When forming a new business, make sure you start of correctly and avoid simple and costly mistakes with this start-up checklist. Research your business idea. This will include researching the viability of your business idea as well as your target market. You will need research your competition and see what […]
Writing a good business plan can is an essential foundation to starting and running a business. A business plan not only sets out how your business will start, operate and become profitable but it will also set out your business strategy. Business plans help you run your business A good […]
For those wishing to start their own business, if you already have a trade then that can sometimes be a benefit to going it alone. Having your own business can be extremely rewarding but also very demanding trying to juggle of all the pressures and responsibilities of running your own […]
The last 10 years have seen a dramatic change in the way consumers purchase products and services. The vast majority of transactions now take place online or are influenced by the internet whether purchased directly online or research carried out by consumers prior to purchasing from the high-street. The increase […]
The decision to set up a limited company is another option that new business owners should consider starting a new business. Setting up a limited company will involve more administration and upkeep as well as higher costs than registering as a sole trader. The key difference is a sole trader […]
Setting the right prices for your business is an essential element to the success of any start-up. If you set your prices too high, then you are likely to deter potential customers from buying. If they too low, then you are likely to lose potential profit whilst also making customers […]
When deciding on a name for your business venture, you will need to consider the legal and marketing implications. Choosing an effective business name will be an important consideration as it will be vital to your branding and how your customers will see your business. Selecting an appropriate business name […]
A sole trader is simply being self-employed and definitely a quick way to set up your own business. As a sole trader you can also have employees. As a sole trader, there is a degree of personal risk. Sole traders will be responsible for any debt should their business fail. […]
There are so many steps involved in starting a business, here we list the top 9 areas to focus on from writing a business plan to the legal aspects of running a business. Business Plan Writing a business plan is an important part of starting a successful business. A good […]
When starting a new Company, there are so many factors to consider therefore have a plan in place to ensure that you have researched, discussed and planned every aspect will be very important. Every area of setting up a business will need the same attention to ensure that your business […]
