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Peter Quinn Blog – WHO PAYS WHEN THE BANKS FIDDLE?

So you’ve got that loan from your bank, signed all the documents they presented to you, gave them all the security they wanted, or at least all you have (the two amount to the same thing anyway – you will have nothing left!) and now you know what you will have to pay. Not quite! Your payments will contain a bit of capital repayment and normally a bigger bit of …Read More

Peter Quinn Blog – THE CAUSES OF CURRENCY FLUCTUATION

  The recent decline in the value of the Euro against Sterling has eroded Co Fermanagh’s competitive position in the market for cross-border shopping, which has supported the county’s retail trade over the past few years.  Now the balance of advantage has swung to those from here, who are selling into the Republic and for the Northern shoppers, bringing their sterling across the border, where they will get much better value than …Read More

Peter Quinn Blog – Fermanagh’s Economy – We Should Be Building On Our Strengths

Contrary to the ‘lies, damned lies and statistics’ view of the world, real statistics rarely lie.  When they tell us that we have a population of just over 60,000 in this county and that we have one of the highest rates of new business starts in Northern Ireland, they are right; we do indeed have a good, strong and well-established culture of successful entrepreneurship in this county and in the …Read More

Peter Quinn Blog – SUCCESS SALES AND MARKETING

Despite all the advertising you see on television, hear on radio, read about in text books or encounter in any other form of the media, by far the most important part of getting customers for your new product or service is selling rather than marketing as most of us understand that term – plain, old, simple meeting the customer and persuading him or her to buy your product and then …Read More

Nick’s Blog – Smart Technology Is Changing Our World

Technology is changing the nature of business and the way we live, as smart devices inhabit every corner of work and home. Businesses used to sell simple products that carried out simple tasks but now sell smart products that track our every habit. Smart technology collects our personal data, analyses our behaviour patterns, and is changing the world. Businesses in all industries are using digital technology to make smart products …Read More

Peter Quinn Blog – PRODUCING A BUSINESS PLAN

Whatever one does in life, it is likely to be more successful, if it is planned well in advance and then delivered effectively, in accordance with that plan. Starting a business is no different. Many of those who propose to start their own business are intimidated by the idea of a Business Plan, and yet anyone who is serious about it will already have the bones of such a plan …Read More

Peter Quinn Blog – Main Determinants Of Success In Business (II).

Our previous blog on the main determinants of success in business, considered the importance of Quality and Service to any business.  The following two aspects are just as important – possibly even more so.  Firstly, there is EFFICIENCY. Ultimately that is about producing products and services at the lowest possible cost consistent with not diluting quality or service. It does not mean being the cheapest – in fact it has nothing …Read More

Nick’s Blog – Do You Want To Be A Hero?

The idea of running your own business has grown in popularity, as government, the media and others celebrate the benefits. Parents, traditionally, encouraged children to study hard at school and enter the secure worlds of banking, law and medicine. In more recent years, however, the idea of becoming an entrepreneur has become fashionable. Why? The profile of successful entrepreneurs like Richard Branson and TV shows like Dragon’s Den and The …Read More