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Starting a Business

If you've never started your own business before it can be a daunting prospect...fortunately we are here to help you.

When people are thinking of starting their own business the main reasons are (not necessarily in this order):

  1. You want to be your own boss
  2. You're going into a business you enjoy - it may be a hobby that you want to do full time
  3. You want to work when you want to work
  4. You want to work from home or where you choose to work from
  5. You want to earn more money
  6. You are currently unemployed and nobody will employ you
  7. You think you can do things better than your current boss

Whatever the reasons for starting your own business we are sure you'll want to do it the right way in order to give yourself the best possible chance for your business to be a success.

First of all some of you visiting this page might not have a clue as to what you want to do - you just want to set up your own business...but you don't have an idea what?

Fortunately we have over 6000 businesses listed in our easy to find listings from 24 hour and DVD and Video Hire to Zumba Tuition.

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After you have finished reading this page take a look at them - they may well give you some inspiration as well as some help in actually planning your new found venture...and the great thing is - it's all for free!

Okay so let's assume you know you want to start a new busines and you know which business you are going to set up. Great! What next?

Well you should write a business plan for sure, many first timers don't do this and 96% of the time these businesses will fail within the first year. Do you really want to waste your time and money - of course not! So do it right and write a business plan - there is no excuse as we have over 6000 to choose from and it costs you nothing!

Your business plan will also help you decide whether or not you are going to start your business as a bricks and mortar business an online venture or both!

Most people who are setting up there own business have grandiose ideas about their business, but not much thought is gone into how you are actually going to get new customers - in the beginning all your customers will be new, but how do you continue to keep getting new customers to your business and more importantly how do you retain them? Your marketing plan will be a big help in achieving these goals.

Another sticking point about starting your own business is in choosing a name for your business - it seems simple to come up with one or two words for your new company - but it can often take hours of thought to come up with a name you are happy with...and more importantly a name which your customers will like.

Once you have a name and you have registered the name you will usually need a business bank account.

If you are setting up your own business from home then that is relatively easy to do, but what about if you need to get business premises for your new business? What are the kind of things you need to consider?

Whether you have premises or not, products or services to sell - you will want a website. You can go down the path of hiring a web design company or you can create your own website.

Also what is the point of your business - what are your business objectives? Your overall objectives might also be written into your mission statement.

Before you start your business do you know how much it is going to cost you to get yourself up and running? What are your start up costs going to be?

If you don't have much or any start up capital then we have provided a small list of businesses you can start with low start up costs. When you've got your business running - how much is it going to cost you to keep going - what are your running costs?

Assuming you've been successful - the ultimate success in business will be that you have sold your business or passed it on to your children.

We wish you the best of luck in starting your own business - because any and every business needs a srong dose of luck!

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