Tuesday 3 May 2016

Direct GOV Setting up a business

https://www.gov.uk/starting-up-a-business/start-with-an-idea

The Gov website has some great tips on starting a business.

Turn your idea into a business

  1. Research your market - identify potential customers. Talk to them and find out if your idea is meeting a real need.
  2. Develop and plan - test your product or service with real customers, make changes, and test it again. Keep doing this until you’re sure there’s a demand for it.
  3. Find partners and suppliers - think about who you’re going to work with to develop and sell your idea.
  4. Set up your business - work out which legal structure is right for you, and register for tax.
  5. Get funding - explore different sources of business finance, from bank loans to government-backed schemes.

No comments:

Post a Comment