A SWOT analysis means looking at your business’ Strengths, Weaknesses, Opportunities and Threats, so that you can capitalise on what you do well and understand where you might be at a disadvantage.
Hayley Limpkin is the founder and co-owner of the Razzamataz Theatre School in Medway, Kent. Recently, it won the Lifestyle Franchisee Award at the prestigious bfa HSBC Franchise Awards 2018, as well as the People’s Choice Franchisee of the Year award, which recognises the best franchisee from all the award winners on the night, as voted for by attendees. So, why has Hayley and her team been so successful?
It can be hard to scale your small business without external investment, advice and the right contacts – which can all come from an angel investor.
More women than ever are starting and running their own small business. According to Prowess (the online hub for women-friendly business support): “The increase in the number of women in the UK becoming self-employed is unprecedented.
While the number of businesses opening increases yearly, many fail to survive long term. We spoke to Kes Osborne, co-founder and managing director of trampoline park company iBounce, about being a fast-growth business and its strategy for survival.
At some stage you may need to attract external funding to grow your business. This could be through a business bank loan, crowdfunding, accelerators, angel investors or venture capital, among other options. But what do outside investors look for and how can you attract the right partners?
Richard Bearman, Head of Business Banking HSBC UK, on Small Business Loans
Home to more than 8m people, the United Arab Emirates (UAE) is made up of Abu Dhabi, Dubai, Ajman, Fujairah, Ras al Khaimah, Sharjah and Umm al Quwain. Before joining together to become the UAE in the early 1970s, their economies relied upon fishing and pearls, until oil exports increased massively in the 1960s, which was an economic game-changer. The Emirates has since grown to become a key regional trade and tourism hub.
The business benefits of having a current business plan.
A grant could provide funding to help your business start up, develop and grow. But even experts can find it difficult to keep track of the hundreds of different grant schemes.
Your business might be entitled to claim a grant if it carries out eligible projects or operates in a particular area. Here’s how to identify a scheme and apply for grant funding.
Finance of £25,000 to £750,000 can be surprisingly difficult to obtain. Banks generally require security and many venture capital firms are not interested in financing these amounts. A business angel might be the solution for your business.
Business angels are wealthy, entrepreneurial individuals who provide capital in return for a proportion of your company’s shares. They take a high personal risk in the expectation of owning part of a growing and successful business.