1. What Is a Startup Grant? A startup grant is a non-repayable sum of money awarded to new businesses to help cover initial expenses such as equipment, premises, marketing, or research. Unlike loans, grants don’t require repayment, making them a…
1. Innovate UK Smart Grants Innovate UK offers competitive Smart Grants for startups working on innovative technology or R&D. Funding is available for: Grants can range up to £500,000 depending on the project and industry. 2. Local Enterprise Partnerships (LEPs)…
1. Government Start Up Loan Scheme The UK Government’s Start Up Loans programme is a flagship funding initiative for new entrepreneurs. It offers unsecured loans of up to £25,000 per founder at a fixed interest rate of 6%, with repayment…
1. What Is Pre-Seed Funding? Pre-seed funding is the earliest stage of startup investment. It helps founders turn ideas into reality by funding initial activities like: This stage often comes before formal revenue or user traction. 2. How Much Can…
1. Executive Summary The executive summary is the snapshot of your business plan. Though it appears first, it’s usually written last. It briefly outlines your business concept, goals, financial highlights, and what you’re asking for (if applying for funding). Include:…
1. What Is a Starting Business Loan? A starting business loan is a financial product designed to provide new businesses or pre-startups with capital to cover initial costs such as equipment, inventory, premises, and marketing. These loans are critical for…
1. Understand What a Trademark Is A trademark legally protects your business name, logo, slogan, or product name. It prevents others from using similar marks that could confuse customers or damage your brand’s reputation. 2. Check Eligibility of Your Business…
1. Choose Your Recruitment Niche Focus on a specific sector to stand out and build expertise. Common niches include: A defined niche helps target the right clients and candidates effectively. 2. Register Your Recruitment Agency Choose a business structure—most agencies…
1. Definition: What Is a Franchise Business? A franchise business is a business model where an individual (the franchisee) purchases the rights to operate a business under the branding, systems, and support of an established company (the franchisor). The franchisee…
1. What Is a Small Business Loan Calculator? A small business loan calculator is an online tool that helps business owners estimate the monthly repayments, total interest, and full cost of a loan. It takes into account the loan amount,…
