To set up a business you are going to need start-up money and sufficient funds to sustain you and the business as it becomes established and continues to grow.

You’ll need to consider your personal budget – initially what you need to live on up to the time you think you will start making money, and the business start up costs which will include stock, equipment, loans and bank charges, legal costs, vehicles and premises etc, so you’ll need to carefully calculate your initial capital outlay and your running costs.

At Shaikh & Co we can assist you with the development of a business plan and the formulation of your budgets and income forecasts in preparation for the task of raising money. Of course if you are fortunate enough to have your own money to get started, that is a bonus, otherwise you will need to consider how to raise funds:

There are a number of ways you can raise business finance including family and friends, bank loans, and or overdrafts, loans and grants. Of course there are pros and cons with all of these routes, and we’ll go through them carefully with you so that you are well armed to make appropriate decisions.

For a free initial consultation please contact us