LimeMinds specialise in working with small businesses to help them succeed and grow profitably
Let LimeMinds work in partnership with you to…
- Define your business goals and processes through planning and financial modelling
- Create a best in class Marketing plan
- Enhance your Web presence through online marketing and PR Strategies
- Develop your personnel’s business skills through our easy to implement Business Academy
We are committed to the delivery of high quality services that will make a real difference to your business, whether you are looking to start up your business, launch a new product/service or improve an existing one.
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Seeking funding for your new business can be a real challenge. Meeting with potential investors or banks is daunting, but having a sturdy business plan to back you up should help boost your confidence and your chances of gaining finance.
It is essential that you provide the right type of information to enable your would-be lender or investor to make an informed decision with ease. If you give the preparation of your business plan careful thought and follow a few simple guidelines you are much more likely to succeed. Here are some top tips from SmallBusiness.co.uk:
Good Growth
Avoid assumptions – Don’t presume your bank manager or investor will know everything about the specific kind of business you’re in. There are thousands of types of business, so they can’t possibly have a detailed knowledge and understanding of them all. Remember they’re a generalist and it’s your job to be the specialist or expert.
Describe what your business does and how it will make a profit. Use straightforward language as much as possible. Tell them who your customers will be and how you will sell to them – for example online or from a shop. Identify your competitors and give reliable information about your market.
Continue reading “Business Funding – Do’s and Don’ts” »
For the vast majority of Britains working life involves working for someone else but a recent survey suggests more than 10 million people would like to start their own business, with a significant number of those giving it some serious consideration. Despite this so few actually do see their dreams through.
Getting into debt and concerns over levels of income are given as the main reason people don’t start up. Perhaps more interesting is that almost a third polled said that they didn’t know where to start. It’s this lack of knowledge and accessible support that creates a real hurdle for those wishing to leave the rat race, a stops so many getting past the initial idea or thought of starting out on their own.
It only takes a quick search of the internet to find an array of websites dedicated to helping new businesses. Often finding information through the jungle of sales patter and raft of advertisers can be difficult espcially for the novice entrpreneur. One of the best resources out there is the business Link website www.businesslink.gov.uk. Provision for all aspects of starting, financing and running a business are covered with links and contact details to get all the support any business owner could possible need. The website contains a number of great articles and online tools all for free.
Continue reading “Out on Your Own” »
