Planning your business

Thinking about starting your own business? You're not alone; more than 500,000 businesses start every year in the UK. We'll help you get started with your business plan, avoid common pitfalls and boost your chances of success with expert advice & top tips.

  • A guide to overcoming your business fears

    Is fear standing in your way? Starting a business and running a business both take courage, and having a positive mind-set is essential for success. In this guide, we share insights into how to overcome your fears so you can take the first steps to running your own business.

  • "Whenever you see a successful business, someone once made a courageous decision."
    Peter Drucker, management guru.

    Running your own business takes guts, no doubt about it. But if you have fears, you are not alone. According to research by Business Link in 2011, fear is preventing one in three people from starting up on their own.

    It's perfectly natural to worry about running a new business, however small. Every small successful business owner has to contend with doubts and fears. And everyone, from Richard Branson to James Dyson, freely admits they have made mistakes. The crucial thing is to learn from them.

    Fears about starting up a business are not irrational. But if you can learn how to harness your fears and channel your energy into creating a successful business. Every new business venture is a journey into the unknown. But with careful planning, you can minimise the risks and maximise the rewards.

    Our guide offers advice on how to make your fears work for your business:

    • Common fears
    • Do you have what it takes to run your own business?
    • Are you a typical entrepreneur?
    • Overcoming fear
    • Create a positive attitude
    • Improving your skills – and getting help
  • Resources to help you grow your business

    How to write a business plan

    Drawing up a business plan is like creating your own recipe - you need to gather the ingredients together, set out your equipment, and create your plan.

    Software to simplify your finances and VAT

    Sage accounts software takes care of the financial side of your business. It’s easy to use and it helps automate complicated processes like VAT. And we offer dedicated support and business advice to keep you on the right side of the law.

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