Running back the years, some of the most successful start-ups began during challenging periods. When the US was hit with a recession in 1953, this was the time when Burger King made their first step. In more recent times, both Airbnb and Uber hit the ground running during the 2008 financial crisis. It’s no secret that austere times bring about opportunities for businesses to emerge and we might witness that in the near future.
In this guide, we want to provide you with key start-up support tips to guide you on your way to start-up success and help you find the right support, at the right time.
What start-up support is available?
There are various different sources of start-up support available across the UK which can make it difficult when deciding what support you truly need.
The Government website has provided a section for small businesses to find the support available to their business including; finance; venture capital schemes; start-up visas and more.
The SME Centre of Excellence has developed a one-stop shop for start-ups to access all business support from one location with the aim of helping these small businesses to start, survive and thrive. You can access a library of free resources today on the SME CofE website including; start-up guides; templates and packages. View our resources here.
Bonus: 5 key questions to ask yourself as a start-up
1. What problem am I solving?
2. What is my unique selling point?
3. What does my ideal customer look like?
4. Do I need a business plan?
5. How am I going to attract more customers to my business?