There is a very famous saying: Failing to Plan, is planning to Fail This was said by Ben Franklin, Churchill and many others in some form or another. It really does apply to business plans. Did you know that 95% of businesses without a business plan fail… yes I know 87.567% of statistics are made up but […]
Business Plan – Your Operations
In this section you are going to describe your business operation on a day to day basis. It is different and unique for each and every business venture and so you should tailor this part of your business plan to reflect the market you are operating in. But as a minimum you should be discussing […]
Top 5 Startup business mistakes
We all know the statistics when it comes to startup failure rates. 50% fail in the first year, there are a multitude of reasons as to why, but we will look at the top 5 startup business mistakes and how you can avoid them. Starting your own business is a risky venture. Going from employment, […]
Business Planning Software Vs Business Plan Writers – When failing is not an option
Now when it comes to starting your own business, there is nothing more important than your business plan, there is a famous saying amongst business advisers: “Failing to Plan is Planning to Fail” Now what does this mean in the real world well what it means is this: 30% of businesses without a business plan […]
Robin Dickinson – Should we diversify in business?
I have only recently found the excellent work produced by Robert at http://robindickinson.com he is a superb cartoonist and how he captures common business issues and news stories is fantastic. If you have yet to check him out then be sure to. But two of his cartoons shown below really sparked a thought in me […]
Top 10 social media sites for 2012
We’re going to look at our favourite social media sites to help send your business into supercharge. If you are new to social networking and media, these are sites that connect you with other people, customers and companies which have similar interests but to be honest if it is completely new to you… what rock […]
Quantitative market research for a more valuable business plan
The current economic climate is having an impact on businesses large and small. What is clear is that the uncertainty means that researching a business’ market has never been more important. Market research determines the feasibility of a project and it’s a way to adapt a business’ strategy (communication, pricing policy, products range…). Good and […]
Corruption in Government or Banks? Who’s to blame for risking small business futures?
As you may or may not know the FSA has recently (June 2012) released its report on Interest rate hedging products being sold to SME’s, does this demonstrate corruption in the banks leadership; the full report can be found here: The FSA report If you don’t want to read through the whole thing then I’ll […]
