Nov 3 2011

Important Things To Know When Starting A New Business

important things to know when starting a new business

If you are thinking of starting your own small business, there is much you need to plan for to make your business a success. One of the most important things, is to write a simple business plan so you know exactly, what your business goals and crucially, how you will reach them.

Another crucial factor is how you should market your business. Whether you run an online or an offline business, you will need to find a sustainable way of attracting new customers to your products and services. Things to consider are online marketing methods such as having a website and using SEO and PPC to drive traffic to your website. You can use social media such as twitter and facebook to build your brand and attract enthusiastic followers. You can also use offline marketing methods such as magazine and newspaper advertising. As you can see, there are many marketing methods that you can employ.

Another important consideration is how you will run your business ie, run it as a sole trader or a limited company. This decision very much depends on your business and the amount of risk your business holds. It may well be worth speaking to an accountant to get the best possible advice about how to run your businesses finances in the most efficient manner.

If you want some sound and solid advice about how to run your business, guildford accountants can help you make these important decisions.

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