Do you Need any Qualifications to Start your Own Business?

The beauty of starting your own business is that you do not need any specific qualifications. What you will need, however, is business acumen, the right attitude and the ability to work long, unsociable hours. If this sounds like you, it could be easier than you think to open your own business.

Whilst you won’t need any specific qualifications, there are certainly some that can help you. Consider taking a business degree or college course if business is something you are interested in. You should also have some experience within your chosen industry and a good knowledge of the market.

If you don’t have all the skills you need yourself, you will need to call on other people to fulfil certain business functions. For example, unless you have an accounting qualification or extensive knowledge of HMRC, you will need to hire a business accountant to help you with your finances.