A Factsheet from Register at http://www.business111.com for more factsheets By Liz Barclay Raising money for your business no longer means waiting weeks for a bank to say yes. Crowdfunding and micro-investment platforms have opened up new ways for small businesses to get funding directly from the people who believe in them. These may be customers, communities, and individual investors. Whether you’re launching a new product, expanding services, or bridging a cash gap, crowdfunding can raiseContinue reading “Using Micro-Investors and Crowdfunding to Raise Capital”
Tag Archives: Entrepreneurship
Using AI Tools Without Losing the Human Touch
A Factsheet from Artificial Intelligence (AI) is no longer the preserve of big corporations with vast tech budgets. Affordable tools are now available for small and micro businesses from automating admin and invoices to speeding up marketing, analysing sales data and providing 24/7 customer responses. Using AI can save time and money. However it can strip away the human connection that sets small businesses apart. Customers choose small firms because of personal service, expertise, andContinue reading “Using AI Tools Without Losing the Human Touch”
Running a Lean Stockroom
A Factsheet from Every item in your stockroom is money sitting on a shelf. If it’s not moving, it’s tying up cash you could use for something else. Lean stock management isn’t about running out of goods, it’s about keeping just enough to meet demand without overbuying. Where to find help A lean stockroom means more cash in your pocket, less waste, and better use of your space. By combining good data with strong supplierContinue reading “Running a Lean Stockroom”
Exporting: Taking Your Products and Services Overseast
A Factsheet from Selling overseas can open exciting opportunities to connect with new customers, bigger markets, and more revenue. But it comes with challenges. Research your target market thoroughly. Is there demand for your product or service? What’s the competition like? Are there cultural or legal differences that might affect sales? The UK Government’s Export Academy (https://www.great.gov.uk/export-academy/) offers free training to help you prepare. ExportingUnderstand the paperwork. Since Brexit, selling even to the EU requiresContinue reading “Exporting: Taking Your Products and Services Overseast”
Insurance: Getting the Right Cover for Your Small Business
A Factsheet from If you run a small business in the UK, insurance isn’t a “nice-to-have”, it’s essential. The right policy can mean the difference between surviving a crisis and closing your doors for good. But too many small business owners either pay for cover they don’t need, risk everything by being uninsured or underinsured, or don’t understand what the policy covers and don’t know to claim when the insured problem does arise. The typesContinue reading “Insurance: Getting the Right Cover for Your Small Business”