Tips / Advice

“Triple your cost projections. It always costs more than you first budget for and so many things crop up that you could never have accounted for.” – Sophie, Notonthehighstreet.com

“We never chucked large amounts of money into the business. We grew at the same pace as the website which allowed us to gradually learn things and also meant there was no risk involved. Don’t do things outside you means. Grow organically.” – Claire, Truffleshuffle.com

“If you can find a business partner with complementary skills then you’re 90% of the way there.” – Sophie, Notonthehighstreet.com

"Stick to what you know and do it well. By keeping our niche we’ve managed to head off the competition.” – Claire, Truffleshuffle.com

“The good thing about an online business is the web lets you test out business models cheaply. Don’t spend too much when you start out. Start small, see what works and build on that.” Mitesh, Chemist Direct

“Don’t expect to be an online millionaire overnight. Everyone I’ve ever met who expected that to happen has failed or got themselves into debt.” – Pat, Truffleshuffle.com

For more information on setting up an online company visit our Setting up a website channel.