So you wanna be a boxer?

03/10/2014 — Alexia McClure

Unless you are feeling lucky, you wouldn’t step into a boxing ring without proper training and nor should you leap into starting or growing your business without calculating the risks, considering all of the potential moves you might have to make, or setting out your criteria for success.

There’s a scene in Alan Parker’s all time classic Bugsy Malone, when the eponymous hero takes Leroy to Slugger’s Gym to see if he can become a boxing champ: it’s Bugsy’s great idea to make some quick cash. In the scene the gym owner, Cagey Joe, says there’s no such thing as easy money and lays out the criteria for success in the ring in one of the best songs of the film – “So You Wanna be a Boxer?”

“So you wanna be a boxer
Can you pass the test?
I can tell you’ve got it in you
I’ve trained the best”

There’s nothing cagey about the team at Jersey Business, but just like Joe we’re experts in helping people achieve their goals and dreams and, of course, Joe is absolutely right when he warns Leroy that becoming successful takes careful planning and hard work.

Business is a bit like boxing: the market is your ring; you have competitors to spar with; and you have to be mentally as well as physically prepared for the contest that lies ahead if you are to win the prize. In the world of business, getting your planning right at the start is crucial to the successful development of your business career, whether you are starting out, improving an existing offering or looking to grow.

Our Business and Financial Plan Development service is just one of a range of facilities we offer and, as with all our services, it is completely free, confidential and independent. When you come in to Jersey Business we will work with you to identify your needs and, whilst we are not going to write the plan for you, we will share our expertise and knowledge with you to support you through the process.

We believe that developing a robust business plan gives you the best chance of effectively delivering your product or service; and sound financial planning allows you to understand your potential financial returns, uncover any pitfalls and build a healthy cash-flow.

Our Planning Service includes help with writing business and marketing plans, conducting effective competitor analysis, how to incorporate a company and advice on the different types of trading entities that might be appropriate for you. Hand-in-glove with this we can also help you develop a sound financial plan, identify your funding requirements, build cash-flow forecasts and understand profit & loss reports.

Our experts are ring-side throughout the process, ensuring your assessment of the risks and requirements is founded on real data and that your projections for growth, or start-up, are realistic and viable. Getting fit for business is a two way relationship: you have to be prepared to share your ideas with us and answer detailed questions about your business, how it will operate and who your target is.

Unless you are feeling lucky, you wouldn’t step into a boxing ring without proper training and nor should you leap into starting or growing your business without calculating the risks, considering all of the potential moves you might have to make, or setting out your criteria for success. Our team of business specialists are there to set you up with the best chance of winning: ultimately of course it’s your own performance, determination and self-belief that will have the most impact; but we believe that if you have a solid and well-planned footing that has identified your goals and how you are going to get there, you can then focus on achieving them.

We work with Jersey businesses at all stages of their commercial journey and offer free, independent and confidential advice. You can find out about all of our services at www.jerseybusiness.je and of course we’d be delighted to welcome you at our offices in the Parade for an informal chat about your needs.

And we promise, you won’t feel like you’ve gone ten rounds when you’re working with us.

Newsletter sign up
Subscribe to our monthly newsletter for exclusive insights and inspiration direct to your inbox.
Sign up today