Things to consider when starting a business.
Last year 608,110 businesses were incorporated according to data from Companies House. This is a year-on-year increase of 26,937 on the 581,173 businesses started in 2014.
However, figures from the Office for National Statistics show that 55% of new businesses fail within 5 years.
In order to avoid becoming part of this statistic, it is important to lay the groundwork before starting off on the path of business ownership and management. More…