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How to Cope with Rising Utility Bills in Your Business
Rising energy costs are the most pressing issue for small businesses in the coming year, ahead of Brexit red tape, supply-chain disruption, and even the ongoing impact of the Covid-19 pandemic. As per the Federation of Small Businesses (FSB), rising gas and...
Who Reads a Business Plan?
Business plans are comprehensive written summaries that describe how a company should ideally run. The market study, competitor analysis, operational and strategic marketing goals, financial projections, and short- and long-term objectives are all included in...
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3 Tips to Brainstorm a Unique Business Idea During the Pandemic
The global health crisis has filled the world with uncertainty in many ways. Millions of people have lost their sources of income, and many countries have returned to various forms of lockdown. Given all the adverse world events that have been covered by the news, it...
Writing a Business Plan for Beginners – What to Know
Starting a business is challenging, but having a plan will make things more manageable. A business plan serves various purposes for startups, and whenever you have a complicated situation or a tough decision to make, you can always defer to your business plan. Having...
4 Reasons Why You Need to Create a Business Plan
Whether you’re running a small business or a big company, developing a business plan is essential to help you achieve your goals. It serves as the framework of your business, which involves concepts, techniques, and ideas that you want to see come to life one day. At...
5 Crucial Components of a Successful Business Plan
Everything in life revolves around planning, especially when it comes to establishing a business. Be it an established or startup company, you need to create a business plan to become a profitable organisation. A good business plan acts as your blueprint towards...
5 Things You Could Do With an Effective Business Plan
Creating a business plan is an essential part of building a business. It should serve as your roadmap and inform all your decisions. Everything should be in your business plan, from marketing to finance and even product or service details. It can be tempting to go...
3 Common Business Plan Mistakes You Need to Avoid
There are many reasons you need to make a business plan, and one of the most important would be to attract investors. With their help, you can get the financial support required to kick-start your business and start growing. That said, few business plans come out...
Starting Your Company Right: Why You Need a Business Plan
Although it’s easier to set up entrepreneurship with today’s modern technology, it’s undeniable that many companies fall off before they reach their prime. This is because inexperienced business owners don’t know what direction to take their business. As a business...
The Advantages and Disadvantages of Venture Capital
Venture capital is a good way to raise money quickly for a startup or business. With more resources than just lump sums of money to distribute, venture capital companies are a core asset for a lot of new and promising enterprises. Assessing venture capital...