Feeds

UK ebiz owners are bird brains

Do what?

  • alert
  • submit to reddit

Choosing a cloud hosting partner with confidence

UK Internet firms lack "business brains", according to first national IQ test of small business entrepreneurs.

The UK's "dotcommers" came second to bottom in the test - only managing to beat those in the retail sector.

Worse still, only one per cent of ebusiness bosses managed to get all the questions about finance correct.

Overall, the IQ quiz, devised by the Cranfield School of Management, found that half of all business people in the UK have difficulty understanding a simple balance sheet.

Two thirds didn't know the meaning of "depreciation".
On the brighter side, though, the thousand or so people who took part in the IQ test did have a good knowledge of other essential business skills such as marketing, management and leadership. Which is nice. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.