Posts tagged finance
5 Point Checklist For Starting Your New Business

Starting a business is an adventure; the chance to build something that’s yours, that reflects your passion and hard work and enables you to do the things you love most. However, it can also be fraught with challenges, particularly in the early months so, as with all things, it’s best to be ultra-prepared before you kick off.

1.    Write a plan

I get it. Writing a business plan is not much fun.

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Why Starting A Business Has No Age Restrictions: And 3 Top Tips For Getting Off The Ground

Research shows that more and more people in their 40’s and over are setting up their own businesses. There are various reasons – redundancy, the difficulties surrounding childcare, the undeniable urge you feel at a Certain Age to change your life for the better and leave the rat race.... Whatever they may be, us Mid Lifers are taking the plunge and becoming our own boss.

And so we should! Whilst the initial start up phase is difficult, the long term benefits of working for yourself are immeasurable, particularly at a time when you want to start winding down your work life a little more in favour of spending more time with family or pursuing hobbies and interests. Life isn’t all about work; finding a balance is key.

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The Secret of Upselling: 5 Tips For Making More Money From Your Clients

Unless you are extraordinarily lucky, or perhaps have a niche business in a sector that no-one else is in, you need to be continuously thinking about new customers. How to find them, how to get them to buy from you, and buy again, and keep them buying.

Upselling, alongside cross-selling (which I’ll be covering in a later blog) is the answer; in its simplest form, this is the process of selling additional items, upgrades or more expensive services/products to current clients/customers.

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5 Reasons Why You Need To Write A Business Plan (And Use It)

When I started my first business in 2000, one of the things I knew I had to do was to write a business plan. It’s number one on the official checklist of Things to Do When You Start Your Own Business.

I spent a week or two hunched over my computer, researching potential customer groups and competitors, and pulling together all manner of financial information, before assembling it all in a folder, bought especially for the job; and then filing it away on the shelf above my desk and never referring to it again.

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