Starting a business

Newport City Council's business services team is a great place to start for help in starting your business.

For free, impartial advice email business.services@newport.gov.uk or telephone (01633) 656656

Before setting up your own business consider:

  • Finance

Many new businesses need external finance to help them start up. The business services team can advise on what financial assistance is available including the council’s grants, e.g. start up grants operated in partnership with UK Steel Enterprise.

  • Regulations

Businesses can be subject to a number of regulations such as town planningtrading standardsfood safety or licensing.

If you are not sure which may apply to you, we can help.

  • Tax

HMRC run free workshops on your responsibilities regarding tax

  • Business plan

It is a good idea to write a business plan before starting a business which should lay out what your business will do including key staff, strengths and weaknesses, your market, competition, market research, marketing strategy, investment required and financial forecasts.

Evidence suggests that businesses that do this have a much higher survival rate than those that don’t and it is also helpful in persuading potential investors to finance your business.

  • Book-keeping

You must maintain a record and keep control of the financial side of your business.

The books will be needed for tax returns and to prepare any accounts. Specialist software is available to help book-keeping or you could use an accountant.

  • Property

We hold details of available commercial premises, tell us what size and type of property you are looking for and we will send you details of premises matching your requirements.

  • Business structure

Your new business can be set up as a sole trader, partnership, limited company, plc or social enterprise.

For information on specific help available to social enterprises email us at business.services@newport.gov.uk or telephone (01633) 656656.

Related information

Business Wales has developed a new on-line learning resource for start-ups called the Business Online Support Service (BOSS)