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James Beer

A Guide to Business Insurance, Structure, Licenses & Permits

A Guide to Business Insurance, Structure, Licenses & Permits

As a startup, you need to think carefully about the type of business insurance you will require.

However, the first step before you go much further is that you will need to decide what structure the business is going to take, and register it accordingly. Your company must be legally registered for you to begin operating. 

James Beer 16th December 2019 By No Comments Read this post

How to Create and Test a Minimum Viable Product (MVP) for Your Startup

How to Create and Test a Minimum Viable Product (MVP) for Your Startup

One of the pitfalls fledgling entrepreneurs can fall into is getting stuck in the costly product development process. Lot’s of time and money gets invested into a business before customer feedback gets involved. When customer feedback eventually does get involved it can derail a lot of the work that has been put in.

Creating early prototypes for the purpose of gathering feedback is a good way to avoid this issue.

How to Find the Right Type of Pricing Strategy to Sell a New Product or Service

How to Find the Right Type of Pricing Strategy to Sell a New Product or Service

So far this week we’ve looked at how to choose the right business model for your startup. Now, we’ll be looking at how to find the right type of pricing strategy to sell a new product.

Your business model and pricing strategy are interrelated. In some cases, the pricing strategy you choose to adopt may even dictate your business model.

James Beer 25th November 2019 By No Comments Read this post

How to Choose the Right Business Model for Your Startup

How to Choose the Right Business Model for Your Startup

So, you’ve got a big idea for a business and you’ve started researching the market you want to approach.

What’s next? How do we take this seed of an idea and nurture it into a credible business?

That’s what we’ll tackle in this article where we begin refining your idea into something that can make money. There’s more to starting a business than just coming up with a product or service you can sell.

James Beer 25th November 2019 By No Comments Read this post

Week 4: Business Model – Choosing your Business Model and Pricing Strategy

Week 4: Business Model – Choosing your Business Model and Pricing Strategy

A business model is your company’s strategy that defines how your business is going to make a profit. Your business model should describe things like your value proposition, which depicts the goods or services that your offering and why your customers desire them. This description should clearly differentiate your product or service from your competitors. By the end of this blog post, you should be in a better position to determine the best business model for your startup.

James Beer 25th November 2019 By No Comments Read this post
How to create an effective financial forecast with no historical data header

How to Create an Effective Financial Forecast With No Historical Data

How to Create an Effective Financial Forecast With No Historical Data

Extrapolating historical data is one way of creating a financial forecast. If you’re a new business or a you are launching a new product, you need a different process. In this article we go through what this process looks like and how you can make effective projections even without past figures to reference.

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