A Checklist for Starting your Own Business

More and more people in the UK are leaving the security of their salaried positions to go out on their own, and who can blame them, as working for yourself offers much better prospects than being an employee. There is a lot to take on board when launching a business, and with that in mind, here is a checklist to ensure that nothing is overlooked

  • Funding – So many new enterprises don’t make it through the first year due to lack of funds, so it is vital that you crunch the numbers and make sure you have enough capital to get your business off the ground. As a general rule, you should have the funds to keep the business afloat for the first 6 months, even if you don’t make a single sale.
  • Company Formation – There are many ways that you can register a business, and by talking to your local accountants in Leatherhead, you will receive the right advice about how best to create the business. If you start out on the right foot, there will be no costly mistakes to rectify, plus the accountant will know the best way to minimise taxation.
  • Marketing – You will need a comprehensive digital marketing plan, which is essential if you are going to carve out your market share, and this is something to outsource to a leading digital marketing agency. They will ensure that your website is of high quality and that you have accounts will the major social media platforms, which you simply can’t afford to ignore.

You will need tons of positive energy and a large dose of determination, and with the right planning, there’s no reason why your business won’t be successful.

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