Tag: startup ideas
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Opportunities and Trends in Sustainable Fashion for the Year 2023.
Launching a sustainable fashion brand can be a rewarding yet challenging experience. With sustainability at the forefront of the fashion industry, there are many examples of fashion labels that have successfully become household names. However, to increase your chances of success as a sustainable fashion brand, there are key considerations to keep in mind. 1.…
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One benefit of becoming a franchisee is the numerous advantages it offers.
The demand for entrepreneurship has never been higher, with more individuals looking to start their own businesses in pursuit of work flexibility, passion, and the desire to be their own boss. However, it is important to note that many new businesses fail before they even take off. According to statistics from Turner Little, more than…
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Is the “Rule of 7” Applicable to Your Small Business?
Visibility is key to the success of any business. While new channels for marketing have emerged over the years, the Rule of 7 remains a useful starting point for businesses to build on. Here are seven tips to help your business implement the Rule of 7 and increase its visibility: 1. Know your client base:…
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Attending a franchise exhibition in 2019 can offer you a range of benefits, making it a worthwhile investment of your time and resources.
According to Pip Wilkins, CEO of the British Franchise Association (bfa), attending a franchise exhibition is the best way to understand the franchising industry. The industry has experienced continued growth for over 20 years, generating a £17.2 billion turnover in 2018. Despite this, most people in the UK associate franchising with fast-food chains, failing to…
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A comprehensive guide on initiating a recruiting enterprise
Starting a recruitment business only requires a phone and internet connection, but investing in additional resources can help you grow and succeed. A website is crucial for recruitment agencies, as it serves as the public face of the business. Creating a website using DIY website builders like Wix and Squarespace can cost as little as…
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The optimal process for launching and expanding a thriving franchise
Expanding on the Misconception of Fast-Tracking Sales through Franchising Many people believe that opting to franchise their business would instantly fast-track sales, but this couldn’t be further from the truth. Though it’s true that franchising can save time since the franchisor doesn’t need to build everything from scratch, such as the product, content, market, or…
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How to start a business in 2023
Step 11: Building and Expanding Your Business Congratulations on completing all the necessary steps to establish your business! Now, it’s time to focus on growing and scaling up your enterprise. The following are crucial areas to consider: Identifying Growth Opportunities Acclaimed business manager Igor Ansoff created four recognized methods for improving business strategy, product, or…
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Tips on managing finances for franchise investors
Expanding and rewriting with 20% increase: Franchising is a lifelong aspiration for many entrepreneurs, as it promises immense rewards and lucrative returns. However, the cost of starting up a franchise is often overlooked, leading to severe financial challenges that can significantly hinder your progress and reputation. So, how can you raise enough funds and safeguard…
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Key steps for initiating a day nursery
The regulations and licenses required for starting a day nursery vary depending on the location within the UK, whether in England, Wales, Scotland or Northern Ireland. However, there are some core regulations that remain consistent across the UK. These regulations include registering your day nursery with the country’s specific regulator and ensuring that the nursery…
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Establishing a Drainage Company of your Own
The United Kingdom’s population has been experiencing steady growth in recent years, leading to an increased demand for industry services. The housing and industrial sectors have seen significant growth, resulting in higher demand for services such as drainage and sewerage. According to research by Ibis World, the drainage industry revenue is projected to increase at…