4 FIVE THINGS TO CONSIDER BEFORE STARTING YOUR OWN BUSINESS

Starting your own business is something that many of us think about doing at one time or another, especially when the economic climate makes permanent employment seem less secure.

So if you do get bitten by the entrepreneurial bug and a significant investment from Sir Alan is unlikely to be forthcoming, then here are five things you will need to consider.

PLAN

To avoid becoming another statistic (nearly half of start-up firms fold within their first two years of existence) you need to initiate your plan of action well in advance. With your business plan and funding in place, it’s important to ensure your product or services, premises, marketing and online presence are just as well ...

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