One of the obvious changes in business start ups these days is how we actually run the business itself. In the old days, someone would have a brilliant idea for marketing a particular item or scheme. They would get so far in interesting folk down the pub or amongst colleagues in a current job. Having realised the potential as ‘a goer’ for setting up on their own, the business of getting financial backing, office an administration base, marketing advice and of course, if they were savvy, astute accountancy advice would kick in.
Getting the financial backing was always the most complex – formulating a business plan with cost projections and realistic sales figures for the bank was the first hurdle otherwise that much sought after loan was not coming your way! Today, it is possible to start up a business just online without that stage, but beware, getting online business marketing advice is essential to really get going properly.