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Showing posts from November, 2015

Invest in your Business

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Many small / medium sized businesses are incorrectly set up. The thing is many of them try to short cut their way to success and it always comes back to get them at a later stage. Often that stage is when they seek external funding.

When going into business you need a few things from the outset. There will be listed below:
Money - You will need funds to establish your business properly regardless of your strategy. Your business needs to be registered. Depending on the nature of your business, you will need a structure that limits your liability. They will be differences in your jurisdiction, but will serve similar purposes. Allocate some of your funds to seek sound legal counsel and establish your business on a proper footing. Money is also needed for a business plan if you do not yet have one, they are not cheap; though when compared to the costs of not having one they are priceless. Stationery, Office Equipment, Tools, Marketing Material, Other Assets necessary for your business. Th…