Starting a business

Starting a business

1. Start with an idea

If you’re thinking of starting up a business, you’ll first need to come up with a realistic idea that you can turn into a product or service.

Find local support, including help with developing business ideas:

Register your intellectual property

You might have already come up with an idea for a business you think there’s a market for, or invented something you think people will want to buy. Find out how to register your intellectual property to make sure nobody copies it without your permission.

Turn your idea into a business

  1. Research your market – identify potential customers. Talk to them and find out if your idea is meeting a real need.
  2. Develop and plan – test your product or service with real customers, make changes, and test it again. Keep doing this until you’re sure there’s a demand for it.
  3. Find partners and suppliers – think about who you’re going to work with to develop and sell your idea.
  4. Set up your business – work out which legal structure is right for you, and whether you want to sell shares.
  5. Get funding – explore different sources of business finance, from bank loans to government-backed schemes.

You might be able to get support and financial help from Jobcentre Plus if you’re unemployed.

Contact the business support helpline in your area for help and advice on starting or growing your business.

Information credit: www.gov.uk

 

The working mums’ guide to social networking

Posted by on Sep 18, 2014 in Female Entrepreneurship, Starting a Business | Comments Off on The working mums’ guide to social networking

The working mums’ guide to social networking for business Everyone knows that social networking matters if you’re in business – but how do you make it pay? Does Tweeting about what you had for lunch make good business sense, and where is the boundary between socialising online and making money from it? We gathered some working mums together – virtually, of course – and picked their brains about how to make social networking work for your business. Here’s what they had to say… Chetna Parmar, 40, is a mum of two who runs...

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Set up a service

Posted by on Sep 18, 2014 in Business Zone, Starting a Business | Comments Off on Set up a service

One of the quickest ways to start cash coming in is to set up a service. Making money is a big motivation for many of us and if you choose the right service with low start up costs, almost everything you make is profit from day one. If you think you have no skills, that shouldn’t stop you. I bet you would be able to offer one of these services almost straight away: cleaning or ironing; errands and ‘waiting in’ for deliveries; decorating; pet sitting or dog walking. If you had an office job in the past, would you be able to offer virtual admin...

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Direct Selling: The Direct route to success

Posted by on Sep 18, 2014 in Business Opportunities, Business Zone, Starting a Business | 0 comments

Direct Selling: The Direct route to success

For many mums throughout the UK direct selling offers an attractive way to supplement income and work flexibly around other commitments like childcare.   In fact, direct selling is the UK’s largest provider of part time, independent earning opportunities –with over 400,000 people involved in direct selling in the UK. The industry contributes £2 billion annually to the UK economy, and continues to grow despite the recent tough economic climate. Direct selling is where good are sold direct to consumers outside of a fixed retail...

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Insider guide to Franchising

Posted by on Sep 18, 2014 in Business Opportunities, Starting a Business | Comments Off on Insider guide to Franchising

Deciding to become a franchisee is a big decision. Your time, money and family will all be affected by the choice you make so it is important to get it right. Here, MumsClub, together with some successful franchisees and franchisors, offers tips on what you should consider when choosing a franchise business. MumsClub Money Matters Can you afford the initial investment? It may sound silly, but a franchise opportunity that costs upwards of £20,000 should not be on your shortlist if you have no way of meeting the initial cost, even with any...

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creating a great business website … on a budget

Posted by on Sep 18, 2014 in Business Zone, Starting a Business | Comments Off on creating a great business website … on a budget

With the seemingly endless advancements being made in user-friendly consumer technology, it’s now easier than ever for someone with a big idea but small start-up budget to get their business up and running online. But what are the tricks to creating that professional look and feel which will engage and impress new customers but with only basic computer knowledge and little or no capital? 1. Use the best tools Let’s face it, even the savviest of business owners have admitted to not being quite up to date with the heady and complex...

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Networking for Business Success

Posted by on Sep 18, 2014 in Business Zone, Starting a Business | Comments Off on Networking for Business Success

For a Business Mum working from home, other than at playgroup or nursery there is little opportunity to meet other people let alone business people and potential business contacts. Mixing with other business owners is considered by many to be an essential practice for any aspiring business man or woman. To begin with it can be daunting but it is a business tool and can bring far more to your business than just generating new sales. Online is the ideal place to start. Many mums say that when they became a mum, they felt they’d joined a club,...

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What is Copyright?

Posted by on Sep 18, 2014 in Business Zone, Starting a Business | Comments Off on What is Copyright?

What is Copyright? Copyright gives the creators of certain kinds of material rights to control ways their material can be used. These rights start as soon as the material is recorded in writing or in any other way. There is no official registration system. The rights cover: copying; adapting; distributing; communicating to the public by electronic transmission (including by broadcasting and in an on demand service); renting or lending copies to the public; and, performing in public In many cases, the author will also have the right to be...

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Buying a Business Opportunity

Posted by on Sep 18, 2014 in Business Opportunities, Business Zone, Starting a Business | Comments Off on Buying a Business Opportunity

Looking for new ideas or inspiration for a business you can run from home? Mothers are known to be creative and resourceful, let’s face it we need to be when juggling the madness of family life every day! But often we can stumble upon a new business idea by realising a need for ourselves. Have you ever wanted a style of clothing that you just can’t find in the shops? The chances are that if you’ve needed it then other mum’s will have done too. So if you’re up for the challenge you could set yourself up, source a supplier and run with your own...

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Home Business Ideas

Posted by on Sep 18, 2014 in Business Zone, How to start a business, Starting a Business | Comments Off on Home Business Ideas

Home Business Ideas So where do you start? What ideas are there for starting up a home business? Here’s a list to give you some inspiration Party planning Baby cakes Cake baking Virtual PA Pet sitting, Cleaning, Gardening Ironing service, Gardening – like party planners, they aren’t WAH but flexible Event Organiser Craft businesses such as jewellery making, card making Running a website from home Slogan baby bibs and t-shirts Copy writers, Web designers, Graphic designers, Photographers On-line tutoring Telesales Fundraising...

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Getting your business online

Posted by on Sep 18, 2014 in How to start a business, Starting a Business | Comments Off on Getting your business online

Getting your business online

Getting your business online and creating an online presence By Clare Rogers, Medden Website Design Why Do I Need to be On-line? Can you afford not to?  Online retail sales in the U.K grew at 14% from April 2008 – April 2009.  Nearly £200 million per month in the U.K. alone is spent online A website can be more than just an advertising brochure for your business.  You can have a shop, community, customer support, feedback etc. Think about your customers and how offering them online facilities is encouraging their loyalty For some time and...

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