A breakdown of your strengths and weaknesses
Tips and tools to help you boss it
Your boss-ready rating
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Dreaming of bossing your own business? Take our quiz to see how ready you are to take the plunge. Based on your answers, you’ll get personalised advice tailored to your current mindset, business know-how, and financial situation.
I don't have savings or other income available to fund this idea
I know how much money I need to get up and running, but I don't have it yet
I have savings but I’m not sure how much I’ll need
I know how long I can cover my living expenses without making a profit
Question 1 of 12
Question 2 of 12
I could rely on family and friends
I'm eligible for government grants or loan schemes
I don't know where I could get funds
A lender has approved my business plan
Question 3 of 12
I’ve got a great idea and think it might make some money
I have a detailed plan for my first year with financial goals and strategic objectives
I have financial goals and strategic objectives for year 1 and forecasts for years 2 and 3
I’ve got a great idea and I know my market, pricing and production costs
Question 4 of 12
I value my own time, know how to manage it and always nail tasks on time
I use tools to plan my day, week and month and usually nail tasks on time
I often feel rushed and rarely find the time to boss tasks as I’d like
I often feel busy, but usually manage to nail tasks on time
Question 5 of 12
I haven't thought about it
I've tested a system or software for managing orders
I plan to use a simple spreadsheet
I know there’s software to help me manage orders, but I'm not sure which kind to choose
Question 6 of 12
I know what's required and where to find support if needed
I know the tax and regulatory obligations required by law
I know this is something I need to consider, but I need to do more research
I have no idea where to start or where to find this sort of information
Question 7 of 12
I haven’t thought about it
I know I'll have to give up my time but I'm not sure how much
I have a plan to minimise any sacrifices
I'm ready to accept all necessary sacrifices or risks
Question 8 of 12
I have a clear mission and good habits for motivation, focus and productivity
I believe in my idea but I don’t feel prepared or confident enough
I'm fairly risk averse and tend to think about what could go wrong
I'm optimistic and I believe in my idea
Question 9 of 12
I have the support of friends and family and a good network in my target industry
I'm planning to do this on my own, I have very few people to rely on
My friends and family are behind me all the way
I have strong personal, industry and professional service support networks
Under 18
18 - 24
25 - 34
35 - 44
45 - 54
55 - 64
Prefer not to say
65 and over
Question 10 of 12
Next
Scotland
Northern Ireland
Wales
North East
North West
Yorkshire and the Humber
East Midlands
West Midlands
Greater London
South East
East of England
South West
Other
Question 11 of 12
Property
Professional services
Manufacturing
Hospitality
Health & medical
Hair, beauty & wellness
Food & drink
Finance
Construction
Education
Charity/ non-profit
Arts
Agriculture
Don't know yet!
Transportation
Retail
Technology
ABOUT YOU (these don't contribute to your score)
Question 12 of 12
You’re what we call a Budding Boss. While your answers suggest you're not quite ready to start a business today, you’ve got the most important quality that any founder needs: the desire to go for it. Our guides will help you start learning.
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You’ll have to get to grips with small business finance, and save some start-up capital. Learn more about the money side of business here.
How to start a business with no money
Government grants for small businesses: Grant and loan support to help your business
Funding resources:
Know-how resources:
Before you’re chilling on your superyacht, you need to learn about the less glamorous (but essential) admin side of running a company. Read on.
Mindset resources:
It’s also vital to be honest with yourself: is this what you really want, and are you ready to put the hours in? Here's what you need to be thinking about.
How to write a business plan
A guide on transforming the productivity of your business
7 tips to help you make sure tax isn’t taxing for your business
Hate bookkeeping? These 6 tips will make it pain-free
Directory of resources for small business owners
Entrepreneurs' top tips for starting a business
How to start a side hustle… and make it successful
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Perhaps the biggest barrier to bossing it is stepping out of your comfort zone. Starting a business is a bit of a risk, and you’ll need to adopt an entrepreneurial mindset. Read more.
Running a company also means managing the practical tasks (from your time to your taxes). Get some top tips.
‘Cash flow and forecasting are critical’ – financial advice for entrepreneurs from accountant Sid Moore
How to start a scalable business from day one
Your strengths in finance will help you boss it from the off — you’ll feel less stressed waiting for that first invoice to be paid. But there's always more to learn!
Hey there Number Cruncher! Looking at your answers, it seems like you could be in a strong financial position to smash that start-up. You'll be nailing your own numbers before long!
Sometimes process driven people can over-analyse things! No biggie. That can-do confidence is all in the mindset. Here’s how to own it.
10 tips to help you avoid these common bookkeeping errors
How to spend less time processing paperwork
The ultimate guide to basic business accounting
We reckon you're a spreadsheet whizz, so you’ll be all over that admin! But hey, you’re always keen to ramp up efficiency even more…
You may spot barriers others don’t. But you also have the staying power to smash them. Current finances, for instance, could be a bit of an issue? Learn about start-up costs.
Process Pros are smart, organised, and on it. According to the answers you gave us, you have a head for detail, ace your admin and eat processes and procedures for breakfast. That’s a big head start on your way to bossing it.
Ah, the classic boss-to-be! You’re always spotting opportunities, poring over problem-solving and pinpointing what people want. You also boss those magical qualities that set entrepreneurs apart: passion, vision, and self-belief. Time to turn dreaming into doing?
Click on the tabs to learn more:
Mindset
KNOW-HOW
FUNDING
90%
66%
32%
You’ll also need to dive into the detail of business admin, checking your idea complies with all laws and runs smoothly. Advance your admin know-how now!
Bossing business takes more than just ideas. It also takes a solid financial plan, start-up funds and money management. Get started with some Sage Advice.
You obviously have the ideas and inspiration to launch an awesome business. Want to level it up even further?
ready to be your own boss!
20%
Want to run your own company? The small business pocket guide will help you
Your answers tell us you’re a Keen Machine, with your head screwed on and a plan to make those dreams happen. Diligent, hard-working and with a solid business idea, you've nailed many of the key qualities of a succesful entrepreneur.
You have a good grasp of business admin and own your responsibilities. It won't take long for you to pick up the specifics.
How will you secure the funds and finance skills to press Go on your plans? Your answers tell us that some Sage Advice here could see you sorted. Read on.
Your responses show you know your market and have a smart business idea. Our guides can help turn that passion into profit.
Your answers say all the right things. Confident? Check. Business-savvy? Check. Savvy enough to know there’s always more to learn? Check these out.
Ensure you’re as hot on the little details as the big picture. You’re going to have to stay all over that admin. Getting paid, filing taxes, managing orders — the skills start here for bossing the lot.
Your responses show you know how money works in a business and have a clear picture of your expected costs. Take your plans to the next level with our resources.
Congratulations, you tick all the boxes of a true Visionary — with both the mindset and the means to take a business stratospheric. You were doing blue sky thinking before it had a name. The next Steve Jobs or Karren Brady? Heck yeah!
Your answers show you’re meticulous, razor-sharp and always pushing to be your best self. A perfectionist, no less. You could probably turn your hand to running anything. You just need to figure out what sort of business to boss!
You're diligent, detail-oriented and would be very capable controlling a company, bossing taxes, invoices and timescales. See exactly how it’s done.
You have solid financial foundations, know how to manage your outgoings and could easily plan your way into profit. Our guides will help you hone those skills.
Still figuring out what makes you tick? This is about thinking big, seeking inspiration and trusting your instinct. If that doesn’t come naturally, walk that impressive intellect this way.
Invoice cheat sheet: What you need to include on your invoices
You’re standing on the edge. You look over. Brace yourself. And leap! Based on your answers, you’re ready and set to dive into business. The big question is: what’s stopping you?
You have the admin skills to run your company like a well-oiled machine. Sharpen them even further with these must-reads.
You told us your funds are sorted — you have a solid foundation and a clear idea of how to start turning a profit. Take that talent to the next level with our finance guides.
If you’re taking this quiz, you’re obviously still mulling this one over. All you need is the inspiration to make the leap. And it just might be here.
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