How to write a business plan for you, not the bank
When you decide it’s time to get your business started, you’ll find the first piece of advice given by most experts is to “get a business plan written”. And they’re right; that is the first…
How to make a cash flow forecast for a startup
How can I forecast my cash flow when the business doesn’t even exist yet? That’s a question most new startups wrestle with as they are planning their new business. It may seem to some to…
Market research – what do you need to find out about your customers?
Market research is often assumed or anecdotal. A few good words here and there, enthusiastic leads, handshakes and happily resolved issues from existing customers can lead to the pleasant feeling that you know your market.…
Short and long term financial planning for small businesses
Planning ahead is important. It helps you to understand where you want to get to and how you’re going to get there. However, financial planning can be a bit of a mystery for many small…
How to restructure and reorganise your business
Restructuring a business can be a turbulent time; you may be juggling legal issues with disgruntled employees, expansion plans with uncertain investors or faced with frustrated customers.
5 warning signs your business plan is unrealistic
As you start up your business, the need for a well thought through business plan is clear. Even if you are just going to be you sitting in your spare bedroom selling things over the…