Tag: Selling

Business – definition of business by The Free Dictionary, selling a business.#Selling #a #business


business

These nouns apply to forms of activity that have the objective of supplying products or services for a fee. Business pertains broadly to commercial, financial, and industrial activity, and more narrowly to specific fields or firms engaging in this activity: a company that does business over the internet; went into the software consulting business; owns a dry-cleaning business. Industry entails the production and manufacture of goods or commodities, especially on a large scale: the computer industry. Commerce and trade refer to the exchange and distribution of goods or commodities: laws regulating interstate commerce; involved in the domestic fur trade. Traffic pertains in particular to businesses engaged in the transportation of goods or passengers: renovated the docks to attract shipping traffic. The word may also suggest illegal trade: discovered a brisk traffic in stolen goods.

busi ness

Business

  1. As oxygen is the disintegrating principle of life, working night and day to dissolve, separate, pull apart and dissipate, so there is something in business that continually tends to scatter, destroy and shift possession from this man to that. A million mice nibble eternally at every business venture Elbert Hubbard
  2. Business is like a man rowing a boat upstream. He has no choice; he must go ahead or he will go back Lewis E. Pierson
  3. Business is like oil. It won t mix with anything but business J. Grahame
  4. Business is very much like religion: it is founded on faith William McFee
  5. Business policy flows downhill from the mountain, like water Anon
  6. A business without customers is like a computer without bytes Anon

As the entries that follow show, this concept lends itself to many additional twists.

Playwrights Ernst and Lindley wrote this simile to be spoken by a judge in their 1930 s play Hold Your Tongue.

The first two words are transposed from Computer companies to generalize the comparison.

business

Business is the work of making, buying, and selling goods or services.

When you use business in this sense, don’t say ‘a business’. Don’t say, for example, ‘ We’ve got a business to do ‘. You say ‘We’ve got some business to do’.

You can talk about a particular area of business using the followed by a noun followed by business.

A business is a company, shop, or organization that makes and sells goods or provides a service.


Tags : , ,

Business: News, comments – analysis, selling a business.#Selling #a #business


Business

Amazon delivery scandal Telegraph investigation forces online giant to overhaul treatment of drivers

Liam Fox: I m not a Little Englander, I m a free marketeer

Petrofac beefs up defences amid threat of takeover

Selling a business

Selling a business

Comment: Rolet s departure from the London Stock Exchange is going to end badly

Selling a business

Follow Telegraph Business

Be bold but don’t be naive about the money drying up

The sweet smell of success: how a small business grew into a high-end brand

Business Desk

EU closes in on Google as it prepares second antitrust fine

Van Elle faces boardroom battle as founder seeks return

Unilever s work council threatens strike action over margarine sale

Olympus whistleblower lands TV deal as Japan faces wave of fresh scandals

Amazon delivery scandal: Telegraph investigation forces online giant to overhaul treatment of drivers

Fox control of sky is bad news for UK, warns Neil

Old media braced for showdown with tech giants in the battle for scale

Have the lights gone out on the Big Six?

Emirates set to throw Airbus s A380 a lifeline with major order

Olympus whistleblower lands TV deal as Japan faces wave of fresh scandals

Unilever s work council threatens strike action over margarine sale

Van Elle faces boardroom battle as founder seeks return

Landlords tendering for £300m of fire safety contracts – the biggest of their kind in eight years

Retail sales fall for first time in four years as inflation hits Britons in the pocket

Selling a business

The power struggle behind the Saudi night of the long knives

Liam Fox: I m not a Little Englander, I m a free marketeer

Amazon delivery scandal: Telegraph investigation forces online giant to overhaul treatment of drivers

Trump s $1 trillion challenge: how to rebuild the crumbling land of the free

For unlimited access to expert opinion and unrivalled insight from The Telegraph, join Premium today. Free for 30 days.

Economy

Liam Fox: I m not a Little Englander, I m a free marketeer

Retail sales fall for first time in four years as inflation hits Britons in the pocket

Trump s $1 trillion challenge: how to rebuild the crumbling land of the free

EU predicts eurozone boom but UK gloom in pessimistic forecasts

Markets

Market report: Burberry fall softened by activist investor upping stake

Industrial production smashes expectations but construction sector slips deep into recession

Market report: Takeover talk lifts Tesla supplier Telit Communcations

In charts: the FTSE keeps rising – can it last?

Questor: this is the trust to buy if you are worried that markets have become complacent

Market report: OneSavings Bank benefits from dinner party landlord clampdown

Marks Spencer shares yo-yo as CFO quits and food expansion slows

Small Business Connect

Culture, staff and brand are key for scaling firms

There’s no such thing as being too small to export

Web chat: Small businesses and online learning

Should your business open a second location?

Opinion

Comment: To Netflix the spoils as the old guard is eclipsed

Selling a business

Comment: Bear as I am, the case is there for this bull market to charge on

Selling a business

Comment: The economy is growing faster than we think

Selling a business

Banks and Finance

David Davis says City is very much in my mind as Brexit talks resume

Top LSE investor ramps up revolt to oust chairman and keep CEO

Janus Henderson raises savings target after trimming workforce

Media and Telecoms

Vodafone backs ultrafast broadband for five million in threat to BT

21st Century Fox gets revenue boost from higher advertising sales

AT T told to sell CNN by US regulators

Retail and Consumer

Unilever s work council threatens strike action over margarine sale

Amazon delivery scandal: Telegraph investigation forces online giant to overhaul treatment of drivers

Selling a business

Watch John Lewis s Christmas advert with Moz the monster under the bed

Energy

Have the lights gone out on the Big Six?

National Grid pours investment into US as UK political threat looms

UK hands world s largest oil company Saudi Aramco $2bn loan to secure IPO

Transport

EasyJet hires new chief from rival Tui weeks ahead of McCall s exit

Flybe slims down fleet in effort to address overcapacity

Heathrow chairman hopes expansion scheme s regional hubs could mark a step-change for construction industry

Construction

New Zealand looks to woo thousands of British brickies in lead-up to Brexit

Construction sector returns to growth, but optimism is in short supply

Morgan Sindall bucks construction slowdown to increase forecasts

Utilities

Landlords tendering for £300m of fire safety contracts – the biggest of their kind in eight years

DCC enters US fuel market with £152m acquisition

G4S downgrades revenue forecast amid slow trading in the Middle East and India

Questor

Questor: Compass sticks to the recipe for succession and serves up steady growth

Questor: National Grid is in politically choppy waters, but its index-linked income is precious

Questor: this is the trust to buy if you are worried that markets have become complacent

Questor: there’s plenty of scope for this aviation firm’s undervalued shares to soar

Money

Latest bank transfer fraud victims: We ve lost £113,665 and are now homeless with eight pets

How the Government s inflation trick makes pensioners, commuters and students poorer

Biotech stocks are up 560pc in a decade – and this is how to play the sector for more

BT, Virgin and the biggest broadband firms to provide automatic compensation for poor service

Sponsored

Selling a business

The best place to start a business – four alternatives to London

Selling a business

Is your business really as secure as you think?

Selling a business

How can on-site generation help energy users profit from efficiency?

Selling a business

Follow Telegraph Business

Telegraph Media Group Limited 2017

Selling a business

We’ve noticed you’re adblocking.

We rely on advertising to help fund our award-winning journalism.

We urge you to turn off your ad blocker for The Telegraph website so that you can continue to access our quality content in the future.


Tags : , ,

Business: News, comments – analysis, selling a business.#Selling #a #business


Business

Amazon delivery scandal Telegraph investigation forces online giant to overhaul treatment of drivers

Liam Fox: I m not a Little Englander, I m a free marketeer

Petrofac beefs up defences amid threat of takeover

Selling a business

Selling a business

Comment: Rolet s departure from the London Stock Exchange is going to end badly

Selling a business

Follow Telegraph Business

Be bold but don’t be naive about the money drying up

The sweet smell of success: how a small business grew into a high-end brand

Business Desk

EU closes in on Google as it prepares second antitrust fine

Van Elle faces boardroom battle as founder seeks return

Unilever s work council threatens strike action over margarine sale

Olympus whistleblower lands TV deal as Japan faces wave of fresh scandals

Amazon delivery scandal: Telegraph investigation forces online giant to overhaul treatment of drivers

Fox control of sky is bad news for UK, warns Neil

Old media braced for showdown with tech giants in the battle for scale

Have the lights gone out on the Big Six?

Emirates set to throw Airbus s A380 a lifeline with major order

Olympus whistleblower lands TV deal as Japan faces wave of fresh scandals

Unilever s work council threatens strike action over margarine sale

Van Elle faces boardroom battle as founder seeks return

Landlords tendering for £300m of fire safety contracts – the biggest of their kind in eight years

Retail sales fall for first time in four years as inflation hits Britons in the pocket

Selling a business

The power struggle behind the Saudi night of the long knives

Liam Fox: I m not a Little Englander, I m a free marketeer

Amazon delivery scandal: Telegraph investigation forces online giant to overhaul treatment of drivers

Trump s $1 trillion challenge: how to rebuild the crumbling land of the free

For unlimited access to expert opinion and unrivalled insight from The Telegraph, join Premium today. Free for 30 days.

Economy

Liam Fox: I m not a Little Englander, I m a free marketeer

Retail sales fall for first time in four years as inflation hits Britons in the pocket

Trump s $1 trillion challenge: how to rebuild the crumbling land of the free

EU predicts eurozone boom but UK gloom in pessimistic forecasts

Markets

Market report: Burberry fall softened by activist investor upping stake

Industrial production smashes expectations but construction sector slips deep into recession

Market report: Takeover talk lifts Tesla supplier Telit Communcations

In charts: the FTSE keeps rising – can it last?

Questor: this is the trust to buy if you are worried that markets have become complacent

Market report: OneSavings Bank benefits from dinner party landlord clampdown

Marks Spencer shares yo-yo as CFO quits and food expansion slows

Small Business Connect

Culture, staff and brand are key for scaling firms

There’s no such thing as being too small to export

Web chat: Small businesses and online learning

Should your business open a second location?

Opinion

Comment: To Netflix the spoils as the old guard is eclipsed

Selling a business

Comment: Bear as I am, the case is there for this bull market to charge on

Selling a business

Comment: The economy is growing faster than we think

Selling a business

Banks and Finance

David Davis says City is very much in my mind as Brexit talks resume

Top LSE investor ramps up revolt to oust chairman and keep CEO

Janus Henderson raises savings target after trimming workforce

Media and Telecoms

Vodafone backs ultrafast broadband for five million in threat to BT

21st Century Fox gets revenue boost from higher advertising sales

AT T told to sell CNN by US regulators

Retail and Consumer

Unilever s work council threatens strike action over margarine sale

Amazon delivery scandal: Telegraph investigation forces online giant to overhaul treatment of drivers

Selling a business

Watch John Lewis s Christmas advert with Moz the monster under the bed

Energy

Have the lights gone out on the Big Six?

National Grid pours investment into US as UK political threat looms

UK hands world s largest oil company Saudi Aramco $2bn loan to secure IPO

Transport

EasyJet hires new chief from rival Tui weeks ahead of McCall s exit

Flybe slims down fleet in effort to address overcapacity

Heathrow chairman hopes expansion scheme s regional hubs could mark a step-change for construction industry

Construction

New Zealand looks to woo thousands of British brickies in lead-up to Brexit

Construction sector returns to growth, but optimism is in short supply

Morgan Sindall bucks construction slowdown to increase forecasts

Utilities

Landlords tendering for £300m of fire safety contracts – the biggest of their kind in eight years

DCC enters US fuel market with £152m acquisition

G4S downgrades revenue forecast amid slow trading in the Middle East and India

Questor

Questor: Compass sticks to the recipe for succession and serves up steady growth

Questor: National Grid is in politically choppy waters, but its index-linked income is precious

Questor: this is the trust to buy if you are worried that markets have become complacent

Questor: there’s plenty of scope for this aviation firm’s undervalued shares to soar

Money

Latest bank transfer fraud victims: We ve lost £113,665 and are now homeless with eight pets

How the Government s inflation trick makes pensioners, commuters and students poorer

Biotech stocks are up 560pc in a decade – and this is how to play the sector for more

BT, Virgin and the biggest broadband firms to provide automatic compensation for poor service

Sponsored

Selling a business

The best place to start a business – four alternatives to London

Selling a business

Is your business really as secure as you think?

Selling a business

How can on-site generation help energy users profit from efficiency?

Selling a business

Follow Telegraph Business

Telegraph Media Group Limited 2017

Selling a business

We’ve noticed you’re adblocking.

We rely on advertising to help fund our award-winning journalism.

We urge you to turn off your ad blocker for The Telegraph website so that you can continue to access our quality content in the future.


Tags : , ,

Business – definition of business by The Free Dictionary, selling a business.#Selling #a #business


business

These nouns apply to forms of activity that have the objective of supplying products or services for a fee. Business pertains broadly to commercial, financial, and industrial activity, and more narrowly to specific fields or firms engaging in this activity: a company that does business over the internet; went into the software consulting business; owns a dry-cleaning business. Industry entails the production and manufacture of goods or commodities, especially on a large scale: the computer industry. Commerce and trade refer to the exchange and distribution of goods or commodities: laws regulating interstate commerce; involved in the domestic fur trade. Traffic pertains in particular to businesses engaged in the transportation of goods or passengers: renovated the docks to attract shipping traffic. The word may also suggest illegal trade: discovered a brisk traffic in stolen goods.

busi ness

Business

  1. As oxygen is the disintegrating principle of life, working night and day to dissolve, separate, pull apart and dissipate, so there is something in business that continually tends to scatter, destroy and shift possession from this man to that. A million mice nibble eternally at every business venture Elbert Hubbard
  2. Business is like a man rowing a boat upstream. He has no choice; he must go ahead or he will go back Lewis E. Pierson
  3. Business is like oil. It won t mix with anything but business J. Grahame
  4. Business is very much like religion: it is founded on faith William McFee
  5. Business policy flows downhill from the mountain, like water Anon
  6. A business without customers is like a computer without bytes Anon

As the entries that follow show, this concept lends itself to many additional twists.

Playwrights Ernst and Lindley wrote this simile to be spoken by a judge in their 1930 s play Hold Your Tongue.

The first two words are transposed from Computer companies to generalize the comparison.

business

Business is the work of making, buying, and selling goods or services.

When you use business in this sense, don’t say ‘a business’. Don’t say, for example, ‘ We’ve got a business to do ‘. You say ‘We’ve got some business to do’.

You can talk about a particular area of business using the followed by a noun followed by business.

A business is a company, shop, or organization that makes and sells goods or provides a service.


Tags : , ,

Business: News, comments – analysis, selling a business.#Selling #a #business


Business

Amazon delivery scandal Telegraph investigation forces online giant to overhaul treatment of drivers

Liam Fox: I m not a Little Englander, I m a free marketeer

Petrofac beefs up defences amid threat of takeover

Selling a business

Selling a business

Comment: Rolet s departure from the London Stock Exchange is going to end badly

Selling a business

Follow Telegraph Business

Be bold but don’t be naive about the money drying up

The sweet smell of success: how a small business grew into a high-end brand

Business Desk

EU closes in on Google as it prepares second antitrust fine

Van Elle faces boardroom battle as founder seeks return

Unilever s work council threatens strike action over margarine sale

Olympus whistleblower lands TV deal as Japan faces wave of fresh scandals

Amazon delivery scandal: Telegraph investigation forces online giant to overhaul treatment of drivers

Fox control of sky is bad news for UK, warns Neil

Old media braced for showdown with tech giants in the battle for scale

Have the lights gone out on the Big Six?

Emirates set to throw Airbus s A380 a lifeline with major order

Olympus whistleblower lands TV deal as Japan faces wave of fresh scandals

Unilever s work council threatens strike action over margarine sale

Van Elle faces boardroom battle as founder seeks return

Landlords tendering for £300m of fire safety contracts – the biggest of their kind in eight years

Retail sales fall for first time in four years as inflation hits Britons in the pocket

Selling a business

The power struggle behind the Saudi night of the long knives

Liam Fox: I m not a Little Englander, I m a free marketeer

Amazon delivery scandal: Telegraph investigation forces online giant to overhaul treatment of drivers

Trump s $1 trillion challenge: how to rebuild the crumbling land of the free

For unlimited access to expert opinion and unrivalled insight from The Telegraph, join Premium today. Free for 30 days.

Economy

Liam Fox: I m not a Little Englander, I m a free marketeer

Retail sales fall for first time in four years as inflation hits Britons in the pocket

Trump s $1 trillion challenge: how to rebuild the crumbling land of the free

EU predicts eurozone boom but UK gloom in pessimistic forecasts

Markets

Market report: Burberry fall softened by activist investor upping stake

Industrial production smashes expectations but construction sector slips deep into recession

Market report: Takeover talk lifts Tesla supplier Telit Communcations

In charts: the FTSE keeps rising – can it last?

Questor: this is the trust to buy if you are worried that markets have become complacent

Market report: OneSavings Bank benefits from dinner party landlord clampdown

Marks Spencer shares yo-yo as CFO quits and food expansion slows

Small Business Connect

Culture, staff and brand are key for scaling firms

There’s no such thing as being too small to export

Web chat: Small businesses and online learning

Should your business open a second location?

Opinion

Comment: To Netflix the spoils as the old guard is eclipsed

Selling a business

Comment: Bear as I am, the case is there for this bull market to charge on

Selling a business

Comment: The economy is growing faster than we think

Selling a business

Banks and Finance

David Davis says City is very much in my mind as Brexit talks resume

Top LSE investor ramps up revolt to oust chairman and keep CEO

Janus Henderson raises savings target after trimming workforce

Media and Telecoms

Vodafone backs ultrafast broadband for five million in threat to BT

21st Century Fox gets revenue boost from higher advertising sales

AT T told to sell CNN by US regulators

Retail and Consumer

Unilever s work council threatens strike action over margarine sale

Amazon delivery scandal: Telegraph investigation forces online giant to overhaul treatment of drivers

Selling a business

Watch John Lewis s Christmas advert with Moz the monster under the bed

Energy

Have the lights gone out on the Big Six?

National Grid pours investment into US as UK political threat looms

UK hands world s largest oil company Saudi Aramco $2bn loan to secure IPO

Transport

EasyJet hires new chief from rival Tui weeks ahead of McCall s exit

Flybe slims down fleet in effort to address overcapacity

Heathrow chairman hopes expansion scheme s regional hubs could mark a step-change for construction industry

Construction

New Zealand looks to woo thousands of British brickies in lead-up to Brexit

Construction sector returns to growth, but optimism is in short supply

Morgan Sindall bucks construction slowdown to increase forecasts

Utilities

Landlords tendering for £300m of fire safety contracts – the biggest of their kind in eight years

DCC enters US fuel market with £152m acquisition

G4S downgrades revenue forecast amid slow trading in the Middle East and India

Questor

Questor: Compass sticks to the recipe for succession and serves up steady growth

Questor: National Grid is in politically choppy waters, but its index-linked income is precious

Questor: this is the trust to buy if you are worried that markets have become complacent

Questor: there’s plenty of scope for this aviation firm’s undervalued shares to soar

Money

Latest bank transfer fraud victims: We ve lost £113,665 and are now homeless with eight pets

How the Government s inflation trick makes pensioners, commuters and students poorer

Biotech stocks are up 560pc in a decade – and this is how to play the sector for more

BT, Virgin and the biggest broadband firms to provide automatic compensation for poor service

Sponsored

Selling a business

The best place to start a business – four alternatives to London

Selling a business

Is your business really as secure as you think?

Selling a business

How can on-site generation help energy users profit from efficiency?

Selling a business

Follow Telegraph Business

Telegraph Media Group Limited 2017

Selling a business

We’ve noticed you’re adblocking.

We rely on advertising to help fund our award-winning journalism.

We urge you to turn off your ad blocker for The Telegraph website so that you can continue to access our quality content in the future.


Tags : , ,

Business: News, comments – analysis, selling a business.#Selling #a #business


Business

Amazon delivery scandal Telegraph investigation forces online giant to overhaul treatment of drivers

Liam Fox: I m not a Little Englander, I m a free marketeer

Petrofac beefs up defences amid threat of takeover

Selling a business

Selling a business

Comment: Rolet s departure from the London Stock Exchange is going to end badly

Selling a business

Follow Telegraph Business

Be bold but don’t be naive about the money drying up

The sweet smell of success: how a small business grew into a high-end brand

Business Desk

EU closes in on Google as it prepares second antitrust fine

Van Elle faces boardroom battle as founder seeks return

Unilever s work council threatens strike action over margarine sale

Olympus whistleblower lands TV deal as Japan faces wave of fresh scandals

Amazon delivery scandal: Telegraph investigation forces online giant to overhaul treatment of drivers

Fox control of sky is bad news for UK, warns Neil

Old media braced for showdown with tech giants in the battle for scale

Have the lights gone out on the Big Six?

Emirates set to throw Airbus s A380 a lifeline with major order

Olympus whistleblower lands TV deal as Japan faces wave of fresh scandals

Unilever s work council threatens strike action over margarine sale

Van Elle faces boardroom battle as founder seeks return

Landlords tendering for £300m of fire safety contracts – the biggest of their kind in eight years

Retail sales fall for first time in four years as inflation hits Britons in the pocket

Selling a business

The power struggle behind the Saudi night of the long knives

Liam Fox: I m not a Little Englander, I m a free marketeer

Amazon delivery scandal: Telegraph investigation forces online giant to overhaul treatment of drivers

Trump s $1 trillion challenge: how to rebuild the crumbling land of the free

For unlimited access to expert opinion and unrivalled insight from The Telegraph, join Premium today. Free for 30 days.

Economy

Liam Fox: I m not a Little Englander, I m a free marketeer

Retail sales fall for first time in four years as inflation hits Britons in the pocket

Trump s $1 trillion challenge: how to rebuild the crumbling land of the free

EU predicts eurozone boom but UK gloom in pessimistic forecasts

Markets

Market report: Burberry fall softened by activist investor upping stake

Industrial production smashes expectations but construction sector slips deep into recession

Market report: Takeover talk lifts Tesla supplier Telit Communcations

In charts: the FTSE keeps rising – can it last?

Questor: this is the trust to buy if you are worried that markets have become complacent

Market report: OneSavings Bank benefits from dinner party landlord clampdown

Marks Spencer shares yo-yo as CFO quits and food expansion slows

Small Business Connect

Culture, staff and brand are key for scaling firms

There’s no such thing as being too small to export

Web chat: Small businesses and online learning

Should your business open a second location?

Opinion

Comment: To Netflix the spoils as the old guard is eclipsed

Selling a business

Comment: Bear as I am, the case is there for this bull market to charge on

Selling a business

Comment: The economy is growing faster than we think

Selling a business

Banks and Finance

David Davis says City is very much in my mind as Brexit talks resume

Top LSE investor ramps up revolt to oust chairman and keep CEO

Janus Henderson raises savings target after trimming workforce

Media and Telecoms

Vodafone backs ultrafast broadband for five million in threat to BT

21st Century Fox gets revenue boost from higher advertising sales

AT T told to sell CNN by US regulators

Retail and Consumer

Unilever s work council threatens strike action over margarine sale

Amazon delivery scandal: Telegraph investigation forces online giant to overhaul treatment of drivers

Selling a business

Watch John Lewis s Christmas advert with Moz the monster under the bed

Energy

Have the lights gone out on the Big Six?

National Grid pours investment into US as UK political threat looms

UK hands world s largest oil company Saudi Aramco $2bn loan to secure IPO

Transport

EasyJet hires new chief from rival Tui weeks ahead of McCall s exit

Flybe slims down fleet in effort to address overcapacity

Heathrow chairman hopes expansion scheme s regional hubs could mark a step-change for construction industry

Construction

New Zealand looks to woo thousands of British brickies in lead-up to Brexit

Construction sector returns to growth, but optimism is in short supply

Morgan Sindall bucks construction slowdown to increase forecasts

Utilities

Landlords tendering for £300m of fire safety contracts – the biggest of their kind in eight years

DCC enters US fuel market with £152m acquisition

G4S downgrades revenue forecast amid slow trading in the Middle East and India

Questor

Questor: Compass sticks to the recipe for succession and serves up steady growth

Questor: National Grid is in politically choppy waters, but its index-linked income is precious

Questor: this is the trust to buy if you are worried that markets have become complacent

Questor: there’s plenty of scope for this aviation firm’s undervalued shares to soar

Money

Latest bank transfer fraud victims: We ve lost £113,665 and are now homeless with eight pets

How the Government s inflation trick makes pensioners, commuters and students poorer

Biotech stocks are up 560pc in a decade – and this is how to play the sector for more

BT, Virgin and the biggest broadband firms to provide automatic compensation for poor service

Sponsored

Selling a business

The best place to start a business – four alternatives to London

Selling a business

Is your business really as secure as you think?

Selling a business

How can on-site generation help energy users profit from efficiency?

Selling a business

Follow Telegraph Business

Telegraph Media Group Limited 2017

Selling a business

We’ve noticed you’re adblocking.

We rely on advertising to help fund our award-winning journalism.

We urge you to turn off your ad blocker for The Telegraph website so that you can continue to access our quality content in the future.


Tags : , ,

Business: News, comments – analysis, selling business.#Selling #business


Business

Amazon delivery scandal Telegraph investigation forces online giant to overhaul treatment of drivers

Liam Fox: I m not a Little Englander, I m a free marketeer

Petrofac beefs up defences amid threat of takeover

Selling business

Selling business

Comment: Rolet s departure from the London Stock Exchange is going to end badly

Selling business

Follow Telegraph Business

Be bold but don’t be naive about the money drying up

The sweet smell of success: how a small business grew into a high-end brand

Business Desk

Emirates set to throw Airbus s A380 a lifeline with major order

EU closes in on Google as it prepares second antitrust fine

Van Elle faces boardroom battle as founder seeks return

Unilever s work council threatens strike action over margarine sale

Olympus whistleblower lands TV deal as Japan faces wave of fresh scandals

Amazon delivery scandal: Telegraph investigation forces online giant to overhaul treatment of drivers

Fox control of sky is bad news for UK, warns Neil

Old media braced for showdown with tech giants in the battle for scale

Emirates set to throw Airbus s A380 a lifeline with major order

Olympus whistleblower lands TV deal as Japan faces wave of fresh scandals

Unilever s work council threatens strike action over margarine sale

Van Elle faces boardroom battle as founder seeks return

Landlords tendering for £300m of fire safety contracts – the biggest of their kind in eight years

Retail sales fall for first time in four years as inflation hits Britons in the pocket

Selling business

The power struggle behind the Saudi night of the long knives

Liam Fox: I m not a Little Englander, I m a free marketeer

Amazon delivery scandal: Telegraph investigation forces online giant to overhaul treatment of drivers

Trump s $1 trillion challenge: how to rebuild the crumbling land of the free

For unlimited access to expert opinion and unrivalled insight from The Telegraph, join Premium today. Free for 30 days.

Economy

Liam Fox: I m not a Little Englander, I m a free marketeer

Retail sales fall for first time in four years as inflation hits Britons in the pocket

Trump s $1 trillion challenge: how to rebuild the crumbling land of the free

EU predicts eurozone boom but UK gloom in pessimistic forecasts

Markets

Market report: Burberry fall softened by activist investor upping stake

Industrial production smashes expectations but construction sector slips deep into recession

Market report: Takeover talk lifts Tesla supplier Telit Communcations

In charts: the FTSE keeps rising – can it last?

Questor: this is the trust to buy if you are worried that markets have become complacent

Market report: OneSavings Bank benefits from dinner party landlord clampdown

Marks Spencer shares yo-yo as CFO quits and food expansion slows

Small Business Connect

Culture, staff and brand are key for scaling firms

There’s no such thing as being too small to export

Web chat: Small businesses and online learning

Should your business open a second location?

Opinion

Comment: To Netflix the spoils as the old guard is eclipsed

Selling business

Comment: Bear as I am, the case is there for this bull market to charge on

Selling business

Comment: The economy is growing faster than we think

Selling business

Banks and Finance

David Davis says City is very much in my mind as Brexit talks resume

Top LSE investor ramps up revolt to oust chairman and keep CEO

Janus Henderson raises savings target after trimming workforce

Media and Telecoms

Vodafone backs ultrafast broadband for five million in threat to BT

21st Century Fox gets revenue boost from higher advertising sales

AT T told to sell CNN by US regulators

Retail and Consumer

Unilever s work council threatens strike action over margarine sale

Amazon delivery scandal: Telegraph investigation forces online giant to overhaul treatment of drivers

Selling business

Watch John Lewis s Christmas advert with Moz the monster under the bed

Energy

Have the lights gone out on the Big Six?

National Grid pours investment into US as UK political threat looms

UK hands world s largest oil company Saudi Aramco $2bn loan to secure IPO

Transport

EasyJet hires new chief from rival Tui weeks ahead of McCall s exit

Flybe slims down fleet in effort to address overcapacity

Heathrow chairman hopes expansion scheme s regional hubs could mark a step-change for construction industry

Construction

New Zealand looks to woo thousands of British brickies in lead-up to Brexit

Construction sector returns to growth, but optimism is in short supply

Morgan Sindall bucks construction slowdown to increase forecasts

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DCC enters US fuel market with £152m acquisition

G4S downgrades revenue forecast amid slow trading in the Middle East and India

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Money

Latest bank transfer fraud victims: We ve lost £113,665 and are now homeless with eight pets

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Amazon delivery scandal Telegraph investigation forces online giant to overhaul treatment of drivers

Liam Fox: I m not a Little Englander, I m a free marketeer

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Be bold but don’t be naive about the money drying up

The sweet smell of success: how a small business grew into a high-end brand

Business Desk

EU closes in on Google as it prepares second antitrust fine

Van Elle faces boardroom battle as founder seeks return

Unilever s work council threatens strike action over margarine sale

Olympus whistleblower lands TV deal as Japan faces wave of fresh scandals

Amazon delivery scandal: Telegraph investigation forces online giant to overhaul treatment of drivers

Fox control of sky is bad news for UK, warns Neil

Old media braced for showdown with tech giants in the battle for scale

Have the lights gone out on the Big Six?

Emirates set to throw Airbus s A380 a lifeline with major order

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Unilever s work council threatens strike action over margarine sale

Van Elle faces boardroom battle as founder seeks return

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Retail sales fall for first time in four years as inflation hits Britons in the pocket

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Liam Fox: I m not a Little Englander, I m a free marketeer

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Economy

Liam Fox: I m not a Little Englander, I m a free marketeer

Retail sales fall for first time in four years as inflation hits Britons in the pocket

Trump s $1 trillion challenge: how to rebuild the crumbling land of the free

EU predicts eurozone boom but UK gloom in pessimistic forecasts

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Industrial production smashes expectations but construction sector slips deep into recession

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In charts: the FTSE keeps rising – can it last?

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Construction

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Construction sector returns to growth, but optimism is in short supply

Morgan Sindall bucks construction slowdown to increase forecasts

Utilities

Landlords tendering for £300m of fire safety contracts – the biggest of their kind in eight years

DCC enters US fuel market with £152m acquisition

G4S downgrades revenue forecast amid slow trading in the Middle East and India

Questor

Questor: Compass sticks to the recipe for succession and serves up steady growth

Questor: National Grid is in politically choppy waters, but its index-linked income is precious

Questor: this is the trust to buy if you are worried that markets have become complacent

Questor: there’s plenty of scope for this aviation firm’s undervalued shares to soar

Money

Latest bank transfer fraud victims: We ve lost £113,665 and are now homeless with eight pets

How the Government s inflation trick makes pensioners, commuters and students poorer

Biotech stocks are up 560pc in a decade – and this is how to play the sector for more

BT, Virgin and the biggest broadband firms to provide automatic compensation for poor service

Sponsored

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The best place to start a business – four alternatives to London

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GE shifts strategy, financial targets for digital business after missteps, Reuters, selling business.#Selling #business


GE shifts strategy, financial targets for digital business after missteps

NEW YORK (Reuters) – General Electric Co wants its industrial software business to cut costs and lift profits next year under new chief executive John Flannery, and is considering expanded partnerships and the possible sale of some equity in the unit, according to people familiar with the business.

Former chief executive Jeffrey Immelt spent six years and more than $4 billion transforming 125-year-old GE into a digital industrial company. But GE has had technical problems and delays with its software platform, known as Predix, which connects equipment like turbines and elevators to computers that can predict failures and reduce operating costs.

This spring, GE called an unusual, two month time-out to tackle the Predix problems, which have not been previously reported. With fixes in place, GE will now emphasize sales to existing customers in its energy, aviation and oil-and-gas businesses, and scale back efforts to sell to new customers in other sectors, three senior GE executives told Reuters.

Our resources will go to our fastest-selling markets, GE Digital Chief Executive Officer Bill Ruh said in an interview.

To help investors better understand Predix, GE also has redefined digital revenue to exclude $3 billion in hardware related to its gas-fueled power plants, providing a clearer picture of the pure software business and avoiding double-counting, Chief Financial Officer Jeff Bornstein said.

The company now expects $12 billion in digital revenue in 2020, compared with $15 billion under the old definition. GE s total revenue hit nearly $124 billion last year.

The changes mark an important course correction for GE Digital, which so far has not delivered the revenue investors wanted and is partly responsible for a 25 percent decline in GE s share price this year to a near two-year low.

GE estimates the industrial internet market will be worth $225 billion a year by 2020, and Flannery, who became CEO on Aug. 1, appears committed to Immelt s vision of being a major player, according to two people familiar with his thinking.

But the 55-year-old leader, known for finance skills and making tough decisions, is likely to press GE Digital to reduce costs and lift profits next year. He also may restructure how GE Digital operates, bring in more partners and possibly sell a minority stake in the unit, they told Reuters.

There was a lot of money spent on Predix, said a former senior financial executive at GE who worked with Flannery. They are going to tighten the grip and ensure there s a return.

GE declined to comment on Flannery s plans.

Immelt was among the first executives to spot the industrial internet wave nearly a decade ago, and positioning the company to catch it became one of his signature strategic moves in his 16 year term as chief executive.

This is an all-encompassing change, Immelt said last year, as GE increased its digital investment.

Analysts and investors see potential for Predix to deliver substantial sales and profits. It already has attracted some large customers, including power utility Exelon Corp and elevator maker Schindler Holding AG, and orders rose 24 percent to $2.3 billion in the first half of 2017.

But some analysts and investors say the business has taken longer than expected to mature, and its current growth rate is too slow to hit GE s $12 billion target by 2020. Spending also soared under Immelt, which weighed on profits.

He gave Bill Ruh an endless checkbook, Nick Heymann, an analyst at William Blair Co., said of Immelt.

Case in point: GE has budgeted $700 million more in digital spending this year – to a total of $2.1 billion – to further develop Predix and its applications, and to boost sales efforts. GE executives noted this is likely to mark the peak for digital investment.

GE Digital Chief Financial Officer Khozema Shipchandler said the 2020 revenue target is within reach since recurring Predix subscriptions pile on significant revenue as time goes on.

FIXING PREDIX

Immelt pushed GE to go digital sooner than other companies. But some early missteps cost time and money as GE s strategy evolved. Engineers initially advised building data centers that would house the Predix Cloud. But after Amazon.com Inc and Microsoft Corp spent tens of billions of dollars on data centers for their cloud services, AWS and Azure, GE changed course.

That is not an investment we can compete with, Ruh said.

GE abandoned its go-it-alone cloud strategy a year ago. It now relies on AWS and expects to be using Azure by late October, four months behind schedule, the executives said.

As GE pivoted away from building data centers, its engineers focused on applications, which executives now saw as more useful for winning business and more profitable than the platform alone.

That is probably the biggest lesson we ve learned, Ruh said.

GE also faced legacy challenges in adapting to Predix software. GE has many algorithms for monitoring its machines, but they mostly were written in different coding languages and reside on other systems in GE businesses. This makes transferring them to Predix more time consuming, people familiar with the system told Reuters.

The acquisition of Meridium and ServiceMax over the past 10 months gave GE well-known applications and added about $150 million to annual digital revenue, GE said. But the new products also brought more code that had to be converted to run on Predix, people familiar with the systems said.

The result: software installation sometimes took much longer than GE anticipated, the code had bugs and applications sometimes lacked features that customers wanted, these people said.

GE executives acknowledged Predix had experienced technical problems and was behind schedule in hitting some goals. During the time out in May and June, GE Digital s programmers made Predix more stable, they said.

The changes in strategy have come with a change in leadership. Predix chief Harel Kodesh and GE Digital Chief Commercial Officer Kate Johnson both left this year. Patrick Franklin, who succeeded Kodesh, called the time out to fix Predix.

Ruh said the leadership evolved with the business and that GE has the right people to keep Predix growing.

RIVALS TAKE AIM

The competition is not standing still. Large rivals such as Siemens AG and a crop of nimble startups are pressing to gain market share in GE s main areas of energy, aviation, locomotives, health care and oil and gas.

Chicago-based startup Uptake signed a deal in March with subsidiaries of Berkshire Hathaway Energy to provide analytics on thousands of wind turbines, including those made by GE. C3 IoT, based in Redwood City, California, won a deal last year with French utility Engie SA, a GE customer. Engie later signed a digital partnership agreement with GE.

Stewart Stevenson, a maker of fracking pumps and other equipment, met with GE about Predix in 2015 but quickly decided against it.

They didn t seem to be able to customize to meet the needs of our customers, said Chris Harvell, the firm s chief technology officer. And if they did do any development, we d probably end up paying quite a bit of money.

The company chose Flutura, a 100-person, Houston firm started in 2012, for a pilot. Flutura lacked GE s scale, but could easily produce custom code, he said.

Ruh said that while GE faces competitors in every deal, many startups are not true competitors because Predix includes unique applications and is available globally.

No other competitor has these capabilities on their platforms, he said.

Inside GE, executives remain bullish. Predix will pay off handsomely if GE stays focused on building it and winning customers, said Joshua Bloom, co-founder and chief technology officer of Wise.io, an artificial intelligence firm GE bought last year.

But, he said, “doing that right and at scale is a massive challenge.

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