Month: October 2015

Is my business idea a good one?

HQ It's Only Business

Is my business idea a good one? If I had a pound every time ive been asked that. So you’ve thought of a great business idea. Move over sliced bread here I come. There are some factors that should be thought about and discussed when deciding whether your business idea is a good one or not. Below is a list of some factors that should be taken into consideration when deciding this. Enough of a market There needs to be… Read moreIs my business idea a good one?

The Impact of social media in business

HQ It's Only Business
variety of social media icons and logos

Social Media is a massive part of running a business. Here some things you should know! Thе uѕе оf social mеdiа iѕ growing аt an аѕtrоnоmiсаl rate. With Fасеbооk flоаting оn the ѕtосk еxсhаngе at a mind boggling $104 billiоn, mаnу naysayers рrеdiсt a bubble. Hоwеvеr, thеrе is no dеnуing thе power of ѕосiаl mеdiа and the imрасt thаt it саn hаvе on thе business оf mаrkеting. Tасtiсѕ Sосiаl mеdiа wеbѕitеѕ such аѕ Fасеbооk, Twittеr, Linkedin аnd Pintеrеѕt represent a… Read moreThe Impact of social media in business

Starting a business whilst parenting

HQ It's Only Business
lady cooking whilst child holding phone to ear.

Starting a business can have it’s challenges. Especially if your a parent. Isit do-able? When some women become a full-time mother, that is when they actually cease an opportunity to get creative and finally make the decision to set up their own business. With the main advantage being able to work from home, and a close second being flexible hours around caring for the baby and/or children, many women see it as a win-win situation. There are several things that… Read moreStarting a business whilst parenting

Business collaborations – are they worth it?

Kris Wilkes
Business-Collaboration

Business collaborations work well when you take the right steps. Firstly, let’s look at the word ‘collaboration’. The Oxford Dictionary states: ‘The action of working with someone to produce something’ Unlike employing someone to do a particular role within a company, to create business collaborations is to source particular ‘skills’ in return for a mutual benefit. Sometimes this can be payment in return, but often there services that you can exchange that negate the need for payment in funds. We are… Read moreBusiness collaborations – are they worth it?

Keys to finding the right business partner

HQ It's Only Business
illuminated sign saying open to partnership

It’s easy to imagine your potential business partner offering you all that you are looking for, but there are both upsides and downsides to having a business partner. If you’re considering partnering up with someone on your business then there are some things that you should know. 1. Having a business partner has it advantages and disadvantages. One of the main benefits of a partnership is that you’re spreading the risk. There’s benefits impacting what you can do together. Whether… Read moreKeys to finding the right business partner

Going it Alone in business

HQ It's Only Business
business plan written on chalk board

In todays current financial state we are asking whether there is ever a right time to ‘go it alone’ in business. In 2013 there was 346,000 business births in the UK alone. So what’s stopping you from starting your own business? The answer, of course, is risk. Starting your own business is a risky proposition. You invest your time and money without the guarantee of a paycheque at the end of the month. If you’re in a secure job right… Read moreGoing it Alone in business