It’s easy to convince yourself that you don’t need a business plan, but creating a business plan with financial projections forces you to think through details. Keep your plan a living breathing thing that you revisit and adapt regularly.
If you’re setting up on your own and don’t intend to approach third parties for assistance, it’s still a good idea to write a business plan. It will help you to stay organised and monitor your progress.
Choose a business name:
A business name that is appealing and memorable can do wonders for a business.
Don’t rush the business naming process. Give yourself time. Write down everything you think of. The most unlikely thing could lead to that winning name. Business name help here
Choosing the right business structure:
You’re ready to start your new business, but have you considered how the decisions you make now will affect its growth? One of the earliest is company structure: we look at the pros, cons, ongoing filing and tax associated with the four main start-up structures, to help you decide which is right for you.
Unless it’s part of the business plan to raise significant funds on the stock exchange within a defined period, you probably won’t want to start off as a public limited company (PLC), so it’s a four-way crossroad: become a sole trader, form a partnership, or incorporate a limited liability company or partnership (LLP) at Companies House.
Get your website up and running as soon as possible. Today, it’s necessary for credibility. Even if your product is not yet built, you can start with company information.
Take a look at websites for inspiration. Are they visually pleasing, easy to use, responsive, informative? Based on your findings, you can think about how you would like your website to look and behave. If your website is unappealing or difficult to use, people will leave. If I find a website confusing and I can’t find what I am looking for within a few seconds, I shut it down. It’s important to get it right or you’ll lose potential customers.
You can choose to build your own website (If you have the time and skills) or if you want some advise and help then please contact us at Think Big Online, We offer full website design and hosting for at very affordable prices.
Good Luck with your new business and If you need any help with your website design, social media or any digital marketing then please contact us at Think big Online Banbridge or if you would like a fast quote click Here