The Founder Playbook · Stage 01

Starting

Idea to first customers. The goal is simple: prove it works before you run out of money.

Admin

📋 Register your business name

Companies House registration takes 24 hours and costs £50. Do it before you start trading — it protects your name, gives you a legal entity for contracts, and is required for SEIS/EIS fundraising.

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Finance

🏦 Open a business bank account

Keep your business and personal finances completely separate from day one. You'll need a business account before taking any revenue or investment — most can be set up online in under an hour.

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Brand

🌐 Get your first website live

You don't need an agency. A landing page that clearly explains what you do and captures email addresses is enough to start. Framer, Webflow or even Notion work fine at this stage.

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Legal

🏛 Get your legal foundations right

Sort your company structure, shareholder agreement, and IP assignment before anything else. Mistakes here are expensive to unwind.

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Funding

💰 Apply for SEIS advance assurance

Get HMRC approval before you raise a penny. It makes your raise dramatically easier — investors get 50% income tax relief and it costs nothing to apply.

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Build

🛠 Get your first product in front of users

Don't build in the dark. Validate fast with real users before writing more code.

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Team

🤝 Find a co-founder

The loneliest mistake is building alone. A co-founder gives you resilience, complementary skills, and someone to hold you accountable.

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Research

🗣 Talk to customers before you build

Building before talking is the most expensive startup mistake. 15 to 20 structured conversations will tell you more than six months of building in the dark.

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Planning

📄 Write a one-page business plan

Not a 40-page homework assignment. A one-page plan forces clarity and you'll need it for bank accounts, grant applications, and early investor conversations.

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Grants

💸 Apply for a grant before you dilute

Non-dilutive money exists and most founders don't look for it. Innovate UK alone distributes hundreds of millions a year to early-stage UK companies.

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Find the right funding programme

Answer five questions and get matched to the investors, accelerators, and grants that fit your stage and sector.

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