Here comes the good part, and I must say that it’s actually fun too. To create a blog, you’ll have to do research on your target market, figure out the operational and start-up costs, and so on. So why not document those things along the way, in a business plan that guides you, and provides a reference for the future?
The global recession is having an impact on most businesses and non-profit organisations. When I use the word impact, I’m not necessarily meaning negative impact. However for many, the effect is negative, for some it’s profoundly negative. The purpose of this article can be described in one word. The word is CONTROL. It’s about putting you in control, or expanding
Overview Tier 1 (Entrepreneur) visas are ideal for entrepreneurs with some money to invest in the UK. If you have at least £50,000 to invest, you may be able to apply for this visa. In practice most people who apply will need to have £200,000 of available funds held in a regulated financial institution. Specific Criteria In order to qualify
Let’s start with a quick refresher. The purpose of your 100 day plan is to have a simple and speedy way to reorganize or refocus your business or organisation. In Part 1 of these articles, you learned how to start the process of getting clear organized thinking by creating a brief Vision document. This document answers the number one strategic
Now, or in the near future do you need to secure serious business funding? This may be from a bank, from investors or maybe from a well-heeled potential shareholder. If the answer is yes then please read on. Let’s start with the basics I’m making the assumption that you have a Strategic Business Plan or an Internal Business Plan. In
Getting financial support from your bank How to approach a bank if your business needs funding Few businesses can get off the ground without some initial funding. We outline the key things to do if you’re approaching your bank for financial support. Create a comprehensive application A good application will include a lot of detail about your business and the
How to use social media to promote your business With social media, you can talk directly to your customers. But what should you know before you get started? We outline some of the most effective ways to use social media sites when you’re promoting your business. There are numerous benefits to promoting your business through social media, but what’s the
Sole proprietorship, limited company or partnership? Deciding on the legal structure of your small business is an important step, and there are a number of options to choose from. We discuss business partnerships, limited companies and sole proprietorship so that you can understand the responsibilities that come with each. When it comes to setting up a small business , the