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Home » News & Insights » Tips for SME’s – Concept & Vision

Tips for SME’s – Concept & Vision

Posted on 12th February 2018

#1 Concept & Vision

All SME’s start with an idea, an individual’s vision. So how can you take your idea and make it a reality, that will have longevity?

Do your research. Market research will enable you to establish a need for your product or service.

Be true to your idea. Research will often add value, but occasionally trusting your instinct is enough. You need to establish what is valuable feedback and what is rhetoric.

Draw up your cash flow forecast, and make sure your numbers not only stack up during this planning stage, but that they evolve at each stage of growth as your concept develops.

Writing a business plan is often something that is daunting for someone taking their first step on the business ladder;

  • Don’t fear it- your business idea has come from you, so let your passion shine through your business plan.
  • Keep it brief – much like a CV, keep it precise and concise.

If you need help with cash flow forecasts, business plans or just a casual meeting to assist you with making your idea a reality- call us today 01473 558866.

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Filed Under: Tips for SMEs

Disclaimer:- The information contained herein is given by way of general guidance only and no action should be taken solely on the basis of the information contained herein. The Avanti Group (UK) Ltd will be pleased to provide further guidance on the issues, and how they might affect you. No liability is accepted by the firm for any action taken without seeking appropriate professional advice

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