Starting up - common mistakes and how to avoid them

Support provided by Business Gateway

What does this involve?

Preparation is everything when you run a business. Find out why in Business Gateway’s free guide for start-ups on common mistakes and how to avoid them.

With sound planning, you could avoid these 7 common mistakes:

  • poor or inadequate research
  • weak financial planning
  • setting sights too high
  • taking your eye off the competition
  • poor supplier and customer controls
  • hiring the wrong people
  • poor stock and asset management

Am I eligible?

Yes, if you are thinking about starting, or already run, a business in Scotland.

What does this cost?

This is a free and impartial service.

Who is this for?

Any potential start-up or new business based in Scotland.

How long does this take?

Set aside 6 minutes now to avoid some common start-up mistakes later.

Important information

Around 20% of new businesses fail in the first year. Half fail within the first 3 years. Knowing in advance about common – and avoidable – mistakes can give you a better chance of success.

Next steps

Visit the Business Gateway website for more advice on common mistakes and how to avoid them when starting a business.

Support provided by Business Gateway

Help us improve findbusinesssupport.gov.scot

For example, something is incorrect, confusing or not working properly. Try to be as specific as possible. Don't include personal or financial information like your national insurance number or credit card details.