The aim of this website is to help people start up their own buisness as well as market existing buisnesses. Our blog will be updated monthly, and the small buisness newsletter will be published monthly full of tips and advice.

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small buisness tips

Small Buisness Tip 1

Buisness Plans. Just because it's a small buisness doesn't mean you have to plan small. The best advice for writing a buisness plan is to keep your ego in check. Don't hover over the calculator saying things like "If I sell only 10% of the stock I'll make...." as this form of planning often overlooks factors such as customer demand, usefulness of the product and the actual responce rate of the customers.

Small Buisness Tip 2

Apart from your main buisness activity, can you offer any related services? This will grow your buisness and make you less dependant on a single line of income. Think - what other services ralated to yours do your clients often require?

Small Buisness Tip 3

Choose your buisness name carefully. It must describe your services. "Smith Consulting" could be any service, but "Smith Investment Consulting" tells the customer exactly what you offer. A descriptive name will increase word of mouth advertising as well!

Small Buisness Tip 4

Don't throw everything behind your buisness until you've tested the waters first. Start a small scale version online and get a few customers and see what the actual realities of the work are. A small investment of £200 or $200 could save you from losing thousands!

Small Buisness Tip 5

Decide on your prices carefully. You have to make enough profit to earn a living, but also have a price that is competitive. Check out your competition, what do they charge?