A guide to starting up a business in Jersey

In this video Rosie Lemprière of Jersey Business discusses things to consider before starting up a business in Jersey

• Viability – Check that the business idea is viable and credible
• Do lots of research and identify who your customer is and how you will find them and how they will find you.
• Make a business plan, this will explain your business opportunity, what products or services you will sell, how they’ll be marketed and sold, which customers you’ll target and what competition you face.
• Work on your financial plan.
• Complete the legalities – Get appropriate licencing and insurances
• Approach Tax & Social Security departments and check the financial implications
• Register for Data Protection
• Network – Talk to other business owners and like minded people, attend Breakfast Clubs and networking groups
• Jersey Business can be your Confidential Sounding Board

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