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Starting Up

You’ve come up with that bullet-proof business idea. Numerous micro-pitches have been made over drinks. You’ve planned, plotted, dreamt, and now what? How do you translate your concept to money in the bank? Or, more importantly, how do you do it successfully? Informi give you an insight on how to get started and get prepared to climb the entrepreneurial ladder.

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Setting up a business venture is an exciting time. Armed with a solid business plan and the drive and determination to succeed, it’s time to see your ideas finally take shape. Whether your business is a local retail outlet, a graphic design consultancy or a mobile hairdresser, there’s a lot to think about and your start-up budget will be stretched every which way to get ready for launch.

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To start a business whilst studying may seem incredibly daunting, you may feel like it’s not the right time or that you’re not ready. However, having access to your student resources could be hugely beneficial for starting up your business and to the success of it. So if you have a dream of starting your own business, then why wait around? Get started on building your future today.

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Stand out from the crowd and bring something new and unique to the market is something that is essential for start-ups do. Making something different whether it is a product or the way you deliver a service will help you outshine and stand against your competitors. Small businesses have corporate giants as well as independent small businesses as competitors, therefore they have to work extra hard at being memorable and different. [continue reading…]

As a small business owner you will always be pitching. From pitching to investors to get funding to pitching at networking events to seek out potential partners, pitching will be an essential part of your role as a small business owner. Therefore, you need to take time to how to perfect your pitch. Not being able to communicate your ideas and plans because you haven’t learnt how to deliver a good pitch can be detrimental.

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It may seem extremely difficult and hard to run a seasonal business, however if managed carefully then it can be a success. Seasonal fluctuations can create a problem for all businesses, however seasonal businesses embrace these fluctuations and develop skills and strategies in order to thrive.
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Leadership skills are something that you need to acquire in order to run and lead a successful business. Everyone is not born a natural leader, and this is not necessary in order for you to be a good leader. You can develop leadership skills over time and through experience. It is important to invest time in developing good leadership skills, as this will help you be a successful entrepreneur and a good boss.
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Up until now, you might have thought that your product was the driving force behind getting a shopper to part with their cash – after all, isn’t that why you’ve spent months (if not years) developing it to perfection. You would be wrong, though. If you’re reading this then you’ve probably already realised that whatever medium or vessel you’re using to contain your products is a much, much bigger deal.
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Starting a business is one of the most important decisions of a business owner’s life. Therefore, you want to think about it carefully and consider whether you want to run the business by yourself and the advantages and disadvantages of doing so. You may also want to consider going into partnership, however you should make sure that you make a decision that you feel confident and happy with.
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Being a vegan means that you only eat plant based food. It’s a lifestyle that people choose to be healthier, as well as being environmentally and animal friendly. Some of the major cities around the world are fully embracing veganism and these include LA, Berlin and New York. The vegan business is booming in those cities, and London is following suit.
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When running a small business, it’s impossible to avoid stress completely, however there are certain things you can do to reduce stress and the effects of it. Constantly dealing with stress can have serious negative impact on your mental and physical health. You really need to be proactive in reducing stress causing factors in your everyday life.
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Communicating with customers, suppliers and partners is essential for any business.  So, take the time to ensure you have the right solution for your business at the right price, without any nasty surprises.
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Starting a business is possibly one of the biggest challenges you will ever face in your life. It is a difficult task and the difficulty increases if you struggle to ask for help. You may feel you are not able to ask help from those around you because you are the boss, and you are expected to have all the answers. However you can get advice and help elsewhere, as there are experienced individuals who are willing support and guide business owners on their entrepreneurial journey.
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Brand equity is the perception that consumers have of a brand. It’s the value of the product from a brand that is generated either through positive or negative perception from the customer. Strong brand equity allows a business to charge a premium price for a product and it still be popular and successful.
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So, what’s the deal with mobile card readers? Technology really is coming on in leaps and bounds these days. Everyday there’s something new on the market to make our lives that little bit easier. This one is something special though. Anyone who has a business that takes payments will know how integral a seamless transaction is and now it can be – Says Joanna Beinko from Mobile Terminals.
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Starting a business can be a daunting experience, however you don’t have to go at it alone. You can opt for a partner, or partners, that will share with you the pressures and profits that come with running a business. Being a sole business owner can be stressful and you may find you are consistently overworking, which could have a negative impact on your mental health and wellbeing. Having a partner means being able to share the work load and working together to make the business a success.
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Product development is an essential part of any business. Big businesses normally have dedicated teams for product development, whereas small businesses won’t often have the funds for this. However it is essential that small businesses still invest in product development as it will help the business grow and expand.
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Having a good working environment and invoking team spirit in your staff will allow you to have a more successful business and a strong team. Teamwork and being a team player is becoming increasingly important as working with others can produce better results and ideas to innovate businesses.
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It’s energy saving week this week and in honour of this we have compiled a list of ways you can help save energy. You can also save money for your small business by making some of these small changes. So saving energy is a win win situation, enabling you to save the planet as well as money.
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Pricing your products and services may seem pretty simple and straightforward, however you have to put in research and time in order to get it right. You will need to make sure that your product and service are priced at an optimum level, in order to get the best profit. There needs to be a balance of quality and affordability in what you are selling to attract the right customers.
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