What makes a good business idea?

Business ideas must satisfy a wide range of criteria to be tenable. Many businesses fail soon after start-up because the idea – the impetus – is not commercially viable and cannot sustain a profit-making enterprise.
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EVENT COVERAGE: Start-Up Masterclass @ University Campus Suffolk

There was a buzz of entrepreneurial spirit in Suffolk with the first of a series of Start-Up Masterclass, at which successful entrepreneurs offer advice on various topics to attendees, usually those who are starting new businesses.
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Q&A: Andy Evans - Your Deal Daily

At only 21, there is no doubt that Andy Evans is a very young entrepreneur with big ambitions; however, his experiences and success are more than most people double his age can boast about. At just 13 years old, Evans was running his regular discos and, by the age of 14, he had begun his own web design business, which has subsequently grown from strength...
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Case study: Yellow Cat Recruitment deals with a square peg and a round hole

Finding a unique selling point can be hard, especially when your business operates in a very busy sector. Jonny Breeze found that having a unique selling point and strong team of staff helped his company, Yellow Cat Recruitment, to survive the recession – and become even stronger.
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What has been your biggest PR success to date?

Outstanding Branding is a UK independent distributor of promotional merchandise, corporate giveaways and branded clothing. Based near London Bridge, the company sources creative corporate giveaways for ad hoc requirements, as well as managing and distributing branded merchandise schemes on behalf of clients.
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Starting an event management business

Over the last 10 to 15 years, the events industry has seen huge growth. According to the International Special Events Society, global spending on events is US$500 billion (£300 billion) annually. Event management is a broad industry, with many companies choosing to specialise in one area.

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How to start a bar

Bars are very popular businesses; they come in all shapes and sizes and it’s easy to put your own stamp on one. But it’s not easy to create a successful bar. Creating a razor sharp atmosphere that people respond to is an art; a combination of the right drinks, decorum, music etc. is essential. However, if you’ve got the skills, then starting a bar can be a great way to combine your love of nightlife with a passion for business.

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One minute interview: Scott Allison - Teamly

Scott Allison is the founder and CEO of Teamly, as well as the former co-founder and CEO of award-winning B2B telecoms virtual network operator, abica. It was during his time at the head of this company, Allison began experimenting with different ways of managing people which later inspired him to create Teamly. He is also a founding member of TechHub in London, a Fellow of the Royal Society of Arts and a contributor at Forbes.com. Until recently, he was also a board director of The Entrepreneurial Exchange and curator of the London Startup Digest.

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Introduction to market research

Talk to any business professional and they’ll stress the importance of market research. Before you start a firm or launch a product, it’s essential to test if the market will be receptive to your idea or you may find it impossible to make any sales.

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Sources of start-up finance

All businesses need money to get off the ground, but the way in which you raise this money is very important. There are numerous routes to access finance, all of which come with their own advantages and disadvantages.

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  • Starting up

    How to start a locksmith business

    There will always be a demand for locksmiths – from people who are locked out of their property to clients who are worried about security and wish to replace...
  • Finance

    OPINION: Risk capital for hire: a guide to royalty funding

    The aim of this article is to make the case for a fresh approach to small and medium-size enterprise financing, particularly the so-called equity gap....
  • Staff and HR

    Guide to writing contracts of employment

    As an employer, you are legally bound to provide a written contract for each employee within two months of the date their employment commences. Full- and...
  • Technology

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    No matter what type of enterprise you are building or what industry you’re based in, if they have not already, developments in technology are likely to...
  • 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

    OPINION: Simpler reporting - What do you think?

    What the UK Government defines as micro and small business communities (less than £440,000 turnover and ten or fewer employees) constitute approximately...