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Moving abroad: making mountains out of mogul-hills
continued from page 2
How did they do it?
How did they do it?
- You need collateral to start any new business, so if you have a home then look into selling it
- Keep some money as a reserve in a UK account, so that you have something to fall back on if things go wrong
- Keep friends and family informed of what you are doing, they can be a great help and act as a UK office base when trying to apply for visas or mortgages etc
- Before you go, pack all your belongings (furniture etc) into storage, take only what you feel you will really need
- Before resigning from your UK job, think about any other relevant courses or qualifications that might help your new venture. Plan to do these between resigning from your job and leaving the country
- Research your market. Are there any other similar ventures already existing in the area? Is the market big enough to support your business? Who are you targeting your business at, and how do you know if they will be as enthusiastic as you are?
- Finally take a deep breath and go for it, good luck!
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Created: 16/08/2004 Updated: 20/07/2006
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