Make your business idea work
Research can be the key to unlocking your business success. Find out as much as you can about your future market and competitors – and you’ll be ready to start your business plan.
When researching your business idea, ask yourself these questions:
Is your market growing? Or changing?
How much competition will you face when starting a new business?
Has anyone else already developed your business idea?
How would your business differ from your competitors’?
What do your competitors charge?
- What don’t your competitors do very well?
Many business owners have practical advice to share on how to start a business. It's worth asking local business people about their experiences and taking the time to read a few books by successful entrepreneurs.
You can also get plenty of information on how to start a business from trade and industry publications and your local Enterprise Agency.
Our free Barclays Get Ready for Business seminars can give you the opportunity to get expert advice about making your idea work.
The next step
Once you've researched your business idea, it's time to create a finance plan, and a detailed business plan.
Looking to move your business banking to Barclays?
Find out How to switch bank accounts or call us today on:
0800 515 4621
If you're an existing Barclays customer call us on:
0345 605 23452
1. Lines are open Monday to Friday 8am – 7pm. To maintain a quality service, we may monitor and record phone calls. Call charges
2. Lines are open Monday to Friday 8am – 7pm. To maintain a quality service, we may monitor and record phone calls. Call charges