Managing Your Business

Your business is precious to you but there are a host of traps and pitfalls that can easily bring your business and ideas down before they have been given the chance to grow. In recent years the UK government and local authorities seem to have done as much as they can to block new business ventures or invention to the point where many people simply give up. HITS-UK is here to help. We cannot guarantee success - no-one can, but it is important that you know the basic requirements before you set out on your new enterprise.

Expertise costs money and there are some costs that are simply unavoidable. You will need to have a Business Plan and some basic accounting work done if you want to attract investment or even ask for a Bank loan. HITS-UK can help with both these elements and has access to private accountants who can help you learn how to keep your accounts in order. We will work with you to ensure that your records are kept safe and secure as well as ensuring that you keep up with the latest legal requirements. Where possible we will put you in touch with one of our preferred business sources such as legal representation so that you can get the best possible advice and help at the time that you need it most.

There are many spin-off organisations who purport to have your business issues at heart and these organisations rarely do anything except take your valuable time, money and effort. They will sometimes offer lame advice or simply give you a list of people to contact without telling you anything more, and for this you are expected to pay a premium charge. HITS-UK can offer, in some instances, a no-win, no-fee arrangement where we will offer specific goals and targets that we will pre-agree in return for a set charge.

Here are some key points to remember:

• Get advice before you do anything from a qualified lawyer and put Non Disclosure Agreements in place before you talk to anyone
• Protect your ideas and products legally as quickly as possible either through Trade Mark, copyright or Patent
• Don't give up! Legal processes ALWAYS take time but are rarely not worth the effort
• Commercial development may enable the product or service to be made widely available to all who may benefit, but think it through carefully
• HITS-UK has been around for longer than most support organisations - we do what we say when we say it

On your behalf, HITS-UK can:

• Create and maintain your Business Plan
• Assist you with marketing and sales strategies
• Put you in touch with people and organisations that may work with you or offer investment
• Manage the areas of your business that you lack the skills to do yourself
• Maximise your potential through mutual assistance

HITS-UK cannot match the bright lights and promises that many organisations may offer you. We do what we say we will do and we adhere to the agreements that we make. We always remember that it is hard when you start out and the pressures on you and your family can be massive. We have been there and we continue to work as if we are still there - that is the only way that we can identify with the issues that you have today.