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Tag: starting a business

How to assess the competition in your business area

Checking out the competition is a must when embarking on a new business venture. You can look at their pricing, the quality of their products and services, and their strengths and weaknesses and use all that information as part if your plan of attack.

It all sounds simple enough, but if you don’t know how to cut to the bone you’ll just be gathering information that will sit in a file somewhere collecting dust. This video will show you how to make sure you don’t miss anything out.

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Brit bedroom entrepreneurs are on the rise by more than 50%, finds survey

More Britons are setting up in businesses in their spare time and from their bedroom, according to a survey released today.

According to their research there has been an increase of 34% of businesses being set up in spare time in the past 12 months. All of these so-called bedroom entrepreneurs revealed that they did so because starting a business is now easier, with costs a lot lower than a few years ago, thanks to being able to start up online.