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Realistic budgeting and financial planning could be the make or break of your business. |
You need to know that you can finance yourself adequately through the initial start up period and have back up plans to maintain cash flow until you get paid. |
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A well thought out and presented Business Plan will help to convince your preferred bank that you should be granted necessary start up funds.
Grants are available for business development from a number of sources. Check with your local Business Link to find out whether you are eligible for start up funding through an appropriate grant www.businesslink.gov.uk. |
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Sales and marketing
Research your market and product thoroughly.
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Business plan
An effective business plan will help to focus your ideas.
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Time management
When you start your own business – time is tight.
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Passion to succeed
It’s therefore essential to believe in both yourself and your product.
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