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Volume 5: 5 Important Steps to Take to Start Your Own Business There is a lot of help and support for those who are starting out their own business. However, it can still seem a daunting task and you may find yourself worrying if you have done the right thing. Here are 5 important steps to keep you on the right track when you start your own business‌ 1) Website Having a website is especially important if you are setting up, running your own business and selling a product or service. It does not have to cost a fortune to have a website, you just need a good site with content about the USP, products or services and a Content Management System (CMS). 2) IT Managed Services IT Managed Services involves outsourcing computers, servers, networks and hosting to a third party. This can be a hosting company or a colocation centre. For any one that has a website, you are already outsourcing your hosting which you may not even realize. Once you buy the domain name, build the website, which will be hosted with that company. As your organization grows you may want to upgrade the services with the hosting company such as go from a shared hosting to dedicated one hosting where your content is the only one on that server. 3) Organisation It is important to be organised when running your own business. You need to know how much money is coming in and be aware of your expenses. You need


to account for all your expenses and purchases and make sure you have receipts for everything you buy or every service you pay for. Cash flow is very important and it is essential to make sure that you have payment terms, which meet your financial needs. 4) Motivation You have made the decision to set up on your own and run your business. It is important to keep that motivation going. There may be some days where you may be doubting yourself for taking the plunge and working for yourself. You must remember the reasons why you set up your own business, have a list of objectives for your business and make sure you are achieving them. 5) Contacts This is one of the most important parts of a business. You need to always be in contact with your suppliers or customers. You should attend events in your field to meet potential new customers. You need to network on a regular basis and make sure that you have business cards and flyers printed to give to potential customers. Contact Control Circle on +44 (0)845 459 1111 for more information on our IT infrastructure management solutions


Important Steps to Take to Start Your Own Business