Archive for the ‘Starting a business’ Category

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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Make your business scalable – the Investor holy grail

Thursday, November 12, 2015 12:09 No Comments

Firstly let me say what I mean by scalable. That each new customer produces additional revenue for very little addition cost. Think of software for example, once the costs of developing and producing the first copy are met, each additional sale of the software has minimal costs.  Whereas a service orientated business such as consulting [...]

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What is due-diligence and how do I do it?

Tuesday, July 14, 2015 10:53 1 Comment

Due-diligence needs thinking about for Investors when they are about to embark on an investment. However it’s just as applicable for those who are seeking investment to check out a potential Investor. In both cases you should verify that the person, business and facts as stated are correct. That’s not being mistrustful it’s just being [...]

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What your business premises say about you

Tuesday, April 7, 2015 9:43 4 Comments

Unless you are running a business that must have a high street store, many Start-ups begin in a bedroom or garage and as they grow expand into larger more business specific accommodation. However can you really engage with customers if you are working from home? It depends on the type of business, much can be [...]

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Don’t make this mistake in your first conversation with a potential business partner or Investor

Sunday, March 1, 2015 10:52 3 Comments

You don’t know when you might bump into or be talking to a useful contact, business partner or even potential Investor. This first conversation is your best chance to impress and could determine whether you get a second more detailed conversation or meeting. So grab the chance to explain your business, or idea, in a [...]

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5 ways to be a success this year

Thursday, January 8, 2015 18:02 No Comments

1. Work on your brand and image. Success breeds success and perception is reality. The reason these truisms exist is that they are, well…. true. What do people think when you communicate with them? Do they want to be a part (either as a customer or an Investor) of your successful and dynamic business? Perhaps [...]

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Are you ready for investment?

Tuesday, November 11, 2014 12:45 No Comments

Being investment ready is key to getting funding. Yet when talking to entrepreneurs they often have not taken the time to think it through. You are up against a lot of competition for business investment. Some may be better prepared than you to give the potential Investor confidence that his investment will be well spent [...]

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