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What to think about when you set up your start up

When you set up your start up business there’s so much to think about. From managing all the paperwork, to getting everything running and not to mention sorting all the legalities out. Below are a few essential tips to get your start up going:

Get as much support as possible

There are so many government initiatives and programmes set up to help people get their business ideas off of the ground that it’s definitely worth doing you research. Try the national enterprise network for advice or visit gov.uk and try out their finance support calculator to see what funding you might be eligible for as you might be surprised.  Often schemes can help with getting anything from 6 months free rent or funding from a professional body.

Understand the law

Seek help from a law firm like Carrs Solicitors so you know exactly what you can and can’t do. Business law can be pretty complicated and making a big mistake early on could cost you a lot. By seeking advice from a law firm you’re sure to be on the right track. All commercial activity has its own special rules and regulations so it’s important to be aware of the dos and don’ts.

Use technology to your advantage

Speak to other small business owners who are already established. See if they know of any apps or production tools which make running a business easier. Apps like Dropbox are really essential so you can access all your important files and easily share documents from your phone. Evernote can also be very useful for setting up your start up as it allows you to transfer information from your desktop to phone and vice versa. When you are in the early stages of setting up you’ll often get advice from all angles, with Evernote you’ll be able to sort and manage this advice, making it more useful.

Marketing

Thinking about how you’re planning on marketing your business is essential. Attracting clients is the first big step to making your business a success. Use social media to create a buzz around your business before it opens and that way you have some time to build up interest in your new venture. It’s best to try and use as many free types of advertising in the beginning as you won’t have a big budget to spend on marketing but making some flyers or posters could be helpful.

Follow this advice and make sure that your start up gets off the ground.

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