Starting a business when you are young

Introduction

Many young people run successful businesses.

Setting up in business and sustaining it, especially in its early stages, is a real challenge. Young people can find it particularly hard to translate business ideas into a working reality. However, with the right approach, guidance and support, young entrepreneurs can succeed.

This guide looks at the first steps of setting up a business, the best business structure to suit you and the rules and regulations you need to be aware of. It also has information about organisations providing support and finance to would-be entrepreneurs under the age of 30.

Subjects covered in this guide

• Introduction
• Do you have what it takes?
• Starting a business
• Considerations for young entrepreneurs
• Planning for success
• Securing finance
• Financial planning and control
• Recruiting staff
• Networking and mentoring
• Here's how I set up a business when I was 23

Print options - What are my print options - Opens in a new window

• Add guide to my print portfolio (print later as PDF)

Email options - What are my email options - Opens in a new window

• Tell a friend about this page
• Send me an email alert when this guide changes