ARE YOU READY?

 

THINKING ABOUT YOUR BUSINESS

Starting a business needs all sorts of skills. Before you start, make sure you have:

 

Motivation

Running you own business requires motivation as no one will make the business work for you. It may not be a 9-5 vocation but may need more time and energy. Do you have what it takes? There are many tests you can take to assess your aptitude:

The Get 2 TEST

The Enterprise Catalyst


Ability

You may need to acquire some new skills. This could be as simple as the right qualifications including the latest certificates to undertake the business e.g. Food Hygiene Certificate.

Make sure you have all the ability to undertake the business or know someone who can help you where your skills are weak. Many of the programmes we offer have mentoring services to ensure you have support.
 

Idea

You may be right at the beginning of the journey and needing to find a business idea that works.

What can you do?

  • Adapt or amend an existing business by putting your twist on it
  • Develop a completely new product or service based on a gap in the market
  • Solve a problem or find a problem that has a potential customer and work in reverse to solve it
  • Buy an existing business model and improve it – franchising is built on this premise
  • Turn a hobby into a business
  • Research on the internet for products and services that you deliver.

We run start up workshops where you can discover your skills and review your business opportunities to ensure they match. You can also access to resources with business ideas that may spark your imagination.
 

Resources

To start, you may need to consider both your own resources in terms of skills and time, as well as the finances and premises at your disposal. A Start Up Loan may be a solution or you could come along to a workshop that encourages you to consider all of your resource requirements.

Start with your own survival budget to see what the business needs to earn to ensure you stay afloat.
 

Funding

PRE-START UP
FUNDING

Property

PROPERTY

Business Advice

BUSINESS ADVICE

Resources

RESOURCES

Events

TRAINING & EVENTS

Commercial Consultancy

COMMERCIAL CONSULTANCY 

 

 

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Business in Focus Limited | Registered Address: Units 14/15, Bocam Park Old Field Road, Pencoed, Bridgend, Mid Glamorgan, Wales, CF35 5LJ |
Company Registration No: 02553654 | Registered in Wales | VAT No: 540 8347 48