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.
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.
The Sir Thomas White Loan Charity is delighted to announce that a total of £121,283 has been approved in interest-free business and education loans following the latest round of interviews with applicants.
One of Leicestershire’s oldest charities, The Sir Thomas White Loan Charity provides interest-free loans to people aged between 18 and 35 within Leicester, Leicestershire and Rutland. Prospective borrowers may access up to £20,000 in order to establish or develop a business within the county (provided they live in Leicestershire and the business will also be run in the county), or £10,000 to fund postgraduate study anywhere in or out of the United Kingdom – again, provided the applicant has lived in the county for three years or more.
Of the total approved in September 2018, £81,283 will be used to establish five businesses locally, including a fitness and wellbeing studio, courier service and domiciliary care provider.
Meanwhile, a further £40,000 has been approved in the form of education loans, which will aid postgraduate study in the fields of poetry, international relations theory and finance.
Ahead of The Sir Thomas White Loan Charity’s next round of interviews, which take place in November; applications are being welcomed and can be submitted ahead of the next application deadline, which is Monday 1 October.
For more information on business loans, please visit www.stwcharity.co.uk/business-loans or www.stwcharity.co.uk/education-loans for details on education loans.
With an innovative idea, a strong knowledge of the subject matter and the drive to make it happen, Simon Long had everything in place to make his start-up succeed.
With the help of an interest-free business loan from The Sir Thomas White Loan Charity, funding wasn’t a problem either.
However, when his initial business partner’s abrupt departure from the project left him needing to start from scratch, Simon’s passion and determination was put to the test; a test that with perseverance and desire, he passed with flying colours.
Have you ever felt restricted in your job; unable to find fulfilment in what you’re doing despite working within your chosen industry? It’s a common issue that acts as motivation for many to become their own boss, so as to maximise their potential and obtain that all-important job satisfaction.
It’s one of the key reasons many people get in touch with The Sir Thomas White Loan Charity to apply for one of our interest-free business loans of up to £20,000.
Hannah Croft was one of many people unable to feel that her job gave her the satisfaction she hoped for or expected. That was until she created her own job.
The Sir Thomas White Loan Charity is pleased to announce that a total of eight interest-free loans, totalling £77,227, were approved following the Charity’s opening quarterly interviews of 2018.
One of Leicester’s oldest charities, The Sir Thomas White Loan Charity provides people between the ages of 18 and 35 with loans of up to £20,000 to help start or develop business within the county, or £10,000 to aid postgraduate study. All loans are completely interest-free for a nine-year period, with equal monthly repayments commencing three years after the loan is taken out.
A beauty salon that benefited from a Sir Thomas White Loan Charity business loan has been named East Midlands Beauty Salon of the Year, in a prestigious series of awards which recognise the beauty industry within Great Britain.
Sophie Élise Beauty Boutique, located in Melton Mowbray, beat three other finalists to the title. In addition, Sophie Élise was named runner-up in the Salon Retailer of the Year category; a national accolade.
The Sir Thomas White Loan Charity, based in Friars Mill, Leicester, has revealed that a grand total of £185,420 was approved in interest-free business and education loans in the Charity’s final quarter of 2017.
Of that sum, £124,100 is to be used to help 10 entrepreneurs start up or develop businesses within Leicestershire and Rutland, whilst a further £61,320 will be delivered to enable eight students to continue their studies at postgraduate level.
In addition to helping people across Leicestershire and Rutland start a business from scratch, The Sir Thomas White Loan Charity also makes its interest-free business loans available to people wishing to develop their business; something that borrower Hannah Myatt was able to do.
Provided that the business has been running for four years or less and that an applicant meets the other necessary criteria, the Charity’s investment of up to £20,000 is on offer.
Hannah, a dancer and dance teacher, set up her studio – Skytribe – with the help of a small loan, but later found that additional work was required to bring the premises up to the standards she desired – which is where The Sir Thomas White Loan Charity came in.