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Running a business

Running a Business: Keep track of all your costs


Track everything: Staff costs, overheads, interest on loans, overdraft (help you with any urgent, hopefully short-term working capital needs) fees, bad debt, matching purchase orders (when you send a ...
Running a business

Running a Business: Time management for entrepreneurs


An entrepreneur may not have much money for the business, but everyone has the same amount fo time everyday.   - Make realistic daily to-do lists   - Get more work done when you ...
Running a business

Running a Business: Get more sales


To get more sales, Read up on effective 'sales techniques'.     Find out why people are buying products from competition - is it about benefits, branding or both? Be help...
Running a business

Running a Business: How will people buy from you?


Use any method that gets you to where most of your customers are. Choose from this mix, or add your own.   - Retail shops: Common in industries with established distributor/retail networks....
Running a business

Running a Business: The Presence


Getting an office   Where will your office be? Where will be the product/service available? (physical location/s, web site, mobile app, other stores - offline and online, etc) &...
Running a business

Running a Business: Creating the product/service


Bringing it to life.   'How will I make it?'   Make rough notes on the idea:   - Use cases (stories of how customers will use the product/service)   ...
Running a business

Running A Business: Branding

branding-equals-trust
  Branding is a business term for 'trust'.   People buy from people they like and trust (testimonials, peer pressure). People buy benefits (cheaper, safe, convenient,...
Starting a business

Starting a Business: Bootstrapping your business


You don't need to wait for funding to start working on your idea. You can seed it yourself.   1. Cut down on your expenses   - Do all the work you can do yourself. - You c...
Starting a business

Starting a Business: Get funding for your tech business idea


Questions Tech Investors Wants Entrepreneurs To Answer: Here are what investors at YCombinator ask people pitching their startups. Try to answer in 2 to 3 sentences.   What are you worki...
Starting a business

Starting a Business: Get funding for your business idea


Regular ways to finance your business - Overdrafts are good ways to fund your cash flow. - Bank loan: Always secured against your assets, but with planned repayments (e.g. EMIs). - Overdraft:...