Selected Filters: Growing a business
Trends for healthier eating and developments in plant science and farm technology are creating “unlimited opportunities” for the horticulture sector. But, says the NFU’s Ali Capper, the UK needs a fit-for-purpose immigration policy and better access to funding and innovation.
To keep ahead of your competitors, you need to keep a close eye on your product line and, where appropriate, develop new and upgraded products to bring to market. Use this checklist to help to develop new products, from coming up with new ideas to setting budgets, deciding on product specification and prototyping.
Your business plan outlines what your business does and what you are trying to achieve. It explains what the market opportunity is, what makes your business special and how you will make it a success.
Knowing your market, and the trends in your sector, is vital if you want to maximise sales and stand out from the competition. We explain how to find and use market information.
Ever since its first day of trading in 2011, Magic Rock Brewing’s craft beers have enjoyed high demand. With the business poised for mainstream success, founder Richard Burhouse reflects on the milestones in the company’s rapid growth.
Magic Rock Brewing’s distinctive beers were in high demand from the company’s humble beginnings in a Huddersfield outbuilding. Eight years on, the company produces 2.7 million pints a year and has supermarket deals in its sights. Its founder reflects on the early factors in its success.
Once, businesses consumed what universities produced. Now the roles are blurring – and the boundaries must be eroded further, argues Joe Marshall of the National Centre for Universities and Business.
Intellectual property isn’t just a concern for inventors. Safeguarding your brand and products is critical – not least for firms seeking markets beyond the EU after Brexit.
For brands, it’s a handy ‘third way’ to expand. For budding businesspeople, it’s a relatively low-risk option. So why does franchising still lurk under the radar?
Will German kebabs, Arabian coffee and a French wine store be a hit with UK consumers? Only if brands can find the right franchisees to help them bridge the culture gap.
A new breed of franchise operators is emerging in the UK – and many have ambitions that go beyond running a single outlet.
They know their customers inside-out, they’re proud of their product quality and their speed-to-market is remarkable, but Alpkit’s success is also founded on superlative stock management. David Hanney explains why it’s vital to get working capital really working.