Starting a Business

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Ten Ways to Evaluate a New Business Idea

Every business venture starts with an idea. That idea may be as simple as opening a shop that features local artwork or as complex as creating a new biotechnology company. Either way, your success depends [more…]

Recommended Online Resources for Business Planning

The Internet is a gold mine of business-planning information and resources. As you delve into the riches, begin with this list of popular sites where you can find useful and reliable tips, tools, and examples [more…]

What Succession Planning Can Do for Your Organization

In today’s rapidly changing world — with its new technologies, new markets, and new global mobility — succession planning matters more than ever before. The success of your organization depends on the [more…]

How to Develop a Succession Plan

Whether you’re developing a succession plan for a small family business, a large nonprofit organization, an educational institution, a major corporation, or a government organization, the process boils [more…]

Your Best Sources of Help and Advice for Your UK Business

You’re not on your own when setting up or running a business. The following organisations in the UK offier a wealth of information and expertise if you need help from filling in your tax forms to recruiting [more…]

Your Business's Good and Bad Customers

Good customers are the ones who bring a smile to your face, the ones you like serving, the ones who appreciate you, the ones who keep you in business. You want these customers to keep coming back time [more…]

Learn from Your Business's Lost Customer

You can often gain a better understanding of your most loyal customers by taking a look at the customers you’ve lost. Your former customers may paint a rather grim picture for you, highlighting where and [more…]

What Makes Your Customers Tick?

A good way to begin carving out your market segments is by researching who buys your product or service. If you focus on individual consumers, discover a bit about how they live their lives. If your customers [more…]

Business Plans for Canadians For Dummies Cheat Sheet

More than anything else in business planning, how well you know your customers ultimately determines how successful you are. It is vitally important to better acquaint yourself with your customers so that [more…]

Business to Take Care of Before You Open Your Food Truck

Your food truck is a business, so you need to get the necessary forms filled out and filed before you hit the streets and open your service window. Use the following list to ensure that you have the accounts [more…]

What to Consider When Selecting a Mobile Food Platform

Determining what platform, or vehicle — food truck, trailer, or cart — to use to present your menu to your customers requires that you consider the following factors: [more…]

Running a Food Truck For Dummies Cheat Sheet

Running a successful food truck is tougher than it may appear. You must plan and prepare everything that a fine dining establishment does (except the china and linen napkins), such as concept development [more…]

Three Things Investors Look for in Online Start-Ups

When screening new online business start-up ideas, investors generally make a call whether or not to invite you in based on these three key factors: [more…]

The Value of a Business Continuity Plan

A business continuity plan is essential because dealing with a major disruption places different demands on managers than day-to-day business; the situation will be unfamiliar and decisions more critical [more…]

Why Business Continuity Matters

Even the best businesses can suffer disruptions and emergencies. Even if you didn’t cause the problem, you may have to sort it out, so it makes sense to be prepared. Business continuity: [more…]

Making Business Continuity Work

If you manage disruptions and emergencies well, they may do little lasting harm and might even strengthen your organisation. Mishandling small disruptions can be costly both in terms of money and reputation [more…]

Business Continuity For Dummies Cheat Sheet (UK Edition)

Business continuity is all about having plans in place to enable your business to cope if disaster strikes in the form of fire, flood, terrorist attack, or simply if a key supplier lets you down. Here [more…]

Crowdfund Investing versus Credit Card Financing

Can crowdfund investing reduce the necessity of relying on credit cards? Very possibly — if you can plan far enough ahead to anticipate your upcoming expenses and spot future opportunities for growth before [more…]

Part of the Series: CrowdFund Investing: 4 Other Types of Financing

Crowdfund Investing versus Traditional Bank Loans

Should you look to crowdfund investing to completely replace your need for bank loans? Probably not, even if you opt for a debt-based crowdfund investment structure. Instead, your goal may be to seek a [more…]

Part of the Series: CrowdFund Investing: 4 Other Types of Financing

How Self-Funding Your Business Differs from Crowdfund Investing

Self-funding your business differs from getting crowdfund investing support in a major way — one involves your own wallet, and the other involves a whole bunch of other wallets. [more…]

Part of the Series: CrowdFund Investing: 4 Other Types of Financing

What Are Business Incubators?

In the context of business finance, an incubator has nothing to do with hatching eggs. It’s an office space where startup companies are helped to grow by providing them guidance and counsel in a controlled [more…]

Protect Your Business’s Intellectual Property when Using Crowdfund Investing

If you’ve seen the movie The Social Network, you understand the need to protect your intellectual property. When using crowdfund investing strategies, you need to protect yourself and your business. You [more…]

Weigh the Risks and Potential Rewards of Crowdfund Investing

On average, 50 percent of investments in early-stage companies fail. So, the risks of crowdfund investment seem pretty clear: You can lose some or all of your money. [more…]

Being Agile in Your Pop Up Business Planning

Pop ups are fast, furious, flexible and fun. Planning is essential to success, but plans for pop up businesses are living, working documents, not set in stone. Aim to use agile methods [more…]

Considering the Best Use for Your Pop Up Venture

When planning your pop up, be clear about what it does. Pop up businesses use an empty or underused space to do something exclusive, distinct or special. They have a clear start and end date, and don’t [more…]

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