Support for Start Ups in Hampshire | Business Networking Link

Do you have a great idea for a new business? Are you excited by the prospect of seeing it through ? from start up to success?

For any new start up business there is certainly plenty to take into consideration in terms of financial planning, projections and forecasting.

However, if you are truly equipped with the burning desire to succeed and have the commitment to turn your ideas into action, it can be done!

A great idea is to enlist the help and support of those who are already experts in the areas you are seeking to gain knowledge in.

Every budding entrepreneur can benefit from the guidance and knowledge of a trusted mentor or advisor.

Obtaining advice on how to turn your great idea into a successful and profitable business venture can be truly invaluable. Many of today?s successful entrepreneurs will attest to the fact ? Richard Branson among them.

A good mentor will take time to help you study your idea in detail, bringing their expertise and experience to bear. The opportunity to evaluate your proposals in a constructive and realistic way can provide you with great insights into how best to move forward.

For example, you may be deciding how best to structure your business?

Whether you plan to operate as a sole trader, partnership or limited company, your mentor will be able to point you in the right direction to obtaining the help and advice you need.

You will also benefit from finding out how to complete registration procedures, via Companies House and the Inland Revenue. Each department has its own friendly accessible customer service helpline dedicated to supporting you. So why not approach each organisation directly to find out as much as you can in advance of launching your new start up?

You will no doubt be seeking to establish a good working relationship with your bank, with a view to possibly borrowing funds. If so, do not be afraid to seek help and advice from your local branch Business Manager, who will be able to supply you with useful literature on the subject.

Taking time to prepare your business plan will enable you to gain perspective on how best to roll out your ideas, both logistically and financially.

The two-way process of mentoring allows a relationship between yourself and a more experienced contact that can guide you through taking tough decisions as well as providing insights on how to improve and refine your business ideas.

Who knows? Maybe one day, long after your own start up enterprise has succeeded, you may have the opportunity to share your wealth of skills, experience and expertise with others!

Here at Tidy Design we wish you every success!

Source: http://www.businessnetworkinglink.com/2013/01/support-for-start-ups-in-hampshire/

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