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Everything you need to actually start a business.

47 working tools across the 10 stages of building a company — from deciding whether to start, to working out what it is worth. Every number shows its source and its year.

47
tools
10
stages
14
sources cited
£0
forever
A baker standing among the morning's loaves
BakeryStage 06 · Launch
A ceramicist in her studio
Ceramics studioStage 02 · Model
A florist taking stock on a tablet
Flower shopStage 08 · Scale

Every business that exists was, at some point, somebody sitting down and starting.

Most founders start here

with a hunch, and no idea whether it survives contact with a spreadsheet.

Somewhere in the middle

it stops being an idea and starts being a thing with a price on it.

And then one day

the lights are on, the till is open, and it is simply a business.

Set this up once

Where you are changes the legal form, the funding sources and the filing deadlines. What you sell changes which numbers matter. Tell the toolkit both and every tool adjusts.

The ten stagesThe ten stages

From “should I?” to “what is it worth?”

004 tools

Founder fit

Am I the right person to do this, and am I ready?

Open stage
015 tools

The opportunity

Is there a real problem, a real market, and a real profit in this?

Open stage
024 tools

Model and strategy

How do we make money, and why would anyone pick us?

Open stage
033 tools

Legal structure

Which entity, and what is written down between the owners?

Open stage
044 tools

Plan and pitch

Can a stranger understand this and back it in two minutes?

Open stage
053 tools

Startup capital

How much do I need to open the doors, and where does it come from?

Open stage
0610 tools

Launch and operate

How do I actually get customers and run the place?

Open stage
075 tools

Growth funding

Debt, equity or cash flow, and from whom?

Open stage
085 tools

Scaling up

Is the strategy still working, and can the organisation keep up?

Open stage
094 tools

Exit and harvest

What is this worth, and how do I turn paper into money?

Open stage

Where this comes from

The method

HBR's Entrepreneur's Handbook (Harvard Business Review Press, 2018). Thirteen chapters and four appendices, distilled. It supplies the questions worth asking and the order to ask them in, which has not dated.

The current numbers

Thirteen researched supplements written in September 2026, covering what the book skips entirely, which is sales, marketing, hiring, operations, unit economics and SI, and refreshing what had aged, which is funding, law, product-market fit and exits.

How to read a number here

Every benchmark carries its source and year. Business data ages fast, so a 2026 figure is a starting point for your own measurement, never a target to copy.

Stuck on something specific?

Ask the adviser. It answers only from the handbook and the 2026 research, tells you which source each answer came from, and says so plainly when the research does not cover your question.

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