Helping Business Start-ups

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Get some free tips from recognised business leaders.

View a range of NatWest products designed to help you get the most out of your business.

Every step of the way, we have tools, products and services that can help you and your business develop and grow.

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Read more about firsthand experience in starting up your own business.

1)	Consider if you are ready to start your own business
2)	Think about the finance you will need to get the business started
3)	Conduct your own research to identify if there is sufficient demand for your product/service
4)	Visit a business adviser for business start up advice
5)	Identify which sources of finance you could consider
6)	Decide on the most appropriate legal structure for your business
7)	Decide on your business name
8)	Investigate your health and safety obligations
9)	Identify any trading licences you may require
10)	Identify all the insurance policies you need to protect your business
11)	Set up processes for bookkeeping
12)	Identify the records you will need to keep and set up systems for retaining them
13)	Consider how you plan to advertise your business
14)	Produce a sales forecast
15)	Produce a cash flow forecast
16)	Produce a profit and loss account
17)	Produce a balance sheet
18)	Produce a full business plan
19)	Make sure you have contacted all the relevant organisations before you start trading
20)	Conduct a SWOT analysis of your current position in your market
21)	Set up a business bank account

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