A new study has revealed one in two small business owners lost out on sales worth £10,000 in the last 12 months after unreasonable demands forced them to reject contracts. more»
It’s crucial to do your market research before you set price tags so you can benchmark yourself against competition. If yours is the first to market, research is still key to figure out the ballpark price a consumer would be willing to pay. more»
When deciding on pricing, many small business owners make the mistake of only focusing on the gross profit margin and tend to forget about allocating something for their overheads or fixed costs. more»
One of the very first aspects of setting up a business you will need to tackle is finding suppliers for your products, and the subsequent contract agreements that will help your business function and operate successfully. more»
Despite knowing that there will always abuses of trust, Philip Bier thinks not putting faith in people ultimately holds small businesses back from growth. more»
Moving through the gears, day three of our exclusive James Caan seven-day startup guide focuses on the considerations that must be made whether you're selling a product or a service. more»
Shelim Hussain, founder of the Euro Foods Group and Kukd.com, provides some advice on the fundamentals of getting your business up and running – having set up his first company when he was 17 years-old with just £20. more»
