Finance for your business
How much do you need to invest and what support is available?
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The first step you will need to take is to research your business idea thoroughly. What should you research? The following is a comprehensive list of core areas that you need to cover as part of your feasibility study, from researching your product/service offering, identifying your customer base and ascertaining your competitors to sourcing suppliers and deciding on your pricing strategy.
Libraries and Government agencies are useful ports of call when carrying out research before starting your business, as are directories, while the internet is also a valuable source of information.
When you start your own business, you must choose the business structure you will operate as, be it as a sole trader, a partnership or as a company. The following article covers the requirements when setting up each type of business structure.
Unsure what the future holds for your business? Business planning involves looking at all possible scenarios and making sure you're prepared for whatever the future throws at you.
Cash flow and credit control are vital aspects of any business, particularly when starting up a company. A proper invoice and collection policy can ensure your firm gets paid promptly.

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