small business Tag

Step-by-step action plan to help you launch your business successfully Around 15% of the UK working population is now self-employed which represents about 1 in 7 workers. With more of us setting up our own businesses than ever before, taking the right first steps can make the difference between success and failure. Here's 5 steps you can follow to get your business idea off to a good start: 1. Clarity – It’s vital that you have clarity about your business. You need to be very clear about your product or service, your customer and your business strategy. This will involve researching the market and understanding where your business fits in that market. While it’s inevitable (and often necessary) that your business will evolve over time, it’s important you set some key goals, aims and objectives. Whatever your product or service, you need to identify the market you will serve and niche you...