Going into business by yourself is a risky venture and many that start don’t make it passed the first year, wasting investment. The business world is full of competition, but there is always room for inventive new products that are the solution to a problem, or that use technology to revolutionise society.

Less drastically, it could be that there is a need locally for companies that can offer better service than larger national companies. Whatever your venture entails, this is a step by step guide that will help you get your business off the ground and help you to waste time by avoiding common mistakes.

Motivation and Support

The first thing you need is the passion and desire to work long hours and get through the barriers that people will throw at you. As a CEO, you will carry a lot of responsibility, and to start with you are likely to be the point of contact for most customers. This can be draining and if you are doing well it is likely you will be a victim to your own success. This can be when it is ideal to have a good support network around you, such as family or friends, to remind you of why you are putting yourself through it.

Hire an Accountant

Having the expertise of someone who knows money is very important to your business and many businesses initially make the mistake of trying to keep track of spending, taxes, and income themselves.

There are many ways to save money, or manage it so that you can invest in your company efficiently. For example, an accountant may see that you’re paying too much in business tax and advise you to complete a business rates appeal, which could potentially save your company thousands of pounds if you’re significantly overpaying in tax.

Having someone to stop you from losing money can help relieve stress and although it is a cost it can save you more money as you look to grow. This account for more than just an accountant. Whether it’s your local solicitor, business development advisor or even your commercial property agents in Manchester if applicable – getting things done right the first time will save you money in the long run.

Registering as a business

Before you can start trading, hiring employees, or even renting commercial property, you need to register as a business. Different countries will have different restrictions on how to register, but in the main you will need a residential address in that country and proof that you have the right to work. Next you will need to decide on the type of ownership. If it is just one person who owns, runs, and is liable for the company then this is acting as a sole trader. If there is more than one then it becomes a partnership and different law apply.

Writing a business plan

A business plan is essential for keeping you organised and to improve the chances of you sticking to the goals you set beforehand. It is more than likely that some parts of the plan will need to change but it should give you an outline.

If you require investment or a loan, banks and investors will expect a detailed business plan and you will be expected to stick to it so that they will be guaranteed their loan back or a return on the investment. There is no point in exaggerating the impact of your business as it will cause you issues if you have not reached the lofty heights that you promised.

Intellectual Property Law

The most common application of intellectual property law is through the use of patents, which prohibit other companies from copying a design in a zonal restriction. Patents are important for inventors and business owners, as it allows them to earn money from their creations without someone who can make it cheaper undercutting them.

Another form of Intellectual law is through confidentiality agreements which are often used when working alongside another company on your product. It will stop them from leaking information related to the product legally. Confidentiality agreements are also important when seeking investment.

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With summer coming to a close, you now have around 2 months left to take advantage of the weather and utilise your garden space. If you neglected your outdoor area after last year or if you’ve simply not touched up your space because the weather hasn’t felt like it’s appropriate for outdoor sitting yet, you may need to do some work! You don’t want to miss out on the rare day of sunny skies so it will pay to revamp your garden whilst its cloudy so that you’re ready for when the sun shows its face. With that in mind, take a look below at some of these tips so you know how you can revamp your garden space into a picturesque outdoor retreat!

Switch Up That Structure

If you’re lucky enough to have a big garden or even one that’s long in shape, you may be faced with a tricky way of making it look welcoming, without it seeming bare or boring. The best solution for this is to add some fake dividers into its layout so it creates the image of depth. If you introduce some new sections, – say breaks up of wicker conservatory furniture arrangement, trellis’ or flowers beds - you can design your garden in a way that you can’t see the natural flow of the garden, creating the appearance of a mysterious garden that weaves and winds. This will give you and your guests the impression that your garden is a lot bigger than it actually is.

Snug Spaces

On the flipside of the above, it you don’t have the biggest of places to get inventive with or maybe you have a flat that only offers a small courtyard area – if that applies to you then you need to go for a snug space and more importantly, get vertical! The reason for this is that most small areas have long, vertical walls and this gives you the ability to hang baskets and introduce climbing plants to surround your setting. You can add trellis type walls or plant walls to create a snug enclosed space that not only adds texture to the space but it also gives you a friendly, welcoming space to entertain guests in all day long!

Embrace Hygge

The Danish exterior trend that has stormed the country, Hygge is the concept of creating an indoor living space, outside. With mass amounts of designs and styles available in outdoor furniture sofa sets, you can get some of that traditional rattan furniture and now place it in your garden to create a lounge area in your garden. A trend that is predicted to be introduced to every household over the coming years, you can visit showroom exhibits for execution ideas on how best to use garden furniture in Manchester, London & Birmingham. Complete this concept with some draping materials, accent ornaments, throws and cushions and you can make that amazing, relaxing area that your friends and family can enjoy all day long.

Create a New Colour Theme

If your space is looking a little worse for wear, you need to add a splash of colour. Spruce up the place with some new colours but make sure that you stick to the same shades of colour. This is crucial as it will create a sense of calm, ensuring that your garden looks full of life. A simple but effecting step, by making sure that all your items follow a theme, it can really bring the space together. Try introducing shades of red of orange as these will be sure to inject some life into your garden.

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Any type of industrial machinery will require maintenance to make sure it stays in good working order. It’s key to keep up with this to make sure that your equipment is working safely and efficiently. To avoid costly breakdowns, follow these tips and keep your machinery in its best condition!

Have a Maintenance Schedule

It is inevitable that at some point, one of your machines will have issues. Inspections should regularly be constructed to identify any problems early. By checking your traction battery and wiring looms regularly, it will ensure that yourself, your workers and also the product itself all stay safe. In the long run, it will also save you a lot of money as you want to avoid pricey repairs, and if an issue develops without your knowledge it can get far more serious. So, set dates and times to assess your machinery and save yourself money and time in the long run - new forklift batteries are a lot cheaper than being forced to lose a day's worth of work!

Allow Extra Time for Repairs

As prepared as you try to be, sometimes you just can’t avoid breakdowns. So, within your schedule, it would be advisable to set aside a certain amount of time and money to cover any issues. This will make sure any work will still be completed on track, so by planning contingency time you’re covered from all directions. Getting insurance for your machinery would also be a good idea.

Lubricate Regularly and Keep Machinery Clean

Some components, especially moving parts within the machinery, will require frequent lubrication to avoid any friction. Contamination within machinery can also lead to breakdowns. Another bonus is that lubricant prevents corrosion. Maintaining all of the seals and replacing any necessary filters will all help to prevent contamination and therefore prevent undue breakdowns.

Make Sure Staff Are Properly Trained

If machinery isn’t used, stored or cleaned properly, it is very likely more issues will occur. Make sure that each of your staff who will come into contact with the machinery are fully trained in using it, and are wearing the appropriate safety equipment. This will protect both the user and the machine from any damage.

Use the Right Tools for the Job

When matching your equipment to the exact task it’s mean to do, it can take a good while and lots of careful planning. You have lots of elements to consider, so it’s important to make sure that the purpose you have bought the machine for is parallel to its actual purpose. If it is your machinery, it is likely that you will be held responsible for your crew’s safety as they are operating heavy and potentially dangerous machinery, you have to be precise and you can’t simply guess.

Each time before you actually use your equipment, double check that all machinery is intact before using. When replacing old parts, you have to keep in mind how many products there are in the market and how they all serve a different purpose, so remember this and do your research to ensure you will have the correct quality and size.

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When the UK made the decision to leave the EU, the country was thrown into a state of panic. No one had anticipated the Brexit camp would be successful, not least those fronting the Brexit campaign. A year on and we’re still none the wiser about what the UK will look like outside of the EU. Any attempts to answer questions, quell fears or offer reassurance that someone at the top knows what is going on have simply thrown up more questions. In late November, Theresa May, the recently appointed Prime Minister told the Sunday Times "Brexit keeps me awake at night”. Yes, you and the 16 million other people who voted to ‘Bremain’.

Our only choice may be to walk into this blindly and fight the fights as they arise, but what exactly does this mean for things like employment law? Despite reassurances from May that Brexit won’t mean scrapping all laws and starting from scratch, this hasn’t stopped vocal Conservative MPs for telling firms to draw up a list of rules and regulations they’d like to reject or reform post-Brexit. Michael Gove and John Whittingdale encouraged the CBI business group that companies should start thinking about laws they could do without.

On the face of it, it sounds terrifying. It evokes visions of businesses abolishing workers rights overnight while the Brexit voters look on like turkeys voting for Christmas. But what exactly is there to abolish? Many of the key laws and protections that workers are worried about actually predate our membership in the EU, and the UK versions of many laws are some of the most generous in Europe.

The UK’s maternity leave and pay laws predate the EU, and are some of the most generous in the world. It’s also hard to imagine how we could abolish discrimination rights. Instead, what is more likely is that a cap could be introduced to discrimination compensation, as there already is for unfair dismissal compensation. It’s difficult to see large companies being able to draft bulk settlement agreements in anticipation of Brexit, but without clear answers all we can do is speculate.

Commentary cropping up around the topic is somewhat bipolar, with employment lawyers in Manchester calling on sceptics to be sensible, because of course it wouldn’t make sense for the UK to simply scrap these laws. On the other side, the sceptics are understandably antsy about the state of affairs. Without clear answers, all we can do is speculate and fear the worst case scenario.

Let’s not forget, however, that all of this could prove fruitless if the Supreme Court rules now that article 50 has been triggered. All that we've seen from this so far is more uncertainty that Britain may stay in a state of limbo, endlessly tussling between leave and remain.

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