Starting Out
Buying a very small business means buying a set of assumptions
Taking over something that already trades removes the hardest part of starting and replaces it with a…
· 3 min read
Starting Out
Going from an idea to something that can take money, and what has to exist first.
20 articles · page 2 of 2
Starting Out
Two people starting one business need to write down the awkward things
Partnerships between people who trust each other fail on the questions nobody wanted to raise at the…
· 3 min read
Starting Out
The businesses you depend on are a risk you chose without noticing
Almost every small business has a handful of suppliers it could not easily replace, and that exposure…
· 4 min read
Starting Out
Nobody sets your week now, and that is harder than it sounds
A self-employed week arrives without any externally imposed shape, which sounds like freedom and behaves…
· 3 min read
Starting Out
Turning something you enjoy into something you sell changes the thing
A hobby that becomes a business acquires deadlines, customers and a great deal of repetition, and the…
· 3 min read
Starting Out
Having two things to sell is a different kind of safety
A business built on a single offering is exposed to anything that happens to that offering, and adding a…
· 3 min read
Starting Out
Selling to a business and selling to the public are different trades
Who your buyer is changes how the decision gets made, when the money arrives and which rules apply, and…
· 3 min read
Starting Out
Decide in advance when you will judge whether this is working
A business that has never agreed with itself what a good result would look like by a particular date tends…
· 3 min read