Starting a Business

Starting a new business is a big decision and can be full of challenges. People start up in business for many reasons including previous experience, a hobby or interest, something they are good at, identified an opportunity, a personal achievement, etc. But there is a difference between being IN business and operating AS a business. Maintaining a successful business requires lots of commitment and a wide variety of skills.

Commitment, drive, perseverance and support from family and friends are all requirements as well as a considerable investment of time, funds and energy. Before you begin, you need to understand what you are giving up by leaving a job such as paid holiday, company car and so on. In addition, there are so many things to think about.

Here are just a few:

• Legal structure
• Business name
• Register as self employed
• Register for VAT
• Consider a business plan
• Accountant
• Bank account
• Finances
• Bookkeeping
• Premises
• Operations
• People
• Promotion
• IT requirements

So, if you believe you have the skills required to start your own business but just need some help getting it off the ground please contact us for some personal advice and assistance. We would be delighted to help you turn your dreams into a reality.