Thinking of starting your own small business?
Get the lowdown in our 10 steps so successfully start your own business.
🔟 Steps to Successfully Start Your Own Small business ⚡
1: 𝗞𝗻𝗼𝘄 𝘆𝗼𝘂𝗿 𝘀𝗲𝗹𝗹𝗶𝗻𝗴 𝗽𝗼𝗶𝗻𝘁 - Ask yourself why would your potential clients/customers choose you over a competitor. Your honesty is vitally important to your short and long term success. ✅
2: 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝘆𝗼𝘂𝗿 𝗺𝗮𝗿𝗸𝗲𝘁𝗽𝗹𝗮𝗰𝗲, 𝘆𝗼𝘂𝗿 𝗮𝘂𝗱𝗶𝗲𝗻𝗰𝗲 𝗮𝗻𝗱 𝘆𝗼𝘂𝗿 𝗰𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗼𝗿𝘀 - The more you know the easier it is to plan, to be able to solve your audience's problems and to share valuable content. ✅
3: 𝗖𝗿𝗲𝗮𝘁𝗲 𝗮 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗽𝗹𝗮𝗻 𝗮𝗻𝗱 𝗲𝘀𝘁𝗮𝗯𝗹𝗶𝘀𝗵 𝘆𝗼𝘂𝗿 𝗴𝗼𝗮𝗹𝘀 - Plan your road map to success in great detail. Take your time and define your budgets for marketing, business apps, running costs and website etc. ✅
4: 𝗥𝗲𝗴𝗶𝘀𝘁𝗲𝗿 𝘆𝗼𝘂𝗿 𝘄𝗲𝗯𝘀𝗶𝘁𝗲 𝗱𝗼𝗺𝗮𝗶𝗻 𝗮𝗻𝗱 𝘁𝗿𝗮𝗱𝗲𝗺𝗮𝗿𝗸- It goes without saying how important having a website is so pick a practical domain name and get it registered. Also, trademark your brand name plus any of your own products. ✅
5: 𝗦𝗲𝘁 𝘂𝗽 𝗮 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗯𝗮𝗻𝗸 𝗮𝗰𝗰𝗼𝘂𝗻𝘁- This will make your income easier to account for. From an organisational point of view, it becomes a lot easier to manage and divides your personal and business funds. It also looks more professional when invoicing. ✅
6: 𝗥𝗲𝗴𝗶𝘀𝘁𝗲𝗿 𝗳𝗼𝗿 𝘁𝗮𝘅𝗲𝘀- It’s best to start your entrepreneurial life on a good footing. Start with good habits. Registering for tax will obviously steer you clear of any HMRC trouble and if you can afford an account then do so, it will save a lot of headaches. ✅
7: 𝗚𝗲𝘁 𝘆𝗼𝘂𝗿𝘀𝗲𝗹𝗳 𝗮 𝘄𝗲𝗯𝘀𝗶𝘁𝗲 - A high performing, conversion-focused website is essential for any business type. This is your 24/7 sales team. Answering your customer's objections within your website copy is a great way to boost online conversions but also save you time answering wave after wave of enquiries. ✅
8: 𝗣𝗿𝗼𝗺𝗼𝘁𝗲 𝘃𝗶𝗮 𝗦𝗼𝗰𝗶𝗮𝗹 𝗠𝗲𝗱𝗶𝗮 - You don’t have to be on every channel, to begin with so spend some time deciding which platforms your ideal audience prefers to consume their content. If you’re an e-commerce store selling clothing you’ll most likely be on Instagram. If you’re a B2B company providing manufacturing services you should be looking at LinkedIn for example. ✅
9: 𝗞𝗲𝗲𝗽 𝗱𝗮𝘁𝗮 𝘀𝗮𝗳𝗲 - You have a responsibility to keep your clients/customers personal information protected. ✅
10: 𝗟𝗶𝘀𝘁𝗲𝗻 𝘁𝗼 𝘆𝗼𝘂𝗿 𝗮𝘂𝗱𝗶𝗲𝗻𝗰𝗲 - Your audience can provide valuable insight into how you’re brand is perceived. They can also offer ideas of how to improve your products, your customer service or
your online presence. ✅
❓QUESTION TIME ❓
What made you decide to quit your job and become an entrepreneur?
Do you want independence and freedom?
You needed a challenge and to achieve something big?
Do you want a better life for your family?
All of the above?
If you need help setting up your new business, training or outsourcing get in touch today and have your free consultation with us!