Making your business an Olympic success

As attention turns to the 2012 Olympic Games, we consider how you can get your business off to a flying start and stay ahead of the competition with these Olympic-inspired tips.

Getting off the starting block … without jumping the gun

It takes years of hard work and perseverance for an athlete to make the starting line-up of an Olympic Games, and starting a business requires similar dedication.

If you’ve got a great idea for a new business, it can be tempting to push ahead without allowing sufficient time for research and planning. However, the more forethought you can give to the task of running your business, the more likely you are to succeed.

Becoming an Olympic success requires focus, determination and a long-term view. It can take years of hard work, long hours and plenty of stamina to build a successful and profitable business – as well as a robust planning strategy.

Before you get started, you will need to learn as much as possible about your chosen sector, the target market and your competitors, as well as any industry-specific regulations. You might even want to test the viability of your idea by initially running the business in the evenings or at weekends.

Of course, there are many other factors to consider, such as preparing a solid business plan, choosing the right business structure and raising the necessary finance.

These are areas where we can help – please contact us to discover how we can help to get your business off the starting blocks.

Overcoming hurdles

You are likely to encounter many hurdles throughout the lifecycle of your business, particularly during the early stages. But with careful planning it is possible to overcome these barriers.

One of the most common obstacles facing businesses today is securing the necessary funding. The key is to do your homework. If you’ve been refused finance through the traditional banking channels, research the alternative options such as business angels, venture capitalists and Government grants.

And don’t forget, the Enterprise Finance Guarantee (EFG) supports lending to viable businesses with an annual turnover of up to £25m seeking loans of between £1,000 and £1m.

You can read the full article on our website by simply clicking here

Advertisements

16 Responses to Making your business an Olympic success

  1. Thank you for great information I was on the lookout for this information for my mission.

  2. Super-Duper blog! I am loving it!! Will be back later to read some more. I am taking your feeds also.

  3. Thanks a ton for this – love the info and agree with your perspective. Nice blog, well done!

  4. Nice post, it seems that i’ll be comming here more often to check if you have a new post =)

  5. Elisabete says:

    excellent post. many thanks for sharing this resource. thanks so much for everything you’ve put into it this blog has me coming back time and time again.

  6. dress hire says:

    Im no professional, but I imagine you just made the best point. You obviously fully understand what youre talking about, and I can really get behind that. Thanks for being so upfront and so honest.

  7. I m really inspired with your writing talents as well as with the layout for a weblog. Is this a paid topic or did a person modify it on your own? Anyway stay up the excellent good quality writing, it will be rare to look a wonderful blog this way one these days..

  8. Looking regarding wedded seeking single web-site, youve go to a good option. go here after which enroll in completely free.

  9. Hey there! This is kind of off topic but I need some advice from an established blog. Is it very hard to set up your own blog? Im not very techincal but I can figure things out pretty quick. Im thinking about setting up my own but Im not sure where to start. Do you have any ideas or suggestions? Thanks

    • Thank you very much for your comments, we really appreciate any feedback on the blog.

      I would say if you are going to set up a blog, use wordpress.com. It’s pretty simple to set up, has some great style templates to help you create your blog, and it’s very easy to use when composing your blog as well.

      Good Luck!

  10. Thanks a great deal for your article. Truly looking forward to read more. Will certainly read on.

  11. buy credits says:

    You have observed very interesting details! ps nice web site.

  12. Jailbreak says:

    I love your intriguing post. great work. I hope you produce more. I will carry on subscribing

  13. Great website, thanks for share this article with us

  14. Web Design says:

    I truly appreciate this blog post.Really thank you! Fantastic.

  15. Thanks a lot for sharing this with all of us you actually realize what you are speaking about! Bookmarked. Kindly also discuss with my website =). We will have a link trade arrangement between us

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

My CMS

We are a firm of Accountants based in Harrow, Middlesex offering tips and tax advice to help sole traders, individuals and businesses in the UK grow. We'll also keep you up-to-date with the latest tax news hitting the headlines! We hope you find our blog helpful and appreciate any feedback.

Enplug

Our startup's blog

iShade's Curator Comments

Accounting Profession Beat by Korinne DePew (as of 12/3/13)

Lawrence Grant Chartered Accountants

We are a firm of Accountants based in Harrow, Middlesex offering tips and tax advice to help sole traders, individuals and businesses in the UK grow. We'll also keep you up-to-date with the latest tax news hitting the headlines! We hope you find our blog helpful and appreciate any feedback.

Les Conway

I offer a comprehensive financial planning service covering all aspects including retirement planning, protection and investment needs

%d bloggers like this: