Introduction
I will think about different individuals and organisations that can help me with setting up business. I will research what they do and which of those I will use for with starting up my own business (wedding planning).
Individuals
- Solicitors/Lawyers
- Accountants
- Teacher
- Mentor
- Parents
- Friends
- Current employer
They are help you to get right legal advice that you may be concerned about. They try to give you the best possible solution but it might be costly. When you decide that you want a legal advice it will help you to avoid crises. You need to choose a solictor first. Then he/she will ask you a lot of different questions regarding to your business to cover the areas such as company structure, business premises, finance, taxes, insurance, cash flow, goods/services, licenses, employment etc.
Accountants
They will help you to layout you business plan and give you advice with funding. They will think about what you have already that could maybe useful to start your business. They will also consider if you are a qualified person to get a loan in order to you business. You business plan is the most important thing that accountant will use to work out if your business will be
Teacher
In early years of education you need to make up your mind and think about what you want to do in the future. Your teachers may help you with this by giving you different advices. When they teach you they get known more about you and your skills and qualities. They can help you to find your first job so you will be more experienced.
Mentor
A mentor is a person who can give an advice in area they have knowledge in. You can have an appointment which such a person. It can be formal on informal. You should ask a lot of questions as their answers will be based on their experience.
Organisations
- Department for B.I.S - Business, Innovation and Skills
- Bank
- Foreign Office (legal advice)
- Local Authority (council)
- C.A.B - Citizen Advice Bureau
- Business Centre
Department for B.I.S
This is a department for economic growth. They invest in skills and and education, promote trade, innovations and help to start and grow a business. They also protect consumers of regulations. They are modernising company law, control defence, improving the health ans safety business, increasing UK's exports etc.
This is a department for economic growth. They invest in skills and and education, promote trade, innovations and help to start and grow a business. They also protect consumers of regulations. They are modernising company law, control defence, improving the health ans safety business, increasing UK's exports etc.
C.A.B - Citizen Advice Bureau
"We help people resolve their legal, money and other problems by providing free, independent and confidential advice, and by influencing policymakers"
CAB advisers can write letters and make phone calls to service providers on their clients' behalf. They can help people prioritise debts and negotiate with creditors. They can also refer clients to specialist case workers, who are able to represent people at court and tribunals.
When starting up my own business I will use both individuals and organisations to get advice.
Firstly I will ask for some help and ideas my family and friends. They may give some idea how to raise money to start up my business.Then I might ask my teachers for help as they are well experienced. I will also ask mentor who have a knowledge in my business area. He or she would give me advice and tell me how to start up a business, what documents I need, how to promote and advertise.
I will also go to the accountant to help me with my business plan and where can get the funding from. Solicitors might cost some money but they will help a lot when starting business such as as company structure, business premises, finance, taxes, insurance, cash flow, goods/services, licenses, employment etc. and it will be worth to go there.
I will also make an appointment to Citizen Advice Bureau to get help how to negotiate with creditors.
"We help people resolve their legal, money and other problems by providing free, independent and confidential advice, and by influencing policymakers"
CAB advisers can write letters and make phone calls to service providers on their clients' behalf. They can help people prioritise debts and negotiate with creditors. They can also refer clients to specialist case workers, who are able to represent people at court and tribunals.
When starting up my own business I will use both individuals and organisations to get advice.
Firstly I will ask for some help and ideas my family and friends. They may give some idea how to raise money to start up my business.Then I might ask my teachers for help as they are well experienced. I will also ask mentor who have a knowledge in my business area. He or she would give me advice and tell me how to start up a business, what documents I need, how to promote and advertise.
I will also go to the accountant to help me with my business plan and where can get the funding from. Solicitors might cost some money but they will help a lot when starting business such as as company structure, business premises, finance, taxes, insurance, cash flow, goods/services, licenses, employment etc. and it will be worth to go there.
I will also make an appointment to Citizen Advice Bureau to get help how to negotiate with creditors.
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