If you’re planning to put your business on the market, getting it ready for sale beforehand is crucial to avoid scrambling to put things in order, when potential buyers are...
Crowdfunding is when you raise capital from the ‘crowd’, or the general population. It’s usually facilitated by online platforms such as www.kickstarter.com and www.indiegogo.com (ask your industry networks or search online for what may...
1: Understand who your customers are and what they want The first step is to identify your ideal customer and their buying triggers. Conduct market research (surveys, focus groups and...
If you’ve been in business for some time, it’s useful to know the money you’re spending on advertising and promotion is still bringing the results you expected. It’s a good...
Forward planning and preparation, ideally a few years in advance, will increase your chance of getting the very best price for your business. Whether you’ve already found the right buyer,...
Arguably one of the most important decision you’ll ever make in your business is your choice of business name. A good name can create the perception of integrity, professionalism or...
The sooner you know something needs fixing the earlier you can remedy the issue and the stronger your business will be. The absolute worst-case scenario in a business is when...
There are many accounting indicators to see how you are tracking, often ratios like net profit, gross profit, current ration, stock turn and debtor days. But there are so many...
Most businesses seek to increase their profit year to year. Here are five cumulative ways you can look to increase your bottom line. 1. Increase your leads First, build a...
It’s important to start organizing your business for sale as early as possible. If you plan ahead, you’ll be ready when the time comes to help the business through its...
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