How to Use What you Have to Fund Your Business Venture

Where I live, small business funding is not that accessible compared to other countries. We do have funding via banks and other lending institutions, but choices are limited. There are some risky choices, e.g. borrowing from questionable lenders, but I wouldn’t take that path, typically due to the unfavorable terms and the lender’s reputation.

Creative business funding methods

Small business owners need to be creative to secure funding, typically for keeping their businesses to run like well-oiled machines, especially due to seasonality that may exist in their industries.

I am lucky enough to know some smart small business owners who know creative ways to fund their business activities.…

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I have Just Started My Own Business. Why Do I Need An Accountant?

So, you’ve decided to start your own business. Do you really need an accountant? After all, there are numerous apps such as Easy Books, Kashoo, and Shoeboxed easily and cheaply available online. These can help the small business owner track transactions, create invoices and keep financial documents organised.

Accountant

But that’s not all it takes to manage your business’ finances. The small business still does need an experienced, dedicated accountant. In 2014, an accountant is no longer simply a bookkeeper. The accountant’s role has changed.

Accountant As Business Advisor

Due to the ongoing developments in technology, accountants have adapted to remain valuable.…

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Financing for Businesses

You are about to realize the dream of a lifetime : starting a business. For a company, particularly a start-up one, financing is a crucial step, essential to the survival of the business. For your project to be successful, a variety of options are offered for you to acquire the necessary funds.

Business growth funding

Bank loan

Self-explanatory, this term means to loan a specific amount to the bank in order to finance customer accounts, inventories, purchase of equipment or other expenses related to the business. It is an easy path; however, it has its limitations, particularly when it comes to your borrowing capacity.…

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Covering Yourself Legally as a Business Owner

When you take the plunge and become a business owner, no matter what size that business may be, there are certain aspects you leave yourself accountable for. This is what’s known as Management Liability. You might not think it, but even the more virtual, computer-based professions can be faced with an expensive court-battle, so it isn’t just the high risk professions that are open to this.

Business legal coverage

Things are bound to go wrong, and they so often will, so ensuring you’ve got the correct insurance to cover you is extremely important. Although when you begin to research these insurance options, the whole process can seem more than a little intimidating, it is often more straight forward than you think.…

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Building Up Your Construction Company

After laying the foundations, things are finally starting to place. Here’s what to do now your construction company has left the start-up stage behind.

Construction business

Staffing

Now that you are ready to expand your construction business, you may be considering hiring full or part-time assistants where previously you have used other contractors. This is a good choice early on since it is a risk to have staff members on your pay-roll when you aren’t assured of any large income. However, if you have taken on enough clients and are assured that you can handle the risks, taking on an employee can be a much cheaper source of labour than involving other contactors.…

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Why SEO is an Important Investment for Your Business

Marketing is amongst one of the most important considerations that you should have a small business owner. While your product or service could be amazing, without the right marketing, no one will know about it, and no one will buy. There are several aspects to the marketing mix, but one of the most important is SEO.

SEO for small business

What is SEO?

SEO stands for Search Engine Optimisation. It is the act of optimising your website in order for the search engines to rank it higher and higher in the search engine results pages (the SERPs).

When you search for something online, for example “cake makers in Essex”, a series of different results appear.…

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London: How to Find Tenants in a Stifled Market

It has just been revealed that the house prices in London have increased up to £43,115 in the first six months of the year. This inflation has forced many potential home-buyers into the rental market, but recently, even rent prices have gotten too much for many.

For rent sign

So if you’re a potential landlord, how can you ensure that you can find somebody who’s going to be willing to live in your property, despite the stifling market? There are some tips you can follow to give yourself a better chance of having a stable rent income coming in. Here are just a few.…

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How to Host the Perfect Meeting

If you’re presenting a meeting – whether to attract new business, or for existing clients who want to get a sense of your business environment – there are a few things you need to consider carefully. A meeting isn’t just about the meeting of two groups or individuals; instead, it’s more of an art in getting tone, setting, presentation and equipment all right to create the perfect impression of your business and your products and services. So, what’s the magic formula to the perfect meeting?

Important business meeting

Knowing Your Audience

Before you can start planning anything, you need to understand your audience inside and out.…

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What is a Pop-up Business: Innovative Commercial Models for Beginners

There is no doubt about it, the nature of business and commerce has changed considerably during the last two decades. While this may have coincided with the evolution of the Internet and online interaction, the changes go far deeper than this and have impacted on everything from the nature of commercial investment to the types of business models applied.

BoxPark pop-up shops

One of the most influential recent trends has been the emergence of pop-up businesses, which are essentially temporary and short-term entities that are established to achieve huge profits within a short and predetermined period of time.

Understanding the Pop-up Business Model: 3 Key Elements for Novice Entrepreneurs

If the concept of establishing a pop-up business appeals to you, however, it is important to learn more and understand its core elements before making a financial commitment.…

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Understanding Business Insurance as a Fluid Concept: 3 Products to Keep in Mind

Recently, it was announced that the majority of insurance price comparison sites were failing in their attempts to meet the needs of both commercial and residential users. More specifically, the report conducted by the Financial Conduct Authority (FCA) found that these sites are more likely to confuse and disorientate users rather than helping them to choose viable insurers and policies. This is a particularly concerning state of affairs from British business owners, who must often consider a number of insurance needs simultaneously if they are to adequately protect their venture.

Business insurance coverage

3 Key Financial Insurance Products for Business Owners

Such a task is made even more complicated by the fact that not all businesses are created equal, as this means that entrepreneurs must also seek out to niche products that meet their precise needs.…

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