- Banks - high street banks all offer business banking services and free advice to new business start-ups. Some even offer free banking for the first twelve months and free access to accountants and solicitors and free business software and business plan advice.
- Chamber of commerce - These are local organisations made up of local businesses of all sizes and all types that link up to make a national network of support for local business
- Shell Livewire - Provides help and support and a business start up kit for anyone wishing to start up a business. This initiative is sponsored by Shell.
- Princess Trust - this is a charitable organisation which provides support for unemployed people between the age of 18-30 years in setting up their own businesses. Advise from business experts as well as grants and low interest rate loans and long term contact with a business mentor.
- National Federation of Enterprise - Agencies set up to provide help and advice across the country. They work with Regional Development agencies to help start new business and create jobs
- Accountants - These people give support and advice with regard to setting up a business, registering for VAT and paying taxes. Initial advice is often free.
- Business Mentors - This is a person with business knowledge who can help and guide start up businesses on a voluntary basis
- UKIPO.htm - The UK intellectual Property Office will advise on designs, trademarks, patents and copyright.
- Solicitors - Solicitors will help on legal matters such as setting up a private limited company (LTD) or drawing up franchise and partnership agreements
- Matched funding - When the business is expected to put in the same amount of money as a grant e.g. for every £1 of grant the business must invest £1 so that the business is half funded by both.
Friday, 13 December 2013
Sources of advice and guidance
Key term test 10/10 Sources of advice and guidance