Hints and tips:
...Anthony Miller of TechMarketView said it could be a case of the “last rites” for the ecommerce business....
...Philip Letts, Blur’s chief executive, said: “Last year was a year of transition for Blur Group. Our focus during 2015 remains on growing the business to reach profitability in early 2016.”...
...Questions have also been raised about Mr Letts’ leadership....
...“They’re not charging enough for the risk they’re taking,” said Anthony Miller, analyst at Research Group TechMarketView. “This is not a hands-off operation....
...Mr Letts, who has raised £3.5m, said it had been easier to find funding in Yorkshire than London....
...Blur was founded by chief executive Philip Letts, the former dotcom entrepreneur behind Beenz, the collapsed virtual currency company....
...A 20 per cent gross margin – the difference between what Blur charges the customer and what they pay the contractor – leaves it at risk of being undercut, says Anthony Miller of TechMarketView, a research...
...“If it is lett [sic] to a tenant for rent, as the house itself can produce nothing, the tenant must always pay the rent out of some other revenue.”...
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