Business Start-up Advice
This article will cover how to create a cash flow forecast in a business plan or for use within an existing business. If you’re just getting started, you may want to read our guide to creating a business plan. However, if you are looking for more specifics on making a cash flow forecast, this article is for you. The cash …
The Executuve Summary is by far the most important section in a business plan. If you are writing your business plan, then you need to understand this. 90% of what you are writing will not be read. I am not saying you are wasting your time writing a detailed business plan. I am saying you are not focussing enough of …
When becoming self-employed and starting your own business many entrepreneurs spend a lot of time on choosing whwerger they should be a sole trader or setup a limited company. Which legal status you choose for your business depends on the type and size of the business. Let’s find out what options you have when choosing the legal status of your business. …
The Prince’s Trust is a youth charity that helps young people aged 11 to 30. They are one of the UK’s leading organisations helping young people to start their own business and move into self-employment. Writing a Princes Trust business plan can be complicated if you have no expericence. In this artictle we’ll show you exactly how to write a …
Knowing the reasons why your customers buy your product or service is the key to sales success. When you know what their fears, problems and challenges are it gives you the ability to tailor your sales process to provide them with what they want and alleviate any concerns they objections they have. I in a previous blog post, How To …
No matter how great your product or service is if you don’t have customers you don’t have a sustainable business. Also, you may have the ability to come up with a great new product or business, but that doesn’t automatically mean you can successfully sell it to customers. Many startups struggle at first to find customers and generate revenue. Depending …
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 …
