So many businesses need funding at some stage or another. It's important to understand that investors need a business plan as a document that communicates ideas and information, but they invest in a company, in a product, and in people.
One of the questions I regularly get asked is; “I’m experienced in running my own business and I don’t need finance so why do I need to spend time writing a business plan?’ I always remind my clients that although starting or running your own business can be rewarding, it can also be very stressful and, if things [...]
According to recent findings by RSM Bird Cameron, the smaller the SME, the less likely they are to do a business plan. Only 40% of sole ownerships complete a business plan. Business planning is critical for every organisation. Statistics show that smaller companies that don’t take the time to develop a strategic plan are consistently outperformed by those that [...]
What Is a Business Plan and why do you need one? The fundamental reason anyone should contemplate writing a business plan is to increase revenue. You should also be able to determine exactly how much you will add to your bottom line. I’ve read many business plans, including those from ASX Top 100 companies and so [...]
Creative marketing strategies help businesses drive income. This is why companies invest so much time, energy and capital into creating marketing strategies and ad campaigns. A good marketing strategy can have a huge impact on sales, brand recognition and revenue. Marketing strategies are formulated not only with the intention of promoting a product and making sales, but also with the [...]
Introduction and Definition Business excellence in today's world is becoming increasingly dependent upon brainpower and the abilities of the mind. Leaders are not just expected to lead and manage people; they are also expected to be experts at strategy. Unfortunately for many it doesn’t come naturally. As a basic concept, strategic thinking isn't difficult to [...]
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What is strategy? The Oxford English Dictionary defines it like this: Strategy Definition Oxford definition for strategy is: noun (plural strategies) a plan of action designed to achieve a long-term or overall aim time to develop a coherent economic strategy When it comes to defining strategy in a business sense, things become a bit murkier because [...]
Quisque ligulas ipsum, euismod atras vulputate iltricies etri elit. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Nulla nunc dui, tristique in semper vel, congue sed ligula. Nam dolor ligula, faucibus id sodales in, auctor fringilla libero. Pellentesque pellentesque tempor tellus eget hendrerit. Morbi id aliquam ligula. Aliquam id dui sem. [...]
Quisque ligulas ipsum, euismod atras vulputate iltricies etri elit. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Nulla nunc dui, tristique in semper vel, congue sed ligula. Nam dolor ligula, faucibus id sodales in, auctor fringilla libero. Pellentesque pellentesque tempor tellus eget hendrerit. Morbi id aliquam ligula. Aliquam id dui sem. [...]
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