James Caan explains the new concept of intrapreneurship and how it can benefit any business owner.
It may sound obvious but knowing your numbers is essential for business growth. Understanding how much your product costs to make and deliver, how much you expect to take out for yourself and what your running costs will be i.e employing staff, marketing costs, office space, equipment, bills, maintenance etc are all part of essential business planning.
Selling a business isn’t widely discussed but has become more acceptable in our contemporary society. Essentially, everyone starting a business is creating something to sell. People often comment on entrepreneurs who they feel ‘sell out’ too soon but to me, it shouldn’t make a difference.
More and more people have developed an appetite for entrepreneurship, fancying the idea of being their own boss and the freedom that comes with it.
‘New year, new career’ has made its usual appearance across media channels this month and the encouragement of annual reflections often makes employees wonder if the grass is greener on the other side? Reflecting on 2014 reminds us all to think about our career focused New Year resolutions and ensure we have done everything we promised we would do the year before. More importantly though, it prompts us to focus on projections for 2015.
One of the easiest and best ways to promote your business is by simply talking to people about it and spreading the word.
In the modern world, entrepreneurship is more popular than ever. But ironically, that same world makes it more and more difficult for entrepreneurs to be what I call ruthlessly focused.
Amongst all the tools entrepreneurs have, there is no doubt in my mind that the most significant is their experience and knowledge. This is something which, often can’t be quantified in the same way as profits or net worth figures, but makes a huge difference to a business’s employees, as well as others who want to start a business.
There is nothing wrong with having ambition as an entrepreneur; it is what drives us all to get out of bed. We want to make our businesses as successful as possible, and in many cases people want to expand overseas as quickly as possible.
Are you ready to start your own recruitment company…? Serial Entrepreneur James Caan Announces the Launch of his Third Search for the Next Recruitment Entrepreneur.