The registration of new businesses with Companies House is currently running at the rate of approximately 600,000 per year. There is a lot to think about when starting a new business and some early advice can help avoid the pitfalls and also result in quicker success.
Many businesses succeed and bring rewards to their owners. Good decisions made in the early stages will inevitably result in much greater chances of success. Our business advisors can help entrepreneurs to prioritise the important actions and get a head start. A good business plan is essential to ensure you have thought through how your business will work, the resources required and were and when the money will come from. A business plan helps to keep you on track but it should also be flexible enough to allow changes based on new knowledge.
Sadly, some businesses are doomed to be only modestly successful or to fail entirely. In this case, the best advice can be to stop and go back to the drawing board.
Contact us for a no obligation discussion on how we can help you make your new business a success. We can provide practical advice and also ongoing mentoring where required.
More information for Startups:
6 Important Technological Considerations For A Start-Up
Setting up a company in the UK
How to turn a hobby into a business
