If you have been considering starting your own business in the UK, now is a great time to do so. You can get rid of your 9–5 job and start doing what you love, making money in the process. Two of the biggest motivations for becoming an entrepreneur are money and the fact that you get to be your own boss. You will have the freedom to run your business as you want to without worrying about what someone else wants from you.

However, starting a business and making it successful can be very difficult to do on your own. That is why you will need to carefully plan how you will grow your business and ensure that you have a plan in place before you begin operations. From marketing to having a tax specialist and hiring an accountant consultation services, you must think everything through to avoid losing money or running into legal problems in the future.

Read on to learn some profitable UK business ideas that you can get started with today.

Home Improvement Services

One of the most popular and profitable businesses idea in the country today is starting a home repair venture. There are many different home repair companies that offer their services to homeowners. The survey shows that the home improvement sector has grown by 4% in the past year and has a market size of £14.5bn, which is anticipated to grow further in the future.

The average UK household spends more than £8,400 per year on renovations, repairs, maintenance work, and other utilities, so it is safe to say that there are plenty of opportunities to make money in this niche. You can start your home repair business by providing services like pressure washing, roof repairs, painting, carpentry, and plumbing. You can also set up a website to advertise your services so that clients can find you easily when they need your services.

Starting a business

Cleaning Services

The cleaning industry in the UK is a rapidly growing market with an estimated market value of over £6.1 billion. This segment of the economy is expected to witness a strong growth rate of about 7.5% in the coming years, making it a great business opportunity for many people looking to start their cleaning businesses. A growing market is always a good sign because it means that there will always be a steady demand for your cleaning services, and you can always make money in this industry.

With an average rate of about £18 to £35 per hour for cleaning jobs, starting your own cleaning company can be a great way to earn a good living. These services are demanded more than 2–3 times per week by most households. You can choose to offer domestic and commercial cleaning services depending on your niche in the market, but any business will be successful as long as you provide high-quality services at affordable prices.

Seniors Living Facilities

The growing population of ageing people in the country has led to an increase in the demand for senior-living facilities such as retirement homes and nursing homes. This is a growing market, and there are many opportunities for those who want to start their own senior living facilities. There are over 11 million people here who are 65 or older. This accounts for more than 18 per cent of the total population. This figure will likely increase in the coming years as more people reach retirement age. Not many of them will be able to hire personal help to take care of their needs, so this presents a great opportunity for those who can run these senior-living facilities.

Affordable facilities are in great demand as more people want to downsize and live in a comfortable environment as they get older. These facilities offer a wide range of services to suit the needs of their residents—including medical care, meals, social activities, and residential accommodation.

Digital Marketing Services

With more and more e-commerce businesses on the market and other businesses turning to digital marketing to stay ahead of the competition, there’s never been a better time to get involved in the digital industry. With so many companies offering SEO services online, deciding how to stand out from the crowd and make your business a success can be hard. You can stand out by offering a personalised, high-quality service that will meet the needs of your clients. This will make them more likely to recommend your services to others, making you more successful in the long run.

Starting a digital marketing business

Your marketing agency can offer SEO, SMM, PPC, web design, creative consultation, and many other types of services and more. The possibilities are endless, so it’s important to choose a path that’s right for you and your business. The digital marketing sector is worth over £25.84 billion and is likely to grow in the future, so it’s a good time to get involved if you want to be part of this huge industry.

Employment and Recruitment Business

An employment agency provides services to employers to help them find new employees. Many businesses outsource their recruitment needs to an agency rather than using their in-house staff. Agencies will often specialise in a particular type of job or a particular region of the country. It saves a lot of time for businesses to outsource this task to a specialised agency that already knows exactly what they’re doing.

You can also offer additional services as part of your recruitment business, such as background checks and training. Setting up your recruitment agency can be a good way to earn additional income by doing something you’re passionate about.

GDPR Compliance Business

The General Data Protection Regulation (GDPR) is a new EU regulation on data protection and privacy for all individuals within the European Union. You can help businesses in the UK that are affected by the GDPR by becoming a certified data protection officer (DPO) for them. They can use your services to become compliant with this law by offering advice on how they can protect their customers’ personal information.

Businesswoman typing

Not only that, but you can offer other international clients in Asia, Canada, and even the US to be GDPR compliant while operating their business in the EU. The demand for qualified DPOs is currently very high, and there is likely to be a huge shortage of qualified candidates in the next few years.

Import/Export Consultant

Since the Brexit referendum, there has been a lot of uncertainty and confusion around the import and export trading markets in the UK and the rest of Europe. Companies are struggling to cope with the complicated customs regulations, and need help navigating the new requirements to continue to trade successfully after Brexit.

By setting up an import-export consultancy business, you can help companies deal with the complexities of the international trade market and make sure they are following the latest customs regulations. Goods imported from the EU must comply with certain standards and tariffs set by the country of import before they are allowed to cross the border. It’s a billion-pound industry, and there are good opportunities for export consultants to work with companies who import and export from the UK.

Storage and Warehousing Business

Companies like Amazon, ASOS, Argos, and Tesco have changed the retail landscape in recent years by giving customers access to products from around the world at the touch of a button. One of the reasons why most small businesses that compete giants like ASOS or Amazon UK fail is because they don’t have easy access to enough storage space for their stock. Space is always at a premium, and small businesses simply don’t have the financial means to afford warehouse facilities of their own.

You can start a business that provides storage services to local small business owners who do not have their own storage facilities. They can store the inventory before the products are shipped to the customers. This will allow them to expand their operations online and compete with major e-commerce companies without compromising product margins.

New entrepreneur doing research

Tips for Starting a Business

Here are some tips that you should take into account before starting a business in the UK:


Before taking the step and investing all of your time, money, and energy into starting a business, it is important to do some research. This will ensure that you have a better understanding of the current market and what consumers are buying. You should also research the competition so that you can make sure your business stands out from the crowd.

Business Mentor

Many entrepreneurs start out on their own without a mentor to help them along the way. A mentor is someone who has knowledge and experience that can help you achieve your goals. They can offer advice and share their knowledge so that you can avoid making mistakes. A mentor can be a valuable resource when you get stuck or need help.

Business professional and mentor

Hiring a Tax Advisor

The tax landscape for startups and entrepreneurs is complex, so it is important to have a good tax advisor who can help you navigate the rules and regulations governing business in the UK. You will want to ensure that all of your expenses and income are properly recorded to minimise your tax liability and maximise your income.

Accountant Consultation Services

Understanding your business and the market is key to any successful endeavour. You need to keep track of the financial data for your business to make informed decisions about how it can grow and succeed. If you have no idea how to get started or which options would be best for you, you may want to consider an accountant consultation in London or Walsall to help you get things started on the right track. An accountant can help you understand your financial picture and how you can take advantage of the various tax incentives that are available to business owners.

Company Secretarial

Your business must comply with the Companies Act Regulations at all times. These include filing important documents such as annual reports and accounts. You could be fined or even face criminal prosecution if you do not comply with these regulations. Hiring a company secretarial service will ensure that your business complies with all regulations and that they stay on top of any changes to the laws that affect your industry. This will help your business to avoid penalties and remain in good standing with the law.

Corporate tax advisor

HMRC Corporation Tax

Your corporation tax is calculated on profits you make from running your business. The rate you pay is based on your profit during the tax year and whether you will pay your taxes as a sole trader, a partnership, or a limited company. Hire a tax specialist to advise you about your options and help you choose the right structure.

Business Planning

You will need to make some important decisions about your business in the early stages of its development. These decisions will have a significant impact on your future success. If you need help making these decisions, you may want to hire a business planning consultant. From financial planning to long-term growth strategies, a business planning consultant can provide valuable insights into the issues you need to consider as you grow your business.

Business planning

If you’re looking for quality accountant consultation services and tax advisors in London and Walsall for your new startup, we can help you!

IBISS & Co is one of the leading accounting firms in the country, with inheritance tax specialists, HMRC corporation tax accountants, accounting and tax consultants, and much more!

Contact us today for more information.

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