More than 640,000 new businesses are launched each year in the UK and the popularity of starting up continues to grow. But significantly rising costs mean many people will have to try to start their own business with little or no money.
In this first episode of our third series, we get top money-saving start-up tips from Lucy Cohen of Mazuma, leading provider of low-cost, subscription-based accounting services. With a relatively modest budget, aged just 23, Lucy founded Mazuma with Sophie Hughes in 2006. It’s since grown into a multi-award-winning business with almost 30 employees. If you’re strapped for cash but determined to start your own business, don’t miss this tips-packed season-opener.
Show notes
Find links to content related to the topics covered in this episode below.
Limiting costs
Pricing
Making sales
- Essential guide to selling your products or services
- How to overcome buyers’ fears
- Ten ways to approach new customers
Start up business advice and support
- Get help setting up and running a business
- Find advisers in finance, law, HR and intellectual property
- Join the Donut Small Business Collective
About Lucy Cohen
South Wales-based Lucy Cohen started Mazuma with Sophie Hughes back in 2006 when she was aged just 23. Since then, Mazuma has grown into a multi-award-winning business with almost 30 employees.
Lucy and Sophie started Mazuma with a limited budget, and as a trained accounting professional, entrepreneur and small-business owner, Lucy certainly knows a thing or two about watching the pennies and controlling costs. Lucy has also been a volunteer for the Prince’s Trust since 2011 where she mentors start-up businesses.
About our sponsor
Thanks to Dell Technologies for sponsoring series four of the Start Your Own Business podcast.
Dell has what you need to start, scale, and succeed, including end-to-end tech solutions to boost productivity and maximise security so you can focus on innovation.
Our partnership with Dell means you get top products at special prices and a personalised consultation from a dedicated tech adviser who will get to know the goals of your business. Find out more by emailing the Dell for Startup UK representative at [email protected].
What next?
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To get tips, support, and inspiration from other small business owners:
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