BYOB (Be Your Own Boss) Crate

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We've dropped all the knowledge you need to BYOB in 2023 and beyond.

Everything you wanted to know about starting your own business, but were unsure who to ask...

It's all in one place: right here!

SEE BELOW FOR:

  • 21 things to research before starting a business

  • Fighting the fear factor: advice for starting your own business

  • Why should you start a business?

  • What makes a good business idea?

  • Checklist for going self-employed

  • How to run a business outside of business hours

  • 35+ ways to start a business with no money

  • Can you start a side-hustle business on Universal Credit?

  • From side hustle to main hustle (free eBook)

21 things to research before starting a business 

We love and live startup businesses. We know they can be the key to lifelong success and satisfaction. 

But it is important to recognise that three-quarters of startups fail within the first three years, and a third of those fall by the wayside in the first six months. There are key themes in the reasons that businesses don't ultimately succeed, so we've compiled the top 21 things to research before you take the plunge.

Let's run through all 21 here

Fighting the fear factor: advice for starting your own business

Starting out in business can feel daunting at times, but fighting the fear factor is key to getting your business ideas off the ground.

So here's a rundown of five fears often faced by those on the brink of starting out – and some advice from our co-founder, Damian Baetens, on ways to overcome those worries.

FIVE COMMON FEARS AND HOW TO GET PAST THEM

Why should you start a business?

If you really have landed on a great idea that satisfies a market need for a substantial number of customers, you have the potential to really fill a niche and establish a business quickly and effectively.

A brilliant idea is also contagious - something exciting and original will interest other people, so you're more likely to draw in investors and customers.

Let's look at the reasons together

What makes a good business idea?

Had your lightbulb moment? Great! But not all great business ideas turn out to be viable business opportunities.

So how do you know your bright idea will bring you startup success? Unfortunately, there's no official test, but we can help you assess whether a new business idea has what it takes to flourish.

CHECK YOUR IDEA AGAINST THESE QUESTIONS

Checklist for going self-employed 

The number of people choosing to become self-employed has increased at a dramatic rate over the last few years. Are you considering becoming self-employed?

If so, we’ve put together a checklist of things you should do and know in order to be ready for self-employment.

Self-employed checklist

How to run a business outside of business hours

If you’re juggling full or part-time employment with a passion project or side hustle, we’ve been in your shoes. 

There are any number of personal and professional reasons why it might not be possible or practical to run your own business during the hours your customers might typically expect. 

Discover how it's done here

35+ ways to start a business with no money

Whether you want to start a business empire or just earn some extra money on the side, a low-cost home-based business is a great place to start.

We've picked some of the best business ideas that you can start from home, as well as the best small businesses to start during a recession.

FIND AN IDEA TO FIT YOUR CIRCUMSTANCES

Can you start a side-hustle business on Universal Credit?

Quietly making some extra cash has never been a more attractive option. But how do you avoid Universal Credit's “payment blockers”, sanctions, and having to pay money back?

We believe everyone interested in entrepreneurship deserves some help to make it happen, no matter your situation, so we've tried to get to the bottom of HMRC's rules.

GET TO GRIPS WITH WHAT YOU NEED TO DECLARE

From side hustle to main hustle eBook

You don’t have to have a background in business to become a self-employed success.

If you’ve got a bright idea you’re already working on and bags of motivation, we can help you with the rest. If you’ve always wanted to be your own boss, now could be the time – because if not now, when?

Download the e-book

Join our very own Tracey Edmondston as she runs through the 12 TOP TRAITS OF ENTREPRENEURS

SHOWCASE OF SUCCESS

Every one of these stories began where you are now

We have Business Supply Crates that cover lots of different areas. You can check them out by following the link below.

Keep checking back, too, as we are always deploying new business supply crates full of expert guidance and knowledge.

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