Many new businesses have problems raising finance to get their ideas off the ground.
There are many traditional sources of finance such as your bank or a business angel. However, these options are not always suitable, particularly if you have never traded before and may not have a credit history.
Not being able to raise finance doesn't mean you have to forget all about starting your own business. There are a number of financing options available when starting up or running a business.
There are also alternative ways of getting started such as 'bootstrapping'. Bootstrapping means that you promote and develop your own business without relying on outside help.
This guide highlights alternative sources of financing for your business and guidance on how to bootstrap successfully.
Free business start-up support
Access free start-up business support from your local council. They will organise one-to-one mentoring sessions with your local business adviser and provide tailored guidance to develop your business plan.
Complete a short enquiry form or call 0800 027 0639 to register for this free advice and guidance.