Appendix A : FAQ's
Q: I've done a self-assessment and I don't have the skills for business?
A: Anyone can run a business, maybe look at modifying your business or even choose a different one.
Q: I want to buy a business, and I can't the get finances?
A: Build a plan and demonstrate you can repay, second you could look closely at starting your own business in the same market.
Q: I've can't find any information on my market?
A: Information is always available, you can even approach your future competition you will be surprised; most will be willing to assist.
Q: I cannot decide on what is the best structure for my business?
A: you can always start as a sole trader and as your business grows change the structure at a later date. Always get legal advice.
Q: I am having difficulty choosing a name for my business?
A: Search online or use the Jaxxy tool (Appendix B)
Q: I can get a premises for my business from a friend or relative very cheap and no contract, what should I do?
A: Read carefully chapter 7, also a contract is recommended as it protects you and your friend/relative
Q: My business idea and plan have been rejected by investors what can I do?
A: Review all the chapters in this EBook and check and compare with your plan and make the necessary changes. You could also consider paying for a professional business planning service.