Top 10 Topics Needed in an Awesome Market Analysis
To conduct a thorough Market Analysis, you must cover various topics. In this article, we’ll discuss several important ones — and what you should include in each. A market analysis assesses any given market, including qualitative and quantitative research. Conducting a thorough market analysis as a key piece of your business plan ensures that you […]
An Effective Elevator Pitch: 4 Exciting Tips For Startups
An Elevator Pitch is a quick and concise way to introduce your business to someone in a short amount of time. It should be clear, concise, and to the point. You want to make sure that you capture the listener’s attention and leave them wanting more. A great tool to communicate your idea to the […]
The Business Plan Writing Debate in 2022 – Bold Arguments for and Against
The Business Plan Writing Debate occurs regularly among scholars, academics, and business owners. Business plan writing is an integral part of the business world. One of the hallmarks of a proper business plan writing process conducted by a seasoned Business Plan Writer is being open to strategic recommendations and critique. Any reputable Business Plan Writer […]
5 Reasons Why Your Startup Business Plan is as Vital as Death and Taxes
Your Startup Business Plan is as Important as Death and Taxes. So, you are ready to start a new venture but are contemplating whether you need a Startup Business Plan. Perhaps one of your friends advised you to write one, but you are wondering whether it will just be a waste of valuable time. With […]
5 Steps To Supercharge Your Customer Referrals
Customer Referrals are the bread and butter of any business owner. It is no secret that “Word of Mouth” or Customer Referral Business is one of the most effective ways to bring in new clients while simultaneously strengthening relationships with your existing customer base. But even though it is extremely powerful and virtually free (or […]
What is a Financial Plan? 6 Important Answers
When referring to a Financial Plan as an integral part of a Business Plan, budgeting usually comes to mind. However, financial planning can be much more when done systematically and look at a forecast period beyond 1-2 budget years. Financial plans often focus on forecasting and analysing a company’s financial future. The forecast period typically […]
5 Top Tips to Write a Great Competitive Analysis
The competitive analysis section of your market analysis is essential. Knowing your competition is as important as knowing your product and your customer. Market gaps tell you where to develop your product or service, and internal weaknesses tell you where you’re vulnerable to losing customers. A solid competitive analysis shows that you know exactly where […]
8 Tips to Help With Your Startup Fundraising
Businesses and startups typically need funds to take steps towards achieving their vision. Startup Fundraising can be a tedious task. While reinvesting the profits into the capital is straightforward, the amount to be reinvested may not be enough by the time the capital is needed. The funding obtained from the capital can be used by […]
12 Tips to Avoid Bad Cash Flow Management:
Having worked with SMEs for more than 16 years, I have been privileged to provide advice to clients in almost every industry. However, by working with all kinds of SMEs, ranging from sole traders to multi-site operations, I have unfortunately witnessed a lot of business failures. There have been various reasons for this, including trading […]
More Top Startup Advice for 2022! Seriously?
Startup advice seems to be everywhere! Over the past two years, we’ve all noticed companies closing down due to the COVID-19 pandemic. And today, almost two years after the dreaded month of March 2020, more and more companies are closing their doors for good. We can all debate the legitimacy and the attack on our […]
Afraid of Failing in Your Business in 2022?
As we are entering 2022, are You Afraid of Failing in Your Business? Don’t Be! I Failed Too. In our society, failure has become an unmentionable occurrence. None of us likes to talk about it. But we all know it’s there. Scrolling through articles, social media posts, etc., we look at other “successful entrepreneurs”. These […]
7 Critical Tips: Millennial Entrepreneurship
Millennial Entrepreneurship will be a hot topic in 2022. You already know who Millennials are: people born between 1982 and 2000. But who are Millennipreneurs? They may not be small business owners yet, but entrepreneurship plays a significant role in their lives. According to a survey of millennials by EY and Economic Innovation Group, 78% consider […]
