e-Factor
Fact Sheets Pre Starts
Pre Start Up Businesses
Choosing the right business structure
When you start a business one of the first decisions you need to make is about its structure or legal status. There are pros and cons of each and many issues to consider, including tax implications.
This fact sheet looks at the main alternatives of sole trader, partnership, limited company, limited liability partnership (LLP) and community interest company (CLC).
DownloadResearching your business idea
One of the most important stages of pre-start up for any new business enterprise is the research phase. Is there a market for your product or service, who are your competitors and what do your customers want? These are all questions you need to be able to answer.
This fact sheet looks at the main ways you can research your new business idea.
Choosing a business idea
For the budding entrepreneur, the first and biggest decision you need to make is ‘what will your business be?’ Having a good business idea is essential to success but it also needs to be something you can deliver on.
The questions in this fact sheet are designed to help you through this process.
Could you run your own business?
For many people running their own business is a dream. It can also be a risk and before you embark on setting up a business you need to do an honest appraisal of your own skills, character and backing before launching your venture.
This fact sheet looks at the main areas you need to consider when thinking of starting your own business.
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