Starting a business

Starting your own business carries risks – planning well in advance and identifying the hazards out on the course will go a long way towards lessoning the threats that you’ll face. Click here to see how we could help lower the risk of starting a business.

  1. Skills to start

    Running your own business and making it a success requires certain skills and personality traits.

  2. Checking on your potential competitors

    Regardless of which industry you work in, your small business will benefit greatly from keeping an eye on the competition.

  3. Creating a business plan

    A small business needs a strong business plan to attract funding and manage those finances efficiently.

  4. Checking the viability of your idea

    Before you go into business you need to determine if there is demand for your product, and at a price that ensures your business will be sustainable.

  5. Buy or lease equipment

    Choosing between buying or leasing new equipment is one of the biggest financial decisions you'll make.

  6. Using bootstrapping to start your business

    Bootstrapping is a popular method for starting a business with minimal costs. You can harness free resources, borrow equipment, and use creative means to build your business without breaking the bank.

  7. Where to find help

    There are numerous sources of support for businesses getting started and those already established.