What Do You Do? This is the most common question I ask after reading a business plan. Strange isn’t it? A business plan is all about the business, what it does, what it will do, how it will do it etc. Which makes it all the more surprising that so often a business plan can
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5 Business Plan Essentials If you have ever searched Google looking for a business plan template or a guide to writing a business plan then you will have come across all number of things purporting to make something simple complicated. As a former employee of HSBC, we used to joke that HSBC stood for ‘How
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The Worst Business Plans Ever Many years ago a client came to me with a proposal for designer clothing. Sounds OK so far. But this designer clothing range was for ferrets. That means ferrets walking around with diamonte collars, slogan t-shirts, even funky winter jackets. This may be the time to scoff, but out of
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Business plans, we talk about them a lot. Which, got us thinking. We really should offer something for our clients to use themselves. So, after a lot of searching, seeing what is good and bad. Then taking out anything we thought would make life difficult we came up with a business plan template. It is
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Sensible Business Plan Seems like common sense doesn’t it? Having a sensible business plan in place sounds like the thing every company should have. So why is it that so many businesses don’t seem to have a sensible plan in place? When we talk about sensible business plans, what we mean is something that is
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Strategic thinking is something that can be a concept that bypasses the small business operator. Too often the biggest strategy a small business has is completing the job in hand and winning the next sale. Small businesses are in the unique position that they are flexible and adaptable enough to change at short notice, to
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The latest survey results from the Federation of Small Business’s (FSB) small business index showed some interesting results. The small business index has run since early 2010. The index shows that confidence among small business operators has reached an all time high. At the end of quarter 2 the confidence index reached 15.9, that is
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We are always keen to promote the benefits of good business planning, however getting the small business to see the benefit can be a challenging thing to achieve. In its very simplest form a business plan should set out some goals, it should highlight some areas of concern, and it should allow you to address
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