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

The first step to starting a small business is different for each entrepreneur depending on what your individual situation may be. There are different steps depending on what type of small business you are starting and where you are currently within the process. However, at first it is essential to have a small business plan and a budget. If you have these things you can help plan what you need to do within the future to meet your goals. If you have a budget in place you can determine if you have the money you need to complete your goals, and if you do not you may be able to get funding you need from the government. There are small business loans and grants available that can help with funding. This can provide more information about those funding options, fill out the form on our website. You may also call us on 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!

Need funding for your business?

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