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How to start your own business
If you're not sure what type of business to set up, then get started by checking out the first steps you'll need to do for each business type below.
Plan like a pro
A business plan is where you’ll put your strategies, sales figures and forecasts. It’s what most banks and investors want to see if you’re looking for investment. You could also use it to think about how you’d cope with any business disruption, and plan for whatever the future might hold.
Top picks for start-ups
When you're just starting out, it feels like everything's new and it can be hard to know where to begin. Discover our support, made for businesses like yours.
Inspiration from Royal Bank
A community to support you
You're the greatest asset to your business, and you're not alone. Use our resources to help you develop and thrive.
Support from Royal Bank
You'll need a bank account to get up a running, and depending on your type of business may need additional services or products. See how to get started below.
Royal Bank Business Banking services are available to eligible customers, over 18 who have the right to be self-employed in the UK. Some services have specific eligibility and/or terms and conditions.
Free accounting software
FreeAgent's accounting software is used by over 150,000 small businesses to monitor cash flow, fire off invoices and record expenses.
You can get FreeAgent for free, as long as you retain your Royal Bank business current account. Optional add-ons may be chargeable.
Fee free banking. Charges for unarranged borrowing, Bankline, international payments and any additional services are not part of the free banking offer. At the end of your 2 year free banking period, you’ll start to incur fees for your everyday transactions. We reserve the right to change or withdraw the start up offer without prior notice.