Each year in the UK, more than 500,000 people start a business of their own. Some are natural-born entrepreneurs with a fantastic idea they turn into a successful new venture. Many want to earn more money or be their own boss. Some seek greater flexibility or a more favourable work-life balance. Many simply have no alternative, perhaps after losing their job.
Starting up a business can provide you with a more rewarding life, but there are no guarantees. The start-up survival rate remains low.
However, the good news is many new businesses do survive and if you take care of key start-up tasks properly and in the right sequence, you can get your new venture off to a great start.
Our guide covers all the topics you need to start your business, including:
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Deciding when to launch your new business
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Boosting your start-up knowledge
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Deciding who you’ll sell to — and how
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How to analyse your competitors
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Creating a brand
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Writing your business plan
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Registering your business
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Managing your business finances