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Big Golf Tours
Success Story
Success Story 02 August 2024 A 53-year-old self-taught golfer is hoping to share his newfound passion for the sport with other golf novices in an accessible, beginner-friendly format with the launch of a new business venture, Big Golf Tours. Information about Aeroplas Region/Nation Scotland Sector […]
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Vicky’s Brasserie
Success Story
Success Story 30 July 2024 74 year old entrepreneur Ferris Cowper has had an extensive career working for big brands like Mars and IBM and running several successful SMEs, as well as a stint as a Local Council Leader, but he didn't want to stop there. Last year he built and opened his very own […]
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Melin Llynon
Success Story
Success Story 26 July 2024 Restoration work on Wales’ last working windmill has completed, allowing the sails of the 18th century flour mill to turn again. Information about Aeroplas Region/Nation Wales Sector Hospitality, Accommodation and Food Service Activities Programme Start Up Loans Richard […]
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BKW CrossFit
Success Story
Success Story 26 July 2024 A group of four friends have joined forces to launch BKW CrossFit, a new community-based gym in East Bristol, with the help of a Start Up Loan from the British Business Bank. Information about Aeroplas Region/Nation South West Sector Arts, Entertainment and Leisure […]
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Chapter twelve: Jargon buster
Below you’ll find explanations of some of the financial and business terms used in this guide: Balance sheet – A statement that outlines a business’s assets, liabilities, and shareholder’s equity at a specific point in time. Cash flow statement – A statement that shows the money coming in and going […]
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Chapter eleven: Protecting the intellectual property of your business
Your business’s intellectual property (IP) are intangible assets created by intellect, such as branding, logos, slogans, inventions, photographs, illustrations, and taglines. A competitor might copy your IP if you don’t protect it, which could damage your business. There are various ways to […]
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Chapter ten: Networking
Networking is an important activity for new small business owners. It’s a way to connect with and learn from other business owners, meet useful experts and connect with potential customers or clients. In addition, launching your own small business can be lonely, so attending events can also help […]
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Chapter nine: Marketing your business
Once you’ve launched your business, you need to get your products or services out there. To help you generate sales, it’s a good idea to create a marketing plan. This document should outline how you’ll communicate the benefits of your products or services to your target customers, the pricing […]
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Chapter eight: Setting up a supply chain
A supply chain is the system of supplying a product to a customer and it’s a process that entrepreneurs running a product business must get right. If you end up working with unreliable suppliers or you pay too much for your supplies, you could end up losing customers or reducing your profits. […]
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Chapter seven: Tax explained
There are various taxes you need to be aware of as a business owner and you should consider seeking independent, professional tax advice to ensure you pay the right amount. Income tax Income tax is personal tax paid on income, including the profits made by self-employed people. Most people in the […]