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

LilyKing

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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]  

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Business

Alcohol And Drug Rehab Must Be Covered By Pennsylvania Insurance

LilyKing

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A Pennsylvania Commonwealth Court has ruled that HMOs and class insurance organizations must protect medicine and alcohol treatment fees for plan slots referred to Detox insurance, rehabilitation and outpatient programs by a physician or psychologist. The unanimous decision will help about 15,000 state citizens with private insurance who require support through medicine cleansing and medicine rehabilitation each year.

A 1989 state legislation requires insurance organizations to protect medicine and alcohol cleansing and rehabilitation services. Aetna, Independence Blue Corner, the Insurance Federation of Pennsylvania and different managed-care organizations sued the state’s Insurance Division, expressing that they should be allowed to examine medicine and alcohol treatment referrals to be sure that treatment is appropriate. But the judge sided with the Insurance Department’s model that treatment could be protected so long as a physician or psychologist recommended the alcohol or medicine rehabilitation program.

“It is a really important decision,” claimed Deborah Beck, president of the Medicine and Alcohol Service Providers Business of Pennsylvania. “Some one at the end of an 800 number in another state should not be creating these decisions.”

The insurance market could interest their state Supreme Court and argue that state legislation allows insurers to examine treatment in different health care areas before spending money on care, and that it’s sensible that alcohol and medicine cleansing and medicine rehabilitation programs should really be handled the same way. The insurance industry’s opinions of alcohol and medicine rehabilitation referrals could be conducted by physicians and psychologists, an Insurance Federation of Pennsylvania spokesman claimed, adding that when there isn’t scrutiny around treatment styles, you obtain improved health care costs.

Nevertheless, doctors and psychologists who review instances for the insurance organizations are compensated by the insurance companies. Although this reality wasn’t overtly considered included in the court’s ruling, the very fact stays that testers’choices could tend to like their employers – the HMOs and insurance organizations – as opposed to the fans, whos own treatment specialists have previously decided which they require alcohol and medicine cleansing and medicine rehabilitation programs.

Struggling with HMOs and class insurers around desperately required insurance is nothing a new comer to Americans. The matter has been commonly popularized in several publications and movies that detail by detail the horrors caused by the insurance industry’s penchant to like their main point here ahead of patient health.

According to Beck, slowing the availability of alcohol and medicine rehabilitation by way of a complex approvals method places fans at risk. They could “disappear and die,” she claimed, adding that the judge ruling upholds a “life-saving” law.

Following almost two decades on the publications, the Pennsylvania legislation may possibly ultimately have the chance to accomplish its goals – to get people suffering from material punishment and addictions in to an alcohol or medicine rehabilitation plan as rapidly as possible.

Do you find yourself fighting medicine addiction or alcoholism and require support? Should you you are not alone. An incredible number of Americana enter medicine and alcohol treatment centers every year in order address their addiction problem. Nevertheless, the issue for a lot of fans is that they do not have the money or insurance to fund their treatment. At this point locating free medicine rehabilitation for those who have number insurance is of excellent importance.

The fact of the problem is that medicine rehabilitation treatment performs to simply help people get their lives right back on track after addiction has caused them numerous personal problems. Nevertheless, alcohol and medicine treatment centers are expensive, usually charging more than $10,000 for a 28 time stay. Many fans and alcoholics, after decades of fighting compound dependency, discover that they only do not have the money to fund this necessary service. They then have to show to free medicine rehabilitation possibilities which, happy, may usually be accessible knowing where to look.

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Checklist for Printing Custom Chinese Takeout Boxes

LilyKing

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Chinese cuisine is avidly eaten worldwide with variations of recipes and ingredients. Businesses associated with Chinese food include restaurants, takeaway places, and stalls. Handing over and delivering food to customers requires hygienic and durable packaging. If you have a Chinese takeaway spot, just having scrumptious dishes isn’t enough to get you more sales and customer loyalty. The food that gets picked up and delivered needs to stay warm, fresh and delectable for a long time. It should be easy for the customers to store the boxes. There are a number of factors that need to be considered while getting your custom Chinese takeout boxes printed.

Use Resilient Stock for Chinese Takeout Boxes

The first and foremost factor that should be considered while getting your takeout boxes printed is the quality of material to be used. Don’t go for cheap and light stocks; look out for printing material that is long lasting, durable and hygienic as well. Kraft is widely used for food packaging by manufacturers and suppliers because of its recyclable value. You can have kraftChinese takeout boxes for your products, these don’t have any harmful chemicals as kraft paper is grown on trees and it can be recycled easily.

Prefer Boxes with Handle

While choosing the box style, look out for options that are convenient to carry, store and handle. Any packaging style that is too fancy would make it difficult for the consumers to open up the boxes and eat, think about customer convenience. A box with handle, much like a gable box would be easier for the customers to carry food and eat it with ease. It would be convenient for the delivery team as well to safely transport ordered items that are packaged in boxes with handle.

Details on your Chinese Takeout Packaging

Food packaging ought to have the necessary details to save the customers from the hassle. There should be a list of possible allergens, as many people are allergic to nuts, fish and other ingredients. Make sure that the date of preparation and expiry are also mentioned vividly on the packaging boxes. Don’t miss out essential information like packaging storage instructions on your custom printed Chinese takeout boxes.

Don’t Miss out on your Branding Info

You would want your customers to order from you again. So don’t miss out your contact details like phone, website, app, email and social media information on the packaging. However, make sure that information is shared in fewer words and is printed prominently. The logo and tagline should be visible on a Chinese takeout box even from a distance.

Choose the Right Printer

A likable design for your product boxes and quality stock/finishing depends on the kind of printer you choose. Take your time to compare various printing companies, especially when you intend to pick an online one. Read reviews and have a detailed look at genuine customer testimonials.

The most important elements of the service like printing/shipping time, customer/design support should be gauged thoroughly. Don’t fall for the exaggerated or too good to be true claims of a printing service provider. Talk to a sales representative to know more and better about a company before locking your final option.

Make sure that you choose the services of a credible printer for your Chinese takeout boxes printing.

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The office stationery you have to have in your new start up

LilyKing

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Building a business from scratch is challenging. As such, new business owners often have limited resources in the beginning. You may be having to budget your labour, money, and time to expand the business. You may have to juggle many responsibilities. If you are embarking on a small startup, then for sure, it’s an uphill battle in the beginning.
But it should be exciting too! Now that you have a small business that’s big enough to be positioned in an actual office space, it’s time to shop for stationery, office supplies, furniture and storage solutions. And then it’s time to celebrate!
Office stationery is a necessity when it comes to keeping yourself and your business organised, and your processes running smoothly. Documents also need to be managed through information technology. So get kitted out with these new start-up office management essentials!

Office Stationery

● Desk Supplies

Begin with the real basics of the office. Items such as paper clips, rubbish bins, pens, tape, and highlighters. These items should not be taken for granted. They are considered essential items for a reason! They will help you take notes, keep tidy records, be creative, and organise your systems and your daily business schedule. Having the right office supplies enhances productivity.

● Apps and Software

Irrespective of your device, you’ll need software and a few apps to assist you in managing your new business. Such tasks may include making payments, invoicing clients, scheduling appointments, and maintaining your blog or website. It may also involve monitoring your social media presence. One of these apps is GoCo. For small business owners, human resources may be a terrifying mystery. There’s so much to get right and learn. If you are running your first startup, it may be difficult to devote the personnel that is needed to handle all the office work. GoCo will help you with your office management. It is also a platform to support with your human resources. It helps with time-tracking, document management, and payroll management.

● Printing Supplies
Now that you have the technology you need for your startup, you need the supplies as well. If you have an office printer, then you should keep spare cartridges, toners, and ribbons handy at all time. There’s nothing worse than realising in the middle of a vital print job that you have run out of printer ink. Also, CDs and tapes will come in handy if there is a need to record work.

● Files and Folders

You need files as well as folders on your desk too. You should store documents such as licenses, certificates, sanctions, and others carefully. Files are a vital part of the office supplies. They speak volumes to your customers about how seriously you take and how disciplined you are regarding organisation.

● Writing Tools

You should store plenty of writing tools in your office. These should include pencils, erasers, and rulers. These are the basics. Have adequate supplies of various types of devices used for writing for multiple purposes. If the startup needs you to draw sketches or business plans, have pencils and brushes available too.

● Mailing Supplies

When it comes to distributing emails, invoices, paychecks, and other vital documents, you’ll require something to send it in. You should stock envelopes and postage materials.

● Planning- Time Tracking

The busier you become in the new business, the more vital time management becomes. You may have a calendar on your phone. It may also be synched with the official calendar. But, it’s crucial to view things in relation to other aspects such as the possibility of holding a meeting. That’s why you should purchase a planner and hang it on the wall to track your appointments. Sometimes it’s just vital to see something on paper.
● Rubbish Bins

Your office can’t do without a rubbish can and waste paper bins. Keep one of each next to every work station. You should also keep one near the coffee machine. You’ll also need bags to put the rubbish in.

● Scissors

Cutting tools are a necessity in the office. Scissors, as well as paper cutters come in handy, especially with the inbound letters and parcels. You’ll be amazed by how many pairs of scissors get lost, so have plenty around!

● Office Machinery

Having the right electricals in your small business is essential. Having the wrong equipment may set you back. It may prevent you from reaching your potential. The necessary hardware in your office should encompass computers as well as a proper networking system. They include a photocopier as well as a telephone. Without basic machines, the business may struggle to access better communication channels and reach clients.

● Office Comfort Equipment

It’s important to create an environment in which employees feel comfortable, valued and energised when they are working. This will play a key role in reducing injury, stress, work tensions and lack of motivation. Invest in good, high quality office chairs. To do anything else is a false economy as it will only result in injuries. They should be ergonomic to help reduce neck pain. They can also alleviate back pain. Other methods that can help reduce muscle pain include purchasing wrist rests and footrests. You may also consider buying laptop stands.

Starting up a small business you will need office stationery, supplies, and equipment. Buying items such as printers, fax machines, and computers will be the most significant expense of your startup. But, if you plan well, you’ll be able to control office start up expenditures by purchasing the right items that last a long time. It may also be beneficial to purchase heaters and air conditioners, and don’t forget that other essential… the coffee machine! The right basics can transform your office space into a great success story and a motivating force for your employees and your business.

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