4 Important Things You’ll Need to Start a Business

Julie Starr • October 30, 2020



Starting a business is a big decision that requires careful planning to get it off the ground. Many people find it extremely challenging and fail to follow through with their plans. Have you thought of starting a business of your own? Maybe you already did – or maybe you tried and failed and feel the same as  84% of small business owners  who admit that they are willing to do it all over again. Whatever the case may be, here are four things you’ll need to get your business started on the right foot.

  • A business plan

Writing a business plan is the first step to starting a business. Creating a business plan makes it easy for you to identify solutions and provide solutions before experiencing them. You need to figure out the type of business you want to start. Would it be a partnership or sole proprietorship? Maybe it is a 3D printing service you want to create. Then you can learn more  from experts such as RapidPSI. By projecting your results when you commence, you can stay on track and focus on your objectives.

It’s important when you’re creating your business plan that you know how to be flexible. Be an opportunist. Learning to take opportunities that are good for you is important if you want your business to be successful. Franchise opportunities can be a good way for you to get ahead with your business, and they provide a bit of extra security. Some of these opportunities even offer training, so you have a lot to gain!

  • An understanding of your inherent strengths and skills

One of the most important tasks to outsource if you can’t do it alone is your finances. As said above, obtaining help from an accountant will ensure that your business’ finances are always up to date no matter what. It doesn’t matter what type of business you own – finances are important! Whether you’re in the food industry, the fashion industry, or even a nonprofit organization – there is no exception to having your books in order. If you’re a nonprofit, this is even more applicable to you, because having your finances in order will determine the length you can go to make a difference. That said, there are nonprofit bookkeeping services that can assist you with all your bookkeeping needs while you focus on making a lasting difference in the world.

  • Passion for your new business

Being a business owner can be tiring, frustrating, and stressful.  In addition to that, you may be spending all your hours working but unable to accomplish enough. The drive you need at this point is passion. That is what keeps you motivated to achieve results even when you face failures and disappointments.

  • Start small and focus on growth

Perhaps, you do not wish to commit all your financial resources to this new business , so you decide to begin small. Fortunately for you, this is a safe strategy for start-ups. Starting small allows you to monitor progress until you are certain it’s time to go full-time and big. When you start small, you can usually choose to break it up while funding the early stages. For example, if your business is the retailing of skincare products, you can choose to go with one product on social media- slowly introducing your products and attracting clients. Over a period, you may have gained a more considerable following, making it easier to introduce more products.

You may also get all the financial resources you need to kickstart your business by pitching your idea to potential investors. For any startup, the ability to present a solid pitch to investors is crucial to bringing in the financial resources your business needs. Although several factors may determine the success or otherwise of your presentation, having a solid and well-packaged pitch, overall, can capture the attention of investors. Use a startup pitch deck to ensure that you give your startup business a better chance of attracting the right investors.

  • An understanding of your inherent strengths and skills

What are your limitations, strengths, and weaknesses? Knowing how to use each one and translate it into business success is a mark of a good entrepreneur. For example, you should know when to engage external help services such as a lawyer, accountant, or marketing expert. Understanding that you cannot do it all on your own is a character trait you will need when your business becomes a popular one.

It is a good thing to start a business, but you would not succeed without the right tools or skills. Take precautionary steps to ensure that you carry out your operations efficiently and productively. Do not be frightened by big companies within your industry. They all had to go through a grueling process of initialization, understanding the customer, moving past failures, and an unflinching determination to do better over the years. Start with your plan now to start that fantastic business idea.

Blockchain for Sustainability: Cutting Through the Hype with Strategic Communication

By Julie Starr • April 28, 2025
As blockchain continues to gain traction in sustainability circles—from tracking carbon credits to improving supply chain transparency—more organizations are exploring how these emerging tools might support their ESG goals. But with innovation comes complexity, and for many stakeholders, blockchain still feels like a black box. That’s where communication becomes essential. At Taiga Company, we work with clients to simplify complex sustainability narratives without oversimplifying the value. While blockchain can offer traceability and transparency, it’s not a silver bullet—and how you talk about these technologies matters just as much as how you use them. Poor communication can undermine credibility, especially in a landscape where stakeholders and regulators are increasingly alert to greenwashing . On the other hand, clear, honest messaging about blockchain-enabled sustainability efforts can build trust and differentiate your leadership. Our approach is grounded in materiality and alignment. We help organizations: Translate technical tools like blockchain into plain language that resonates with diverse audiences Connect new technologies to core sustainability strategy Craft credible narratives that evolve alongside innovation Blockchain may be new territory, but strategic communication remains the foundation. Whether you're piloting traceability tools or just starting to explore how blockchain fits your ESG roadmap, we help you tell the story with clarity and confidence. Let’s make innovation meaningful.

6 Things All Modern Businesses Need in 2025

By Julie Starr • April 22, 2025
If you’re starting your own business, then you know all too well that it’s equally an exciting and overwhelming time. There’s so much to think about, and you want to get it right from day one. But it doesn’t have to be as overwhelming as you might think. Let’s go through everything your new business needs to hit the ground running this year. A Clear Business Plan Before anything else, take the time to figure out your game plan. This doesn’t need to be a long, boring document that you’ll never look at again. Think of it as a simple guide that answers three key questions: Who are you selling to? What are you offering? And how are you going to get noticed? Once you’ve written that down, you can always tweak it as your business grows. From a communications standpoint, clarity on your audience and value proposition also sets the foundation for authentic brand storytelling—something Taiga Company helps clients refine at every stage. Responsible Financial Management Money is one of those things that can make or break a business. The good news is you don’t need a finance degree to get it right. Start with a simple budget. Know how much is coming in, what’s going out, and what you’re setting aside. Think about things like stock, marketing, bills and wages if you’re hiring. Keep it realistic and keep it updated. Doing this from day one will make life much easier later. Reliable Cloud Services In 2025, storing everything on your laptop isn’t really a safe bet. Files go missing, computers break, and you don’t want to lose important stuff. That’s where cloud services come in. They keep your files secure, backed up and easy to access from anywhere. Whether it’s documents, customer info or creative work, having it all saved online gives you peace of mind. And when you're building a business in a digital-first world, having secure, accessible assets also means your team can collaborate more efficiently across channels—essential for strong communications. Flexible Payment Options Most people don’t carry cash anymore, so if you’re only accepting it, you’re going to lose sales. Get yourself a card reader that takes all the usual stuff like debit cards, credit cards, contactless and Apple Pay. The easier you make it for someone to pay you, the more likely they are to buy. Simple as that. A Basic Website Even if you’re not selling online, you still need a website. It doesn’t have to be fancy. Just something that tells people who you are, what you do, and how they can contact you. Think of your site as your digital front door. If someone hears about your business, chances are they’ll look you up online. Make sure what they find actually helps them. A clear website is also one of the most powerful communication tools your business has. We work with clients to ensure their digital presence reflects their story, purpose, and value. A Way to Spread the Word You can’t rely on people just stumbling across your business. You’ve got to put yourself out there. Social media is a great start, but don’t stop there. Think email newsletters , posters in your local area or even just chatting about your work whenever it comes up naturally. The more you talk about your business, the more others will too. Starting a business in 2025 is a big move, but it doesn’t have to feel impossible. Get the basics in place, stay flexible and keep learning. With the right tools and the right message, you can build momentum and create connection. Taiga Company helps growing businesses translate operational essentials into brand trust and long-term impact.