What should be my first step if I am thinking of opening a business?

If you are thinking of opening a business, your first step should be creating a solid business plan. After you have done so, you will need to figure out finances.

If you are in need of financial assistance, consider applying for a government grant or loan. The UK Government offers a variety of funding opportunities for new small business owners.

If you aren’t sure how to find such opportunities, there are many third party research resources available to assist you in the process. You can use the UKStartups.org’s Startup Assessment Tool a convenient tool you can you to help you find currently available funds you may qualify for. The UKStartups.org website also features business plans and grant proposal templates that may assist you when applying for funding. If you have more questions, you can call us directly at 020 3880 8554, toll free.

There are hundreds of government funding schemes available for small business owners in the UK. In fact, our Funding Database currently has over 600 government funding schemes and over 500 private investors available for small business owners and startup entrepreneurs. What are you doing to take advantage of this? Become a member and start your search.

Take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at starting your small business. It just takes 30 seconds and will also tell you if there may be any funding assistance available.

Be sure to look at the hundreds of daily questions and answers we have from entrepreneurs like you who want to learn more about starting a business, creating a business plan, searching for funding. Our small business experts take the time to answer each and every single question, so if you have something on your mind – we can help!

Need funding for your business?

Learn how you can get funding for your small business in the UK. It takes 30 seconds.