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Starting a Business

Starting a new business is an exciting time. However it also brings a lot of new challenges and it is essential that informed decisions are made. This section contains everything from Internet based products that save you time and money to advice on business planning for startups.

 

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A Simpler Plan for Startups

Business advisors, experienced entrepreneurs, bankers, and investors generally agree that you should develop a business plan before you start a business. A plan can help you move forward, make decisions, and make your business successful. However, not all business plans are the same, not every business needs the same level of detail. You might develop [...]

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Your business plan is a living document

As you review implementation results with the people responsible, you will often find the need to set new goals and make course corrections. Keep track of the original business plan and manage changes carefully. Although changes should be made only with good reason, don’t be afraid to update your plan and keep it alive. Business [...]

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Small Business Plan

Looking to write a small business plan?
If yes, you’ve come to the right place. Regardless of the size of your business, a business plan is an important element in helping you ensure that your small business has every chance of surviving and prospering.
While business plans are synonymous with start-up’s they play a vital role in [...]

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The Business Pitch

The pitch
The use of phrases such as ‘business pitch’, ‘elevator pitch’ and ‘video pitch’ have grown in popularity in recent months. But what are these terms and what do they mean for entrepreneurs? This short article describes the concept of pitching in detail, as well as recommending some tips for those needing to pitch their [...]

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Free Online Tools for Business

Most start-ups need to keep their costs down when they start out, as revenue is uncertain. There are a bunch of free online tools that can help you manage your business costs more effectively. The companies running some of these tools rely on word of mouth as their primary marketing technique and hence some of [...]

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Planning in times of uncertainty

Business Planning Tips
In the past few weeks we have witnessed a period of unprecedented economic turbulence and instability. Of course this uncertainty is not just affecting us here in the U.K., but in a globalised economy it is affecting people right across the world. Years of consistent economic growth have given way to rising unemployment, [...]

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Bootstrapping your way to success

Getting started without external funding
Economic downturns tend to be self fulfilling. We all help to drive market conditions, so if we all decide to ‘batten down the hatches’, and become more risk averse we all contribute to prolonging a downturn. However though it may sound counterintuitive, an economic downturn is as good a time [...]

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The Definitive Guide to Starting a Business

Starting a new business is a very exciting time – however, it is also very challenging. Luckily there is plenty of help at hand for those who are clever enough to look for it. Did I say clever? Yes, I did, because many entrepreneurs charge headlong into their pet projects without giving due consideration to [...]

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Are the days of owning things coming to an end?

The launch of the Zilok website in the U.K. (May 2008) reaffirmed to me that the way we have been consuming for many years in Western Society is changing. The raison d’être for Zilok goes something like this:
“Why own a ladder or a drill when you only need to use it once a year [...]

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Where to Start? An A to Z Guide for Entrepreneurs

Starting a new business is a very exciting time – however, it is also very challenging. Luckily there is plenty of help at hand for those who are clever enough to look for it. Did I say clever? Yes, I did, because many entrepreneurs charge headlong into their pet projects without giving due consideration to [...]

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