Author: Lewis

Roadblocks Your Startup Needs to Look Out For

Driving a new business forward, to the next level can be one of the most challenging, satisfying and exciting projects. When business is good, you are in control. But if you are to continue moving forward, you must plan and learn how to anticipate and pass through some common roadblocks that lie in your wait. Don’t let any of the following thwart your progress: 1. Departure of key employee or business partner  Every business places reliance on either a business partner or employee – none more so than a startup or small business. When hiring an employee or going...

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5 Questions to Answer Before Pitching to Investors

Most entrepreneurs will require financial backing in order to get their start up off the ground, and while the first round of funding may come in the form of a bank loan or from friends and family, it won’t be long before outside investment is targeted. This will most likely come from an investor, also known as a angel investor. When searching for investment, entrepreneurs must be well prepared to pitch their startup company to investors and therefore should anticipate the questions they will be expected to have the answers to. Failure to do so will only decrease your chances of receiving investment. To help, we’ve...

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Three Common Mistakes Made by Small Business Owners

As a new business owner, taking steps to avoid costly errors should be part of your early business planning process. Regardless of age or level of experience, an entrepreneur must be proactive in order to be successful. In today’s blog we highlight what we believe are three common mistakes made by new small business owners and give you some tips on how to avoid them. Over sharing Entrepreneurs are often enthusiastic towards their business ventures; so much so, that they get excited and find it difficult to keep their business idea(s) under wraps. Over sharing a business idea generally occurs when an entrepreneur cannot bring...

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Why Your Company Needs an Accountant

Running a small business and keeping on top of your finances can be complicated – hiring an accountant could be the answer. If you needed a little persuading, here’s 6 reasons why investing in a company accountant will help your business. 1. Business planning: If you are creating a business plan, hiring an accountant can give you help deliver effective financial planning. This will allow your business plan to be realistic and increase your chances of success. 2. Company legal structure advice: Are you going to register as a sole trader, limited company or limited liability partnership? An accountant...

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