Where to get Mentoring, Help & Advice for your business
If you have any questions regarding setting up a business, that we've not covered on our site, please don't hesitate to contact us via our contact us page or email us at - info@yourmoneysite.co.uk.
Setting up a business is a very scary, uncertain and exciting venture! If you need support along the way then there are services that are happy to support and guide you for FREE!
They not only hold your hand throughout the whole funding process, they help and advise you with all information needed for the after process.
This is a government funded loan with free mentoring support for all.
The Start up loans company have supported over 40,000 business and given out over £250 million worth in loan funding to date.
The Start up loans company provide you with a mentor, at first contact, so you can rest assured you are in good hands from the get go.
From your initial idea, through to your business plan, financial forecast and funding application, the Start up loans company check everything, as so to make sure you get the help, funding and support needed to take your idea to a reality.
Is an online hub where startup companies can find mentors with experience and a wealth of knowledge at their disposal. Each mentor charges a fee and is highly experienced in their chosen field, which might be exactly what you need if the free services have not helped.
The Government funded 'Get Mentoring project' have trained over 15,000 mentors who have committed to giving one hour of their time once a month for 2 years for entrepreneurs who need them. You can locate them on Mentorsme.
Most initial services are free with paid services offered also. Check out the mentoring spotlight to see recent case studies.
The Institute of Enterprise and Entrepreneurs
This is a network of over 30,000 business owners who can connect on this database. The network offers training and qualifications for entrepreneurs, students, professionals, and organisations.
Things to look out for -
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It is advised to find a mentor as early as you can if you choose a business path that you have no experience in.
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Having a business plan is great but without the proper guidance or support from a professional that has already walked the path, you may find you waist money and take longer to complete certain milestones because of your lack of experience.
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Ask your mentor everything, don't be shy! They have been where you are and are not there to judge. Even if you think the question is silly, ask what you need to ask to get the job completed.
The Government have very useful advice for sole traders and limited companies. They advise on everything from registering your business to becoming and employer and paying tax and hr info.