Small business tips: Starting your new business

starting a small business

Last month we looked at the impact of events on UK businesses and the local economy, producing a collection of blog posts focusing on events like eco-friendly festivals, trade shows and Wimbledon. We hope you found this topic as interesting as we did and are now starting to get ready for the Summer months, whether staying in the UK or travelling abroad.

This month we’ll be giving you top tips to starting a new business, from the practical nitty-gritty to more general advice.

Everything begins with an idea – Earl Nightingale

Ever had a great idea that you felt could make a real difference to peoples’ lives, solve a problem or fulfil a need that has yet to be fully satisfied? Ever thought about transforming the essence of that into a business?Start-ups and new businesses are usually borne from a brilliant thought or innovation, however no matter how good the idea, the execution of its delivery and other surrounding factors can see it fall flat.

Starting a new business can be a daunting prospect with 80% of new businesses failing in their first 18 months [1]. That’s why, in July, we’ll be delving deeper into the details of starting your new business. You can expect information and tips on how to make a success of your new start-up, including topics such as:

– Crowdfunding your business

– Promoting your business

– Using social media to engage your audience

– Engaging the local community

We hope that these guides will provide you with useful information and tips to ensure your new business gets off to a flying start. Check back in next week when we will be kicking off with the first of our new business guides; challenges facing new businesses.


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