A SWOT analysis looks at your strengths and weaknesses, and the opportunities and threats your business faces.
Expanding into overseas markets can offer exciting growth prospects. But marketing and selling overseas is a demanding undertaking.
Building long-term profitability allows you to grow your business and the personal rewards you get from it. Creating and increasing profitability depends on doing many little things better than the competition.
If you have a promising business but cannot provide the security needed for a conventional bank loan, the Government's Enterprise Finance Guarantee scheme may be what you need.
Your business plan should be the roadmap for how you run your business - and it’s vital if you want to attract finance. Follow our tips to create your plan.
Identifying a business that you want to buy is only a first step. Approaching the purchase in the right way is key to making the most of the opportunity and avoiding potential pitfalls. Careful checking and skilful negotiation are essential
Thorough research is essential before you start exporting. Research helps you identify the best opportunities, understand how to sell into new markets and avoid costly mistakes.
The right approach to developing a new product (or service) helps reduce the risks involved in turning your idea into reality. Planning and teamwork are critical.
Running your business involves taking hundreds of actions every day, whether negotiating a sale, recruiting a new employee or complaining to a supplier. Much of the working day is spent reacting to circumstances, making minor decisions that have a limited, short-term impact.
Choosing the right premises is a major decision for many businesses. The right location can be critical for attracting customers and employees, while the premises themselves can significantly influence productivity.