Funding the ideas you have to start or grow your business begins with careful planning.
Once you have written (or refreshed) your business plan and you are confident that you have the right product or service, at the right price, you can produce a sales plan that will lead to a financial forecast. The financial forecast will show if you can set up or grow the business without needing external finance. Information on forecasting can be found here|
This section of the website is designed to give you an overview of the financial side of your business: budgeting and cashflow basics, profit and loss accounts and balance sheets. It shows the various ways that finance can be raised and provides details of current support schemes that you can access.
If you are looking for a grant to start or grow a business we recommend that you first read the Raising Finance| section and the article "There is cash in your business...if you know where to find it|"
There are currently very few grants available to start or grow a business and even if a grant scheme exists it tends to be a last resort after all other options have been exhausted. Any grants that we know about can be found in the Support Schemes| section. If you would like to tell us about a grant scheme or other financial products or services so that they can be displayed on these pages please get in touch via our contact page|.
Financial Support for Businesses
A comprehensive guide to finance for your business whether that be through your bank or through other forms of finance.
Business Link Helpline:
The Business Link Helpline provides business support and advice over the phone when you are unable to access the internet or online business support services. The helpline provides a quick response service to people with simple questions about starting or runninng a business. It also provides a more in depth service for those with more complex enquiries.
Telephone: 0845 600 9006 - Monday to Friday, 9am to 6pm
Business Finance – Support Finder
You will find a new Business Finance – Support Finder Tool on the GOV.UK| website. Pre start ups and existing businesses are now able to search for publicly-backed finance or support schemes at: https://www.gov.uk/business-finance-support-finder|.
Providers of publicly-backed finance or support schemes can also promote their schemes through the new service by contacting our Business Finance – Support Finder Support Team at Knowledge.Bank@be-group.co.uk|
GOV.UK Friendly URLS and QR Codes
Quick Links to information on the GOV.UK are available in the attached file.