This easy to read and understand guide is packed with useful information and tips for anyone seriously considering starting a business, or already running their own small business. Kelvin Worthington, who has over 25 years' experience in business banking in both the UK and Australia, advises on how to take an idea and turn it into a viable business, and also raises important issues for small business owners, which are explained simply and clearly. The advantages and disadvantages of setting up and running a small business, together with important financial considerations, are discussed in detail.Other subjects covered include how to develop a sound marketing plan; basic bookkeeping and accounting for small business owners; the legal requirements of running a business; advice on raising finance; the advantages and disadvantages of different business structures; and running a business from home. Helpful tips are provided throughout the book, and a very useful glossary, together with an example budget and other important planning tools, are also provided. The advice contained in this self-help guide is invaluable to anyone considering setting up, or already running, a small business.
Kelvin Worthington has over 25 years' experience in Business Banking, both in the UK and Australia. He currently runs his own business, advising clients on the setting up and running of their businesses.During his time in the UK he was a Small Business Advisor for a major UK bank and also a volunteer Business Mentor with The Prince's Trust, a charitable organisation set up to help young people establish and run their own business.Kelvin has an Honours Degree in Financial Services from the University of Central England, UK. His degree disciplines include Strategic Management, Marketing, Management of Company Finance, Accounting, Strategic Management of IT, Statistics, Decision Techniques and Quantitative Methods.Kelvin is also an Associate of the Chartered Institute of Bankers (London).