1. What Is Primary Research? Primary research involves collecting new data directly from original sources, typically through: It’s used when specific, up-to-date, or detailed information is required that can’t be found elsewhere. 2. Advantages of Primary Research a. Tailored to…
1. What Are Business Rates? Business rates are a tax on most non-domestic properties in the UK, including shops, offices, warehouses, and commercial buildings. They’re based on the property’s rateable value, set by the Valuation Office Agency (VOA). 2. Can…
1. Why a Business Partner Matters A business partner can bring complementary skills, shared responsibility, financial investment, and emotional support. A good partnership boosts productivity, creativity, and chances of long-term success. 2. Know What You’re Looking For Before searching, define:…
1. What Is a Start Up Business Grant? A start up business grant is free funding provided by the government, charities, or private organisations to help entrepreneurs launch or grow their businesses. Unlike loans, grants do not need to be…
1. What Are UK Small Business Loans? UK small business loans are financial products designed to help small and medium-sized enterprises (SMEs) access working capital. These loans support growth, equipment purchase, hiring, marketing, and more. 2. Types of Small Business…
1. Why Market Research Data Matters in a Business Plan Including market research data in a business plan shows investors and partners that your idea is based on real demand, not guesswork. It proves: 2. Where to Put Market Research…
1. What Is a Small Business Loan? A loan for small business is financial support provided to cover operational costs, growth plans, or cash flow management. These loans are tailored for UK-based businesses with limited revenue, typically under £10 million…
1. What Is a Cash Flow Projection? A cash flow projection estimates the money your business expects to receive and spend over a future period, usually monthly or quarterly. It helps ensure you can meet financial obligations and plan for…
1. What Is a Franchise Loan? A franchise loan is a type of financing specifically designed to help individuals start or buy into a franchise. It covers expenses like franchise fees, equipment, fit-out costs, and working capital. 2. Why Choose…
1. What Is Marketing in Business? Marketing is the process of identifying, attracting, and retaining customers by promoting products or services. It encompasses everything from market research and branding to advertising and customer engagement. 2. Why Marketing Is Crucial for…
