Starting a Business Step 1 - Have An Idea

Whether your idea is for a product or service, you should ask yourself the following questions 

Gather your thoughts together and write them down. Discuss your ideas with friends and family and get their input. Refine your idea until your happy with it.

Useful links:

Growth Hub providers – help with starting a business.

Open University – The OU runs a free, 15 hour course aimed at anyone looking to start their own business.

Business is GREAT Britain - a good starting place whether you’re looking to set up a business or you need help in making your business grow.

SETsquared - a partnership between the universities of Bath, Bristol, Exeter, Southampton and Surrey specialising in growing high-tech start-ups.

Institute of Chartered Accountants in England and Wales - provide a series of free downloadable documents aimed specifically at start-ups.

Her Majesty’s Revenue and Customs - have compiled a useful guide packed with information and advice for those in the pre-start up or start-up phase of business.

GOV.UK - provides online information and guidance on starting a business.

Business Finance Guide – a useful guide covering all aspects of business including advice on starting a business and funding.

Start Up Loans - offer government backed funding to enable you to get your business idea off the ground.

Business West Virgin Start Up Loans - Your business may be eligible for Business West’s start up loan scheme in partnership with Virgin Start Up.

British Business Bank - publishes a useful guide to finance options for start ups, SMEs and growing mid-sized companies.

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