Starting a business: the basics

Introduction

If you are considering starting up a new business, you need to consider a number of factors to ensure the best chance of success.

As well as your product or service, you will need to think about what you will call your business, what sort of structure it will have and how you are going to run it. You should also think about how you are going to attract customers and where the money will come from for setting up while the business finds its feet.

This guide outlines what you need to do, and where you can find the information you need, to plan your new business. It gives guidance on business plans, proper finance and the legal requirements that must be met when starting up a business.

You can incorporate your limited company online with Companies House using the web incorporation service, for incorporating a private company, limited by shares, with model articles of association.

Subjects covered in this guide