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Posts Tagged ‘Finance’

Perhaps controversially, I believe that too much emphasis and, indeed, money is spent on encouraging people to start their own business. In my opinion, resources should be restructured to offer more help to people once they have actually taken the plunge.  I believe people should be shown that business is a genuine career option, and [...]

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Earlier this year, entrepreneur and founder of The School for Startups, Doug Richard, published his Entrepreneurs’ Manifesto – a “declaration of rights” for small businesses. The manifesto sets out eight demands to a new government, each of which addresses a different key concern for businesses. In the build-up to the 6 May general election, Donut [...]

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I’m infuriated by the election campaign. When things were booming, the Government poured more petrol on the fire, preventing any correction and encouraging the whole population to binge on debt. Then times turned bad, so they borrowed even more. Spending has to reduce because we’re spending more than we’re earning. We understand that on a [...]

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I had always thought that the word “entrepreneur” sounded so glamorous. The truth is that you are “it”, from key decision maker and strategist to garlic peeler. When people ask me what my position is in my company I laugh – I’m the CEO and the cleaner.

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Ross (manager): “Welcome everyone, I trust you’re well. Item one: whether to invest in a company branded doormat.”

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Back in the mid-1990s, my company, Actinic, was set up using my own money and some I borrowed from family and friends. My business partner and I then raised £165k from an angel investor, and later a further £1.5m from venture capitalists, 3i.

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Last month we talked about starting a business on very limited resources. This time, I would like to think about the problem of having too much time or money.

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If you have an idea for a business and want to progress it, you are probably thinking in earnest about your business plan. If you are looking for outside finance, you are no doubt keen that the business plan will be a great marketing tool for your idea to banks or other investors.

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