Starting a Small Business

Starting a Small Business

The Skills Shack
Updated Oct 30, 2019

Starting your own small business is both an exciting and scary time. It is a big step for you and for your supporters, be they, family or friends.

There are many areas you will need to consider including

  • registering the business,
  • accessing premises,
  • purchasing stock,
  • pricing the stock
  • employing staff
  • advertising and promotion and
  • so on and so on.

But before you get too far into the operations of the business it is worth taking the time to reflect and understand why you are starting the business.

Target Audience

Anyone thinking about starting their own business

Learning Objectives

This resource has been developed for anyone with an idea they aim to turn into a small business and provide information to support you through the process of deciding to start your own business. We have included an overview of

  • The Business Plan
  • The Business Model Canvas
  • SWOT Analysis Tool
  • Possible structures for your business
  • Places to go for help.

It is a good idea to think, discuss, test and refine your idea and decisions at every step on the journey.