August 2007
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Day August 1, 2007

Business Plan – What for?

The best thing to do is run your business, see where it takes you and then talk other peoples money, VCs, etc.Getting money from banks or VCs is a risky business, here are people who tell you how to run your business, yet know close to nothing - certainly less than you - about your business.... - on the part of banks and VCs as on the part of those how seek funding.If you want to do something good for yourself and your business idea, its bootstrap and stay away from banks and VCs for as long as you can - it is surprising what a little creative (but honest) cash-flow planning and bootstrapping can do.

e-Commerce will boost your Biz

An online office and on-demand small business infrastructure can integrate the many processes that are crucial to a business and this is especially true for small businesses having less than six employees.Your e-commerce should be secure and assure your clients that their crucial financial information is safe on your website. It is important to manage your IT requirements for e-commerce on a daily basis so that your business doesn't suffer because of any slip ups or technical failures.When you think about starting up your business, e-commerce should be high on your list of priorities, even if you are starting a personal business, like Contractors, Freelancer, Free-Agent, Self-employed and Virtual Assistants.

Big business less flexible than SMALL BIZ

An interesting research study by Mitel indicates that small businesses are more open to adopting flexible working conditions not only for the employees but also for the business owners.... Since the internet can be accessed at any time it really doesnít matter where one is and can log on and make crucial business decisions.Working styles are changing globally and on-demand small business infrastructure is paving the way, not to forget it is more eco-friendly too.

Myth Buster: Health & Safety Executive

Here is an example of some good advice for small business, the Health & Safety Executive has a web-page called "Myth of the Month", you should have a look at it .... The law requires employers to assess risks and take appropriate action.HSE’s advice is that for most office electrical equipment, visual checks for obvious signs of damage and perhaps simple tests by a competent member of staff are quite sufficient.

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