How to start a business

From creating a business plan to securing essential funding, here are some expert guides to help you launch your dream business.

Taking the first steps

Not sure where to begin? These guides selected by our experts are a good place to start.

Guide

Starting a business from scratch

Starting your own business can be nerve-wracking, but we're on hand to help. Here's everything you need to consider, from choosing a name to paying tax.

Guide

How to get funding for a business

There are plenty of ways to get funding for a business. The right option for you will depend on the nature of your business and your financial situation.

Guide

Legal requirements for starting a business

Starting a business is exciting, but there are certain legal obligations you need to follow to avoid fines, penalties and even prosecution.

Starting a business isn’t just about having a great idea – it’s about building a solid structure around it. From setting up a business bank account to understanding your legal obligations, getting these early steps right can save you time and money.

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Joe Phelan
Business finance expert

Meet new business owners

Case study

"Progress has definitely been quicker than we anticipated"

Alex Somervell and his business partner, Jonny Pryn, have recently founded a new product that hopes to address a big problem. Ask Silver is a free scam checker that uses AI to highlight whether something is a scam.

Alex shares more about this innovative idea, the importance of business insurance and why he’s keen to partner with UK banks.

Alex Somervell and his business partner Jonny Pryn

Developing business ideas

Shape your idea, sharpen your plan, start your business.
9 simple ways to come up with a great business idea
Nine simple ways to come up with a great business idea
How to get finance for a business
How to get finance for a business
How to turn business ideas into a profitable company
How to turn business ideas into a profitable company

Business planning

Plan smart, start strong – the essentials for setting up your business.
How to write a business plan in 10 simple steps
How to write a business plan in 10 simple steps
How much does it cost to start a business in the UK in 2025?
How much does it cost to start a business in the UK in 2025?
11 common startup business mistakes and how to avoid them
11 common startup business mistakes and how to avoid them

Choosing a business structure

Sole trader or limited company? Here’s what you need to know to choose the right structure.
What is a sole trader?
What is a sole trader?
What is a limited company?
What is a limited company?
What is a business partnership?
What is a business partnership?

Understanding the market

Understanding your customers is key to growing a successful business.
How to identify and reach your target audience
How to identify and reach your target audience
A step-by-step guide to conducting competitor analysis
A step-by-step guide to conducting competitor analysis
How to do market research for a small business
How to do market research for a small business

Organising your finances

Organising your money means fewer surprises and better control.
How to separate your personal and business finances
How to separate your personal and business finances
Build your business credit score in five easy steps
Build your business credit score in five easy steps
Business financial planning explained
Business financial planning explained

Securing funding

Find out how to access funding to turn your business ideas into reality.
How to get funding for a business
How to get funding for a business
How to calculate startup costs for your business idea
How to calculate startup costs for your business idea
10 ways to raise money for your startup business
10 ways to raise money for your startup business

Guides

12 mistakes to avoid when starting a business in 2026

Avoid common pitfalls that could hinder your startup’s success. Learn key strategies to navigate challenges and set your business on the path to growth.

Read More

How much money do you need to start a business in the UK in 2026?

Learn the key expenses to consider when launching a business, from registration fees to equipment costs, and how to budget effectively for success.

Read More

8 practical tips to separate your personal and business finances

Discover how to differentiate your business and personal spending with this handy five-minute guide.

Read More

Meet the content team

  • Decades of experience in the financial sector

  • Regularly featured in the national and regional press

  • Clear and impartial insights to help you make confident financial decisions

The money.co.uk team