In today's world, more and more people are not just thinking about setting up their own business, but are taking action.
When you are your own boss, having another point of view and someone to bounce ideas off really can help.
Running your own business is the same as any other career: the more you know, the greater the chance of your success. Thankfully, there is plenty of help and guidance around, and much of it is free!
According to The Federation of Small Businesses, the UK has more than 4.5 million small businesses. Statistics on the success rate for new start-ups is somewhat unclear and varies dramatically depending on the source. But no one can dispute that the UK's entrepreneurs and smaller businesses in general need all the help they can get.
One route which many people have successfully taken into starting a new venture is to buy an existing business.
It's a bit of a touchy subject in these uncertain economic times, with companies shutting down and people being made redundant everyone is constantly on edge for their careers. So how do you become sackable?
One of the most common questions that we are asked by people thinking about starting their own business is 'where can I find FREE business advice?'
Enterprise First is a not-for-profit enterprise agency dedicated to helping small businesses and they offer a free business toolkit containing a number of useful resources.
A brief overview of the type of support that you may be able to find on the end of a phone line in your area.
Fact - 70% of small businesses that use a mentor survive for five years or more – which is double the rate of those without mentors.
A clue- it's an activity that should be central to any business or organisation.
The word ‘risk’ always seems to have a negative connotation, yet any entrepreneur will tell you that in order to be successful it’s something you need to face - again and again and again. If you’re looking to start your own business (which I assume you are if you’re reading this article) then you’re already contemplating taking a risk. You’re making a decision as to whether you’re going to step out of your comfort zone, and into the unknown.
Being in business today means a lot of hard work, often putting in long hours and taking few holidays, at least until the business is established and the cash flow has steadied.
So what does it take to be ready to start a business?
You've probably got an idea, you may have held onto the dream of working for yourself for some time - but how do you put them altogether?
The booming world of the internet presents many opportunities but how can you make the most of them?
With so many companies making cutbacks, the opportunities for finding a new job may not be so bright. However, being your own boss may be the answer.
The thought of starting a business can be exciting, but also very scary - how do you overcome the fear?
What is it that we do all the time and that is so powerful that it can really make the difference between success and failure?
If you are at the point of taking the plunge and starting up your own business, may I congratulate you on making it this far.
I don't think anyone will disagree when I say that time is the most precious asset of any small business owner
Why time management and motivation are so important for a new small business.
Does being an entrepreneur mean not being able to have a work life balance?