How to come up with a great business idea

Find the right business idea and you could build a successful company that generates substantial profit. However, coming up with a killer business idea is easier said than done.
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EVENT: DreamLaunch

On the first evening of December Club Workspace at the Clerkenwell Workshops played host to DreamLaunch. This DreamStake event, sponsored by Rackspace, saw seven digital startups launch to an audience full of entrepreneurs and small business owners.
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Q&A: Chris Orrell - HotelStayUK

Chris founded HotelStayUK in 2003 at the age of 23. The idea behind it was both simple and groundbreaking for its time. By operating as a closed online member club, Chris was able to negotiate great discounts on hotel rooms and offer them as a staff perk to employees of large companies. He has since gone on to launch a number of products under...
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Case study: creating the perfect evening out with designmynight

Nick and Andrew are the founders of designmynight, a website that allows people across London to discover the best clubs, restaurants and bars based around their budget, and make use of discounts and special offers to ensure they have a fun-filled evening on the town. We talk to the entrepreneurs about their early experiences and the process of building...
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How to open a card shop

Cards are extremely common purchases – with birthdays happening throughout the year, there is continuous demand, with regular spikes for Valentine’s Day, Father’s Day and other special occasions. This creates a significant market, but supermarket diversification and the rise of online greetings card companies has made it a lot harder to run a profitable real-world card shop. That doesn’t mean it can’t be done – but there needs to be a very strong reason why people will visit you. Jamie Lawrence investigates the current card shop market, and the steps you’ll need to create to succeed in opening your own shop.

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Q&A: Chris Orrell - HotelStayUK

Chris founded HotelStayUK in 2003 at the age of 23.  The idea behind it was both simple and groundbreaking for its time.  By operating as a closed online member club, Chris was able to negotiate great discounts on hotel rooms and offer them as a staff perk to employees of large companies.

He has since gone on to launch a number of products under the HotelStayUK umbrella, including  AfternoonTeaforTwo.co.uk, HotelHippo.com and HotelDailyDeals.co.uk, and launched the company’s flagship consumer brand, HotelVoucherShop, in 2007.  HotelVoucherShop vouchers and gift cards are now sold both online and by leading retailers such as Sainsbury’s, Tesco and WH Smith.

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How to use a recruitment agency

Recruitment agencies can remove the administrative burden of finding key talent; whilst they tend to get a bad press, they do serve a valuable purpose.

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How to implement an internet use policy

Companies may want to implement an internet use policy for a variety of reasons; they may be concerned about employee access to social media at work or want to ensure the firm’s reputation can’t be affected by employees accessing questionable sites. Naturally the issue can be a sensitive one as employees may feel ‘censored’ and untrustworthy; businesses should take sufficient steps to ensure employees understand why an internet use policy has been implemented.

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What to look for in commercial property

Choosing commercial property is an essential step for any growing business. Making the right choice is paramount to success; the wrong lease and location can stifle your firm and bottom line.

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  • Starting up

    Case study: Xcite Digital how to survive and thrive in a recession

    Xcite Digital is an award winning, digital marketing agency that designs, builds, and markets websites for blue chip clients such as Pizza Express, BP...
  • Finance

    Legal issues when dealing with investors

    Securing significant investment is often crucial for a business’s development and survival. However, entrepreneurs shouldn’t be afraid to hold out for...
  • Staff and HR

    How to create a good working environment – and why it’s so essential

    This article was written by David Saul, managing director of the serviced office operator Business Environment. The company has been included in the Sunday...
  • Technology

    VoIP for home workers

    Voice over Internet Protocol (VoIP) technologies can be extremely useful for home workers that need to set up on a budget. Easily integrated with existing...
  • Marketing

    Case study: creating the perfect evening out with designmynight

    Nick and Andrew are the founders of designmynight, a website that allows people across London to discover the best clubs, restaurants and bars based around...
  • Accounting

    Early stage accountancy advice for new entrepreneurs and businesses

    Fifty percent of start-up businesses fail in the first year and 95 percent fail within the first five years but despite the economic downturn, the SME...