IT Equipment for Small Businesses
1. Hardware – Computers, Laptops, Phones.
2. Software
3. Network
4. Accounting System
5. Payroll Software
6. Inventory Control System
7. CRM (Customer Relationship Management)
8. Cloud Working
9. Payment Options for Customers
Online integrations
Card machines at point of sale
In summary …
How to Find a Premises for your Business
1. Make a specification for your ideal premises considering internal and external factors.
2. Should I license, lease or buy my work premises?
3. Where do I look for commercial premises?
Resources for finding the perfect property
What are the Finance Options to Help Grow my Business?
1. What are the different sources of finance to help my business grow?
2. What is the difference between equity and capital?
3. What are some terms to know when looking to finance the growth of my business?
4. How do I write a pitch to attract external finance?
Invoicing for Small Businesses
1. What is an invoice and why do I need them?
2. What should I include in an invoice?
3. How should I keep track of my invoices?
4. What’s the difference between an invoice and a receipt?
5. What is a VAT invoice and when do I use it?
6. What is invoice finance?
7. What are the types of invoice financing?
8. When should I use invoice financing for my small business?
How to Lease Equipment for your Business
1. What are the benefits of leasing equipment?
2. What types of finance contracts are there?
3. Do I have to add leased equipment to the balance sheet?
4. What should I look for when leasing equipment for my business?
How to Create a Business Strategy
1. What is a business strategy?
2. How do I write a business strategy?
3. What areas of my business should I have a strategy for?
4. Are strategies really worth the time taken away from my business?
Employment Types & Contracts
What is an employment contract?
Permanent
Advantages
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Disadvantages
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Dedicated team
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More administrative work
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Easier to plan out future
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Increased liability
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Potentially higher costs if you offer benefits
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Freelance
Advantages
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Disadvantages
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Cost
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Lack of understanding your business
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Usually quick and easy to find
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Can not invest in freelancers eg. training
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Knowledgeable with experience
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Uncertain quality of work
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Self-employed
Zero hour contract
Advantages
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Disadvantages
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Easy access to workers when needed
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Zero Hour Workers aren’t always available
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No need to train new people
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Likely high turnover
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Lower costs than having permanent staff
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