The story of every entrepreneur is unique and different but each one starts with taking a chance on a dream and with someone starting something. Most of the times it fails and sometimes it turns out big. There is a saying that there are three types of people living in the world, one who always […]
Click to Read This ArticleTake a Generalist Approach Be a generalist. Although some people like to just focus on certain areas of running a business, having an all round general knowledge in various subjects empowers you as it enables you to be flexible. This is because it is essential to: comprehend the fundamental rudiments of the way a business […]
Click to Read This ArticleWhen it comes to intellectual property rights, there’s a lot of conflicting information out there. Whilst delegation is a wonderful concept, as the solo participant in your small business, navigating this information is essential. Your brand is your identity when working alone, and therefore you’ll need to personally know what to do to keep your […]
Click to Read This ArticleOne common point of contention for solopreneurs is whether or not to draw up a budget. Many don’t feel it’s necessary for a solopreneur to have a budget, at least in the early going. After all, when it’s difficult to predict your revenue from month to month, how can you even make an accurate budget? […]
Click to Read This ArticleIt is a sad day when one of your brightest stars comes to you and announces they are leaving for new pastures. They tell you they have been headhunted or that they need a new challenge. Whatever the reason, there is nothing you can do to change their mind and away they go. This type […]
Click to Read This ArticlePretty much every business now relies on computers to get any work done. For start-ups and most SMEs, aside from office space, sourcing computers and all the essential equipment related to them is likely to be the biggest initial expense. Therefore it is important that the best value is gained when purchasing such items. Going […]
Click to Read This ArticleThe press would have us believe that it is very easy to start a business with nothing. App developers and tech companies seem to have no problem attracting investors, but what about the ordinary man on the street who has a great idea and has spotted a gap in the market? The good news is […]
Click to Read This ArticleKeeping costs down as much as possible is an important part of running a successful business. Keeping costs down where possible allows for increases in profits and better financial allocation for key resources, expansion and so on. However, saving money can also be tricky when you take all the overheads and external factors into consideration, […]
Click to Read This ArticleGenerally, you would expect that a small business operates on a modest basis, with founders investing personal funds, such as redundancy payments or other family income, in order to kick start an enterprise. However, sometimes it’s possible to approach bigger investors to support your entrepreneurial idea. There are many positive outcomes that can be gained […]
Click to Read This ArticleStarting a business is a huge step, no matter who you are. There’s a lot of reward, but the risks are big, too. People often don’t realise this, so here are the risks involved in starting a business. Loss of Savings It’s always best to keep your business life and personal life totally separate, […]
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