What is the first step to starting a business in Wales?

If you are starting a business in Wales the first thing you need to have is a business plan. Make this first, as it will guide you through the next steps of your process. Also make a budget, as this will be necessary for you to use to see if you lack funding in any one specific area. The budget is also necessary if you wish to apply for any government funding offers such as grants or loans. Check the eligibility requirements for any grant or loan programmes you are considering as well, as they differ. To learn more about how to start a business, fill out the form on our website or call us here at UKStartups.org, 020 3880 8554.

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!

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