This weeks blog and video continues with pricing, moreover How you should price your products, and how to calculate your product prices . In addition you need to know this when developing pricing strategies for your business. Our video goes through this So, if your...
How to budget for your tax bill- this is not as hard as it may seem. Firstly, imagine the money you have in your account right now as shared funds. Some belong to you, some does not (kind of like a lotto syndicate but less fun). Now with that in mind, if possible, you...
Your business plan is nothing without your objectives and goals for your business. Firstly, as a general rule, it’s good to have objectives and goals in your life. Secondly, it’s crucial to have them for your business. They will help it run smoothly and ensure a focus...
Getting paid on time and getting it right - easier said than done… Firstly the vast majority of self employed individuals and businesses often face a delay in getting paid. From a financial perspective cash is king in the short, medium and long term. Therefore weak...
Cash flow or fail! Because money talks. And it is especially talkative when you don’t have any, nagging money worries keep people up all night and worried all day. Most of us have been broke at some point in our lives. Most people will have had to adopt certain...
How to kick start your Social Enterprise. What you need to know. What is a Social Enterprise? There are over 100,000 social enterprises throughout the country. Contributing £60 billion to the economy and employ two million people. Firstly, Social Enterprise, Charity,...
How to choose your accountant is really important and something that ideally you need to take time looking into. Accountants don’t just punch numbers into a calculator there’s so much more to it than that. It may seem a bit daunting choosing your accountant, but in...
Most people think that there’s not a lot in common between accounting and the arts. But the two do have something in common – money. Even artists have to eat, and to make a living as an artist, you have to make money. It’s not about winning million pound commissions...
Developing fundraising ideas in the arts world. Ideas and SWOT analysis Gather together ideas from all of your stakeholders. Include colleagues, volunteers, donors, partners, users, competitors and beneficiaries. For example brain storming (or if you prefer, thought...
Firstly, on the face of it you might not think that artists working with businesses is a good match, but they have a lot in common. And you might doubt whether they can work together effectively. But to dismiss artist and business partnerships would be to miss out on...
Arts and business – plan! Moreover, arts organisations are full of creative and energised people, who want to deliver inspiring work for their audiences. That is to say, they want to put on amazing events that will have people inspired. But that doesn’t mean they...
What’s it like being self employed? The reality, not the fiction. If you’re thinking of taking the plunge then have a real good think about it! When you are self employed you will at times feel like you’re spinning hundreds of plates on sticks. It can be really...
Most importantly, self employment is a risky business, but what in life is risk free ? Certainly, a great number of individuals dream and think about being self-employed, your own boss, your own path. Many do make that move from dream to action, for most this proves...
Three tips for your business growth Firstly, in this weeks blog we're giving you Three tips for your business growth. More specifically we are going talking about MCP. Secondly, whatever your outlook for your business future, you cannot afford to stand still and be...