own business
What kind of funding will I need if I want to own my own business?
Thank you for your question regarding funding needed if you want to start your own business. A small business is a big investment, but the amount of funds needed will depend on what type of business you are opening.
If you don’t have enough available funds to start your business, consider applying for a small business loan or grant. You might consider loans from your local bank or lending institution. The UK Government also offers government grants and loans for new small business start-ups.
You can research available government funds using the Startup Assessment Tool , a convenient tool on the UKStartups.org website. If you have more questions regarding start up funding you can call UKStartups directly at 020 3880 8554.
There are hundreds of government funding schemes available for small business owners in the UK. In fact, our Funding Database currently has over 600 government funding schemes and over 500 private investors available for small business owners and startup entrepreneurs. What are you doing to take advantage of this? Become a member and start your search.
Take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at starting your small business. It just takes 30 seconds and will also tell you if there may be any funding assistance available.
Be sure to look at the hundreds of daily questions and answers we have from entrepreneurs like you who want to learn more about starting a business, creating a business plan, searching for funding. Our small business experts take the time to answer each and every single question, so if you have something on your mind – we can help!
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