Firstly, gather enough information on the business you want to start. Get information on the business peculiarities, the industry standards, and requirements, the potential for success, etc. This can be found on COBRA. Then write your business plan and/or use a business model canvas to have a clearer view and understanding of your business and the pathway(s) to success.
Then decide on what type of business you want to start and how you want to run it. Either as a sole proprietor, partner, or limited company. This would help you apply for the correct registration, or not if you want to be a sole trader.
For more information or to speak to a professional for some advice and guidance on each step of starting your own business, contact us.