Do you have a great idea for starting your own business? Do you know how to go about setting one up? Starting your own business is a big step and you’ll need to spend a lot of time researching and planning before you go ahead. You’ll need to consider:
- what product/service you are going to offer
- if you need to approach a bank for a business loan
- if you need to rent premises to work from
- if you need to hire staff
- how you will source any raw materials
- how you will market your product/service
- how you will distribute your product/service.
Starting your own business is not an easy option but it can be very rewarding. Use the information available to you. Gain from others’ experiences.
Your Connexions service is a great source of information and advice on self-employment. There will be information in the Connexions centre and a personal adviser will be able to put you in touch with local organisations that can help and support.
Weblink
Business West – advice about setting up, funding and running a business
External link: businesswest.co.uk
Shell LiveWIRE – advice for 16-30 year olds wanting to start up in business.
External link: shell-livewire.org
