Posted: Fri 3rd Jan 2020
This seven-minute video will help you work out whether you need a business plan, what to include and whether you should register as a sole trader or limited company.
There's no better time to set targets than January. Whether you're starting a new business or want to grow an existing one, the new year gives you the opportunity to refresh and reset.
Setting targets is a crucial part of keeping your business on track. Many people create ambitious goals at the start of a year only to forget about them as things get busier, so it's important to create goals that can keep you motivated and focused.
Henry Blanchard, lead trainer for the Next Generation campaign for young entrepreneurs, takes you through an actionable and entrepreneurially-focused 20-minute business plan. It focuses on problems, solutions, key metrics and competitive advantages.
Go to step four: [Bootstrap on a budget