Ocean freight makes a huge contribution to global trade. According to the 2018 Review of Maritime Transport by the United Nations Conference on Trade and Development, around 80 per cent of the volume of international trade in goods is carried by sea, inside container vessels. Companies prefer sending their products by sea because it is cheaper than sending them by …
It’s probably the biggest risk you have to take once you decide to go into business: quitting your job. It means abandoning the steady paycheck, the fixed 9 – 6 schedule, and the good, peaceful rest on weekends. But aspiring entrepreneurs tend to overlook these risks, and instead fix their eyes on the opposite, that once they become an entrepreneur, …
It is impossible to look at business processes and not encounter waste. For every item produced, there is waste generated, no matter how much or how little. Some companies choose a sustainable path and reuse the waste they generate, especially if it is of the same material as their end product. What if your business runs more complicated processes that …
It’s a hard pill to swallow, but it is what it is: failures are inevitable in business. In fact, they’re so common that they’re actually the norm, and success is the exception. It’s just that victories have always been what’s celebrated and glorified, plastered at the cover of business magazines, leaving stories of failures in the dark. But despite the …
When you go grocery shopping, what is the first thing that you look at when it comes to the products? What catches your attention and what do your eyes divert to right away? If you said that the label is the first thing you see and grabs your attention, then you are in the majority. Product labels are important since they let …
Australia is a certified food hub. According to IBISWorld, the restaurant industry grew an average of 3.5% annually between 2013 and 2018. Within this period, it earned over $18 billion. About 24,000 businesses also opened. Food isn’t the only thing these thousands of restaurants produce, though. They also create tonnes of food waste. Today you’ll learn more about restaurant food …
Whether you’re trying the KonMari method or wanting to make a quick buck, garage sales are a great way to make more room for things you actually need. You also get to make new friends when your neighbors come over to check out stuff you’re selling. In fact, garage sales are observed to foster a sense of community within the …
If you’re looking for a promising business this year, starting your vape shop can be a good investment. For the past few years, the demand for vape and e-cig supplies is still growing. In an article posted by BBC News, the number of vape users went up to 35 million in 2016. Business experts also projected that this number might …
Having a business in the line of fashion is great for people who would like to get into a fast-paced and ever-changing industry. Just like how it is in the food business, people constantly need clothing, and shopping for fashionable clothes is just like spending money on good food. As a starter and if you feel like you’re not quite …
The secret to a beautiful screen print is a great artwork. If there is a problem with the design and is not caught ahead of time, it could result in financial loss and potentially damage the identity of the brand. If you are running a screen printing business, avoid these common mistakes to keep your final products looking awesome. Working …