The Business Plan – Is it Time for a New Approach? Lately, I’ve been rethinking Business Plans. On the one hand – in the consulting, finance, investor and academic world – what is meant by a Business Plan is a fairly comprehensive research project. It includes a thorough analysis of issues including customers, markets, competitors,
Everyone knows the saying that there are only two things of which we are certain in life: “In this world, nothing is certain but death and taxes.” History tells us that this saying originates more than 220 years ago. American-born Benjamin Franklin was a statesman, scientist, and writer who frequently corresponded with the prominent international
Startup Dreams is the most beautiful and nerve-wracking part of a Startup Journey. But time is not always available to fulfil your Startup Dreams. Time is King. The nonsense you and I grew up with telling us that Cash is King is worthless. If you don’t have time, what will a large bank account mean?
Blog Writing is a difficult task, especially if you have to write new articles for your business at least once a fortnight. Have you not yet launched a blog for your business? What are you waiting for? If it’s the justification you need, then look no further. If you run a small business, chances are
Question: Market research is vital to understand the business environment in which I will operate. I am in the process of starting my own business. Part of this process is writing a business plan to present to potential investors, which should include reliable market research. My business is a new Female Clothing Boutique selling bespoke
SME Funding access has long been seen as one of the biggest challenges to new and existing entrepreneurs. In having dealt with thousands of startups over the last decade, one of the most contentious and challenging issues to any SME is arguably the Lack of Access to SME Funding. Read More: Here’s why investors
It’s possible to be a successful entrepreneur at any age. However, starting a side-business as you near retirement has unique advantages, including your years of experience, extensive professional network, and (upcoming) schedule flexibility. One thing you will have available when you retire is more time. Why not use it to make an extra income? Here
Let’s face it. Running a new business is extremely challenging. It would help if you had every opportunity to attract potential customers to your business. However, for some unknown reason, customers are just not buying from you. Why? Here are the ten most likely reason potential customer are not buying your products or services: 1.
Although most entrepreneurs dream of having a market all to themselves, it has been shown that you’re probably better off with having some kind of competition. People usually think that with no competition the entire market for their product or service will be theirs. If nobody is competing in your space, it’s probably safe to
Colour inside the lines, use your inside voice, always ask for permission, don’t talk to strangers, don’t talk when the grownups are talking, wait your turn in line. The list goes on and on of what children are told to do while growing up. Unfortunately, children are consistently hearing messages at a young age that