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w.h.y.? | 17:53 Sat 11th Nov 2006 | Business & Finance
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i would like to start my own business,how do i go about it?the banks are not very helpfull
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Try your local business link or similar government agency - if you are in Norfolk, you can try www.nwes.org.uk

Also this is a useful start up guide: www.startups.co.uk
You local library will probably have a variety of books about setting up your own business and it's a good idea to wade through some of them with a notepad and pencil because you will probably come across a whole host of issues which probably have not occured to you. You will also find examples of easily made mistakes because of ignorance, so some time spent reading and researching such issues will probably save you a lot of anguish later. Meanwhile, while you're waiting to start the business, try and save as much money as possible to help you through the initial trading period because it's a well known fact that most new businesses have a very lean period from an income point of view until they are established.
I'm surprised the banks aren't helpful - they have specialist teams who help with this sort of thing. I just read in today's You magazine that Barclays run free seminars for people who want to set up in business. Try www.barclaysmicrosites.co.uk/start_up/landing_battery.html

Good luck!
Hello,

My advice... First research what type of business u want to start? check for competition? with what capital u want to start what business? possible dont get involve with partners( always problem)...
Ifound the banks were useless .Iwent with a business plan drawn up by my accountant and the bank gave me a cup of coffee and informed me that they were not inthe business to lend money.It was long established and Ihave since learned it is a goldmine.Thanks Na"" W""t for your help.

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