Do you know the difference between a joint venture and a business partnership? WE HAVE WRITTEN BEFORE about what makes joint ventures successful. Indeed, joint ventures are an appealing way to start a business because they enable two or more parties to create a...
Business structure and needs analysis when starting a business There are about twenty questions everyone should ask before starting a business. Most of those questions we cover in our Small Business Management Courses, while others we assume you’ve already thought...
We mentioned in a previous post that in business you’re always managing and taking risks and that part of managing and minimising these risks is planning. Planning is fundamental part of operating a business, which is why many of the subjects in our Small Business...
When you’re starting a new business, it’s important that you have a good grasp of the law to ensure you don’t find yourself in hot water later on down the track. We cover general and intellectual property law in our Small Business Management course, and we’ve also...
A little while ago, we published a post about goal setting, where we suggested that you start setting some short-term business goals that will help deliver your long-term business goals. The majority of people are familiar with long-term goal setting; it’s a...
In a previous post we talked about why and how you would go about protecting your business name, which we also cover in a lot more detail in the Intellectual Property and General Law module of our Small Business Management and Start-Up course. In this post, we thought...
In our Small Business Management and Start-Up Course, we feature a module about protecting your intangible assets, which relates to your intellectual property rights, such as your right to use your business name. Few people are aware of when they need to register...
In the module of our Small Business Management and Start-Up course that covers establishing legal risk and management, we talk about choosing the right business structure for your business. Depending on your circumstances – and your business idea, of course – you may...
In a previous post we talked about how important it is to plan and keep taking risks in business. A big part of planning is goal setting; in fact, the two are so intimately linked, it’s impossible to really do one without the other. In our Small Business Management...
This is the last post in a series of posts about financial planning for small business, which coincide with a module on planning small business finances from our Small Business Management Course. Here, we’re going to look at the most important part of the financial...
We’re been publishing a series of posts about financial planning for small businesses, which is also a module in our Small Business Management course. We recently looked at the very important aspect of any healthy business: cash flow, which brings us to another way of...
In our series of posts about financial planning, we’ve been talking about each of the crucial ingredients you need to include in your business’s financial plan. We’ve discussed using a financial spreadsheet for sales forecasting; now let’s take a look...
