Sharkup’s Post

Starting a business is a thrilling and challenging endeavour that usually demands the establishment of a strong and complementary partnership. Read more https://bit.ly/44NUdmz #StartingABusiness #EntrepreneurshipJourney #BusinessThrills #ChallengesInBusiness #StrongPartnership #BusinessVenture #BusinessPartnership #ComplementaryStrengths #BusinessSuccess #BusinessOpportunity #EntrepreneurialJourney #EntrepreneurLife

Launching 🚀 a start-up business in the UK 🇬🇧 presents a whole host of considerations. Many start-up founders often grapple ✊ with limited resources and support 🤝, making it challenging to meet all prerequisites for a successful launch ✅ We explain the 10 pivotal steps 🪜 every budding entrepreneur should heed 🤔 to guarantee a triumphant 🏆start-up launch, and how Nordens can help on your business journey 🛣👇 https://lnkd.in/ez4_KAzN #Nordens #Business #StartUp #SME #SmallBusiness #smallbusinessgrowth #Ltdcompany #Entrepreneur #SoleTrader #Funding #Accountancy #Marketing #Branding #CompanyRegistration #Directors #Shareholders #Advisory #Growth

Discussions about exit strategies often take a back seat to the excitement of building and growing a business. However, failing to have a well-defined exit strategy can result in missed opportunities and unnecessary risks. Entrepreneurship is filled with challenges and uncertainties. An exit strategy serves as a guide, helping businesses navigate obstacles and seize opportunities. It can provide clarity and direction, as a roadmap for the future of the business, establishing goals that set the business up for success and growth. An exit plan works as a strategic tool helping businesses succeed in the long term. With a solid exit plan business owners can leave behind a business focused on continued growth. #ExitPlan #ExitStrategy #BusinessExit #ExitRoadmap

Prepare for landing: getting your Exit Strategy right… When the poet T.S Eliot wrote ‘in my beginning is my end’ in his famous Four Quartets, he probably wasn’t thinking about entrepreneurship. Nonetheless, taking his advice and thinking about your successor and exit strategy at the start of your business journey could save you a whole lot of pain later. “Many people start a business and don’t think of the end goal which will maybe be selling the business. Setting up your business and making it sellable you should be doing along the way while building the company,” says Katie Godfrey, who has set up and sold beauty salons under the name KG Salons. A well-run business should be thinking of succession planning as well as ensuring it is on a firm financial footing for the future. Whatever the outcome is, it will be easier all-round if well planned. Click below to read the full Startups article. #business #management #future #success

We hear a lot about founders and how through grit, self -determination, and perseverance they are able to change the world through innovative ideas. However I think we often pay the least attention to arguably more important contributors to business growth, the entrepreneurs who see the bigger picture of digital transformation through acquisitions. While M&As are in their own right a complex set of procedures and practices, it is in understanding these processes that so many entrepreneurs can unlock hidden business opportunities. #M&A #Entrepreneurship #BusinessGrowth

14 Big Surprises Brand-New Business Owners Often Face   While starting a business is an exciting endeavor, many new business owners are surprised by the unexpected obstacles that they encounter along their entrepreneurial journey. These surprises can derail even the most well-prepared entrepreneur, leaving them feeling overwhelmed and unsure of what to do next.   https://lnkd.in/dxMtZkHu   Onfolio acquires and manages a portfolio of digital companies. The company identifies established, profitable companies with excellent opportunities for growth. With diversified holdings and years of marketing and operations experience, Onfolio mitigates the risks traditionally associated with investment in digital companies.   #onfolio #onfo #nasdaq 

Solo founders vs. partnerships: Which leads to greater success? The debate between going solo or finding a co-founder in entrepreneurship is ongoing, and recent studies shed light on this dilemma. Advantages of Partnerships: - Higher Success Rates: Businesses with two founders are 19% less likely to scale prematurely and have a 30% higher chance of a successful exit. - Combined Strengths: Partners bring diverse skill sets, share responsibilities, and pool financial resources, making the business more robust. - Enhanced Networks and Credibility: Each partner brings their network, expanding business opportunities and enhancing credibility. Challenges of Partnerships: - Potential for Conflict: Around 65% of startups fail due to conflicts between founders. - Shared Profits and Control: Profits must be shared, and decision-making control is divided, leading to disputes at times. Advantages of Solo Founders: - Greater Control and Speed: Solo founders benefit from quicker decision-making and control over the business. - Focused Vision: Solo founders can swiftly make decisions aligned with their vision without needing consensus. Balanced Approach: - Hybrid Teams: Teams with shared values and complementary skills tend to have higher success rates, although finding the perfect blend is rare. In Conclusion, both solo ventures and partnerships have unique advantages and pitfalls. The choice should consider the business nature, partner compatibility, and strategic vision. What Do You Think? Have you experienced success as a solo founder or in a partnership? Share your insights and advice with aspiring entrepreneurs in the comments! #Entrepreneurship #StartupSuccess #BusinessStrategy #Leadership #Innovation #LinkedInCommunity

𝗛𝗼𝘄 𝘁𝗼 𝗦𝘁𝗮𝗻𝗱 𝗼𝘂𝘁 𝗶𝗻 𝗮 𝗖𝗿𝗼𝘄𝗱𝗲𝗱 𝗦𝗽𝗮𝗰𝗲 📊 To succeed as a business means to go against the grain. As new survival methods became the norm, the rise of the small business, competition, and an oversaturation of information make for a crowded space that calls for differentiation. Here are some tips on how to differentiate yourself in the competitive landscape by working smarter, not harder: 📢 Dig into the data in order to set new benchmarks for success and design unconventional solutions and services to meet the needs of your customers. 📢 Rather than striving for market saturation, go after building a culture that serves customers holistically as a human and a consumer, based on shared values. 📢 Create a community around your brand that your customers want to tell others about. “To stand out as a business, you don’t have to be better than any other business — you just have to be the clear best for your customer.” - Pia Beck (ctto) Check out this article from Entrepreneur Media to learn more about it. https://lnkd.in/eNeBB2JA Don't forget to share your takeaways in the comments. 🔽 ➖➖➖ For the past two decades, I've worked alongside dozens of founders, assisting them in building $100M+ companies primed for successful exits, including a startup to the #4 on the NASDAQ, a private exit, and an IPO. Throughout this process, we built a formula for a proprietary framework that has been the foundation of our collaborative success, providing strategic guidance tailored to each unique business endeavor. For a limited time, take the free quiz, you can steal my secret roadmap for "How to build-to-exit for the highest valuation". Inside, you'll uncover the key strategies and insights needed to transform your business into a highly desirable asset for potential buyers. ***** 👉 Type, "VALUE" in the COMMENTS below, and I'll send it to you for FREE - let it help transform your business in simple, and strategic steps. #entrepreneurship #marketing #business #leadership #growth #scale

So, you've got a business, and you want it to grow, right?   Well, that's where a Company Growth Strategy comes into play. Think of it as your business's superhero cape, helping it soar to new heights. But what's a Company Growth Strategy? It's like your business's game plan. It's the stuff you do to make more money, get more customers, and basically be awesome at what you do. Here's the lowdown: 1. It's All About Goals 🎯 First off, you need to know where you're headed. A growth strategy sets clear goals. Without a plan, it's like wandering in the dark without a flashlight. You might bump into stuff, but it won't be pretty. 2. Money Matters 💰 Your strategy needs to play nice with your budget. It's like managing your allowance, but for your business. it's all about being smart with your resources. 3. Different Types of Growth. There are a few ways to make your business bigger: 👉 Organic Growth: This is when things just naturally get better over time, like when you start getting more customers without really trying. 👉 Strategic Growth: Here, you plan your moves. You look for opportunities to make your business grow. 👉 Internal Growth: You expand from the inside out. Maybe you create new stuff or try new markets. It's all about what you can do in-house. 👉 Partnerships, Mergers, and Acquisitions: Sometimes, you team up with other businesses to grow together. It's like superheroes teaming up to save the day. We'd love to hear from you! What's your take on Company Growth Strategies? #businessgrowth #companygrowthstrategy #growthhacking #marketingstrategy #businessplanning #entrepreneurship #startup #smallbusiness #businessowner #success #entrepreneurial

Crafting an exit strategy is just as important as starting a business. It's more than just a plan for the end; it's part of your business's overall strategic journey. #BusinessStrategy #Entrepreneurship #ExitPlan #CTTaxHelp https://ow.ly/9pCL50Q2PqY