Jul 1st, 2010 in
Insight |
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Nearly everyone with the slightest interest in going into business knows that they need a well-written, well researched, well considered, business plan. But there is this one pesky section that some entrepreneurs and new business owners often do not give enough importance to: the financial forecast. Your business plan is that all-important document which acts as a roadmap for the future of your venture and is the...
Mar 10th, 2010 in
Commentary |
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The recent announcement of a BBC survey that has revealed upwards of 25,000 jobs are under threat in councils up and down the country has sent shockwaves through the system. But is the prospect of job losses on such a massive scale good or bad news for those entrepreneurs looking to develop their business plans in the near future? Basically, could your venture succeed or suffer as a result of this news?
When can job...
Feb 10th, 2010 in
Tips |
2 comments
Your business plan is your roadmap to success, your guide in tough times and your sales pitch when vying for funding. Sadly, some people still don’t seem to appreciate either its vital importance or what needs to be included, or for that matter excluded when creating its content. So we’ve compiled a five point “what not to do” guide for those looking to impress with their business plan.
1 The exaggerated...
Jul 31st, 2009 in
Tips |
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There is certainly something to be said for those entrepreneurs who fly by the seat of their pants, go on gut instinct and believe in action rather than preparation – of course, the something that I’d say to them is ’What the hell are you doing?’
There are, of course, some who have succeeded in this way, but they will be the exception rather than the rule, as small business planning is essential for any new...
Apr 30th, 2009 in
Tips |
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Anyone who’s ever started their own business—and succeeded—knows just how important a good business plan can be. A good business plan is a road map to the life cycle of your venture: from joyous conception, to successful maturity and the ultimate exit strategy. To be classifiable as a ‘good’ business plan, it will require careful preparation and focused attention to detail to define every step along...