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Some people think that it's impossible to start up a small business nowadays; but it depends what you have to offer. Usually the best thing to offer is a quality product: if you're selling something that someone else needs then it usually isn’t too difficult to make a sale, and so it is altogether possible to get your business off the ground. A more difficult business to get off the ground is a business that provides a service. For example, if you wanted to start a business that relies on you producing an online service, without providing a tangible substance, then you're going to need to prove that your service is a really great service, and is so much better than the competition - this is where most small businesses fail to take off.

If you do provide an exceptional service and you are so much better than the competition, or there is no competition because you are innovative, then there are still problem that you face as a newly created business. First of all, you may have some experience in your field, and be totally competent in your work, but you still may not be able to sell your service because other companies cannot risk getting into business with a new company that doesn’t have a proven track record. This can leave a small business with a catch 22 situation.

There are many hurdles out there to jump, so let's deal instead with where you start the race to be able to gain the momentum that you need to jump those hurdles. Well if you have a great product to sell, or you think there is a market out there for your service then first of all you need to get some capital behind you. There are many places to look for money - the high street banks are usually the best place to look. Barclays small business, for example, provides start up packages and loans, as well as bank accounts - it's best to open a business bank account as soon as possible.

Another thing to think about is the state of the financial market place. If the financial market place is awful at the moment, then it may be better to stay at your day job for another while. The internet is a good place to find out information on current financial trends. Financial comparison websites are a great place to start looking to first of all find out the value of things; average interest rates etc. so that you are prepared when you do enter the financial minefield of the world.

In answer to my question: How hard is it to start up a business in the 21st century? I would say - it is difficult, but if you take your time without diving in, and you have something great or unique to offer then there's every chance that your business can be the next big thing!