Many businesses fail because of lack
of cash flow or working capital. A
business plan will alert you to
potential cash flow problems, which
means you can look into funding
before a crisis hits!
You can use Business Plan Pro,
Business Plan Template or any other
software. Get advice from relevant
government agencies.
3. Legal & Administration
A limited company means your
personal assets are safe in case
something should go wrong but you
will have more administration. .
4. Branding
Now that you’ve found your product
and written your plan, work on your
branding:
•
Business name. linked with the
domain name
•
Logo
•
Tagline
•
Your Unique Selling Point Corporate” colours
You can pay a graphic designer to
design a logo or you could use
websites like http://graphicriver.net/
for logos.
You’ll need to think of a company
name. Search at your local
c