FOUR VICTORIAN BUSINESS LESSONS THAT STILL HOLD MERIT TODAY
August 12 2016.



Beyond crumpets and lace, the Victorian era propelled Britain onto the global stage as an imperial force and the world's first industrial power.


It was an age of invention, innovation, and self-discovery, with the move of production out of the home and into the factory.

The volatility of this transition saw Britain swing pendulously from boom to depression and back, and many raged against the advance of technology.

From Cadbury's to Unilever, some of the world's most popular brands set up during this tumultuous time. Here's what we can learn from their centuries-old legacy.

The greater the risk, the greater the reward
Like today, investment in fast growth sectors which used new technology was risky.

Some business owners did well from the new and booming cotton industry but many who jumped on the bandwagon too late, or without a proper understanding of the costs and benefits of this new technology went bust.


For the full story at growthbusiness.co.uk CLICK HERE.