Integration

This topic was touched on in takeovers and mergers, but let’s take a closer look at the different types of integration! So there are three types of integration; vertical, horizontal and conglomerate. Vertical integration will occur when a business joins … Read More

Takeovers and mergers

It can sometimes be the case that a business will choose to expand by taking over or merging with another company. This can often by a very complicated process and sometimes an uncertain time for workers! Both takeovers and mergers … Read More

Expanding a business

Many companies choose to expand or grow in order to increase profits, however there are different types of growth and whilst expansion certainly comes with some advantages, it also has some pretty big disadvantages too! A company can grow organically … Read More

Business planning

For all businesses it is always advisable that they have a plan in place to help them achieve their goals and objectives! A business plan is a type of document that states the current activities of a business, but also … Read More

Business location

Like the well known television show, a lot depends on location, location, location. And those same rules apply for a business and is something that start-up firms need to think about carefully. So as a quick summary to avoid chatting … Read More

Business objectives

Business objectives aren’t likely to be the most thrilling part of the GCSE revision, but they lay a lot of the foundations for learning about other important stuff! So what exactly are business objectives? Well, entrepreneurs will often set targets … Read More

Stakeholders

Obviously businesses consist of employers and employees, but there are also many other players who have a vested interest in the business and they are known as stakeholders. A stakeholder is a person or organisation that can influence and is … Read More

Sustainable business

You might have noticed by now that businesses have a lot of aims and objectives aside from just making money. And one thing that is becoming more and more important is the ability for a company to be sustainable! Now … Read More

Setting business aims and objectives

So what’s the aim of a firm? Well, in most cases it’s to make money – or in business terms a profit. But in some instances this isn’t always the top priority on the list. We can certainly say that … Read More

Partnerships

Aside from the other forms of business that you’re probably aware of such a sole traders and public and private limited companies, some businesses choose to operate as partnerships. As you would expect, a partnership is a business that is … Read More