Entrepreneur takes advantage of the postal strike

Print Email Tweet This!Save to Favorites
Recommend on Google+

As the turkeys at the Royal Mail officially vote for Christmas, entrepreneurs are quick off the mark spotting opportunities to build a business from the Royal Mail’s dissatisfied customers.  Here is a terrific video which is packed full of full with key business studies terms - even though it only lasts just over a minute!

This short video provides an excellent example of one such entrepreneur. 

Ken Holder runs City Cycle Couriers - a one-man alternative to the Royal Mail in Plymouth.  He was featured on BBC Radio 5 Live this morning and on other stations too - explaining how his small, locally-focused postal service is winning business in the three postcodes he services in Plymouth.  Ken stated that he was delivering around 300-350 mail pieces per day currently - and he says his business is now profitable.  The profits will surely rise as the mail volumes per mile cycled grow - since there is almost no extra cost involved.  But Ken will face challenges growing his capacity and business - an interesting issue for business students to consider.

Ken’s website can be found here  Good luck to the guy - its a great idea an I bet his customers love him right now.

blog comments powered by Disqus

BUSINESS TEACHER RESOURCE NEWSLETTER
Get first news of business teaching resources, ideas and other materials from tutor2u. Over 9,400 business teachers from the UK and around the world receive our regular teacher email newsletters. Sign up for free here!

*  Your Email Address:
*  Preferred Format:	HTMLText
Full Name:
*  Country:	-- Please choose your country --United KingdomAlgeriaArgentinaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBelgiumBermudaBosniaBotswanaBrazilBruneiBulgariaCambodiaCameroonCanadaChinaCyprusCzech republicEgyptEstoniaEthiopiaFijiFranceGeorgiaGermanyGhanaGreeceHong KongHungaryIndiaIndonesiaIranIrelandIsraelItalyIvory CoastJapanJordanKenyaKuwaitLebanonLiberiaLithuaniaMalawiMalaysiaMaldivesMaltaMauritiusMexicoNepalNetherlandsNew ZealandNigeriaNorwayOmanPakistanPapua New GuineaPhillipinesPolandPortugalQatarRomaniaRussiaSaudi ArabiaSierra LeoneSingaporeSlovakiaSloveniaSouth KoreaSpainSri LankaSwedenSwitzerlandTanzaniaThailandTunisiaUgandaUkraineUnited Arab EmiratesUnited StatesUruguayVietnamWest IndiesZambiaZimbabwe
Job / Position:
Postcode:
School / College:
Town / City:
AS/A2 Applied Business Board:	-- Please choose an option --AQAEdexcelOCRNot offered
AS/A2 Business Studies Board:	-- Please choose an option --AQAOCREdexcelCambridge Pre-UIBSQAWJECOtherDon't offer AS/A2 Business
BTEC First:	Offered Not Offered
BTEC National in Business:	Offered Not offered
GCSE Applied Business Board:	-- Please choose an option --AQAEdexcelOCRCCEAWJECDont Offer GCSE Applied Business
GCSE Business Board:	-- Please choose an option --AQAOCREdexcelIGCSEICAA/CCEAWJECSQAOtherDon't offer GCSE Business
*  Enter the security code shown:

Popular Topic Tags

recession, demand, prices, price, unemployment, profit, economics, costs, investment, inflation, supply, employment, trade, competition, gdp, risk, china, debt, euro, entrepreneur, capacity, production, downturn, innovation, tutor2u, revision, pay, exports, manufacturing, confidence, profits, food, incentives, banks, strategy, globalisation, aqa, expectations, oil, csr, usa, startup, retailers, housing, productivity, sterling, supermarkets, google, economies of scale, mortgage, takeover, cash flow, advertising, quiz, leadership, property, buss4, tesco, economic growth, video, efficiency, enterprise, motivation, stakeholders, apple, deflation, corporate social responsibility, ebea, market share, airlines, pricing, taxation, slowdown, bank of england, acquisition, merger, market failure, borrowing, competitiveness, sustainability, product life cycle, interest rates, credit crunch, budget deficit, aqa business studies, facebook, twitter, aqa business, bbc, nelson thornes, philip allan updates, starbucks, philip allan, monopoly, diversification, recruitment, organic growth, stocks, training, oligopoly, starter activity, shareholders, uk economy, poverty, emerging markets, dollar, government failure, retailing, management, suppliers, buss1, marketing mix, tim harford, cpi, branding, opportunity cost, breakeven, government spending, hodder education, vat, product, customer service, eu, losses, wages, evaluation, india, external growth, wealth, environment, edexcel, location, promotion, technology, information failure, business studies revision, sources of finance, franchise, aqa gce business, elasticity, regulation, spare capacity, welfare, jobs, economic cycle, marketing, zondle, strategic direction, british airways,
View all tags for the Business Blog