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Scavenger - Small business research resource with over 800 reports and guides to help research a business idea or market, write a business plan, and start up a small business.
A Leading Provider of Business Planning Services in the UK.
Free help with raising business funding
An integral part of our business planning service is to identify the most suitable funding whether it be:
- Equity Finance
- Asset Finance
- Invoice finance
- Secured loan finance.
- Small firms loan guarantee finance
- Recovery finance
or, most likely, a combination of these and other variations. The business plan is developed to reflect these decisions.
As a Free of Charge service we can help by identifying and contacting potential sources of funding.
If you already have a business plan, e mail a copy to us with a contact number and one of our consultants will be in touch.
Three simple steps to a succesfull future
- Create and maintain a focused, believable and forward thinking business plan.
- Identify and remove unnecessary costs.
- Produce accurate business management information, and act on it accordingly.
With accurate, plausible management information backed up by a solid business plan, you will:
- Be in a position to identify unnecessary costs.
- Be fully prepared to approach your suppliers and achieve price reductions.
- Know exactly where your company is, and where it’s going well in advance.
Why is planning important ?
The most important weapon in any UK small businesses arsenal is arguably the business plan, but why is business planning so important to the UK small to medium sized business?
Being in possesion of a professional business plan will allow you to:
- Receive funding from banks and other investors at the best possible rates.
- Maximise the chances of your company surviving, (UK businesses without plans are statistically much more likely to fail than those that maintain a plan).
- Set targets and benchmarks for reducing unnecessary costs and drive towards achieving these goals effectively.
Entering the Dragons' Den
If any of you have ever watched the BBC program “Dragon's Den” you may well have noticed a trend.
There are in fact 3 reasons why a potential entrepreneur fails to receive the dragons' investment:
- The product fails to impress.
- The presentation lets them down.
- The product is fantastic, the presentation is professional and confident but, they stumble and fall over when questioned on the facts and figures.
The first two reasons make for excellent TV, but in the real world it is almost exclusively the third reason that investment is refused.
Investors care about one thing and one thing only:
- Will you make them money?
If your business plan and your presentation of your business plan are honest, targeted and believable and through your understanding and grasp of the facts and figure you successfully convince your prospective investors that you will make their investment worthwhile, then the rest is academic.