Archive for the ‘Running a business’ Category

The dangers of being a Sole Trader

Friday, January 17, 2020 13:07 No Comments

There is a hidden danger that many people choosing the Sole Trader route to running a business are not aware of. Yes, operating as a Sole Trader is certainly the simplest way of running a business. There are no annual accounts to send to Companies House and most can run without needing to pay out [...]

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Does luck play a part in business success?

Friday, December 13, 2019 15:51 No Comments

Given that today is Friday the 13th I thought it interesting to look at the role luck plays in business success. Firstly it would be wrong to say that luck, or being in the right place at the right time is non-existent – it does happen.  Think of those who bought property in places like [...]

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What’s the most important thing in starting a business?

Monday, October 7, 2019 14:25 1 Comment

Actually there are several inter-related aspects of starting a business that need to be worked on to ensure a successful startup, but I consider these to be the most important… 1. Start a business in a subject that you are interested in. Running a new business is hard work, it becomes a little bit easier, [...]

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Could the “Experts” be right about Brexit?

Saturday, August 17, 2019 10:37 No Comments

In an alarming development Britons are starting to wonder if the “so called experts” might have something going for them. We’ve believed for years (well ever since Michael Gove revealed in his Brexit speeches that experts are always wrong) that people who have studied a subject for decades can’t be right. Tony Simonds, retired Sales [...]

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Finding business opportunities from market changes

Monday, September 24, 2018 11:50 No Comments

Businesses are often wary of change. It creates uncertainty and development projects get stalled. Instead of seeing change as an opportunity, business leaders start to plan for worse case scenarios that may result from the change. The businesses adversely affected are normally large organisations with a vested interest in the status quo, however for smaller [...]

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The Future of Retail: Your 5-Step Ecommerce Start-Up Plan

Friday, January 5, 2018 13:07 No Comments

So you’ve made the decision to launch an ecommerce business? Congratulations – you’ve chosen a great path for your new business. But like every new venture, if you want to give yourself the greatest chance of success, you’re going to need a solid plan. Everything from the style and tone of your content, to your [...]

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Top Tips for a Successful Start-up

Thursday, December 14, 2017 15:13 No Comments

Over the years I’ve talked to many entrepreneurs who started with a great concept and high energy yet failed to launch a successful business. I’ve also seen people who only had modest ideas and yet went on to establish large profitable companies.     These are my conclusions and top tips for a successful start-up:  [...]

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Do I need a Business Partner?

Thursday, July 13, 2017 9:29 1 Comment

Business Partners can be a help to every business from start-ups to established companies. A Business Partner will: Bring additional or complementary skills Have ideas that when added to your own create new opportunities Provide support and motivation when times are tough Share the workload May have contacts and some funding to grow the business [...]

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Once you have a business idea how quickly should you start it?

Monday, April 10, 2017 11:23 2 Comments

Business ideas are like freshly buttered warm toast, they look wonderful. But if put to one side for long enough they get cold, stale and uninviting. The first surge of excitement at discovering an opportunity needs to then have action to build a momentum, which in turn drives further action. If the initial process of [...]

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Fed up with working for someone else?

Monday, January 23, 2017 14:13 3 Comments

Working for a company can bring security (less now than in the past) and for those that are fortunate, job satisfaction. However it also can bring the stress of not being in control of your own destiny and there is nothing like creating your own business, perhaps following a passion and using fully your skills. [...]

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