No business can know exactly what the future holds. Budgeting reduces the level of uncertainty, helping you anticipate problems, learn from the past and improve your ability to control the business.
The rhetoric for change includes words like growth, innovation, outsourcing, redundancy, relocation and diversification. But most changes are minor. Copyright © BHP Information Solutions Ltd.
When setting up a new business one of the first questions you must answer is ‘Will I need finance to set up my business?’ This might be to fit out a premises, to pay staff while they are training or to buy equipment.
Decisions you take in the early years of your business can be the most difficult as well as the most important, particularly if you are a first-time entrepreneur. Make those crucial first steps with confidence.
Running your own business can be an immensely rewarding experience. Approximately half a million new businesses start each year in the UK. Decisions taken in the early years can be the most important.
The way you run board meetings says much about how you run the company. Successful companies use board meetings to improve key strategies. Copyright © BHP Information Solutions Ltd.
It pays to consider all options when choosing business premises and not take the first property you see. There are a number of issues you should address when buying or renting a business property.
You’re ready to start your new business; you’ve done your research, tested your product and obtained the best advice you can.There are a few more things you need to consider before you start trading.
The way a business is financed can have an important effect on profitability, especially when interest rates are likely to change. It may be possible to reduce interest payments on loans or overdrafts.
Potential start-ups can be daunted by the prospect of writing a business plan. But it is not a hard process and a good business plan can secure you financial support. Copyright © BHP Information Solutions Ltd.
Finance of £25,000 – £750,000 can be extremely difficult to obtain, with banks requiring security and venture capital firms often not interested. Copyright © BHP Information Solutions Ltd.
Crowdfunding is a way of raising money to finance projects and businesses. It enables fundraisers to collect money from a large number of people via online platforms. What are your options?
Effective marketing is crucial to the success of any business. But simply understanding your market is not enough. You will need to build on your marketing plans. Copyright © BHP Information Solutions Ltd.
Buying a franchise allows you to set up your own business without starting from scratch. You use a tried and tested formula, and benefit from the experience of the franchisor. Copyright © BHP Information Solutions Ltd.
When you’re setting up a new business, one of the major decisions you have to make is the type of company it will be. Each different format has different implications for tax, ownership and responsibility.
Learn to control your time, you can create a productive working environment for you and your staff. Fail to control it, you can spend your life in a depressing cycle. Copyright © BHP Information Solutions Ltd.
What is the state of the UK Start-Up community in 2015 and how can business guidance play its part in 2016? Download our report for rich insight into how the state of the start-up industry in 2016.
Many dream about starting their own business, but few have the courage, perseverance – or the appetite for the ﬁnancial risks involved to do it. Are you ready to take the plunge and start a business?
In a world of change and competition, innovating is not a luxury, it is essential. All businesses need to innovate and leap into the unknown at some point to thrive. Copyright © BHP Information Solutions Ltd.
Whether you are the managing director or a shift leader, the way you lead is the single biggest success factor for everyone you work with. Leaders change things. Copyright © BHP Information Solutions Ltd.
The Enterprising Regions Report is a collaboration between small business network Enterprise Nation and the Institute of Chartered Accountants in England and Wales (ICAEW). What makes an enterprising region?
You need finance to back your growth plans. Our popular Business Finance Guide has been UPDATED. For any business to travel on a journey it needs at all points of that journey to be appropriately financed.
The aim of this special briefing is to encourage the busy startup, or entrepreneur, to stand back for a moment, away from all immediate concerns. Copyright © BHP Information Solutions Ltd.
This report highlights four areas that we believe have the potential to improve the success and survival of start-ups and micro businesses.