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Jonathan Elviidge, founder of The Gadget Shop"
"Setting up a new business is a daunting task, 400,000 in the UK do it every year , yet millions more are put off before they ever begin to trade. Once you've done it, it seems actually quite straightforward. But knowing where to start and what to do is impossible, there is a mountain to climb and you are lost at the bottom."
If you are considering starting up in business and you want to avoid one or more of the following.
* Weak financial planning
* Setting sights too high
* Poor or inadequate market research
* Taking your eye off the competition
* Poor supplier and customer controls
* Poor stock and asset management
* Hiring the wrong people
Find yourself a mentor: Having a mentor can be a huge support and can help you see the wood from the trees. First-time entrepreneurs often fail because they don't have a more experienced person from whom they can learn and turn to for advice. We at Business Reaniassance can 'hold your hand' through the start up process.