan to ensure that the amount of gain achieved from the property after a certain period will be abundant to cover the risk of maintaining your business, insurance, utilities, taxes, and ownership. To succeed in property investment business, you need to first start with purchasing the property. You may not have enough money to buy as much property as you may need, and as a result, you may seek financing from banks. While owning property, always ensure that you avoid bankruptcy to avoid repossession of your ventures by the money lenders. The best idea to ensure that you pay your loans on time is to make sure that you have a constant flow of income from your business. Generating rent will enhance loan repayment and make it easier for you to expand your real estate venture by purchasing more property.

What Can You Afford?

Benefits of Investment Many beginners in the real estate business do not have enough capital to start the venture. Not having enough money to start the business should not hold you back from starting your dream real estate venture. You contact banks and money lenders to get a boost on your capital and start a buy-to-let investment. Instead of investing in a £100,000 property, for example, you could get a better landlord deal where you can get a financing of up to £160,000 payable at a rate of 3.89%, in a duration of five years. This loan will make it possible for you to acquire a property worth £260,000 which you can rent at £1,200 per month to service your loan. With maintenance costs, tax and agents’ fee put into consideration; you could be averaging a rent of £1,000 per month, which is still adequate to repay your loan. By the end of your repayment period, you will be enjoying the full rent amount, and the price of your property will have considerably escalated.

Finding the Correct Area to Invest In The returns on your investment are largely based on its location. You need to consider an area that has the highest growth potential, high employment rate and demand in rental houses to ensure that the price of your property escalates continuously. Some of the areas that you may consider setting up your real estate venture in the UK are Hart-Hampshire, Stratford-on-Avon, East Renfrewshire, Maidenhead and Windsor, Rushcliffe, among others.

Different Types of Real Estate Investment Real estate investments come in various forms that you need to acquaint yourself with before planning for your perfect venture. Some of the compelling factors that make investors choose one over the other is the capital required, legal requirements and the will to take a more significant risk.

Residential Property Investment – These are the most common forms of real estate due to their affordability. They are townhouses, apartments or vacation houses where individuals pay rent to live in them.

Commercial Property Investment – These are skyscrapers and office buildings and can be leased to small business owners or companies.

Industrial Property Investment – This is a kind of venture which is based on a long-term agreement for business such as warehouses, car washes and car storage units.

Retail Property Investment – This venture is made up of strip malls, shopping malls and retail forefronts where the landlord r4eceives a certain percentage of the sales generated on top of an agreed rent. Invest in Property with These Simple Steps The below ideas can help you realise your property investment dream and stay on top of the game. Buy without selling – Hold your investment as long as possible until you feel that the market price is high enough. Buy high-end property – Invest in valuable property that has a potential of growing and selling fast. Go against the market trend – Buy property when the investors are selling, and sell yours when they are buying. Take risks – Do not fear to borrow from banks and money renders to expand your business, as long as it is a good debt. Be focused – Plan your investment strategy and stick to it to realise your goal.…