Where does someone look for funding if they are a small business? Business loans are only possible if the company has been in business for some time, but most young businesses are looking to expand and so they need other options to raise business capital.
Government grants are another possibility. However, the process of obtaining funding this way is notoriously difficult. The UK government has claimed that this is a sort to test to see how much they need the funding, but the reality is that it is regulated by EU legislation. On the other hand, the EU itself does not fund anything beyond public sector ventures.
There are also sites that offer local grants to small businesses around the UK, including local councils and large companies such as BT and O2, but the latter are usually competitions. Sites such as Business Zone UK list various business grants and awards available to UK entrepreneurs, but the number of proposals and funding amounts are usually quite limited.
More common options for business funding are Angel Investors and Venture Capitalists, both of which will invest significantly higher amounts in your start-up or small business. However, both Angel Investors and Venture Capitalists will want some control of your business and guarantees of a good return on investment in exchange for their money. But at the same time, they offer the experience which could be that factor which allows your business to succeed in the first place.
Remember, the investor is looking to make money just as you are, and so it will be a venture that both sides enter together as a partnership. This means that anyone who invests in a small business will do everything possible to ensure that they are making a sound investment. They will check your business plans thoroughly, and make sure that they themselves believe in your business idea and future plans.
Finding funding for your small business or start-up can take a long time, but the Angel Investment Network can help you make vital contacts with experienced angel investors who are looking to make an investment.
What started as a small bedroom label has now evolved into a company that caters to both the mad world of music and the ever-changing fashion industry. Our brand can regularly be seen on some of the UK's hottest musicians and most talked celebrities.
We are currently looking for an investor to help us open our own Training Center. With the right investor, we can gain the qualifications needed to run other areas of our company which will return the investment.
To market exclusive restaurant discounts to members, this will generate new and potential long term customers for venues whilst saving money for members, win/win. All income is annual subscription fee paid by the members, 50% cheaper than competition.
I am a new company and I do deal sourcing direct to vendor and deal packaging. I also rent houses long-term from landlords to let to professional clients and provide light refurb if needed, full maintenance and management.