The SWOT Analysis
An important aspect of understanding any business is to understand where a business has a source of competitive advantage over others, where a business is vulnerable and how it can …
Course: Business Planning to Grow Successful Companies
Introduction
Welcome to week 2 of the course. Last week, we looked at business planning and how ideas are formed. By now, you should all have developed some ideas for a …
How did your Reflection Go?
Once you have received feedback on your business ideas from your peers, it is important to consider whether the idea is now something that is worth pursuing. Read through all …
Where do Business Ideas Come From?
Business ideas can come from a number of places. They could come from something as simple as a customer becoming frustrated with an existing product or service and developing an …
Million Dollar Homepage
Have you ever thought to yourself, “How could I make a lot of money really quickly without investing much?”. Well, that’s exactly what Alex Tew did. Let’s have a look …
Case Study: New Business Scenario
A small and growing business selling freshly baked desserts online is looking for someone to run the business and help it expand. All of the products are vegan, but the …
How to Plan for a Successful Business?
A business plan is a document that explains to the reader how a business idea will be put into practice. It helps to clarify the idea for the business and …
Principles of Successful Businesses
Although there are a range of factors that can contribute to the success of business, the content below will outline a summary of key factors that have consistently proven to …
The three sources of finance
No business can be carried without funding. In identifying suitable sources of finance, there are three broad categories. These are short, medium and long-term. Short-term refers to funds that generally …
SWOT in Practice
Now that we have learnt about what a SWOT analysis is, let us look at a real example of a typical SWOT analysis. The example below shows how the SWOT …
What is the SWOT analysis??
An important aspect of understanding any business is to understand where they have a source of competitive advantage over others, where it is vulnerable, and how it can respond to …
Introduction
Welcome to week 2 of the course. Last week, we looked at business planning and how ideas are formed. By now, you should all have developed some ideas for a …
Week in Review
Congratulations for completing week 1 of course 1. During this week, you learned about the characteristics of successful business, were introduced to business planning, and began to create your own …
How did your Reflection Go?
Once you have received feedback on your business ideas from your peers, it is important to consider whether the idea is now something that is worth pursuing. Read through all …
Where do business ideas come from?
Business ideas can come from a number of places. They could come from something as simple as a customer becoming frustrated with an existing product or service and developing an …