If you are thinking about starting a business in Wales or would like to grow your existing business, we would love to help you.
Start Your Own Business in Wales contains resources and the information that will help give your venture the best chance of success. It also highlights organisations who offer friendly advice and the services that you are likely to need as a new startup or local business owner.
Grants | Networking groups | Business advice | Mentoring | Co-working spaces
Getting it right from the start can help to prevent problems later.
To help you with this we have created a vast selection of resources and they are all completely free!
We have been working with start-ups in Wales for the past 20 years and while it is true that the economy has changed dramatically during that time, many of the key considerations have remained the same. The sad truth is that too many new businesses fail in the early stages and our hope is that we can play in a small part in reducing that number and help you avoid some of the most common pitfalls.
Find local help including business support organisations, local business networking groups and grants which are available in your area.
Caerphilly | Cardiff | Carmarthenshire | Ceredigion | Conwy | Denbighshire | Flintshire | Gwynedd | Isle of Anglesey | Merthyr Tydfil | Mid-Wales | Monmouthshire | Neath-Port-Talbot | Newport | North-Wales | Pembrokeshire | Powys | South-Wales | Swansea | Torfaen | Vale of Glamorgan | Wales | Wrexham
Starting a new business can be an exciting and rewarding venture. If you're considering launching your business in Wales, this comprehensive guide will provide you with the necessary information, statistics, considerations, and resources to help you navigate the process successfully. From essential considerations to organisations that can provide guidance and support, this guide has got you covered.
Before diving into the details of starting a business, it's essential to consider a few key factors:
Understanding the entrepreneurial landscape and start-up statistics for different cities in the UK can provide valuable insights into the business climate. Here are some resources to explore:
Here are some organisations that can provide guidance and support:
Networking is crucial for establishing connections, gaining insights, and accessing potential opportunities. Consider the following platforms for business networking in Wales:
Here are some additional hints and tips to help you kickstart your business in Wales:
Starting a business in Wales offers a wealth of opportunities and support networks. By considering the essential factors, leveraging start-up statistics, and seeking assistance from organisations and networking platforms, you'll be well-equipped to embark on your entrepreneurial journey. Remember to plan diligently, seek expert advice, and stay resilient in the face of challenges. Good luck with your new business!
And your copy here for only £10 per YEAR!
If you can help existing local businesses and start-ups, we would love you to promote you as our recommended local partner for the area. This will give you maximum coverage (including your logo, name, description and a 'dofollow' link here) on an exclusive basis.
"Two heads are better than one."
Whether you have been trading for some time, are new to the market or are just thinking about starting a business of your own, it has been proven that your chances of success are considerably improved if you seek support from an experienced business advisor or mentor. You can find out more about both options at Business Advice in Wales and Business Mentors in Wales .
"Money makes the world go round."
Running out of money is one the most common reasons why businesses fail. This risk of this happening to can be avoided (or minimised) by careful planning and cashflow forecasting. If you need additional funds to start or keep your business going, you can learn more about your options and download our free funding factsheet at: Business Grants and Business Funding .
"It's not what you know, it is who you know."
Does the idea of business networking fill you with delight or dread? Either way, it can be beneficial for both your business and you as an entrepreneur. See Business Networking in Wales for details of local groups and our free Networking Factsheet.
"Home or away?"
Working from home is appealing to many new business owners but not practical for many others. Even if you are running a business by yourself, you might like to consider the option of 'hot desking' or co-working in one of the many flexi-workspaces that have emerged in recent years. Find out more at: Co-Working and Business Premises
Where to find help and support in the area.
If you are thinking about starting a business, our FREE three-hour ONLINE workshop is definitely for you!
Open to everyone, our sole aim is to increase your chances of success. We do that by explaining:
The reality of running a business; the most common pitfalls and how to avoid them; which legal status is likely to be most suitable; funding, grants and managing your money; business planning and cashflow forecasting; finding and keeping customers.
Download the 2023 edition of our Free Start Your Own Business guide
An interactive step-by-step guide which also includes all of the most important subjects covered in an easy-to-read way with links to useful online articles and relevant contacts.
The idea of starting your own business can be incredibly exciting and who can blame you for being tempted?
However, the sad truth is that far too many new enterprises fail in the early stages. Our aim is to make sure that you don’t become one of them.
This guide explains the key start-up subjects in simple English.
There is also plenty of help available in the area and much of it is free - please do make the most of it.
'You don't know what you don't know' is a phrase that is so applicable to starting a new business.
Wales is a great place for start-ups but your chances of success are dramatically improved if you make the most of the support that is available locally. Click on logos to visit their websites.
Funding
Law
Advice
Advice
Advice
Advice
Advice
Advice
100's of free startup articles
We have created a collection of 100s of startup articles to help anyone with whatever stage they are on with their business journey. Hundreds of thousands of people have gone before you and we can learn from what they got right and avoid the things that have been proved not to work so well.
You can see the full list of 'articles' at: How to start a business