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	<title>Praeparo</title>
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	<link>http://praeparo.com</link>
	<description>Creating and marketing unique, exciting and accessible web pages</description>
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		<title>URL address mistakes</title>
		<link>http://praeparo.com/2010/03/07/url-address-mistakes/</link>
		<comments>http://praeparo.com/2010/03/07/url-address-mistakes/#comments</comments>
		<pubDate>Sun, 07 Mar 2010 18:45:37 +0000</pubDate>
		<dc:creator>Praeparo</dc:creator>
				<category><![CDATA[Web Design]]></category>
		<category><![CDATA[blogs]]></category>
		<category><![CDATA[design]]></category>
		<category><![CDATA[development]]></category>
		<category><![CDATA[osCMax]]></category>
		<category><![CDATA[oscommerce]]></category>
		<category><![CDATA[Tools & Resources]]></category>
		<category><![CDATA[wordpress]]></category>

		<guid isPermaLink="false">http://praeparo.com/?p=578</guid>
		<description><![CDATA[Don't let the address bar wreak havoc on your search engine rankings. More and more business owners are opting for Content Management Systems or eCommerce products. One of the big resulting problems we see more and more is an inadequate URL structure.]]></description>
			<content:encoded><![CDATA[<p>More and more business owners are opting for Content Management Systems or eCommerce products. One of the big resulting problems we see more and more is an inadequate URL structure. All too often the URL shown in the address bar has raw parameters, for example <em>www.mydomain.com?prodid=123&amp;opt=2</em></p>
<p>This technically works but loses you points in the search engine optimisation game. Thus, it is much better to have a human understandable URL, for example <em>www.mydomain.com/menswear/jumpers</em></p>
<p>However, this can create problems where the same end page can be reached through multiple navigation paths. This can result in what the search engine sees as duplicate content. A search engine flags duplicate content when it sees the same content at more than one URL.</p>
<p>You need to have a careful naming strategy to ensure this does not happen. For example in an ecommerce web site:</p>
<p style="padding-left: 30px">Categories: <em>www.mydomain.com/category</em></p>
<p style="padding-left: 30px">Subcategories: <em>www.mydomain.com/category/subcategory</em></p>
<p style="padding-left: 30px">Products: <em>www.mydomain.com/products</em></p>
<p>The key element of the above strategy is that the products are not listed under categories. This means that if multiple categories have the same product they will point at the ONE product page, helping with much valued internal links.</p>
<p>The example above refers to an ecommerce site like oscommerce or OSCMax but the problem can also occur in blogging software like Wordpress or web site builder packages.</p>
<p>Praeparo can work with you and help you understand the correct strategies for your web site and also help with an implementation plan that will have limited risk on your current search engine rankings.</p>
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		</item>
		<item>
		<title>Wordpress on the iPhone</title>
		<link>http://praeparo.com/2010/03/07/wordpress-on-the-iphone/</link>
		<comments>http://praeparo.com/2010/03/07/wordpress-on-the-iphone/#comments</comments>
		<pubDate>Sun, 07 Mar 2010 18:12:56 +0000</pubDate>
		<dc:creator>Praeparo</dc:creator>
				<category><![CDATA[Tools & Resources]]></category>
		<category><![CDATA[blogs]]></category>
		<category><![CDATA[iPhone]]></category>
		<category><![CDATA[wordpress]]></category>

		<guid isPermaLink="false">http://praeparo.com/?p=569</guid>
		<description><![CDATA[Manage your Wordpress or Wordpress MU blog from your iPhone. A brilliant free app for any blogger using Wordpress.]]></description>
			<content:encoded><![CDATA[<p><img class="size-full alignright" src="http://praeparo.com/files/2010/03/p_480_320_D228ECEB-10B4-4080-8F55-749B0C79F2E1.jpeg" alt="" width="256" height="384" />If you have an iPhone and a Wordpress blog then the free Wordpress application is must have.</p>
<p>One of the big challenges when blogging is having the time to keep adding content. Well, this iPhone app solves the problem by allowing all those wasted hours commuting or hanging around to become productive in creating or moderarting your wordpress blog.</p>
<p>Some of the features:</p>
<ul>
<li>Manage multiple blogs</li>
<li>Add and manage pages</li>
<li>Add and manage posts</li>
<li>Moderate comments</li>
<li>Add photos</li>
</ul>
<p>It also features to autosave, so if you get interrupted your post will be saved locally.</p>
<p>All you need to do is enable XML-RPC on your blog and install the new app.</p>
]]></content:encoded>
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		</item>
		<item>
		<title>Marketing Optimised Websites</title>
		<link>http://praeparo.com/2010/03/04/marketing-optimised-websites/</link>
		<comments>http://praeparo.com/2010/03/04/marketing-optimised-websites/#comments</comments>
		<pubDate>Thu, 04 Mar 2010 11:36:09 +0000</pubDate>
		<dc:creator>Praeparo</dc:creator>
				<category><![CDATA[SEO]]></category>
		<category><![CDATA[Web Design]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[planning]]></category>

		<guid isPermaLink="false">http://praeparo.com/?p=542</guid>
		<description><![CDATA[When people think about Search Engine Optimisation (SEO) they tend to think about link building. Yes, that is needed but your search engine ranking can also improve by just having a marketing optimised website.]]></description>
			<content:encoded><![CDATA[<p>In any SEO campaign we can get significant gains by getting the website optimised.</p>
<p>By optimised we are not talking about a technical web developer just adding some keywords into the address bar URL or some relevant keyword titles, descriptions based on the page content. We are talking about applying marketing principles to each page.</p>
<p>Praeparo believes SEO is about actually attaining marketing goals. These goals are not just about traffic but more linked to conversions.</p>
<p>So how do we get a marketing optimised website? Website optimisation needs to take the marketing goals and link these to a specific website page(s). Once this is done we have a goal to achieve and the page needs to be worked to meet this goal. Items to consider are:</p>
<ul>
<li>Keyword Research: We need to understand the keywords that Search Engine users type that we want to get our website page in front of.</li>
<li>Sales Pitch: Treat the Search Engine Results (SERPs) as a sales advert. We need to convince the viewer in around 160 characters that our page is relevant &#8211; we need to sell our landing page.</li>
<li>Relevant Page: The landing page needs to clearly match the sales pitch in our SERPs advert, if not the visitor will just leave [bounce].</li>
<li>Call to Action: The page needs to get the visitor to convert, i.e. achieve the marketing goal.</li>
<li>Secondary Action: We need to handle a secondary option for the visitor just in case the page is OK but not quite what they were looking for. This is about keeping them interested and on the site by going to a secondary page.</li>
</ul>
<p>The web site design and development process needs to be tightly integrated into the marketing plan so that as new content is delivered it has a clear objective.</p>
<p>In conclusion, website optimisation is about meeting marketing goals and optimising for those goals. Thus, you can&#8217;t optimise a website without having first developed a <a title="Create a digital marketing strategy." href="http://praeparo.com/internet-marketing/marketing-strategy/" target="_self">Digital Marketing strategy or plan</a>.</p>
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		</item>
		<item>
		<title>Brand monitoring on social media</title>
		<link>http://praeparo.com/2010/03/01/brand-monitoring-on-social-media/</link>
		<comments>http://praeparo.com/2010/03/01/brand-monitoring-on-social-media/#comments</comments>
		<pubDate>Mon, 01 Mar 2010 17:29:36 +0000</pubDate>
		<dc:creator>Praeparo</dc:creator>
				<category><![CDATA[Internet Marketing]]></category>
		<category><![CDATA[Tools & Resources]]></category>
		<category><![CDATA[brand]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[social media]]></category>
		<category><![CDATA[social networking]]></category>

		<guid isPermaLink="false">http://praeparo.com/?p=522</guid>
		<description><![CDATA[In today's world you need to know what people are saying about your company and brand. On the social media a lot of influence is exerted that will help people make purchasing decisions.]]></description>
			<content:encoded><![CDATA[<p>In today&#8217;s world you need to know what people are saying about your company and brand. On social media a lot of influence is exerted that will help people make purchasing decisions.</p>
<p>One tool that can help is from Social Mention (see <a href="http://socialmention.com" target="_blank" title="Social Mention">socialmention.com</a>). This will give you a scorecard of your current position across a big selection of social media sites and tools. Social Mention monitors 100+ social media properties directly including: Twitter, Facebook, FriendFeed, YouTube, Digg, Google etc.</p>
<p>You can submit a query on the web page and also ask for daily reports to be emailed.</p>
<p>In Praeparo&#8217;s terms this is a must have in your marketing toolset and part of your brand monitoring efforts within your internet marketing strategy.</p>
]]></content:encoded>
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		</item>
		<item>
		<title>New online marketing services guide</title>
		<link>http://praeparo.com/2010/02/25/new-online-marketing-services-guide/</link>
		<comments>http://praeparo.com/2010/02/25/new-online-marketing-services-guide/#comments</comments>
		<pubDate>Thu, 25 Feb 2010 12:11:13 +0000</pubDate>
		<dc:creator>Praeparo</dc:creator>
				<category><![CDATA[Internet Marketing]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[SEO]]></category>
		<category><![CDATA[brand]]></category>
		<category><![CDATA[Business plans]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[planning]]></category>
		<category><![CDATA[social media]]></category>
		<category><![CDATA[social networking]]></category>

		<guid isPermaLink="false">http://praeparo.com/?p=510</guid>
		<description><![CDATA[Today Praeparo uploaded its new revised Search Engine Marketing Services Guide (or SEO Services Guide). Our SEO Services Guide or Online Marketing Guide below gives details an ideas about what you must be considering in any digital marketing strategy.]]></description>
			<content:encoded><![CDATA[<p>Today Praeparo uploaded its new revised Search Engine Marketing Services Guide (or SEO Services Guide).</p>
<p>Praeparo located between Berkhamsted and Aylesbury on the Bucks and Herts border, specialises in creating and marketing unique, exciting and accessible web pages that really allow your business to succeed on the web. Whether you want your website to showcase your business, to sell products online, or to be dynamic database driven, our web designers can provide carefully tailored solutions for each of these. Once you have an exciting website our  hosting services ensure it is always available and our marketeers can provide a digital marketing strategy and search engine optimisation service that will ensure you are found within the search engines.</p>
<p>Our SEO Services Guide or Online Marketing Guide below gives details an ideas about what you must be considering in any digital marketing strategy:</p>
<p><a href="http://www.praeparo.com/online-marketing-services/Praeparo-Marketing-Services.pdf">Praeparo Online Marketing Services Guide</a></p>
<p>Praeparo believes one size does NOT fit all so just pick up the phone (01296 320005) and have a chat about your requirements!</p>
]]></content:encoded>
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		<item>
		<title>Top UK Resources to Help Your Write a Business Plan</title>
		<link>http://praeparo.com/2010/02/19/top-uk-resources-to-help-your-write-a-business-plan/</link>
		<comments>http://praeparo.com/2010/02/19/top-uk-resources-to-help-your-write-a-business-plan/#comments</comments>
		<pubDate>Fri, 19 Feb 2010 07:23:05 +0000</pubDate>
		<dc:creator>Praeparo</dc:creator>
				<category><![CDATA[Internet Marketing]]></category>
		<category><![CDATA[Tools & Resources]]></category>
		<category><![CDATA[budgets]]></category>
		<category><![CDATA[Business plans]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[planning]]></category>

		<guid isPermaLink="false">http://praeparo.com/?p=489</guid>
		<description><![CDATA[Top 10 UK Resources to Help Your Write a Winning Business Plan
Writing a business plan is one of the most important things an entrepreneur must do when starting a new [...]]]></description>
			<content:encoded><![CDATA[<h1>Top 10 UK Resources to Help Your Write a Winning Business Plan</h1>
<p>Writing a business plan is one of the most important things an entrepreneur must do when starting a new business. However, writing a compelling business plan is easier said than done, particularly when time can be so precious. This article outlines the key resources available to UK entrepreneurs when preparing a business plan. Use them for assistance with the writing of the plan, as well as for understanding the implications of certain business decisions you make in the process, such as those regarding corporate structure, sources of funding, and more.</p>
<h2>1. Business Plan Pro UK software</h2>
<p><a href="http://www.paloalto.co.uk/software/business_plan_pro/index.cfm?affiliate=praeparo">Business Plan Pro</a> is the best-selling business plan software available for several reasons. It is easy to use, saves time, and has over 500 sample plans to get you started. It also provides a structure whereby you can complete a plan in a methodical manner, while enabling you to benefit from a helping hand at every step.</p>
<p>Where: <a href="http://www.paloalto.co.uk/software/business_plan_pro/index.cfm?affiliate=praeparo">Business Plan Pro</a> is available from  <a href="http://www.paloalto.co.uk/?affiliate=praeparo">www.paloalto.co.uk</a></p>
<p>Cost: RRP is only £79.99 for the Standard Edition and £129.99 for the Premier Edition.</p>
<h2>2. Business Plan Competitions</h2>
<p>Numerous business-planning competitions are taking place in the UK at any given time. These competitions test a wide range of skills that are often neglected by entrepreneurs. By producing a credible business plan and presenting your case persuasively, you will significantly enhance your ability to secure funding. These competitions are an invaluable resource enabling you to road test your business plan in a safe environment before submitting the plan to potential investors.</p>
<p>The main advantages of submitting a business plan to a competition include:</p>
<ul>
<li>Tap into Increased Support for Entrepreneurs in the UK</li>
<li>Obtain Critical Independent Analysis of Your Business Plan</li>
<li>Gain Access to Mentors and Networking Opportunities</li>
<li>Improve key Transferable Skills, e.g. Presentation Skills</li>
<li>Enhance Your Understanding of What Investors Want</li>
</ul>
<p>Where: Use a search engine such as Google to find a list of competitions</p>
<p>Cost: Entry costs are usually negligible, although some competitions limit entry to students or locals.</p>
<h2>3. Start-up Websites</h2>
<p>There are a number of start–up websites that can help you understand what needs to be done and how. These websites normally consist of a mix of articles and relevant products and services from third-party vendors. Most also have specific business-planning sections to help you with your plan. The following three well-known UK sites can give you some further insights into the building blocks that make up a winning business plan.</p>
<p>Where:  <a href="http://www.startups.co.uk">www.startups.co.uk</a> , <a href="http://www.clearlybusiness.com">www.clearlybusiness.com</a>, <a href="http://www.bytestart.co.uk">www.bytestart.co.uk</a></p>
<p>Cost: Free</p>
<h2>4. Government Sites</h2>
<p>There are also a number of government websites designed to assist people in starting a business which can also help you in writing a business plan.</p>
<ul>
<li>Companies House <a href="http://www.companieshouse.gov.uk">www.companieshouse.gov.uk</a></li>
</ul>
<p>The website contains information on incorporation procedures. It also provides annual accounts of companies which can be purchased so as to enable you to assess the financials of comparable companies.</p>
<ul>
<li>HMRC <a href="http://www.hmrc.gov.uk">www.hmrc.gov.uk</a></li>
</ul>
<p>HM Revenue and Customs has an easily accessible site where you can access information and calculators relating to employing people, paying VAT, paying Corporation Tax, and so on.</p>
<p>Where: As above</p>
<p>Cost: Free</p>
<h2>5. Local advisor</h2>
<p>Despite the availability of a range of different online resources, there are occasions when professional advice is highly recommended. While there is undoubtedly a trade off (professional advice usually costs), there are some decisions that should be made only after consultation with professionals, such as choosing the legal structure of the company. While local accountants are a natural starting point, there are also a number of other bodies that can provide information and advice, and can point you in the right direction for more complex concerns.</p>
<ul>
<li>Business Link <a href="http://www.businesslink.gov.uk">www.businesslink.gov.uk </a></li>
</ul>
<p>Business Link provides information, advice and support to help people start, maintain and grow their business. It is an excellent site with some really great sections and clear sign posting to additional resources. There is also a postcode search facility so you can track down your nearest local advisor.</p>
<ul>
<li>National Federation of Enterprise Agencies (NFEA) <a href="http://www.nfea.com">www.nfea.com</a></li>
</ul>
<p>The National Federation of Enterprise Agencies (NFEA) is the membership body for Local Enterprise Agencies, and other similar organisations. It forms a network of independent, not-for-profit local agencies that provide a comprehensive range of free services including a facility to search for your local agency.</p>
<p>Where: As above</p>
<p>Cost: Free</p>
<h2>6. Funding websites</h2>
<p>Entrepreneurs need to consider their financing at the start-up stage and most will look to outside help to assist them in financing the start-up phase. A good understanding of the implications of the various sources of funding is important, not least with respect to the various obligations arising under each. At its most basic, the sources of funding are either debt based or equity based, and each class confers certain obligations on the recipient of the funds. If the business plan is used to secure funding it will need to clearly outline the benefits to the investor, and the terms of investment, as they’ll be seeking to assess their risks, as well as the ability of the firm to generate free cash flows. Outside of the traditional sources of finance, it is also worth exploring the following sites, which explain the merits of grant or VC funding. Obviously the conditions for securing either are fairly strict, so both sites will indicate which issues you should consider, as well as information on the availability of the funding.</p>
<ul>
<li>J4B <a href="http://www.j4b.co.uk">www.j4b.co.uk</a></li>
</ul>
<p>The site allows quick and simple searches of the j4b database of business grants and loans — the most comprehensive database of its kind in the UK.</p>
<ul>
<li>BVCA <a href="http://www.bvca.co.uk">www.bvca.co.uk</a></li>
</ul>
<p>This is the website for the British Venture Capital Association (BVCA) which has over 170 full members and contains a directory that enables users to search for a local member.</p>
<h2>7. Bplans.co.uk</h2>
<p>Bplans.co.uk contains extensive business-planning resources and is also owned by Palo Alto Software, makers of <a href="http://www.paloalto.co.uk/software/business_plan_pro/index.cfm?affiliate=praeparo">Business Plan Pro</a>. There is an extensive back catalogue of articles, with new additions a regular occurrence. It also contains a number of free sample business plans, some calculators. and links to a range of appropriate resources.</p>
<p>Where: <a href="http://www.bplans.co.uk/?affiliate=praeparo">www.bplans.co.uk </a></p>
<p>Cost: Free</p>
<h2>8. Scavenger by Cobweb</h2>
<p>Scavenger reports are essential reading material for anyone starting up a business in the UK. The Business Opportunity Profiles are reports on specific industries and are updated frequently. With over 800 reports in total, the range includes everything from ‘Children’s Day Nursery’ profiles to ‘Coffee Shop’ profiles to a profile on ‘Complementary Therapy’.</p>
<p>Where: <a href="http://www.scavenger.net">www.scavenger.net</a></p>
<p>Cost: Individual reports cost around £5</p>
<h2>9. Sites with demographic data</h2>
<p>There are also numerous resources you can use in assessing likely demand for your goods or services. Websites such as <a href="http://www.caci.co.uk/acorn">www.caci.co.uk/acorn</a> and <a href="http://www.upmystreet.com">www.upmystreet.com</a> provide extensive free demographic data about areas based on UK postcode searches. These enable you to build up profiles of the local population and are ideal when you are looking to set up a shop to serve the local community specifically. If you want to consider setting up overseas, then websites such as <a href="http://www.cia.gov/cia/publications/factbook/">www.cia.gov/cia/publications/factbook/</a> give an excellent insight into various local conditions in advance of undertaking more detailed localised research.</p>
<p>Where: As above</p>
<p>Cost: Free</p>
<h2>10. Your local library</h2>
<p>Finally, libraries can be excellent resources, helping you access information from a host of disparate sources. They can be particularly useful for researching hard-to-access data relating to markets and potential suppliers.</p>
<p>The Business and IP Centre at the British Library <a href="http://www.bl.uk/bipc/">www.bl.uk/bipc/</a> is just one example of a new resource specifically created to support entrepreneurs in the UK. It enables users to access a range of databases including Amadeus, Economist Intelligence, Mintel, Datamonitor, One Source, LexisNexis, Dialog and the Complete Business Reference Adviser (COBRA).</p>
<p>Alternatively, your local library may stock one of Pearson’s excellent titles on starting a business and writing a business plan. <a href="http://www.pearson-books.com/bplans">www.pearson-books.com/bplans</a></p>
<h2>Summary and conclusion</h2>
<p>Writing a winning business plan can take time and effort. However, utilizing the above resources should make the job a lot easier and help you to gain a thorough understanding of the fundamentals that underpin every successful business. Good luck!</p>
<p>Article content provided by: <a href="http://articles.bplans.co.uk/index.php/business-articles/writing-a-business-plan/top-10-uk-resources-to-help-you-write-a-winning-business-plan/?affiliate=praeparo" target="_blank">bplans.co.uk</a> and <a href="http://www.paloalto.co.uk/?affiliate=praeparo">paloalto.co.uk</a></p>
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		<title>5 reasons you need a business plan</title>
		<link>http://praeparo.com/2010/02/19/5-reasons-you-need-a-business-plan/</link>
		<comments>http://praeparo.com/2010/02/19/5-reasons-you-need-a-business-plan/#comments</comments>
		<pubDate>Fri, 19 Feb 2010 07:18:14 +0000</pubDate>
		<dc:creator>Praeparo</dc:creator>
				<category><![CDATA[Internet Marketing]]></category>
		<category><![CDATA[Tools & Resources]]></category>
		<category><![CDATA[budgets]]></category>
		<category><![CDATA[Business plans]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[planning]]></category>

		<guid isPermaLink="false">http://praeparo.com/?p=485</guid>
		<description><![CDATA[Without a plan, a business is essentially rudderless, and day-to-day activities are likely to be haphazard and reactive, in stark contrast to those businesses implementing a well thought out business plan.]]></description>
			<content:encoded><![CDATA[<h1>Five Reasons you Need a Business Plan</h1>
<p>When I am asked to explain why business planning is so important, my first inclination is to quote Lewis Carroll. In Alice&#8217;s Adventures in Wonderland, Alice comes to a fork in the road and asks:</p>
<p>&#8220;Would you tell me, please, which way I ought to go from here?&#8221;</p>
<p>&#8220;That depends a good deal on where you want to get to,&#8221; said the Cat.</p>
<p>&#8220;I don&#8217;t much care where&#8211;&#8221; said Alice.</p>
<p>&#8220;Then it doesn&#8217;t matter which way you go,&#8221; said the Cat.</p>
<p>For me this scene encapsulates perfectly the problems of not having an over-arching goal and plan for your business. Without a plan, a business is essentially rudderless, and day-to-day activities are likely to be haphazard and reactive, in stark contrast to those businesses implementing a well thought out business plan.</p>
<p>The following represents a list of my top five reasons a firm needs a business plan.</p>
<h2>1. To Map the Future</h2>
<p>A business plan is not just required to secure funding at the start-up phase, but is a vital aid to help you manage your business more effectively. By committing your thoughts to paper, you can understand your business better and also chart specific courses of action that need to be taken to improve your business. A plan can detail alternative future scenarios and set specific objectives and goals along with the resources required to achieve these goals.</p>
<p>By understanding your business and the market a little better and planning how best to operate within this environment, you will be well placed to ensure your long-term success.</p>
<h2>2. To Support Growth and Secure Funding</h2>
<p>Most businesses face investment decisions during the course of their lifetime. Often, these opportunities cannot be funded by free cash flows alone, and the business must seek external funding. However, despite the fact that the market for funding is highly competitive, all prospective lenders will require access to the company&#8217;s recent Income Statements/Profit and Loss Statements, along with an up-to-date business plan. In essence the former helps investors understand the past, whereas the business plan helps give them a window on the future.</p>
<p>When seeking investment in your business, it is important to clearly describe the opportunity, as investors will want to know:</p>
<ul>
<li>Why they would be better off investing in your business, rather than leaving money in a bank account or investing in another business?</li>
<li>What the Unique Selling Proposition (USP) for the business arising from the opportunity is?</li>
<li>Why people will part with their cash to buy from your business?</li>
</ul>
<p>A well-written business plan can help you convey these points to prospective investors, helping them feel confident in you and in the thoroughness with which you have considered future scenarios. The most crucial component for them will be clear evidence of the company&#8217;s future ability to generate sufficient cash flows to meet debt obligations, while enabling the business to operate effectively.</p>
<h2>3. To Develop and Communicate a Course of Action</h2>
<p>A business plan helps a company assess future opportunities and commit to a particular course of action. By committing the plan to paper, all other options are effectively marginalized and the company is aligned to focus on key activities. The plan can assign milestones to specific individuals and ultimately help management to monitor progress. Once written, a plan can be disseminated quickly and will also prompt further questions and feedback by the readers helping to ensure a more collaborative plan is produced.</p>
<h2>4. To Help Manage Cash flow</h2>
<p>Careful management of cash flow is a fundamental requirement for all businesses. The reason is quite simple&#8211;many businesses fail, not because they are unprofitable, but because they ultimately become insolvent (i.e., are unable to pay their debts as they fall due). While the break-even point&#8211;where total revenue equals total costs&#8211;is a highly important figure for start-ups, once a business is up and running profitably, it becomes less important.</p>
<p>Cash flow management then becomes more vital when businesses pursue investment opportunities where there are significant cash out flows, in advance of the cash flows coming in. These opportunities need to be assessed against any seasonal variations in the business and the timing of the flows. If you are a &#8220;cash-only&#8221; business, you can bank the income immediately; however, if you sell on credit, you receive the cash in the future and hence may need to pay some of your own expenses before that income hits your account. This will put a further strain on the company&#8217;s solvency and hence a well structured business plan will help you manage funding requirements in advance.</p>
<h2>5. To Support a Strategic Exit</h2>
<p>Finally, at some point, the owners of the firm will decide it is time to exit. Considering the likely exit strategy in advance can help inform and direct present day decisions. The aim is to liquidate the investment, so the owner/current investors have the option of cashing out when they want.</p>
<p>Common exit strategies include;</p>
<ul>
<li>Initial Public Offering of stock (IPO&#8217;s)</li>
<li>Acquisition by competitors</li>
<li>Mergers</li>
<li>Family succession</li>
<li>Management buy-outs</li>
</ul>
<p>Investment decisions can be taken in the present with one eye on the future via a well-thought-out business plan. For example, if the most attractive exit route appeared to be selling to a competitor, present day management and investment decisions could focus on activities that would increase the company&#8217;s attractiveness to that competitor.</p>
<p>Given that valuing firms is notoriously difficult and subjective, a well-written plan will clearly highlight the opportunity for the incoming investors, the value of it and increase the likelihood of a successful exit by the current owner.</p>
<p>Article content provided by: <a href="http://articles.bplans.co.uk/index.php/business-articles/starting-a-business/five-reasons-you-need-a-business-plan-2/?affiliate=praeparo" target="_blank">bplans.co.uk</a> and <a href="http://www.paloalto.co.uk/?affiliate=praeparo">paloalto.co.uk</a></p>
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		<title>osCMax v2.0.15 Released</title>
		<link>http://praeparo.com/2010/02/10/oscmax-v2-0-15-released/</link>
		<comments>http://praeparo.com/2010/02/10/oscmax-v2-0-15-released/#comments</comments>
		<pubDate>Wed, 10 Feb 2010 07:54:03 +0000</pubDate>
		<dc:creator>Praeparo</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Web Development]]></category>
		<category><![CDATA[development]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[osCMax]]></category>
		<category><![CDATA[oscommerce]]></category>

		<guid isPermaLink="false">http://praeparo.com/?p=480</guid>
		<description><![CDATA[Praeparo recommend that all our osCMax 2.0.4 and earlier customers upgrade to this new release. In addition it also puts in place a lot of the foundation for the upcoming v2.1 feature release.]]></description>
			<content:encoded><![CDATA[<p>The osCMax v2.0.15  bugfix package has been released today, and is available for immediate download. Included in this release are dozens of bug fixes that improve function, resolve some long standing issues, and add some previously unavailable features.</p>
<p>Praeparo recommend that all our osCMax 2.0.4 and earlier customers upgrade to this new release. In addition it also puts in place a lot of the foundation for the upcoming v2.1 feature release.</p>
<p>For more information go to the <a title="osCMax 2.0.15 details." href="http://www.oscmax.com/forums/announcements/21972-oscmax-v2-0-15-released-today.html" target="_blank">osCMax forums.</a></p>
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		<title>SWOT Analysis</title>
		<link>http://praeparo.com/2010/02/08/swot-analysis/</link>
		<comments>http://praeparo.com/2010/02/08/swot-analysis/#comments</comments>
		<pubDate>Mon, 08 Feb 2010 19:27:00 +0000</pubDate>
		<dc:creator>Praeparo</dc:creator>
				<category><![CDATA[Internet Marketing]]></category>
		<category><![CDATA[Tools & Resources]]></category>
		<category><![CDATA[Business plans]]></category>
		<category><![CDATA[planning]]></category>
		<category><![CDATA[Resources]]></category>

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		<description><![CDATA[The SWOT analysis framework is a key tool to use when creating your marketing strategy.]]></description>
			<content:encoded><![CDATA[<p><strong>The SWOT analysis framework</strong> is a key tool to use when creating your marketing strategy. The outcomes of any analysis should be considered in the marketing plan but will also impact other aspects of the business.</p>
<p>The key aspect in any marketing strategy is to fully understand where you stand with respect to your competitors. For this, we use a SWOT analysis to identify your <strong>S</strong>trengths, <strong>W</strong>eaknesses, <strong>O</strong>pportunities and <strong>T</strong>hreats. A SWOT analysis allows you to look at your environment from within and from outside.</p>
<p>Your strengths and weaknesses are often internal to your business environment. For example, a strength could be your pricing policy and service offerings, but a weakness could be the limitations of your research budget.</p>
<p><strong>Strengths</strong>: Your strengths provide your competitive advantage over your competitors. Strengths may include: good customer service, a strong brand and/or reputation.</p>
<p><strong>Weaknesses</strong>: Weaknesses pinpoint areas of concern and can include high overheads or a new untested brand.</p>
<p>Opportunities and threats look at the outside factors.</p>
<p><strong>Opportunities</strong>: New opportunities may enable you to explore new directions. For example, a change in government policy or new technologies.</p>
<p><strong>Threats</strong>: These can include factors such as a new competitor or any change in legislation that may adversely affect you.</p>
<p>A good way to get to the bottom of this is to workshop your employees and to talk to suppliers or friendly customers.</p>
<p>Once produced this is input into the marketing strategy and needs to be undertaken at regular periods. This is not a one-off task.</p>
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		<title>Wordpress hosting specialists</title>
		<link>http://praeparo.com/2010/02/07/wordpress-hosting-specialists/</link>
		<comments>http://praeparo.com/2010/02/07/wordpress-hosting-specialists/#comments</comments>
		<pubDate>Sun, 07 Feb 2010 09:34:49 +0000</pubDate>
		<dc:creator>Praeparo</dc:creator>
				<category><![CDATA[Web Hosting]]></category>
		<category><![CDATA[blogs]]></category>
		<category><![CDATA[hosting]]></category>
		<category><![CDATA[website]]></category>
		<category><![CDATA[wordpress]]></category>

		<guid isPermaLink="false">http://praeparo.com/?p=449</guid>
		<description><![CDATA[Wordpress and Wordpress MU UK hosting from as little as £8/month. Full refund in first 30 days if you are not happy!

Or full business package of £425/year.]]></description>
			<content:encoded><![CDATA[<p>At Praeparo we have lots of experience hosting Wordpress and Wordpress MU sites.</p>
<p>We will install the base product on any UK hosting package FREE of charge during account set-up.</p>
<p>Our hosting costs from £8/month (£9.99 incl vat) with no long contracts, just a 30 day notice period.  This is a great place to get started with hosting Wordpress since if you are unsure how much bandwidth and  disk space you will need why pay more now… You can upgrade at anytime.</p>
<p>We can also install secure certificates and dedicated IP addresses as you need them.</p>
<p>If you have any problems with your Wordpress website you can be sure that our support team can get you going as they understand wordpress. We can also provide maintenance/admin packages that ensure you keep running with the latest versions etc.</p>
<p>Why not give it a try, if you are not happy within the first 30 days we will happily refund your monthly fee. You have nothing to loose give <a title="UK wordpress hosting" href="https://praeparo.info/iahportal/index.php?page=shop.product_details&amp;flypage=flypage_images.tpl&amp;product_id=18&amp;category_id=6&amp;option=com_virtuemart&amp;Itemid=134">Praeparo UK Hosting</a> a try.</p>
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