Start up Loans
Or started one within the last 2 years ?
You could apply for a Start-Up Loan today.
- Loans available up to £25,000 at just 6% APR?*
- Free mentoring by one of our experts
- Free copy of our ebook “A Guide to Starting and Running a Small Business”
*Must be based in England or Scotland and aged 18 or over. Terms and conditions apply
What is a start-up loan?
DAA Consulting specialise in promoting start up loans in Hertfordshire. A Start-Up Loan is a loan to help you start your own business. The loan is a personal loan given for business purposes. Your loan application will be considered according to the needs of your new business.
Each partner/director can apply, meaning that if there are three directors, your business could benefit from up to £75,000 of funding.
Start up Loans are available to businesses yet to launch or those that have been trading for up to 24 months. Whilst we specialise in start up loans in Hertfordshire, we can help anyone within the UK.
DAA Consulting can help you with your application. Contact us today by clicking here or by calling 01707 527725.
Download a copy of our free ebook:
To consider your needs, you will need a Business Plan:
Many potential start-up entrepreneurs are daunted by the prospect of writing a business plan and preparing a cash flow forecast. However, it is not as difficult a process as it seems. A good business plan can help focus your mind and ideas, and a cash flow forecast is an important way to help you manage your new business and its costs.
We work with SFEDI (Small Firms Enterprise Development Initiative) and promote start up loans in Hertfordshire for budding entrepreneurs.
If you feel you need help writing your business plan, you can talk to one of our Business consultants in Hertfordshire. We can review it, edit it or if you prefer, compile it with you. Our advisor will discuss with you how this works from the outset and help you with the whole start up loans process.
Contact one of our advisors today by clicking here or calling 01707 527725 to find out more about start up loans in Hertfordshire.
Why you need a business plan?
A business plan is a written document that describes your business. It covers objectives, strategies, sales, marketing and financial forecasts and is a requirement of the start up loan application.
A business plan helps you to:
- Clarify your business idea
- Spot potential problems
- Set out your goals
- Measure your progress
- Apply for one of the government start up loans
Your business plan should sum up:
The customer need you’re aiming to meet and how your new business will meet that need while making a profit.
It should clearly show the results of your market research, and that you’re able to explain how you can turn your idea into a viable new business before you invest lots of time and money.
To run your own profitable business that gives you the desired rewards, you will need to know how to successfully run a business.
You will need to consider:
- Your own personality traits – do you have the motivation and self discipline to be an entrepreneur?
- Sales and marketing – where are your markets, how will you reach them?
- Legal requirements
- Finances – initial investment, budgeting, record keeping, and more
- Taxation – PAYE, VAT, your personal taxes
- Company structures – which is best for you?
- Employment laws – minimum wage, contracts, hiring and firing staff
And so much more.
If you would like help with a start up loan for your new business, contact us today by clicking here or calling 01707 527725
Download a copy of our free ebook:
Not sure where to start?
This is where DAA Consulting can help. We can offer a free mentoring service for people thinking of starting out in business especially if applying for one of the government start up loans in Hertfordshire.
Could you benefit from free mentoring?:
Our free mentoring service is designed to help anyone who is thinking of starting out in business. Having a great idea, hobby or interest is just the beginning. There is lots more to consider and our mentors are here to help and could prove the difference between success and failure.
Find out if you qualify for our free mentoring service or contact us for an informal, no obligation discussion to learn more about start up loans in Hertfordshire.
You can Click here to find out more or call 01707 527725
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