Classified Ads
for Businesses

Start In Business
Bookmark and Share
 Start-up flow chart: Starting a business 'from scratch' on your own

Starting from Scratch 

Comments and advice :

Starting a business from scratch can be the most rewarding method of business start-up.

Unlike Franchising, Referral Marketing and Buying a business- you are 100% on your own. Before you dive in at the deep end, there are plenty of things you can do to increase your chances of success e.g.. getting to know your market and competition, creating a realistic business plan, constantly motivating yourself and your staff.

There will be plenty of problems to deal with and many things to learn. Nothing is impossible, but things can get very difficult. When facing problems it is important to maintain a positive attitude, but be realistic. Imagine the scenario: two identical businesses face the same problem- one fails and the other succeeds. It goes to show that it ain't the problem but the way that the problem is dealt with that differentiates between success and failure. Deal with problems head-on, if you 'bury your head in the sand' the problem will get worse and the only person you can blame is yourself! Most successful entrepreneurs have found themselves in exceedingly hairy situations- taken the correct course of action- and survived.

There's a lot of money to be made in this big-wide-world.

You just need to perfect a system that enables you to:

  • Understand & feed the desires of a group of people.
  • Have as much money as possible going in to your bank account.
  • Have as little money as possible coming out of your bank account.
  • Have fun and enjoy yourself.
 The Pros:
  • Initial investment level is decided by yourself or your ability to attract investment.
  • Many organisations offer support / subsidies / funding.
  • You have the ability to explore new business concepts / formulae.
  • All post-tax profits are your own.
  • No restrictions on your business methods.
  • Control expansion to suit.
  • Ability to adapt quickly to changing economic circumstances.
  • Potential to sell, franchise or float on stock market once business has stabilised.
  • Great sense of achievement and ability to say 'I told you so',
 The Cons:
  • Comparatively little 'hands-on' help and advice than other methods.
  • Steep learning curve.
  • May fall in love with the business and forget the point e.g. to make profit.
  • Most business start-ups fail in their first year.
  • Ability for your friends to say 'I told you so'.

'Start in Business' Best Sellers :

The Beermat Entrepreneur : Advice on Turning a Good Idea into a Great Business.
How to Make Millions With Your Ideas : An Entrepreneur's Guide.
Richard Branson : The Authorised Biography
Motley Fool : Make your Child a Millionaire.
Hackers and Painters : What impact will programmers have on the rest of us?

Legal Document Templates :
Trading : Debtors & Creditors, Contracts & Letters etc.
Corporate : Corporate Docs & Forms, Company Admin, Companies House Forms
Employment : Recruitment, Staff Management, Discipline & Dismissal
Health & Safety : Health & Safety Statements, H & S Forms

Retailer's and Trader's Resources :

UK Wholesale Directory + Product Database :
SimplyWholesale : Find suppliers & view live wholesale offers.

Wholesale Directory - List of Suppliers :
UK-Trader's Wholesale Guide : Used by thousands of traders. Instant download.

Business Software :
Business Plan Software : Generate a solid business plan.

Gadgets / Future :
Electronic Product Code ( EPC ) Network : Research into the future of products
Buying Gadgets : The first Bluetooth products on the market.
Making Gadgets : Programming wireless devices with Java 2 ME.

Fun Stuff / Entertainment :
Ghana Soundz, Music : Probably the best music you will ever hear
The Office, TV Series : Useful when training your staff!
Need a Better Office Ambiance? : Sound like a call centre on the telephone!