Business Plans

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Image by betsyweber You’ve had a great idea bubbling away in the back of your brain for a few months, maybe even a few years, and you think that now is the time to act on it and start your own business. Whoa there! Before you hand in your resignation to your boring boss and [...]

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A business plan is essentially a guide to putting up a business. It details how you will find and hire employees, expand the business and everything else in between. This becomes the point of reference for business owners on what their goals are and the basis for measuring success or development. Here are some of [...]

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Introduction In launching a new business, one of the most important decisions you will make is giving your company a name. Your company’s name is its identity; the name is how your company will present itself to customers and the general public. Several potential pitfalls exist that can result in your choosing a name that [...]

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Running your own small business can be hard work, but don’t make it harder on yourself by making sure you are on top of what you can control. Finance can be tricky to navigate, but with some forward planning and a little restraint when it comes to spending, it could be smooth sailing for you. [...]

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It is a sad fact of business life that around half of new start-ups fail within the first year, and a significant further proportion fail in the first three years. However, this alarming statistic should not put you off starting a new business as, with the proper planning and a sound business approach, there is [...]

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There are many advantages to operating a business from a home office. A short commute, tax deductions and the freedom to set your own hours are some of the benefits to running a business from home. While working from home is convenient, it takes some planning and motivation to ensure business success. By following these [...]

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When deciding to start a business, it is important to know which legal structure will be the best so the company attains its greatest potential. Every structure comes with different benefits and drawbacks, which is why every choice should be reviewed thoroughly before a decision is reached. While the exact variations vary from country, the [...]

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Most business owners secretly wish they could grow and expand their venture. Whether it is a second location, hiring more employees or upgrading the computer systems, the need and desire to grow a small business into a larger, more profitable endeavor is often a scary step. Here are four of the most common situations that [...]

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Image by RambergMediaImages If someone starts talking about SMART objectives or targets in the staffroom do not fear, they aren’t referring to your creased shirt or the ladder in your tights. Neither is it a secret managerial codeword for something sinister or unnerving (Secret Meeting About Rebecca Tonight!). SMART is an acronym outlining five key [...]

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Whatever the niche of your business, it is important to keep your eye out for the first signs of trouble. As a start-up, you have the hard task of establishing yourself in an already crowded market, and making sure your USPs (unique selling points) speak for themselves. But what are the signs of trouble to [...]

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