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02/09/2010
1. Source a good financial team
If you do not feel confident in the area of finance it is really important that you find people you trust. You...
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02/09/2010
When economic conditions deteriorate, small businesses can be the most vulnerable. However, it is not usually lack of profitability that...
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02/09/2010
Why do companies need insurance?
The majority of businesses will require some sort of business insurance policy. The cover you take out depends...
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02/09/2010
When you are focused on running a business, it is easy to ignore the possibility of something happening to stop you earning income and your...
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02/09/2010
Controlling Costs
Your chartered accountant can help you to draw up a realistic budget and show you how to get the necessary information from...
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02/09/2010
Understand your customer. Why do they buy from you. What is it about your product or service that makes them choose you over the...
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02/09/2010
Inevitably you will need more finance than you first assumed, so a good rule of thumb is to factor in percentage 'fat' into your...
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02/09/2010
A good way of reminding yourself how banks make lending decisions is to remember cocktails, specifically Campari and Ice!
C = Character. Does...
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02/09/2010
You Lose Your Focus
For those who enjoy dynamic environments and the cut and thrust of being in a busy office, working from home may not be...
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02/09/2010
With the burgeoning of the Internet and the introduction of other sales and marketing techniques and channels, there is still no substitute for...