Category: Business Planning
80-20 rule of customer buying
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There is an old rule in business that predicts 80 per cent of your sales will come from just 20 per cent of your customers. This is largely true. Typically, you get the lion's share of your sales from people who ju...
Business Start-Up Cash Needs Form
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Before you can start your new business, you will need to know how much cash you will need onhand to pay the initial start-up costs. This form not only gives you an idea of what you need to consider but also allows you...
Are you ready for the business challenge
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Why be your own boss? Many entrants to business start off with very general goals and aspirations: "I wanted to be my own boss" "I was tired of taking orders from someone else" "I want the freedom to do my...
Are you ready to run a franchise?
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There’s an old proverb that states, “Businesses don’t fail, people do.” Sure, businesses are affected by strategies employed by competitors, market saturation, etc., but the ability to plan and adjust to market condit...
Attainable New Year’s resolutions – really!
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New Year’s resolutions about losing weight or organising the garage may not last more than a few weeks, but it’s possible to start the year with plans for your business that will persist for a full 12 months - or even...
Business security procedures to adopt
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Securing your business does not have to be overly expensive. Firstly, you can start by making sure you have the basics. This includes installing deadlocks on all doors and windows. Even if someone breaks in through...
Countdown to New Year’s strategies
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Today’s environment is uncertain. No-one really knows to what extent recent world events will impact our economy and for how long. Whilst you may not be able to change the economic environment, we can help ensure t...
Creating a KPI action checklist
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This section provides some strategies which might help improve your firm's performance. The lists do not cover all objectives, or all options, but may help show some suitable techniques. While reviewing this materi...
Creating goals and following them
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Don’t waste time on empty wishes for your business. Get in the game and make it happen. Are you whining because things aren’t happening or working to transform your dreams into reality? Consider these que...
Goal setting
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Tip: Have your goals written down on papper that you have in your office. Writing goals make them seem real. Brainstorm your goals, and be unique to offer something that no one else offers. The full version for thi...
