If you run a start-up business as an entrepreneur, there is a variety of help for start-ups available, and there may be extra support you can access if you come under certain categories. Much of this help takes the form of mentoring and networking - but you should also be able to access targeted advice, support and even apply for loans and grants. This guide will help explain about the sources of funding that might be available to you and where to get help, advice and training.
There are lots of business organisations aimed specifically at women - at both local and national levels. You can find out more about starting a business as a female entrepreneur in our guide on Women in Business. There are a number of schemes that can help that offer advice and support if you are a young entrepreneur.
You can also get specialist support as an entrepreneur if you're over Youth Business Scotland may be able to help with funding, support and advice.
Youth Business Scotland offers financial help to young people living in Scotland aged 18 to 30 those aged 26 to 30 must be unemployed or working less than 16 hours per week. The Shell LiveWIRE website offers discussion forums where young entrepreneurs can share their experiences, and offer solutions to business problems.
It gives you access to a pool of experts with specialised knowledge. The ideas must be submitted by young entrepreneurs aged with new businesses in their first 12 months of trading. Young Enterprise Scotland has several programmes aimed at giving young people an understanding of how business works through running their own businesses.
If you receive benefits and want to set up a new business, it's worth discussing your business plans with a Jobcentre Plus adviser. They will be able to tell you how starting a business will affect your benefits and point you in the direction of practical support.
You may be able to get the New Enterprise Allowance if you're on certain benefits and have a viable business idea. You may be entitled to Working Tax Credits. These are payments to top up the earnings of working people on low incomes, including the self-employed. There are several established business support networks specifically for black, Asian and minority ethnic businesses.
This support includes:. Jobcentre Plus provides help and assistance with training and finding work, such as self-employment.
Starting a new business in the competitive business world is an exhilarating experience, but it is also risky. You need to deal with an endless. Here are 6 key tips to help you and other Canadian entrepreneurs interested in starting a new business.
Their advisers can help you with support specifically for disabled people. The Disabled Entrepreneurs Network DEN provides information and networking opportunities for self-employed disabled people. If you have a disability and usually work 16 hours or more a week, you may also be able to get extra tax credits. The disability must be one that makes it hard for you to get a job and you must be receiving, or have recently received, a qualifying sickness or disability-related benefit.
The Shaw Trust is a national charity that provides training and work opportunities for people who are disadvantaged in the labour market due to disability, ill health or other social circumstances. It also offers advice on issues relating to benefits, networking opportunities and schemes such as Access to Work. Business Gateway offers events covering all aspects of starting up a business.
Search for start-up events in your area. You can connect with us through the contact form, call us or contact your local Business Gateway office. If you are a woman taking the first steps towards starting a business, accessing the right kinds of support, networks and mentor can help you to make the right decisions confidently.
The equality legislation helps employers understand how to recruit and treat their staff fairly and promotes diversity in the workplace.
Having a diverse workforce means better staff retention, therefore reducing your recruitment costs. Even if you've got the necessary business skills, a talented team and plenty of funding to get started, you'll still need to make sure you're using your time as efficiently as possible. Marty Hu, a Stanford alumnus and co-founder of analytics firm Predictive Edge has some excellent strategies for improving time management in a startup environment. Here are some highlights from his lengthy blog post, which made the rounds on Hacker News this morning. You can read his full post on Predictive Edge's blog.
Think about the big picture. In his post, Hu stresses the importance of building better long-term habits rather than finding short-term fixes, such as getting up earlier in the morning or cutting down the amount of time you spend on Facebook. While these may seem like strategies to help you create a more productive workday, it can also cause you to burn out faster.
Don't waste time doing useless work. This can be an easy mistake to make in a startup culture since there may not be anyone working above you. It may be easy to run with a great idea without thinking it through all the way, or deciding whether it's the most practical goal for your company at this time. Hu cited examples from his own experience co-founding Predictive Edge, saying that his team spent time building features that were never used.
After setting up our corporation, Stripe Atlas has provided continual value to our team through the Stripe Atlas Community. Starting a business. This last point is seldom mentioned by the experts, but is very important in my opinion. You will need to research what licenses and permits apply to your business during the start-up process. What makes a great culture? And finally, keep copies of all invoices received and sent.
Ask yourself, 'Is this the most important thing you should be doing right now? Don't wait on answers from other companies or clients. It can slow you down. There are some instances in which you may be waiting on a specific event or feedback from a client to move your business forward. Hu advises that you put this specific task or project in the background while focusing on other goals.
One of the main advantages of a startup is your ability to run faster than those around you. This advantage is entirely destroyed when you have to slow down your pace because you are depending on other organizations to make progress. Invest your time. Hu's post describes investing time the same way you would invest money.