If you’re looking to start a business from scratch, it makes sense to test the water and do things on a shoestring. Beg, steal, or borrow from family or friends, use every opportunity you can to get help!
Don’t scrimp on things that are essential, such as training or equipment but think twice (and then think again) before you lash out on those expensive business cards or that expensive launch party!
To see how your business can be dragged down, check out this video clip.
Above all, don’t assume that once you start and you have a good turnover, your business is profitable. You need to think to the future.
For confidential support on making the most of the resources available to you, get in touch.
reaction can point you towards sources of help. If you live in Tynedale, check out www.tynedale-enterprise.co.uk.