Tag Archive for Business Ideas & Planning

How to create a new business model in a crowded market

Our backstory is typical of entrepreneurial businesses; a gap in the market and a huge desire to solve a problem. The problem was a lack of practical legal support and management, often left to an over-busy COO or CFO. The gap was fuelled by the 2009 financial crisis of slashed headcounts and budgets, as well
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Pre-revenue business profile: BIZL

In our new pre-revenue series, we take a look at the businesses with minimal sales histories that nevertheless have potential to fly. Here, we speak to Josh Greenway of BIZL about the birth and development of his business finance comparison site. What is the business, when was it started and what were you doing beforehand?
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How to start a small food production business and succeed

Turning your passion project, be it cake making, vegan pizza or smoked hummus, into a sustainable and successful business isn’t easy. The Independent reported in 2017 that nine out of ten food and drink start-ups fail, but that shouldn’t diminish your hope of being the next big success story. If you can properly plan and
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How the UK’s small business communities are succeeding

There are small businesses scattered across every part the UK, providing creative, diverse and wholly original offerings. You’ll find a sole trader or small business owner in every village, town and city in our country, sometimes going it alone, sometimes tapping into the wider network available there. But head to one of the UK’s many
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The essential guide to starting and growing an online business

If there was any doubt that the internet is the place to be for businesses today, recent figures from the IMRG Capgemini eRetail Sales Index have shown that some £133 billion was spent online with UK retailers in 2016, £18 billion more than the amount spent online in 2015. It is clear that in today’s
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The key considerations to make when embarking on an entrepreneurial adventure

The UK is one of the most entrepreneurial countries in Europe. In 2016, nearly 660,000 new businesses were set up, however the three-year survival rate was last recorded at only 53.7 per cent, with London below average at 50.1 per cent, according to the Office for National Statistics. Setting up a UK-based business is generally
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How to launch a successful crowdfunding platform

Crowdfunding sites like Kickstarter, Indiegogo, and Seed Invest have gained their popularity because of the value they present to investors, backers, and people willing to try new products. But creating one from scratch will take some effort on your part. Fortunately, this guide was designed to give you three quick tips to help ensure that
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How businesses can create a successful niche even in a mature market

Digitisation is transforming the world around us in myriad ways. 3D printing, big data, blockchain, Bitcoin, the sharing economy, mobile connectivity, social media, cloud services, the internet of things, artificial intelligence, and automation are all coming to a town near you – and very soon. These are threats for many organisations, but they also create
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