How to start a business: The essentials

There's never been a better time to start a small business

What’s more, many successful entrepreneurs had no business qualifications or experience prior to starting up in business; many spent months, even years, formulating their idea into a viable business proposition; and absolutely every single one has made mistakes, accepted help and learnt lessons as they’ve gone along.

The reason they’ve succeeded is because they’ve remained determined, focused, worked extremely hard and had the clarity of mind to realise they couldn’t do it all on their own. If you share these attributes, you’re half way there. And needn’t be that scary. It might seem that you only ever hear bad news about the condition of the economy, but there’s never been a better time to start a business.

Start-up support is plentiful

There’s never been so much help and information from business start-up services available to people wanting to do it as there is today. There’s never been so much funding available for business start-ups, and the government has never been so geared to encouraging enterprise.

The doom and gloom merchants certainly haven’t put off the 3.8 million businesses currently operating in the UK, or the 904,000 people that made the plunge and started-up last year. Every year the figure gets bigger as more people decide to work for themselves, and each year the number of business closures decreases too.

What’s more, business start ups are now fundamental to the economy. The days of thousands of large companies employing millions of staff are no more. The number of aspiring entrepreneurs starting small businesses have surged in recent years, and their companies now make up 99.8% of the total businesses in the UK and are responsible for almost half of the UK’s workforce.

So while you might be on the verge of starting your own business with the freedom to work when, where and for how long you want, you won’t, contrary to popular belief, be ‘going it alone’. There will be others going through the same experience, there will be others who have already gone through the experience and there will be business startup services to guide you.

That said, nobody’s going to build your business for you while you sit content in the knowledge you’re now master of your own destiny.


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