1. Start Up Loans Scheme The UK government’s Start Up Loans scheme offers unsecured personal loans of up to £25,000 with a fixed interest rate and free mentoring for 12 months. This is a great initial funding option for new…
1. Understanding Business Grants Business grants are non-repayable funds provided by governments, nonprofits, or private entities to support entrepreneurs and new businesses. Unlike loans, grants don’t need to be paid back, making them a valuable source of startup capital. 2.…
1. Legal Requirements for Sole Traders In the UK, there’s no legal obligation for sole traders to open a separate business bank account. As a sole trader, your business and personal finances are legally the same entity, unlike limited companies…
1. Small Business Innovation Research (SBIR) Program This U.S. government initiative supports businesses engaged in research and development. SBIR grants fund early-stage innovation across science, tech, and engineering fields, helping small businesses bring new ideas to market. 2. Small Business…
1. Start Up Loans by British Business Bank The UK government-backed Start Up Loans program offers unsecured loans up to £25,000 at a fixed interest rate. Designed for new entrepreneurs, this funding option includes 12 months of free mentoring and…
1. Universal Credit Start-Up Grant For individuals moving from benefits into self-employment, the Universal Credit Start-Up Grant offers a one-time payment to help cover initial business expenses. This grant is ideal for those launching microbusinesses and needing upfront capital for…
1. Excel-Based Cash Flow Templates Microsoft Excel remains the most commonly used platform for creating cash flow statements. Many pre-designed small business cash flow template options are available within Excel, offering customisation and easy integration with other spreadsheets. Templates include…
1. Introduction to USP A USP, or Unique Selling Proposition, is a concise statement that explains why your product or service is different from—and better than—your competitors. It highlights a specific benefit that makes your offer truly unique in the…
1. Start Up Loans from the British Business Bank Start Up Loans are a government-backed initiative offering personal loans of up to £25,000 to individuals looking to start or grow a business in the UK. These loans come with a…
1. Introduction to Business Plan Templates Creating a business plan is a critical first step for any new venture. It helps outline goals, strategies, and the roadmap to success. However, many entrepreneurs find this process intimidating. That’s where sample business…
