Home / Knowledge / News / Textiles / Textile enterprises in turmoil as Edinburgh proves expensive

Textile enterprises in turmoil as Edinburgh proves expensive

02
Jun '08
The overhead cost of doing business in Edinburgh is becoming unbearable for entrepreneurs and this fact is supported by the discovery that the city is the fifth most expensive one outside London in which to run a business.

This Scottish capital was listed above Bristol and Manchester with regard to its cost of conducting business. Investigation studies have shown that although the cost of living and transport remained low, it was the expense of staff and industrial rents that pushed the city among the top five in UK.

This revelation might prove problematic as soaring cost of fuel in contrast to lowering turnover may leave entrepreneurs with little profits to depend on. Besides, sustaining operation at such low proceeds may also be a matter of concern.

However, small and medium enterprises (SMEs) in spheres of textile, garments, chemicals etc, are expected to do good business but this again would not spare them from generating higher costs especially if there are based in prime locations.


Interviews View All

Top executives, Textile & apparel bodies

Top executives
Textile & apparel bodies

The mid-term review of FTP is progressive, growth oriented

Top executives, Textile industry

Top executives
Textile industry

Defining MSMEs on the basis of turnover makes it simpler to do business

Top executives, Textile industry

Top executives
Textile industry

Customised t-shirts is not a fad

Yogesh Kanani,

Yogesh Kanani

Incorporated in 1999, Purani Textiless Private Limited is a leading...

Jos Notermans,

Jos Notermans

SPGPrints is a global provider of integrated solutions for rotary screen...

Yariv Bustan,

Yariv Bustan

Founded in Israel in 2015, Twine Solutions is a tech start-up that has...

Wolfgang Plasser, Lenzing AG

Wolfgang Plasser
Lenzing AG

The Lenzing Group is an international company headquartered in Austria...

Marcel Alberts, Eurofibers

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Ayyappa Nagubandi, Broadcast Wearables Pvt Ltd

Ayyappa Nagubandi
Broadcast Wearables Pvt Ltd

Hyderabad-based Broadcast Wearables has come up with the country's first...

Priya Somaiya, Usha Social Services

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Nisha Chanda, Whistling Woods International School of Fashion

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant &amp; Nandita are known for being inspired by...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


November 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search