Connect with us

Business

Best way to raise £100,000 to invest in your start up business

LilyKing

Published

on

Raising £100,000 may seem like a daunting task, and you may be wondering where to start, and can it even be done?

 

Well, we’re glad you asked. Yes, you can. To be able to raise 100,000 pounds, all you need is to know is where to look and who to ask. This article will help you with both of those.

 

When you have come up with a start-up business idea and have no capital, you should never give up on your idea. There are plenty of actions you can immediately take to enable you to come up with the capital you require for your idea to come to life.

There are plenty of entrepreneurs in the world who are extremely smart and industrious but failed when it came to getting the start up finance they needed to fund their business plans. These ideas, unfortunately, may die without ever coming to fruition.

You do not have to be like them. By following these tips, you stand a much better chance of being able to raise the money you need to start your business;

Get a bank loan

Most banks are actually quite willing to fund a start-up business by issuing what they call start-up loans.

You must, however, have a solid business plan, and the plan should be structured very well and it must convey things such as profits projections, modus operandi – the way in which you will do the business – and the amount of time by which you are anticipating you will get a full return on your investment.

 

Crowdfunding

This is the process of raising funds online. You do not even need to be tech savvy to be able to use this method. Here is how you crowdfund;

Pre-launch: Prepare a pre-launch campaign with information about your business, and come up with ways in which you will engage people. This should include the social media platforms you shall use for the campaign.

Find a target audience: The key is to identify the right people and recruit them as ambassadors for you. Word of mouth will help you initially to spread the word about your campaign in a budget-friendly and reliable way. If you are able to grasp an audience even before the launch of the campaign, you will have a greater advantage.  You can use platforms such as Twitter, Facebook, Instagram, etc., to advertise and get the word out there.

Use Facebook ads: With over 2 billion Facebook users, this is the best platform to market your campaign. Let your ads target a specific audience and ensure to get the maximum number of sign-ups. The beauty of Facebook is that it allows you to target your audience using demographics, gender, age, location, etc., which makes it a great platform for advertising.

Create a newsletter: Statistics show that newsletters are still the no.1 most effective method of getting people to take action. Come up with a newsletter to alert the public or let them know what you are about to do. This will enlighten them on your upcoming campaign and can also be the source of initial sign-ups.  Use any method possible to let the public know.  Nothing is outdated.

Nurture your subscribers:  Once you have your initial subscribers, nurture them into ambassadors. Send them several emails before launching the campaign, and ensure your story is presented and your position valued by each one of them. Go a step further and connect with each of them on a personal level so they understand your story more intimately.

Seek an angel investor

Angel investors are people with plenty of money who are basically willing to invest in new business ideas. This is what you see in the popular TV show Dragon’s Den.

What you need to do is prepare a business plan, and visit the investor with a clear analysis of what you need, how you are going to achieve your goals and the length of time you need to make enough money in order to pay them back.

If your idea is good enough, you may just end up with an investor, but, bear in mind that they will sometimes want to have a share of your company in return for their investment, or they may even decide to buy it outright from you.

Get a loan from a Microfinance Institution:

This is yet another option you have in your hands. The beauty of a microfinance institution is that it offers a much lower interest rate compared to the banks. You may, however, need to become a member of the institution first, and even save some amount of money with them before they will trust you with a loan.

 

If you have some cash at hand, this is a good option.

Seek venture capitalists

Venture capital is a type of funding that is available to new and growing businesses. It comes from venture capitalism firms who specialise in funding new and high-risk business ideas. In this process, the firm will offer start-up loans to new firms in exchange for equity.

It is not always easy to find a venture capitalist who is willing to invest in your business idea, because they ideally look for the next big thing, and as such, many entrepreneurs find themselves bending backward in order to showcase their ideas as bigger than it probably is.

This is also a short-term investment, and the capitalist will want a return on their investment as quickly as possible.

Pursue a grant

You can opt to source funding via a grant from the government. Most governments have money set aside to fund new business ideas. Grants are sums of money for investment that do not need to be repaid. If you are lucky enough to win a grant, it is one of the best ways to raise capital for your new idea.

But the process is normally very long, and the competition is extremely high. The number of people trying to win a grant from the government is many, and the pot of money available usually too little to accommodate everyone, and therefore your chances may be extremely limited.

Conclusion

The above are some of the ideas you can employ in order to source for funds to start your new business, and these methods can even help you to come up with more than £100,000 to fund your new business idea.

If one doesn’t work, do not give up, just try the next one, and the next one, and the next one, until you are able to find what you need to start your company. The key to this process is never giving up, because you may not know exactly what you have in your hands until you try.

Hi. I am Muhammad Mubeen. I am SEO Expat and Wordpress Websites Developer &  Blogger. 27 years old. I help entrepreneurs become go-to in their industry. And, I like helping the next one in line. You can follow my journey on my blog, All Note AbleB2B Guru PlanCross ArticleDj Soft WorldFinance PressHufforbesLife Health Press BusinessStrong ArticleThe Top StoriesUS Update ZoneBusiness TodayScience NewsEssay Writing AcademicElite Guide Health If you need any post so you can email me on my this Email: [email protected]  

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Should Agents Staff Up Or Outsource Their Insurance Agency Marketing?

LilyKing

Published

on

Most agencies know they need to enhance their marketing, embark upon an electronic marketing program, embrace social media marketing and update their website. Many of these are very important to the long term success of an agency. To make this happen, agency owners need to find out how and when to spend valuable budget dollars. This invariably contributes to the question of adding staff, wanting to leverage inexperienced internal resources, or outsourcing insurance agency marketing initiatives. Let’s review these three options.

Option 1 – I’ll use a recently graduated family friend: It is a rare occurrence when this choice works out for some agencies, and it’s one of the very most expensive options they are able to select. The fully burdened cost probably will exceed $50,000 per year, and the recent graduate likely “doesn’t know, what they do not know.” These inexperienced resources need to know website development, insurance agency emarketing, social media marketing, and insurance agency search engine optimization. There are 5 different skill sets required for this list, plus the general experience essential to successfully execute these initiatives. So not just does the agency pay the $50K, in addition they buy all of the on the job mistakes, errors in judgment, technical deficiencies, and industry inexperience.

Option 2 – I’ll hire an advertising VP: That is likely an improved solution than option 1, albeit requiring even more budget dollars. An experienced marketing VP (let’s call this person a $100,000+ resource) will bring both knowledge and know-how to the table. Yet even with this particular resource the agency will undoubtedly require specialized skills and tools in the regions of web development, insurance search engine optimization, insurance agency emarketing, graphic design and more. A variation on this theme is to hire a professional marketing manager, perhaps a $75,000 per year resource with a number of the experience and skills noted above.

Option 3 – I’ll outsource my marketing to a skilled marketing firm: There’s a common paradigm called “Good, Fast, Cheap “.In this paradigm, you’re supposed to choose which two of the criteria you need (Good and Fast, Good and Cheap, Fast and Cheap). However in our new internet based world, it’s possible to obtain all three, services and solutions which are good, fast and cost effective https://callcriteria.com/. Agencies can select a skilled insurance agency marketing firm, and get all of the services stated earlier at a lower cost than even Option 1, the inexperienced college graduate.

Small to medium size agents and brokers may find an outsource model the more efficient way to accomplish their marketing goals. Outsourcing can allow these agencies to accomplish sets from website development to social media marketing to insurance agency lead generation, and never having to add costly staff to fuel their needs for continued growth.

For more information on territory exclusive Insurance Agency Marketing Solutions. StartUpSelling, Inc. provides outsourced insurance agency lead generation services focusing in the regions of telemarketing, insurance agency eMarketing, and insurance web marketing. StartUpSelling, Inc. specializes in innovative entrepreneurial marketing, sales and lead gen concepts.

Continue Reading

Business

Fishing the Eleven Point – A Crown Jewel of the Ozark National Scenic Riverways

LilyKing

Published

on

There is no other river such as the Eleven Point. Its wilderness atmosphere, along with blue ribbon trout and smallmouth bass populations get this to one of the true jewels of the Ozarks. The river is located in south-central Missouri, and north central Arkansas. The forty miles of river between the Thomasville, and the Narrows Usage of the river is part of the National Scenic Riverways system. What this means is there’s little if any commercial activity, or private land along the river. This can help keep consitently the habitat, water quality, and beauty at a level unsurpassed in the Midwest.

The Eleven Point begins as a small stream high in the Ozark Mountains. From the headwaters to Thomasville, the river is lightly fished, but can produce very well for smallmouth bass. Almost no body floats this section. Below Thomasville, the river becomes a national river, and fishing becomes better. The region of river between Thomasville and Greer Spring is noted for producing a number of the biggest stream smallmouth anywhere. Trophy regulations help maintain this top notch fishery. Shadow bass (also known as rock bass or goggle-eye) are also abundant, as well as some other species of sunfish.

The river changes dramatically at the mouth of Greer Spring. This massive, cold and very wild spring immediately transform a straightforward going, warm smallmouth stream in to a large river with deep and rushing flows. Such as, it makes the Eleven Point a great trout stream. From the mouth of the spring branch downstream to Turner Mill Access the stream is managed under Blue Ribbon trout regulations. What this means is an 18″ length limit, and artificial lures and flies only. This beautiful and interesting stretch of trout water utilizes both stocking and natural spawning to help keep fish populations up. About 5000 rainbow trout are stocked each year in this five and half mile part of the river. You can access this part the Eleven Point at the Greer Crossing Access at top of the end, and the Turner Mill Access at the reduced end. You can expect 300 to 500 trout per mile. Wading anglers excel wading up, or downstream of those public access areas. Many people float it.

Below the Blue Ribbon trout area, you will see the White Ribbon Area. That is managed a great deal differently. It’s stocked every few weeks from April through September, but you will find trout here all year-long. The White Ribbon area allows four trout to be kept, without length limit, and no bait restrictions. Many people think of this trout water as a put and take area, but there’s only limited truth to this. Fish populations do decrease rather significantly between stockings, especially in the wintertime when no fish are stocked. However, even at times when fish populations are in the very lowest, (which is usually during February or March) trout could be caught, and good catches could be made consistently, knowing how to read the water. The best fishing generally is in June, July, and August when fish populations are really built up https://pursuingoutdoors.com/. About 15,000 rainbow trout are stocked each year in this fourteen mile section of river each year.. Wading and floating access will soon be bought at Turner Mill, Whitten, McDowell Access, and Riverton. The best trout fishing will soon be found between the Turner Mill and McDowell Access, but trout can be found in fair numbers all the way downstream to the Riverton Access, and sometimes even significantly further downstream. Below Riverton, the river transforms back into a smallmouth bass stream, typical of the Ozarks. It’s now a big river, and species such as for example largemouth bass, spotted bass, and even walleye could be found. The river slowly warms, and by the time it reaches the Black River in Arkansas it appears hardly any like top of the section.

The Eleven Point is certainly special. That is one of the greatest rainbow trout streams in the Ozarks, as well as a great smallmouth bass river. It’s however, rather undiscovered. It’s not used nearly so much as nearby streams like the Current River, Buffalo River, or the Black River. Come out and give it a try.

Continue Reading

Business

Natural Home Remedies For Controlling Pest Insects & Bugs

LilyKing

Published

on

When it comes to pest control, you are able to spend a number of money hiring exterminators or buying smelly (and often toxic) sprays and chemicals for your property, but sometimes, you might not need to visit such extremes. There are a large amount of completely natural insect and pest control remedies out there, many of which our ancestors have now been using with great success for countless generations. You’ll be pleased to know that many of these useful items are available in the common household.

Though pest control can make reference to working with pest birds, bugs, and rodents, this short article will concentrate on eliminating insects.

Insect Control in the Garden

Believe it or not, aluminum foil can successfully keep hungry insects and slugs from your vegetable garden. Simply mix strips of aluminum foil in together with your garden mulch to deter bugs and slugs. Additionally, since foil is reflective, it’ll shine light back up on your plants, providing them with a solar boost.

Mothballs are another handy insect control device for the garden. You’ve probably heard about using mothballs in the closet to safeguard your sweaters, but you can even utilize them to kill bugs on potted plants. Simply place the plant in a clear plastic bag (i.e. a washing bag), add a couple of mothballs, and seal the bag for a week. When you take the plant out, it will be bug-free (and moths will stay away for a while too) pestsmartcontrol. Animals also hate the smell of mothballs, in order to toss a couple of into your garden and flowerbed as well, to keep away cats, dogs, and rodents.

Did you know onions are an all natural pesticide as well? Here’s an easy-to-make concoction which will repel insects (and animals too) in your flowers and vegetables: Use a blender to puree 4 onions, 2 cloves of garlic, 2 tablespoons of cayenne pepper, and one quart of water. Put the mixture aside and then dilute 2 tablespoons of soap flakes in 2 gallons of water. Pour most of the contents in your blender, stir it up, and thus giving you an eco-friendly bug spray to utilize in your plants.

Black pepper is another home remedy that works great for pest control in the garden. If insects are harassing your flowers, plants, and vegetables, simply mix pepper with flour and sprinkle it around your plants. Bugs won’t be so wanting to munch.

Lastly, you can make your own personal rock dust to remove insects in the garden.

Insect Control in the House

Dog and cat food, which can be often omitted round the clock, can be quite a temptation to ants and other insects. A simple way to create these six-legged intruders lose interest is to put a border of baking soda around the pet food bowls. Baking soda won’t bother your pets (though they probably won’t be keen on the taste), so it’s no worry for them if they lap a little up using their meal.

Another household item proficient at eliminating insects is vinegar. For example, if your latest visit to the farmers’market brought back fruit flies as well as healthy victuals, then you can make traps for the flies by filling a vintage jar about halfway full with apple cider vinegar. Punch a couple of holes in the top, screw it back on, and the fruit flies will be attracted and trapped.

These are just a several easy ways to utilize simple household items to remove insects. Then when you’re having an issue, don’t be so eager to get a can of chemical-filled bug spray. Look for natural solutions, and you’ll most likely locate them!

TC Thorn writes on do it yourself and natural pest control. See her other articles for more information on eliminating lawn and garden pests.

Continue Reading

Trending

Copyright ©2018. All rights reserved. Mini Paris News