Business Start-up Advice
Effective business planning is all about looking into the future. In your business plan you must be able to predict the future and ensure your business is best placed to survive, and if possible, thrive. As difficult as this sounds there are a few tools and techniques that will help you plan for the future. The most widely used business analysis tools …
One of the most frustrating aspects of starting your own business can be raising finance. You have rely on other people and organisations such as business angels, banks or governmental institutions to fund your business. This can take time and ultimately lead to your business never starting up. It doesn’t have to be like this, there are options out there where you can …
The economic crisis of 2007/8 had a profound impact on how entrepreneurs and business owners finance their business and write business plans. Banks have been reluctant to lend money to start-ups without them offering significant collateral against the loan. Despite all the publicity that they are lending more money than ever banks are still assessing loans based on the CAMPARI …
If another business is able to copy or steal your ideas, inventions, contacts, designs or knowledge your business is at risk. Protecting your ideas and intellectual property is crucial for the sustainability of your business, potential investors will reluctant to invest in a company whose intangible assets are not protected. There are five main ways to protect your business‘s intellectual …
Here at SGI Consultants, we are focused on helping you to start and grow your business faster and easier. I think it’s a good idea to clarify some of the biggest myths about building a successful business. 1 – You Need Lots Of Money To Start Or Grow If you are planning to launch a spaceship like Virgin …
The Start-Up Loan Scheme started in May 2012. It is a government-funded initiative that provides start-up funding and mentoring for entrepreneurs across the United Kingdom. It helps solve the problem of supporting people who have a feasible business idea or want to become self-employed but no access to funding. The Start-Up Loan programme aims to equip enterprising individuals with the …
If you are a serial entrepreneur or an aspiring business owner then learning how to write a business plan should be an essential part of your skill set. Being able to write a convincing business plan will help you improve and grow your business. Let’s start with what a business plan is: it is a document that outlines the vision …
When starting a business many entrepreneurs spend a lot of time on choosing the legal status of their business. On occasions, a business may need to change its legal status due to a change in the business or restructure. Which legal status you choose for your business depends on the type and size of the business. Let’s find out what …
The Centre for Economics and Business Research (Cebr) expects the UK economy to grow by 2.5% this year, but see this slow to 2% in 2016 and then just 1.7% over the years 2017 to 2020. Managing a small business in the current economic environment can be challenging, here are some tips to improve your business and ensure it stays …
Most small businesses start-up from home. Some do this by choice, others think they have to work from home to keep costs down. There are many benefits to working from home, for some it provides them with the perfect work-life balance and they are happy to remain small. If you are hoping to grow your business, I would recommend moving …
