Want to build a product people actually buy? The first step is to research target market data so you understand who your ideal customers are, what they need, and how much they’re willing to pay. This guide explains how to identify your audience, create customer personas, conduct interviews, and use real market research insights to shape smarter pricing and business decisions.
Owning a buy-to-let property requires due consideration. While there’s the appeal of steady rental income, there are also many points of expenditure to bear in mind. As always, the difference between a positive investment and a financial headache comes down to preparation.
When looking to assess your business’ financial performance, one of the most important metrics to keep in mind is EBIT (Earnings Before Interest and Taxes). Keep reading to learn more with Brixx.
Need a business plan fast? Whether you’re facing a crisis or seeking urgent funding, an emergency business plan can help you act quickly. With Brixx, you can build a business plan in a day, complete with financial forecasts and clear action steps. Learn how to create a rapid, effective plan to navigate any challenge.
Today we take a look at the risks and rewards of starting a business. Starting your own business can be very rewarding. There are also a number of risks involved in becoming an entrepreneur. This blog post covers all the problems and joys you might expect to encounter when starting your own business and being your own boss.
Startups by their very nature are breaking new ground. It’s perhaps ironic then that many are founded by entrepreneurs who have trodden this ground before, who know the ropes of setting up a business, driving customer acquisition and finding funding and bringing together positive teams.
In the world of business, there’s a critical distinction between different types of profit that can impact decisions at every level. One such concept is economic profit – a measure that goes beyond basic earnings to provide a deeper understanding of a company’s financial health.
Like all businesses, starting a photography business isn’t as simple as registering and getting hired as a freelancer in photojournalism. No need to fear, as this in-depth guide will provide you with all the details you need to start your own photography business.
Data is an invaluable resource that businesses cannot afford to ignore. However, how do you get actionable insights from such data? Explore this topic with us in our latest article.
Management reporting is a type of report given to management-level employees within a business. A management report typically involves employees collecting, analyzing, and presenting key information to help with decision making, providing an overview of all business performance.
Acknowledging that your business needs a precise, adaptable business plan can be the first step to growth. Business plans can be large, data heavy, and confusing, so within this article, we will focus on ten key components that form the backbone of a successful business plan.
Xero is a fantastic small business accounting system. Check out our roundup of the best add-ons for UK based small businesses.
Understanding the difference between a business model and a business plan is crucial for entrepreneurs and business managers. While these two terms are often used interchangeably, they refer to distinct aspects of a business’s strategy and operations.
Return on assets (ROA) is a financial ratio that calculates the profitability of a business in relation to its total assets. This ratio is often used to assess how effectively a company is using its assets to generate profit.
Accounting is the backbone of any organization’s financial operations – however, it has to be done correctly and within regulations. The Generally Accepted Accounting Principles (GAAP) play a vital role in establishing consistency and reliability in financial reporting.
In this post, we’ll explore 11 different ways you can use ChatGPT to improve your business operations.
Over December 2022 and Early January 2023, we have released several updates and bug fixes to improve our user experience. Including the introduction of our Tax report, enabling you to view a breakdown of Tax payments for your plan.
The integration between Brixx and Crunch means that you are able to visualise your company’s financial future and see the “big picture” Take a look at this Financial Forecasting Masterclass to see what this integration means.
So, you want to start your own clothing business? Welcome to the guide on how to do just that. In this guide, we’re going to cover everything you need to start your own fashion label, including ideation, growth and so much more!
There are two methods of calculating net cash flows, but which should you use? In this article we draw the differences between the direct and indirect cash flow methods and help you decide which method you should use for your cash flow report.
When it comes to finance, jargon can quickly become confusing. In this piece, we aim to chop this jargon up into digestible, easy to understand definitions with a simple example.
In this article, we’ll be looking at how to design a website. The design of a website should reflect your branding and should also appeal to your target market. Throughout this article we’ll look at how to incorporate all these things into the overall look and feel of your website.
In this article we explore the ways you can protect your business. You’ve got a minimum viable product and know how you’re going to market it. You now need to make sure you protect your business from the law and to ensure people don’t steal your idea! In this article, we’ll be looking at how to patent and trademark your intellectual property designs, what terms and conditions and privacy policies are and why you need them, and how to protect your company from breaching GDPR.
So, you’ve got a big idea for a business and you’ve started researching the market you want to approach. What’s next? How do we take this seed of an idea and nurture it into a credible business? That’s what we’ll tackle in this article where we begin refining your idea into something that can make money. There’s more to starting a business than just coming up with a product or service you can sell.
Struggling to come up with ideas for businesses? Don’t worry, we’ll take you through an easy process for coming up with business ideas that match your skillset. We’ll take you through how to identify a gap in the market, if it’s a good business idea and whether it’ll be profitable.
Some tasks just suck up time – in which case you need to delegate. In this guest article from Kayleigh Alexandra at Micro Startups, we delve into 7 tasks to delegate early on.
