Before you make the leap – 10 tips for start-ups

Hundreds of thousands of new businesses are formed each year. Some will be a great success, but the vast majority will no longer exist in five years time.

So if you are thinking of starting a business, what can you do to increase your chances of success? (more…)

10 tips to consider before starting up a new business

Starting your own business can be very exciting, but the reality is that it can be very tough to get a new business off the ground.

Statistics indicate that out of every 5 businesses started, 4 will close within their first 3 years, so the chances of success are slim. However, if you are passionate about starting and running your own business, you won’t let mere statistics or long-odds get in your way!

If you are thinking about starting up this year, there are things you can do to increase your chances of succeeding. Here are 10 practical tips from the ByteStart team for anyone considering taking the plunge;

How to build a business working just one day a week

When they start their own business, most people have a specific lifestyle in mind. It’s normally based around a significant increase in either the amount of spare time or spare cash they have available. Often it’s an ambitious mixture of both!

And how many business owners actually achieve this? Sadly, very few. Starting a business tends to eat up spare time and money like no other activity!

But it is possible to create a business that will thrive despite you – the business owner – working in it for just one day a week.

5 businesses you can start for £100

You no longer need huge financial backing and an original idea to start your own successful business. In fact, you could start your own business tomorrow – and have made a profit by next week.

For years you may have dreamt of running your own business – but not had the funds or the idea to get started. So how would you react if I said that you could start a profitable business for as little as £100?