Author name: Mike Woodhead

The pound’s drop and escalating costs have heightened attention to supply chain flexibility and price elasticity, as businesses grapple with crisis. The turbulence instigated by former UK chancellor Kwasi Kwarteng’s transient “mini-budget” and subsequent policy reversals have rocked small businesses, devalued the pound, and jeopardized the UK’s fiscal reputation. The depreciation in sterling raised import […]

Dropshipping is a lucrative opportunity for entrepreneurs looking to operate from anywhere and start with minimal investment. Acting as a mediator between suppliers and end consumers, dropshipping allows you to sell products without stocking inventory. However, there are important considerations to ensure success in this field. Failures in dropshipping are often caused by insufficient market research, limited engagement with the target audience, uninspiring web shops, and poor customer service. Overcoming these challenges requires careful planning, hard work, and determination. Although you can quickly establish your business and trade internationally using platforms like AliExpress, Amazon, Etsy, or Shopify, financial success relies […]