The last year has seen more new businesses starting up than ever before. In fact, over 835,000 new UK businesses were registered in the year to February 2021. With redundancies and furlough, people have had time to put their entrepreneurial spirit into practice and take the plunge into a new venture.
I should know. I was one of them.
Unfortunately, it is also the case that many new businesses do fail. In fact 20% of new businesses will fail in the first year and up to 60% in the first three years.
So it is important to make sure you start off on the right course and the best way to do that is to have a clearly defined marketing plan to help you achieve your goals.
So, my request this week is simple. I’m looking for anyone you know who has started a new business in the last year. I will happily have a chat with them to find out more about their business and then get back to them with my proposal of how they can best achieve their goals.
And not be one of the 60%.
