Sir Thomas White Loan Charity Trustee, Bill Jones, provides an insight into the initial success of a borrower of one of the charity’s interest-free business loans, following his recent visit to see how things are getting on…
One of the things that I believe is so special about The Sir Thomas White Loan Charity is that our support and interest in a borrower’s business idea doesn’t stop when they’re approved for a loan. We genuinely care about the project an applicant has set out and we want them to succeed. That’s why, on an annual basis, us trustees visit our borrowers’ businesses to see how things are progressing.
For me, it’s one of the most rewarding things to experience.
Representatives from Leicester’s The Sir Thomas White Loan Charity visited St John’s College in Oxford in recent weeks, to attend the main Sir Thomas White Charity distribution lunch; an event which sees funds distributed to individual charities under the Sir Thomas White banner.
In itself, St John’s College is a fitting venue for the event. Founded in 1855 by Sir Thomas White himself, the college was originally established as a men’s college – but has been coeducational since 1979.
Anybody that has started their own business will understand the importance of forming a strong business plan.
It’s more than a document; it’s a guide that can help you keep on track when the unexpected happens and one that can be altered at different stages, to ensure you take the unexpected into account moving forward.
That’s why producing – or developing – a business plan is a key part of the application process for anybody wishing to take out an interest-free business loan from The Sir Thomas White Loan Charity.
With the loans we provide being so unique – we want to ensure that the investment provided is to a start-up or young business that has a clear direction, or to a prospective business owner that has done the research and planning to back up their concept. But it goes way beyond us.
A business plan enables YOU to evaluate where you are in terms of starting a business. It allows YOU to be able to see where your strengths and weaknesses are. It enables YOU to be able to set realistic goals.
The Sir Thomas White Loan Charity is pleased to reveal that a total of £114,560 has been approved in interest-free loans in December 2018, which will be used to establish or develop four businesses within the county and allow a further eight individuals the opportunity to study for postgraduate qualifications.
Among the business ventures to benefit from the interest-free loans provided by The Sir Thomas White Loan Charity are a personal trainer, a fashion brand designer and a creative business.
Meanwhile, students successfully accessing an education loan from the Charity will now go on to study in the fields of audio production, law, and training to become an associate physician.
Passion, hard work and determination – three attributes that are unquestionably key to succeeding in any chosen field. However, the measure of those attributes is something that can often go unseen by anybody other than the person embarking on their individual journey.
In the case of Sir Thomas White Loan Charity education loan borrower Denisa Gannon, the level of passion, hard work and unrivalled determination required to succeed arguably exceeds that of others.
Originally from the Czech Republic, Denisa has Roma origins, with Roma an ethnic minority in her home country. Despite having been able to benefit from education not usually afforded to Roma children in the Czech Republic, employment opportunities weren’t available to a Roma single parent and led to Denisa moving to the United Kingdom in 2006.
The Sir Thomas White Loan Charity (STW) hosted its first-ever event for aspiring business owners at Friars Mill on Wednesday 31 October, forming part of the 2018 Leicester Business Festival.
‘Challenges and Triumphs of Business Start-Up’ allowed delegates to hear first-hand accounts of the journey experienced by two young business owners within Leicester, in addition to accessing insightful information regarding business planning, creating a financial forecast and the interest-free financial support available through The Sir Thomas White Loan Charity.
Speaking at the event were business loan borrowers and STW ambassadors, Hannah Myatt – owner of Skytribe Dance Studio, and Lee Tomes, who owns Orange Fox Productions.
Knowledge and experience; two beneficial factors when starting your own business and assets that Shiraz Sidat possessed ahead of establishing his company, Speedel.
A Sameday business critical delivery service, Speedel provides bespoke solutions for its client base on a 24-7, 365-day-a-year basis. With the help of an interest-free loan from The Sir Thomas White Loan Charity, Shiraz was able to get Speedel off the ground and is now keen to share his experiences of starting a business with fellow aspiring entrepreneurs.
The 31-year-old, from North Evington, is to be one of the key speakers at The Sir Thomas White Loan Charity’s forthcoming Leicester Business Festival event, entitled Challenges and Triumphs of Business Start-Up, providing insight into his personal challenges.
In today’s digital age, where so much time is spent online, the importance of a strong, digital presence is key to the success of any business. For many companies, online marketing is placed at the top of the priority list.
That’s part of the reason why, after receiving an interest-free business loan from The Sir Thomas White Loan Charity, Leicester-based digital marketing agency Anuncia has developed into a successful, fast-growing business with an extensive client portfolio.
The specialist PPC (pay-per-click) agency helps businesses to achieve impactful digital marketing results, in addition to ensuring small and mid-sized UK charities benefit from Google’s Ad Grant, as Founder Oscar Ford explains further.
Whilst many will pinpoint achieving a perfect work/life balance as a key reason behind becoming self-employed, there’s another common reason why many look to become their own boss; to do something they’re passionate about for a living.
That was exactly the reason why Léna Walker got in touch with The Sir Thomas White Loan Charity – to allow her the chance to produce something that she has been passionate about since she was a child. Music.
Fast forward four years, and Léna, who performs under the stage name Leyley, has released one album and, having been spotted by an international producer, has recorded new music as part of a group, Kimi’s Paradise.
Join The Sir Thomas White Loan Charity for an event not to be missed for any young or aspiring business owner in Leicestershire.
Forming part of the 2018 Leicester Business Festival, the event – Challenges and Triumphs of Business Start-Up – takes place at Friars Mill from 9.30am on Wednesday 31 October 2018 and is completely FREE OF CHARGE to attend.
The three-hour long event is perfect for those aged between 18 and 34 who want to start, or have recently started, their own business.
Those in attendance will hear first-hand from young businesses who have experienced the challenges and triumphs of starting a business within Leicestershire, making the leap as a young person to become self-employed.