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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Money fuels the business world, so regardless of whether you personally view it as a worthwhile goal or merely a necessary evil, you need to keep it at the forefront of your thoughts. Consider that entrepreneurs who just expect their finances to work out aren’t entrepreneurs for very long. You might not be able to control exactly how many clients you win or how much money you make, but you can ensure that all your sums add up and you know precisely where you stand.
It’s fair to say that cruelty-free is having its moment. From animal welfare and non-animal testing to veganism, increasing numbers of people are demanding transparency from businesses in terms of their practices.
For small business owners wanting to raise funds, one of the biggest barriers is having the right tools to support their pitch. There are lots of different opinions on what makes a good deck, much of it misguided and rooted in opinion rather than data.
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If you have made the decision to go for the easier and more beneficial way of accounting then you have come to the right place. The next step is ensuring that you pick the right kind of accounting software for you, your business and your staff. There are several different factors you need to take into consideration to choose the best accountancy software to meet your small business needs.
Mental health issues in the workplace have been a hot topic for some time and now even the government is recognising the issue. The issue of mental health problems being neglected in the workplace has a negative effect on everyone involved. Therefore, the government has pushed to tackle the issue. A new online service for employers has been launched to help them support and manage their employees with mental health issues.
Raising money for your small business is a time-consuming endeavour. And you are unlikely to have time or resource to waste on activities that are at best ineffective, at worst actively putting investors off the idea of funding your business.
Franchising is gaining popularity in the modern society due to its numerous benefits. Essentially, a franchise is a permit offered by a company to authorise you to do a particular commercial activity. For instance, a franchise authorises you to use the products, services and brand name of a specific existing company for commercial purposes. The franchisee gets the franchise from the franchisor. This gives the franchisee an opportunity to sell the franchisor’s goods or services. The franchisor communicates or provides everything to operate a franchise. Opening a franchise is easier than starting your own enterprise. The franchisee enjoys brand equity, marketing and operational support.
Composing a formal document that will be scrutinised by peers and professionals can be a daunting task or a task one can learn and grow from after progressing with the tips necessary to advance their writing skills. Business writing is often a type of writing people avoid due to the difficulties one may encounter when faced with such a task. However, there are a number of easy to follow tips when taking on a business writing task that will allow people to confidently express themselves while maintaining a professional tone.
In a study conducted by the FSB (Federation of Small Business), it was found that businesses spend £5,000 annually on tax compliance. As well as money, small businesses also lost out on three working weeks in making sure that they had their tax affairs in order. Small businesses are consistently losing time and money over tax payments which is why they are urging the government for a tax reform. The money being drained by tax compliance can be better spent on growing businesses.