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

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