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Category Archives: Business Planning

How to get help to start own business in London?

help-to-start-own-business

To get help to start own business in London you need to pay close attention to how market changes and where your idea could be targeted to enter the market. As you probably know, unique innovations rarely happens and therefore before you start your own business in London you need to get yourself a wicked idea.

To get your idea into a business first you need to register a company with Companies House. This takes usually 2 hours, the next fact is to get yourself a website that you present your idea. Once you have a website and your idea, then it’s time to think about your SEO.

Now, to get traffic to your website, you need to target certain keywords that are relevant to your website. The rule of thumb in SEO is that content is king. In other words, abundance. Place your idea with as much content as you want. This could be relevant or non-relevant as the search engines are not smart enough to make difference between good content and bad content.

The difference will be made by users which share your content. If you have enough users who share your content, this will get your website with higher rank, therefore increase the chances of getting in higher positions in search engine.

If you think this might be a bit over your head, please do not hesitate to contact us to provide you the right matrix, starting from £120/month.

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Why you should hire a small business consultant?

small-business-consultant

 

Small business consultant to skyrocket your start-up in global reach.

We’ve been there, sitting in your shoes and wondering how to get the message across a digital medium. We sat where you sit now, we’ve read as you just do now and we’ve tried, as you will do after you finish reading this.  You’ve been pushing over and over tweets after tweets with no return and yet you wonder how other companies succeed. We asked the same questions and we’ve realized that only a small business consultant can give us the insight which we needed. But how we’ve done it? Simple as you might expect, we took a small business consultant to put our message across print and digital.

Soon after we started to advertise, orders also started to come in, balancing expenditure while we continued to deliver products to our customers. Plenty of impressions, but not the right numbers of orders. Soon after we ended up paying for the small business consultant to bring into our company thus working full time, we’ve reached limits never imagined before and growing around 35%/year, we believe is a steady growth. Now, we have the tools, but how we can help you?

You might also think that budget might be a big issue, which it is, in most cases, we can’t do something for nothing. Everything costs energy – to think – to move – to act – a little particle in this multiverse – which can also be you. Therefore it is important to have a limit and a stop when you are taking a position. Knowing limits, also means knowing who you are, as the world is finite, despite our consciousness which is infinite – well tweets act just the same.

A tweet is finite, but the consciousness of a tweet is infinite, but to get it there, it costs energy, which in most cases comes to a price.

Now, our small business consultant can map your tweets and plan your Social media Marketing (SMM) to reach global. Our packages are made to tailor budgets above £100/month that can bring a return around £400 to maximum £700, realistically.

If you think this might be a good addition for your business, hire a small business consultant and your product will reach global, hassle free, as you can see in the image posted at the top.

Now, what is that you want? To sit more and get more non-sense information, or you want something that works? We choose to work, as probably do yourself.

order-small-business-consultant

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Small business web development services for website

Small-business-web-development-services-for-websiteSmall business web development services for website is a secret

A secret to which the growth of a company depends, resides in its ability to convert needs into products, but living on a digital age, such needs impose only when the sense of creativity and discovery, the new and the witty create the state of emotion which determines one to follow or buy into a product that makes sense within his or her life.

However on this occasion I will try to explain in some details the process to acquire and attract more visits to your website. This process is alone a business process and it works well for the purpose of marketing one product or service, which is part of an algorithm that expands organically over time and it converts the needs of a company into the needs of the web.

The quest to a digital small business

If this sounds too abstract, you should know that the internet is only 25 years old and it expands daily based on what we do, search and trade. Based on these 3 patterns, the internet generates clusters of information which then are harvested by users to increase their conversions. We know that the internet is a ‘blank state’ of information where we write things. Now, the things we write, first we test and then we use, however you might expect that the internet will only choose what the user likes to show, as for the case of search engines. Now, the real truth about the state of information, is that the internet cannot stop the flow of its own information, because the internet is the information.

From a business point of view, the real filter of the information is the search engine through which the ‘blank state’ can be directed to a particular goal, based on what Google classifies, as trends. Small business web development services for website, is no less than a trend, which gets accounted when a particular threshold is reached and can be classified as a search trend.

Business secret, yet, big business

Now, a business website that develops trends is indeed a cluster of information website, like Twitter and Facebook, Google, Bing and any other major retailer, where we search for things. The data which is generated in these searches can also predict the overall behavior of a business based on what the users dictate in their local search and how they get to their business website.

Living in a data age, it makes more sense for advertisers to have every user behavior in a nutshell of predictions rather than the predictions alone, which for every small business web development services is the ultimate secret to grow a small business.

If you’d like to increase your conversions on your website, or if you’d like to create a website that is already in control over the internet and grows organically, please get in contact with us. One of our specialists is here to help you bring your ideas to life in the digital age.

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Business Planning – How to scale a start up

business-planning-graph

Business planning is the process of making such a plan which really works and it scales itself right from the beginning. But how such plan should be written to achieve a boom factor on a scale that is unprecedented and has never seen before?

First we need to look at how the internet works and the patterns which generates. But, in what sequences the business planning should take effect in order to satisfy a bigger picture? First, you need to know that there are 2.405 billion people browsing the internet from 196 countries if which 70% speak different languages. The people which are browsing the internet per hour is almost 100 million. This also means that 100 million people can see our ads, can watch our films and can buy our products in an hour.

Business planning, it’s about access !

business-planning-world

Now, if we look from a business perspective and in order to access a bigger stake from the internet usage, business planning should be focusing in harnessing more people, from the same pattern, which in most cases is divided by the time they spend on the internet.

But as we seen in subsequent chapters, this is also divided into sub patterns and have an accumulation of 3.05 hours spent on the internet, doing things, on average. If we divided total time at the internet users we also find that 219034.6083788707 people can have a choice per second. And that’s more than the population of any average city in the world.

This is a good stake to start with, but how do I scale my start up?

Well, nothing comes out of thin air and if others makes look as it is, I can assure you that they haven’t told some important things, like these ones, which will give you the path to success when your are business planning for scaling a start up. Based on the information we are holding, lets look at some internet leaders at the moment.

  • Google – world leader in internet searches leads the market with almost 95% stake. They achieved this by creating a solid product and an intelligent algorithm which was more intuitive than any other at that stage. What was their scale? Referral search.
  • Facebook – world leader in social interaction leads the market  with least 95% stake. Facebook has achieved this by creating solid relations with users and media. Their secret lies in making quick connections with the public via internet. What was their scale? Connection, inside and outside.

In the last years we have seen unprecedented scales from start up companies focused on referral * connection, because it is the quickest and the safest way to scale a start up at the current time. Also, the current trend is mobile.

Now, it all lies in the business planning to get such start up to scale. In subsequent chapters we have learned the formula to scale a business to get the investor attention, it is worthwhile to look at that in more detail to find the relevant business secret.

Please do not hesitate to contact us if you want to scale your business.

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Starting a business in London – Market Overview

Starting a business in London

Starting a business in London has never been easier in legal terms, because the UK government is investing almost 50 million pounds in supporting businesses to develop tech products within City of London. What does this actually means?

For example, if you are a company outside UK in a country where the legislation gives you headache, London might be the just the perfect change for you. London has a good proven record of sustainable laws and and transparent legislation which gives you the freedom to focus on your business. London has more firms than any other county and it counts for 22.2% of the UK GDP generated from more than 800,000 companies. Sure you might also think that the competition is higher, but in terms of business this might be the catalyst which your business needs, especially if you are in the services industry. Starting a business in London might also give you the freedom to choose from many backgrounds, because it’s the hub for the most creative arts and as we all know British art is well renown for its quality all over the world from engineering to manufacturing and finance. Creative right?

Starting a business in London is also giving you the opportunity to choose from fresh talented graduates in computer science from top universities in the world like UCL. Sounds just about right yeah?

Starting a business in London – The common tricks

Best and most use technique to start a company and here I am referring to companies starting a business in London for the first time. The best is to go through an accountant if you prefer to save some money. Otherwise if you prefer the straight and secure way, you should use a law firm, but at a higher cost.

The in house design for your start-up it is not recommended and here you should see a specialist, because in London the competition is at it’s peak and every details counts. Please contact us, to see how we can help you.

There are many companies specializing in renting offices and virtual offices and you can start renting or part renting for a minimum a week time, or if you prefer to work from home should join others because 1 in 8 people work from home.

Most of the services are on line and you can plan to starting a business from your own comfort to check for available names and spaces.

However, starting a business in London it is not the most competitive in the world and in a subsequent chapter we will give you the details about Singapore and exotic land with great support for business.

Please also find an info graphic about starting a business in London to share it with your friends in the business.

References:

http://www.cityoflondon.gov.uk/business/economic-research-and-information/statistics/Pages/Research%20FAQs.aspx

http://www.london.gov.uk/sites/default/files/SE%20in%20London_0.pdf

http://en.wikipedia.org/wiki/Thomson_Reuters_Business_Classification

http://www.independent.co.uk/life-style/gadgets-and-tech/features/is-the-success-of-londons-silicon-roundabout-forcing-new-startups-out-of-the-capital-8599699.html

http://transferwise.com/blog/2013-04/tour-of-london-start-up-scene-part-1

http://www.publictechnology.net/sector/more-people-ever-are-working-home-according-research-tuc

 

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Ideas for opening a business

Ideas for opening a business are just too many, but how many of them prove to be a success? 

Not too many, we can tell you. We made this information public for a start-up prototype which is worth $10,000 alone. The production it also costs around $15,000. This is more advanced idea, but it is good to learn how you need to analyse what is created already, and how you can improve the existing.

As we have learned from last posts, the current digital trend is MOBILE  and while I find this very accessible. We also find that the current on-line retailers do not have accessible ways to access such stores. Is there a way where the information is way too much to be analysed efficiently?

Couple of years ago, we have analysed a prototype which looked on how we can manage such data from on line retailers to offer a sleek solution to consumers based on availability, size, color, fitness and location.

Ideas for opening a business

Search and find your size locally. That’s all it takes, a simple search.

Back then 2008 when we looked at these ideas for improving the consumer experience was a bit difficult, but with introduction of cross platform possibilities and the development of new screens, became to greater accessibility and I believe now it is a great time to make such ideas come through starting a small company.

How can I achieve great ideas for opening a business?

With any on line development, ideas for opening a business not just happen.  We all love a bit of magic but that’s fairy tale. Here you need to focus on a key market issue and look where can your passion improve on yourself first and then, how it can affect others. Once you find this, will be easier for you to identify other problems in the market.

What is the first thing I should look for?

We’ve been many years in the business and we also found that we should look for what people spend more time on. Spending time over and over the same way, we get bored, therefore improving experiences using time, in a mobile environment,  believe that is the future.

Therefore, there is a need to understand how we behave in an on line environment, which a piece of research from Daily Mail shows. On average in UK we spend at least 5 minutes a day for shopping or research on shopping. But what if you can cut this time into half by providing a click and search the perfect fit to your size and at the lowest price possible in the nearest store. Sounds sci-fi?

Well it isn’t. With the current digital technologies, these ideas for opening a business are just possible. No only that it improves our shopping environment, but also these ideas for opening a business are profitable too. Imagine that you can get discounted prices from retailers for selling through your mobile.

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Starting a small company. The path from scratch

Starting-a-small-company

Starting a small company

The path to starting a small company from scratch:

  1. How do I build up an idea
  2. How do I represent my idea
  3. How can I market my business
  4. How much money do I need
  5. When do I make profit
  6. What are the current business trends
  7. How can I improve productivity

 

Starting a small company from scratch is not an easy task. If you look closely enough, you will also find that successful entrepreneurs started literally with no money at all and become very successful. Knowing that success comes when you do repeatedly enough that you are most passionate about, it also means that anyone has the power to start their own business. It’s simple, because we are all passionate about something in our life.

Building up an idea for starting a small company is in fact the process of brainstorming through your general things which you do day by day and you repeat them enough. Let’s say for example you are a skilled person. You work in the office or simply you just graduated college and you are looking for job. But while you’ve been doing the same things over the years or you haven’t found any passion in the things you repeatedly do, it’s time to look for a change, a change in quality of life, a change in your future.

Now that we know why starting a small company is good for us, let’s look at how we can make this start up business possible.

First and foremost, you need to set up the identity of your passion. This is very important, because your identity is the only thing for which you will get remembered. It’s like your surname in the business. It’s the name whom other business make reference. Make sure it stands out. We can help you build a strong identity, please contact us.

To market your business you need a marketing plan. This, is a business strategy and it will help you over and over to make a sustainable profit from your idea. Contact us to see how you can make this possible. Starting a small company also means that you have to be consistent with your marketing. In today’s market, the lowest cost you will find with SEM (search engine marketing) which is achieved with SEO (search engine optimization).

When starting a small company from scratch, or literally with no money, we have a formula for you. Spend 15% to 20%(max) from the value of your product, for marketing services. If you are looking for short term profit, invest this value daily. If you’re looking for for a more steady but wealthier profit, invest 20% to 30%. This will give you significant low numbers in the short term, but it will stack on the long term. Do this for one year time time and you will find that with every sale that you make, the value for your marketing will add the value to your product which will add value to your business.

The current business trend is MOBILE. Whatever business you start it needs to incorporate mobility.

To improve productivity you need to to focus on delivering your product efficiently. This can be measured through key performance indicators (kPI) from your business plan. If you do not have one, please check other blog posts, we have posted one template for you.

Starting a small company therefore is the process of quantifying the passion and the progress.

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Start small business from home

start-small-business-from-home

How to Start small business from home?

To start small business from home, first and foremost you need to plan what you are going to be loving doing from now on. If nothing comes up in your mind at this point, do not worry, here is a list it can help you out to find from The Guardian. Most of the businesses are managed the same, the difference between them is the product which they sell.

I am not going to speak about what you should do in terms of ideas. My focus is on how to put your idea into practice and make profit quick with the use of intelligent tools and systems of marketing to drive your success.

I started my part-time home business when I was just 16 years old and during the day I was going to school and some nights I was spending my time on the drawing board and selling designs in the morning to my classmates because I loved going again and again to the things I loved doing, not really knowing at that time that that’s my passion.

 1. To start small business from home you need passion about doing something

Now that we know how to find that passion, is time to make the passion possible. Over the years I found that success comes when you put the passion into a repetitive pattern, therefore, when you repeat a thing so often that it becomes you. Only you can differentiate the value from one business and the other. People, in a sense they buy what you really are.

2. To start small business from home you need tools

Most often these tools will help you drive your business forward, but most important, you need a designer which will create you an identity to your home business that is really appealing to the market you serve or planning to serve to. After you have a clear identity it’s time to meet with a marketer who can put your idea into practice and make it known. If you don’t market your idea, it’s like sleeping all the time or being locked into house all the time without showing off or meeting new friends. To see how we can help you, please check the homepage.

3. To start small business from home you need lots of friends

A business is based on relationships, greedy or not, silly or not like able, some people which we know always need something. To have many friends is important because it drops your marketing costs while in private circles the message can be transmitted at no cost. Marketers call this ‘word of mouth’ .

4. To start small business from home you need insights

Now, the our current generation is machine connected in everything that happens from the moment we wake up until we are going to sleep. A research shows that we spend up to 7 hours per day and that’s which also means, that almost 30% of our time we work with technology, which offers great insights on who are these users, their location, their age, their usage and other information which the browsers collect from cookies. These information is vital for business owners because it lowers the cost of advertising by providing targeted insights. Some tools which you can use to see your business insights are Google Analytics and Alexa.

 

So, what do you wait for? Contact us now to see how we can help you to start small business from home without spending too much money and which gets noticed immediately.

 

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How to business plan for small business – A working business strategy

How to business plan for small business?

If you ever thinking ‘how to business plan for small business’ , first and foremost, you need a pen and paper to draw a schematic view of the idea you want to pursue further. This will help you keep up your thoughts together. Try to put at center of the page your idea and than try to connect everything that makes it happen in any terms.

First thing you should consider in business to make your idea to work, is to look at location. Today location is not as important as for what you want and when you want, because we live in an inter-connected world and in terms of non-perishable goods, these can be purchased locally.

How to business plan for small business

How to business plan for small business

Location is important for whom you sell too; most of your customers will consider the location as a fact which can affect their behavior when they are sourcing any product, because their choice will always be within their most comfortable area.

How to business plan for small business when you know your customers most comfortable area? Set up your target market and therefore you should analyse how they behave in getting there. Customers are very different, they don’t really like taking risk, because their money is at stake and they will always look for something within their comfort zone.

Now that you know a little about your customer, you can get out and look for it, try to meet the person and discuss the likes and the dislikes based on these performance factors : how they eat, sleep, relax and so on.

However, when I did my research how to business plan for small business, found that people have same behavioral patterns when they get day by day within different time constants.

A working business strategy?

How to business plan for small business successful needs also a good working business strategy. A plan for a scaleable business can be found in our subsequent posts about business modelling.

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Digital Agency Business Model – Financial Forecast

Sales Forecast

Digital agency business Model will help you identify the needs for your business in terms of cash that it can generate vs the cost of the business and the profits for your investors. Getting a successful digital agency business Model right is in fact getting these numbers right so they stack up and create the multiply factor which I personally named it the ‘Fibonacci Stack’ .

In other words, if the coefficient of this business gets down to the number of:

  • F(0) = 0 -> represents year 0 (also it is the investment year)
  • F(1) = 1 -> represents year 1 (where majority of the businesses start to make profit)
  • F(year) = F(year-1) + F(year-2)

you could probably get some investor attention.

Getting down to this formula, your business Model will prove that is scaleable and some investors might consider looking at it in more detail which guarantees you a face 2 face meeting at least where you can impress with your skills.

 

Digital Agency Business Model

Websprin-me finance plan

Sales Forecast Table

Year 0 - Conventional 0 profits

Unit Sales(US) – List here your products and services

Digital Agency Business Model unit sales in numbers

Price Per Unit(PPU) – List here your prices for your products and services

Digital Agency Business Model Products and Services Prices

Sales = US x PPU

Digital Agency Business Model  – Total Sales

TOTAL SALES (REVENUE) = (USxPPU) + (USxPU)+ … n

Cost of Goods Per Unit(CGPU) – Your cost to produce  per product and service

Digital Agency Business Model – Price per unit to produce

Direct Cost(DC) – Your Direct cost

Digital Agency Business Model – Total Cost for Production

TOTAL DIRECT COST(COGS) =  (CGPUxDC) + (CGPUxDC)+ … n

GROSS MARGIN = REVENUE – COGS

Gross Margin % = [(Revenue – COGS)/ REVENUE] x 100%

  • F(0) = 0

Year 1 - Conventional profit = investment

Unit Sales(US) – List here your products and services

Digital Agency Business Model unit sales in numbers

Price Per Unit(PPU) – List here your prices for your products and services

Digital Agency Business Model Products and Services Prices

Sales = US x PPU

Digital Agency Business Model  – Total Sales

TOTAL SALES (REVENUE) = (USxPPU) + (USxPU)+ … n

Cost of Goods Per Unit(CGPU) – Your cost to produce  per product and service

Digital Agency Business Model – Price per unit to produce

Direct Cost(DC) – Your Direct cost

Digital Agency Business Model – Total Cost for Production

TOTAL DIRECT COST(COGS) =  (CGPUxDC) + (CGPUxDC)+ … n

GROSS MARGIN = REVENUE – COGS

Gross Margin % = [(Revenue – COGS)/ REVENUE] x 100%

  • F(1) = 1

Year 2 - Conventional profit = investment x2

Unit Sales(US) – List here your products and services

Digital Agency Business Model unit sales in numbers

Price Per Unit(PPU) – List here your prices for your products and services

Digital Agency Business Model Products and Services Prices

Sales = US x PPU

Digital Agency Business Model  – Total Sales

TOTAL SALES (REVENUE) = (USxPPU) + (USxPU)+ … n

Cost of Goods Per Unit(CGPU) – Your cost to produce  per product and service

Digital Agency Business Model – Price per unit to produce

Direct Cost(DC) – Your Direct cost

Digital Agency Business Model – Total Cost for Production

TOTAL DIRECT COST(COGS) =  (CGPUxDC) + (CGPUxDC)+ … n

GROSS MARGIN = REVENUE – COGS

Gross Margin % = [(Revenue – COGS)/ REVENUE] x 100%

  • F(2) = 1

About the Sales Forecast

You should write details in your Digital Agency Business Model for your financial forecast to accommodate readers less savvy about finance for quick reference.

Target for F(0) is to achieve revenue of $______ from sales of design.

Target for F(1) with a full team is to achieve revenue of $____

Target for F(2) is to achieve over $____ revenue.

Personnel Plan

Personnel Table F(0)

Write here your details about the personnel for your Digital Agency Business Model, which will run the business on a daily business like Director, Account Manager, Graphic Designer, Web Designer, UX/UI Designer, SEO Specialist and other.

TOTAL COST PERSONNEL(TCP)

Personnel Table F(1), F(2)

Write here your details about the personnel for your Digital Agency Business Model, which will run the business on a daily business like Director, Account Manager, Graphic Designer, Web Designer, UX/UI Designer, SEO Specialist and other.

TOTAL COST PERSONNEL(TCP)

About the Personnel Plan

The ____ year is took in stages for employment. Early stage work will be covered by your name as company director, plus list all your personel duties and when they should join the company and at what stages.

Budget

Budget Table F(0)

  • Expenses (Write here your expenses for TCP, TCP Related Expenses, Marketing Costs, Promotional Costs, Rent, Utilities, Insurance, Bank Charges, Travel, Trademarks, Patents, Corporation Tax)
  • Major Purchases (Office Space, Electronics, Company Shares)

TOTAL BUDGET(BE) = E+M 

Budge Table Table F(1), F(2)

  • Expenses (Write here your expenses for TCP, TCP Related Expenses, Marketing Costs, Promotional Costs, Rent, Utilities, Insurance, Bank Charges, Travel, Trademarks, Patents, Corporation Tax)
  • Major Purchases (Office Space, Electronics, Company Shares)

TOTAL BUDGET(BE) = E+M 

About the Budget
The budget for Digital Agency business Model expenses written in detail . You should cover here all your related business expenses which.

A start-up budget will be written in subsequent chapter.

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