Phone 02476 654321
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5 things to do before starting your own business

  • Attend a start-up workshop:  It’s your chance to access a wealth of useful information, meet people in exactly the same position as you and take your first steps towards creating a whole new network of business contacts.
  • Carry out research:  Research your product or service and also your competition. You should be aware of buying trends and if there is a need for what you are selling.
  • Prepare a business plan:  ‘To fail to plan is to plan to fail.’ It’s a well-known fact that businesses that have written a business plan are more likely to succeed than those that haven’t!
  • Prepare a cash flow forecast:  Although this is, at best, a guestimate of what your sales and expenditure might be, it’s a fantastic way to understand whether you have a financially viable and sustainable business.
  • Find a business mentor:  If you have the opportunity to receive business mentoring, ensure that you use it.  You can tap into a whole knowledge bank of information and your mentor will guide you through to your business start.

Our free start up support and business mentoring is provided by our Start-up Team.  Call us on 02476 654321 or email: startyourbusiness@cw-chamber.co.uk to find out more.

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If you have a question you would like to ask, please use one of the following contact methods below:

Phone 024 7665 4321
Fax 024 7645 0242

Coventry and Warwickshire Chamber of Commerce

Chamber House, Innovation Village

Cheetah Road

Coventry, CV1 2TL

 

Click here to view a map of our location for directions.

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