Starting a business is an exciting and rewarding experience, but unfortunately, it’s not always a success story. A large number of start-up businesses in the UK fail within their first few years of operation. According to research, roughly 60% of new businesses fail within the first 3 years. The reasons behind this high failure rate are numerous, and in this …Read Full Article
Creating a solid business plan is an essential first step for any entrepreneur looking to start a new business or grow an existing one. It serves as a roadmap for the future of your company, outlining your goals, strategies, and financial projections. However, many business owners make common mistakes when putting together their plans, which can have a significant impact …Read Full Article
If you’re a small business owner in Scotland, you know how important it is to have the right funding to help your business grow and succeed. Fortunately, there are many funding options available to you in Scotland that can help you achieve your goals. In this blog, we’ll explore some of the most popular funding options available to small businesses …Read Full Article
Starting a new business can be both exciting and daunting. There are countless decisions to make, from choosing your company name to marketing your products or services. However, there are a few simple yet effective tips that can help new entrepreneurs get off to a great start. In this blog, I will discuss five practical tips to help new entrepreneurs …Read Full Article
Starting your own business can be an exciting and rewarding experience, but unfortunately not all ventures end in success. In fact, statistics show that only around half of all start-up businesses survive beyond the first five years.
So why do so many start-up businesses fail? Let’s take a look at some of the top reasons:
1. Lack of market research: …Read Full Article
If you’re thinking of starting a new small business in the UK, congratulations! You’re about to embark on a rewarding journey that will require hard work, perseverance, and plenty of planning. Before you launch your new venture, it’s essential to have a checklist to make sure you’re covering all the bases. In this blog, we’ll go through some key things …Read Full Article
Are you currently in the process of applying for a government grant? If so, it’s important to be aware of the common mistakes that people often make when filling out grant applications. These mistakes can cost you the funding you need to help grow your business or support your community project.
To help ensure your grant application is a success, …Read Full Article
Starting a small business can be a thrilling and rewarding endeavour, but it is important to be aware of the costs involved. Whether you are starting a cafe, a consultancy firm, or an e-commerce business, there are various expenses that you need to factor in. In this blog, we will discuss 12 costs that you need to know when starting …Read Full Article
Starting your own business can be an exciting and rewarding experience, but it also requires careful planning and execution. For entrepreneurs looking to set up a successful business, there are several key steps to take.
1. Define your business idea: The first step is to identify your business idea – what product or service do you want to offer? Is …Read Full Article
Starting your own small business can be an exciting and daunting prospect. There are many things to consider and taking the leap can feel overwhelming. However, with the right guidance and approach, setting up a small business in the UK can be a smooth and rewarding process. In this blog, we will outline four key steps to help you get …Read Full Article