New Business Start-Up's

Are you thinking of starting a business?

Starting a business can be a very daunting time but don't let that put you off! I come across so many people with great business ideas but they aren't sure how to put them into practice and the idea of pulling the ideas together can be frightening to say the least.

I have been self-employed for eight years now and even though it has been a rollercoaster of a ride with up's and down's along the way it certainly has been thrilling to say the least. Below are my top 10 steps to help you start your own business:

  1. Think of a name and the structure of your company. Will you want to be a sole-trader or maybe Ltd? Register with the HMRC and let them know that you are now self-employed.
  2. You may want to carry out some market research to evaluate your business. Try SurveyMonkey which allows you to create your own survey questions and answers. You can then easily share the link with friends and family to collect the results.
  3. Now you have a name you need to check and register your domain name. Try Namesco to see if yours is available and have a think about whether you want to be .co.uk. or .com.
  4. Having an online presence is huge nowadays so you may want to think about a website. Depending on what you need there are a good amount of user friendly platforms which allow you to create, build and edit your own website. If you are looking for an affordable but professional option then click here.
  5. Get a logo designed. Having a good, bright and eye-catching logo is very important for your brand. Have a think about what you want it to represent. A logo design will set you back around £25-£50 and we can help! Email us for more information!
  6. Create your business cards. Business Cards are a great way to start shouting about your business and are great for passing them through friends and family and to take to any networking events. 
  7. Keep track off your accounts. When you become self-employed you have two options either to do your own tax return or employ an accountant. In the first stages you may not need the added expense of an accountact but do remember to keep track of all your expenses and sales on a spreadsheet as this will be crucial to your trading figures and how much tax you pay. If you want some free advice, do contact Mark at Fox Evans and quote 'Educate Business'
  8. Get ready to launch. Nowadays, with portals like Facebook and Twitter, marketing dosen't have to be expensive. Prior to launching a good idea is to also contact your local newspapers and radio stations in you area with a Press Release to let them know of your new business.
  9. Network. Look for local Networking groups in your area to start connecting with like minded people. Try searching here for events local to you.
  10. Join my 'New Business Start Up' ECourse, which includes weekly subjects delivered to your inbox on how to start your own business and at an affordable cost. Click here for more information.

Are you looking for one place where you can store, manage, collate, task and get insights on your business. Then the 4CRM system is for you! Built for small businesses this is an affordable management system for all your needs. Contact us on hello@educatebusiness.co.uk for a FREE demo.