Getting Started
Assessing the Market for Your New Business
Identify the Market There is little point launching a company unless you feel pretty sure that there is market for it. Market research at this stage is param...
Assessing Your Business Competition
Know the Market As with any business, one of the key factors in making the enterprise work is to know your enemy. Your enemy in this case being direct compet...
Corporate Manslaughter Act and Dangerous Activities
In 2007 there were changes made to the Corporate Manslaughter Act which has an affect on the events industry. Certainly those companies and suppliers that of...
Costs of Starting Up a Business
Before looking at launching into business, you will need to look very carefully at the startup costs. Not just for the initial setting up period, but to cove...
Drawing Up Relevant Contracts for Events
As with any business it’s important to protect both yourself and your client. Although event management is largely based on organisational skills, there ar...
Events Terms and Conditions
Running events will inevitably leave you open to some risk – as in any job that involves people and their wellbeing or safety. For this reason it’s very...
Getting Investment for Your New Business
When starting up a business you are definitely going to need to have some funding. Whether that is money you raise or supply yourself, or whether you get it...
Handling the Pressure of Your New Business
With any job in business that has responsibilities comes pressure but there is nothing compared to the pressure of running a business. Apart from the day to...
How Well Do You Know the Events Industry?
Setting up in business is hard work and risky, and one of the issues that is imperative to take on board when making that choice is to know your industry. On...
Is Business Experience Important?
Launching any business is a hard and time-consuming task and doing it without relevant business experience can make it even harder. Do you have the right ski...
New Business Support Schemes
Starting up your events business can be a daunting prospect and one of the things new business owners find is the huge difference between working for someone...
Partnership or Sole Trader?
Choosing the right relationship and structure for your business is vital. We have looked at limited companies and how to set them up in another section of th...
Putting Together a Business Plan
It’s vital to have a well planned, working business plan when setting up any business, and an events business is absolutely no different. Business plans ca...
Registering for VAT
We’ve all heard of VAT of course. VAT is a tax charged on most business-to-business and business-to-consumer transactions in the UK. Being ‘in business�...
Setting Up a Limited Company
What is a Limited Company? Most small businesses set up as a limited company, and ‘limited’ in this case means just that. The company’s liability is li...
Understanding Profit & Loss: Identifying Margins
The most important financial aspect of a business is profit. You could be turning over millions, but if your profit margins are low, it makes no difference i...
What Kind of Events Will You Offer?
With so many events companies set up or setting up it is important to be clear about what you’re offering. This goes not just for the style or pricing of y...
What Makes Your Events Different?
The events industry is an increasingly competitive arena and making your events different is extremely important. In business it’s the things that make you...
Where Will The Business Be Based?
They say it’s all about location, location, location! Setting up a business is no different. Getting the right business premises to operate from can make a...