It’s that time of year when we sit back, relax, and reflect on the past year.  We think about the things that we have achieved, the loved ones we have lost, and make plans and goals for the new year ahead.

If you are fed up with the 9-5, have a new idea or product that you would like to market, or even a skillset that you want to use as a service to sell to others, what a great time of year to plan your new business venture and make 2018 the year that you decide to run your own business.

It takes a lot of hard work to start up a business.  You need to be clear about your motivation for jumping in.  Set up can also be very costly, and lenders will want to see business plans and cash flow projections, all of which Figure Fairy can help you with.

To help you begin your business plan, take a look at Xero’s small business guide on How to start a business, by clicking on this link.

It covers essential topics and really gets into the reasoning behind WHY you want to run your own business including, Motivation, Success, Unique Selling Point (USP) and Business Values.

Other guides in the Xero Small Business Guides include articles on:-

  • Finding your best business idea
  • Defining your target market
  • Market research
  • Competitor analysis

If you have any questions on starting your own business, business plans, cash flow projections, bookkeeping, vat, tax, national insurance, or if you would like general business advice then please email – info@figurefairy.com and see how we can help you.

We are a small firm of Chartered Accountants and pride ourselves in offering accounting services with a personal, friendly and down to earth approach.

For additional information, see our website www.figurefairy.com.