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Entrepreneur takes advantage of the postal strike

Saturday, October 24, 2009
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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.


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