Small & medium business

Getting advice

One of the most common feelings when starting a business is uncertainty over whether you’re doing the right thing. And that’s when you’ll need all the help and advice you can get.  If you’re feeling a bit lost about where to get help and advice, then take a look at these resources – some of which are online, and some may be available close to you.

Online resources

Business Link

The government’s support service for businesses, Business Link provides the information and advice you need to start, maintain and grow a business through a network of local operators and online.  The free website provides a wealth of resources on virtually every topic to do with small business, including interactive tools, expert advice, detailed fact sheets and directory content.
www.businesslink.gov.uk
For Scotland, visit:  www.bgateway.com
For Wales, visit: www.businesseye.org.uk
For Northern Ireland, visit: www.investni.com

British Chambers of Commerce

The BCC web site includes lots of help and advice, plus details of how you can contact your local Chamber of Commerce – something which can be a great networking tool for growing businesses.
www.britishchambers.org.uk

The Prince’s Trust

Aimed at young people from 18-30, The Prince’s Trust offers help, advice and support for budding entrepreneurs. The Trust’s Business Programme also provides financial help to new businesses.
www.princes-trust.org.uk

National Federation of Enterprise Agencies

The NFEA can help you find your nearest enterprise agency – government supported bodies local to you who can give advice, support and help to new businesses just starting out.
www.nfea.com

Mentoring

A mentor is an experienced businessperson who gives you help and advice along the way. They can help you decide whether your idea is a good one, as well as advising on appropriate routes to building your business.
There are many commercial companies that offer mentoring services, and for some businesses this may be the right approach. You may also be able to find a mentor through your local Business Link or other local Chamber of Commerce.

Family and friends

Getting your family and friends involved in your business can be a double-edged sword, but don’t forget that they can be a valuable well of help and advice. If you have any relatives who’ve run their own businesses, talk to them and find out what mistakes they made and what advice they’d give. You don’t need to drag them into the office – but having a chat could be a great way to learn a lot.

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