What is the Relevance of Business Plans today? Entrepreneurs who are starting a new business often wonder, “Do I really need a business plan? Is writing business plans really the best use of my time?” The answer to these questions is almost always, Yes! Business Plans are an integral part of starting a new business.
Do you Need more Startup Advice? Yes, you do! Startup advice seems to be everywhere! Over the past several months, we’ve all noticed companies closing down due to the COVID-19 Lockdown. And today, 5 months after the national lockdown was instated, more and more companies are closing their doors for good. We can all debate
A Business Plan Template will not help you on your business journey. In fact, a Business Plan Template can do more harm than good. Having a new business idea is great! But, without a business plan, or using a generic cookie-cutter business plan template a business is essentially rudderless, and day-to-day activities are likely to
Feasible or not! Feasibility; an important component that so many new entrepreneurs fail to consider. Before you get to the stage of starting your own business, and opening your doors for the first time, there are two vital aspects that most individuals find very difficult; firstly, getting a new business idea and determining whether this new
REP-U-TA-TION: The estimation in which a person or thing is held; especially by the community or the general public; repute: a man of good reputation. “A man (woman) of good reputation”. If you are like me then that is definitely how I want to hear people talk about me and how I conduct business. Reputation is everything in the Business World. Whether you’re an online company or a multi-billion dollar corporation,
Running a small business can be a juggling act. Entrepreneurs must make important decisions on the company’s future, without neglecting the more banal responsibilities of keeping on top of emails and accounts. Time management is essential to ensure no part of the business is ignored. Time Management is the creation of tools and processes that