Employees are the most critical part of any business, you can have the best product or service in the world, but if you don’t have the right people, you will never be able to grow your business. Understanding how to recruit and retain the best staff is a skill that every new business owner should possess. Without high calibre, motivated …
As a global recession looms with the impact of COVID-19, it is likely more people will lose their jobs and will be forced to become self-employed and start their own business. People will have to look for alternative solutions to start your business and support your families. Traditional sources of financing for most new business ventures such as angel investment …
The rate of new businesses registrations has rapidly accelerated in the UK over the past few years. It is estimated a record 500,000 businesses start each year. One of the first challenges of any new business owner has to face is how do they get business funding. This article will take you through the most popular ways to get your business …
Looking for an easy way to promote your startup? Looking for a way that doesn’t involve spending all of your time on Facebook or spending hundreds of pounds on leads? In this blog post, we’ll discuss the ins and outs of startup marketing for those who are new or intimidated to start. Bad marketing is one of the main reasons …
Whether its by force or choice, you may have to start your own business at some point in 2021. Over 500,000 new businesses were registered in the UK in 2020. The number could be close to a million if you take into consideration how many unregistered companies are started. This trend is set to continue in 2021. As a global …
There are a couple of questions we get asked a lot. “How to run a successful business?” and “How do we get from being a start-up to being a successful and established business?” We have studied hundreds of different businesses and have identified five characteristics, most of which share. They have a strategic direction and a clear plan for how …
Starting your own business can be an extremely exciting time in your life. You probably have a lot of ideas about what you want your business to be, but you’re not sure how to make it a reality. I’ve put together a list of business startup hacks that will help you get your business up and running in no time! …
Whether you are just starting up or an established business, every business has room for improvement. The market is constantly changing if you are not planning to improve and grow your business; you are just stagnating and risking sustainability. This is why the stock market value of companies crash when they announce lower than predicted sales growth. Growth is a …
Writing a business plan is a challenging experience for many entrepreneurs. Even if they have a great idea, they fail to start the business or get funding – mainly because, to put it nicely, their business plan just plain sucked. While there is no one-size-fits-all template for creating a business plan, there are some key components that all plans should …
Explaining how much money your business will make is a crucial part of writing your business plan. Let’s be honest, unless you are a charity the main reason you are in business is to make money. If you are preparing a business plan for investment or funding, you will have to explain when you will start making money and …
