{"id":14744,"date":"2018-01-19T15:51:13","date_gmt":"2018-01-19T15:51:13","guid":{"rendered":"https:\/\/www.easyoffices.com\/blog\/?p=14744"},"modified":"2022-01-24T08:03:19","modified_gmt":"2022-01-24T08:03:19","slug":"start-your-business-in-2018","status":"publish","type":"post","link":"https:\/\/www.easyoffices.com\/blog\/startups\/start-your-business-in-2018","title":{"rendered":"Make 2018 The Year You Start Your Own Business"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Thinking of starting up your own business? Most of us have thought about leaving behind the 9-to-5 lifestyle in favour of bringing our long-lived business idea to life &#8211; but in reality, very few of us set the wheels in motion.<\/span><\/p>\n<p><a href=\"https:\/\/www.easyoffices.com\/blog\/wp-content\/uploads\/2018\/01\/Webp.net-resizeimage.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-14746\" src=\"https:\/\/www.easyoffices.com\/blog\/wp-content\/uploads\/2018\/01\/Webp.net-resizeimage.jpg\" alt=\"Two men talking in a modern startup office using a glass wall covered with sticky notes\" width=\"700\" height=\"467\" srcset=\"https:\/\/www.easyoffices.com\/blog\/wp-content\/uploads\/2018\/01\/Webp.net-resizeimage.jpg 700w, https:\/\/www.easyoffices.com\/blog\/wp-content\/uploads\/2018\/01\/Webp.net-resizeimage-507x338.jpg 507w, https:\/\/www.easyoffices.com\/blog\/wp-content\/uploads\/2018\/01\/Webp.net-resizeimage-595xh.jpg 595w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/a><\/p>\n<p><span style=\"font-weight: 400;\">If you&#8217;ve decided 2018 is the year to put your entrepreneurial mettle to the test, here 8 important steps you need to consider:<\/span><\/p>\n<h2><strong>1. Create your own business plan<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">First thing&#8217;s first: It&#8217;s time to take all those inspired ideas and creative concepts that have been swirling around in your head for years and put them down on paper. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Don&#8217;t worry too much about the formalities of a startup business plan to begin with, as it will naturally begin to take shape as you move along. Start by writing down your overall business concept, mission and goals. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Once you have the basics sorted, you should consider:<\/span><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Your strategy and how you will implement it<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Your USP &#8211; &#8216;unique selling proposition&#8217; (what gives you a competitive edge)<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Your target market(s)<\/span><\/li>\n<li style=\"font-weight: 400;\"><b><span style=\"font-weight: 400;\">Your financing needs<\/span><\/b><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2><strong>2. Do your research<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Starting a new business can be stressful and frustrating. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">From finance to industry requirements, it pays to do your research before diving in. The UK Government&#8217;s website has a lot of useful information on <\/span><a href=\"https:\/\/www.gov.uk\/browse\/business\"><span style=\"font-weight: 400;\">setting up and running a business<\/span><\/a><span style=\"font-weight: 400;\">, and there are plenty of industry-specific resources, <\/span><a href=\"https:\/\/www.easyoffices.com\/blog\/3-game-changing-books-for-entrepreneurs\/\"><span style=\"font-weight: 400;\">business books<\/span><\/a><span style=\"font-weight: 400;\"> and free seminars to get involved in. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Arming yourself with as much knowledge as possible will give you the best chance of success in the long run.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><b>3. Size up locations<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">You&#8217;ll want to find a place to call your headquarters, and tracking down the perfect location could take some time. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Think about your goals for an <a href=\"https:\/\/www.easyoffices.com\/blog\/work-environment\/office-space-in-brighton-in-short-supply\">office space<\/a> or brick-and-mortar store. Do you want to be centrally located? Are <\/span><a href=\"https:\/\/www.easyoffices.com\/blog\/6-creative-office-perks-employees\/\"><span style=\"font-weight: 400;\">office perks<\/span><\/a><span style=\"font-weight: 400;\"> important to you? Are you looking for a spot near other startup businesses (like London&#8217;s <\/span><a href=\"https:\/\/www.easyoffices.com\/uk\/london\/old-street-tube-station\"><span style=\"font-weight: 400;\">Old Street offices<\/span><\/a><span style=\"font-weight: 400;\">, AKA Silicon Roundabout)? It&#8217;s all about finding the ideal environment where you&#8217;ll be comfortable and ready to grow.<\/span><b><br \/>\n<\/b><\/p>\n<p>&nbsp;<\/p>\n<h2><b>4. Get to know your tax &amp; licence requirements<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The type of business you setup will determine how you need to register it. If you plan to work for yourself, for example, you&#8217;ll likely need to set up as a sole trader and file a tax return every year. If you want to set up a private limited company, you&#8217;ll need to register with Companies House and register for corporation tax. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Different industries also require different licences, so make sure you understand the requirements for your situation before you start trading.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><strong>&nbsp;5.&nbsp;<\/strong><b>Do some competitor research<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Chances are there will be competitors out there who offer the same or similar services as you plan to.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Take the time to research their business model and marketing strategies online and offline, identify their strengths and weaknesses, and figure out what your business can offer that theirs can&#8217;t, or what your point of difference will be.<\/span><b><\/b><\/p>\n<p>&nbsp;<\/p>\n<h2><b>6. Find mentors<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">If you&#8217;re looking for startup business advice that&#8217;s actually practical, there&#8217;s no better place to get it than from someone who&#8217;s started a successful business of their own. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Reach out to people who can offer real-world insights and helpful suggestions about running a business, and don&#8217;t be afraid to seek out their advice along the way.<\/span><b><\/b><\/p>\n<p>&nbsp;<\/p>\n<h2><b>7. Secure startup funding<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">No matter what type of business you plan on starting, you&#8217;ll need some money to get the ball rolling. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can pitch to and work with an investor (typically in exchange for a percentage of your profits), apply for a bank loan, or even kick off a crowdfunding campaign. <\/span><span style=\"font-weight: 400;\">Just remember that most types of funding will require a solid business plan, so make sure to dot your I&#8217;s and cross your T&#8217;s.<\/span><b><\/b><\/p>\n<p>&nbsp;<\/p>\n<h2>&nbsp;<strong>8.&nbsp;<\/strong><b>Hash out a marketing plan<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Once you&#8217;ve worked out the nitty gritty, it&#8217;s time to create a plan to get your business out there. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Consider your online and offline marketing plan, including setting up a website and forming a social media strategy. Also look at ways you can connect with potential customers or other people in your industry in-person through expos and networking events.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.easyoffices.com\/blog\/wp-content\/uploads\/2018\/01\/Webp.net-resizeimage4.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-14747\" src=\"https:\/\/www.easyoffices.com\/blog\/wp-content\/uploads\/2018\/01\/Webp.net-resizeimage4.jpg\" alt=\"a large desk with document and sticky notes being used by business people for research, planning and organising\" width=\"700\" height=\"467\" srcset=\"https:\/\/www.easyoffices.com\/blog\/wp-content\/uploads\/2018\/01\/Webp.net-resizeimage4.jpg 700w, https:\/\/www.easyoffices.com\/blog\/wp-content\/uploads\/2018\/01\/Webp.net-resizeimage4-507x338.jpg 507w, https:\/\/www.easyoffices.com\/blog\/wp-content\/uploads\/2018\/01\/Webp.net-resizeimage4-595xh.jpg 595w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thinking of starting up your own business? Most of us have thought about leaving behind the 9-to-5 lifestyle in favour of bringing our long-lived business idea to life &#8211; but in reality, very few of us set the wheels in motion. If you&#8217;ve decided 2018 is the year to put &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"ast-button\" href=\"https:\/\/www.easyoffices.com\/blog\/startups\/start-your-business-in-2018\"> <span class=\"screen-reader-text\">Make 2018 The Year You Start Your Own Business<\/span> Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":14746,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[7],"tags":[14,736,3081,3082,3083],"class_list":["post-14744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startups","tag-14","tag-entrepreneur","tag-startup-business","tag-startup-business-advice","tag-startup-business-plan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Make 2018 The Year You Start Your Own Business - EasyOffices Blog UK<\/title>\n<meta name=\"description\" content=\"Thinking about starting your own business? We&#039;ve created a handy guide on everything from creating a business plan to securing startup funding.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.easyoffices.com\/blog\/startups\/start-your-business-in-2018\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Make 2018 The Year You Start Your Own Business - EasyOffices Blog UK\" \/>\n<meta name=\"twitter:description\" content=\"Thinking about starting your own business? We&#039;ve created a handy guide on everything from creating a business plan to securing startup funding.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.easyoffices.com\/blog\/wp-content\/uploads\/2018\/01\/Webp.net-resizeimage.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"bojangacanovic@gmail.com\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.easyoffices.com\/blog\/startups\/start-your-business-in-2018#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.easyoffices.com\/blog\/startups\/start-your-business-in-2018\"},\"author\":{\"name\":\"bojangacanovic@gmail.com\",\"@id\":\"https:\/\/www.easyoffices.com\/blog\/#\/schema\/person\/b8150dfdf15880816643f4da97ecc955\"},\"headline\":\"Make 2018 The Year You Start Your Own Business\",\"datePublished\":\"2018-01-19T15:51:13+00:00\",\"dateModified\":\"2022-01-24T08:03:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.easyoffices.com\/blog\/startups\/start-your-business-in-2018\"},\"wordCount\":721,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.easyoffices.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.easyoffices.com\/blog\/startups\/start-your-business-in-2018#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.easyoffices.com\/blog\/wp-content\/uploads\/2018\/01\/Webp.net-resizeimage.jpg\",\"keywords\":[\"2018\",\"entrepreneur\",\"startup business\",\"startup business advice\",\"startup business plan\"],\"articleSection\":[\"Startups\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.easyoffices.com\/blog\/startups\/start-your-business-in-2018#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.easyoffices.com\/blog\/startups\/start-your-business-in-2018\",\"url\":\"https:\/\/www.easyoffices.com\/blog\/startups\/start-your-business-in-2018\",\"name\":\"Make 2018 The Year You Start Your Own Business - EasyOffices Blog UK\",\"isPartOf\":{\"@id\":\"https:\/\/www.easyoffices.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.easyoffices.com\/blog\/startups\/start-your-business-in-2018#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.easyoffices.com\/blog\/startups\/start-your-business-in-2018#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.easyoffices.com\/blog\/wp-content\/uploads\/2018\/01\/Webp.net-resizeimage.jpg\",\"datePublished\":\"2018-01-19T15:51:13+00:00\",\"dateModified\":\"2022-01-24T08:03:19+00:00\",\"description\":\"Thinking about starting your own business? 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Most of us have thought about leaving behind the 9-to-5 lifestyle in favour of bringing our long-lived business idea to life &#8211; but in reality, very few of us set the wheels in motion. If you&#8217;ve decided 2018 is the year to put &hellip; Make 2018 The Year&hellip;","_links":{"self":[{"href":"https:\/\/www.easyoffices.com\/blog\/wp-json\/wp\/v2\/posts\/14744"}],"collection":[{"href":"https:\/\/www.easyoffices.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.easyoffices.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.easyoffices.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.easyoffices.com\/blog\/wp-json\/wp\/v2\/comments?post=14744"}],"version-history":[{"count":2,"href":"https:\/\/www.easyoffices.com\/blog\/wp-json\/wp\/v2\/posts\/14744\/revisions"}],"predecessor-version":[{"id":16818,"href":"https:\/\/www.easyoffices.com\/blog\/wp-json\/wp\/v2\/posts\/14744\/revisions\/16818"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.easyoffices.com\/blog\/wp-json\/wp\/v2\/media\/14746"}],"wp:attachment":[{"href":"https:\/\/www.easyoffices.com\/blog\/wp-json\/wp\/v2\/media?parent=14744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.easyoffices.com\/blog\/wp-json\/wp\/v2\/categories?post=14744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.easyoffices.com\/blog\/wp-json\/wp\/v2\/tags?post=14744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}