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I'm looking to start up my own business...?

I'm looking to start up my own business and i am looking for a bit of advice step by step of what i need to do next. Basically i work for a company where the boss's wife owned her own seperatecompany which was located next door. Unfortunately due to her having 2 children one after the other she was not able to run the business which meant that i had to. I spent 2 years doing my own job and running her business until my boss decided that he needed my full attention on my own job and decided to sell her company. After alot of thought i have decided that i am going to set up my own company exactly as she did. I know all the customers and have a list set up with contact numbers, addresses and e-mails. I also have a list of all the suppliers i know. My next step is to register the company and set up a business bank account. How do i register the company and is setting up a business account free? I do not need do borrow any money as i have my own money to buy stock. I am then going to speak to the handful of suppliers that i used to use basically stating that ive set up my own company and can i set up an account with them and get a few hundred catalogues off each. My next step is to set up a website and get leaflets made which i will send to all my customers on my list. Any suggestions or ideas that anyone could give me? Am i doing anything wrong in my plans?

Public Comments

  1. One thing you maybe should consider is speaking briefly to a solicitor. I am not sure, but you may have breached the law by 'lifting' your potential customer list from the old firm. That may leave you open to a criminal of civil action. I don't know for sure if I am right. I kinda hope not. Anyway, good luck. I hope things work for you.
  2. We provide a business to business database consisting of over 1.5 million businesses if you are interested email chris@regalmarketing.co.uk and we can discuss the details. Thankyou very much
  3. Hi, dont worry for now in the legal site. You should concentrate on acquiring (getting) customer! Here is the step: 1) Writte a business plan: marketing strategy, capital, balance sheet forecast, break even analysis, cashflow analysis, income forecast, start up cost, advert, marketing etc 2) Register business name 3) Business bank Account 4) Marketing : flyers, magazine ad, cold calling, radio ad etc 5) Make the customer coming back This is just briefs but it gives you ideas
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