Archive for the ‘Starting a business’ Category

What will make my business more attractive to Investors?

Friday, October 6, 2017 14:28 1 Comment

Investors have a lot of choice and you are in competition with all other investment opportunities, the final decision on which gets investment will be those with the best combination of good sustainable profit and lowest risk. That may not be the highest profit, or the least risk, but an acceptable (to that Investor) mixture [...]

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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 2 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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Should you have a Business Partner?

Thursday, December 1, 2016 17:04 No Comments

Running a business is a lot easier when you have a business partner to share the highs and lows, as well as all the work. You may of course have all the skills needed for your business, but have you the time? Or are there some areas that you love doing and excel at, but [...]

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Types of Business Funding

Tuesday, August 9, 2016 12:06 No Comments

Do you need funding? Start-up businesses often think that they need to find an investor. We only have to read in the papers about the latest internet billionaire to know that big funding means big success. Yet most businesses can get going, or even grow without external investment. It depends on the amount required to [...]

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Small business marketing ideas

Tuesday, May 17, 2016 10:21 1 Comment

Small businesses can have great products and services but struggle to get sufficient customers to allow them to expand. Often this is because the owners of the business are too busy dealing with day to day activities to have time to plan or initiate the marketing activity. Yet it need not be an overly arduous [...]

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Good reasons for the use of Business Angel investment

Wednesday, March 30, 2016 11:30 No Comments

One of the key bits of information that Business Angels or Investors into a venture will want to see is how the funds are going to be used. I’ve seen every possible use given, from the perfectly sensible – “product development”, to the unlikely to succeed – “no one will lend to me any more [...]

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Business Partner pitfalls and how to avoid!

Monday, February 15, 2016 10:45 No Comments

Having a Business Partner can be a great benefit. They bring additional skills and resources, you also have someone to bounce ideas off and to share the stress & risk. But in some cases the partnership can go wrong. Occasionally it is because there was not enough due-diligence in checking the background of the potential [...]

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What Type of Business Partnership Should I have?

Tuesday, January 5, 2016 11:59 No Comments

Every enterprise that isn’t a sole trader will have people who are working together as partners to drive that business towards its goals. This can be in a business that is registered as a legal partnership (see below), fellow directors of a company, or at its most simple just 2 people working together with no [...]

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