SUPPORT

Ready to turn your business dream into reality?

Whether you’re working on your business plan or need a little extra guidance, we’ve partnered with some amazing organisations to help you get there.

Each of the organisations below is offering at least one FREE one-on-one session to help you get started – no strings attached!

Reach out using the contact details below to book your session. Let’s get your business dreams off the ground!

All-round support

All-round support

Accountancy firms & support

Creating your business plan

Starting a business? Then you’re about to create the document that will shape your entrepreneurial journey – your business plan! Think of it as your business’s roadmap, guiding you from start to success. It’s a written blueprint that outlines your vision and lays out a solid game plan for action.

At The Sir Thomas White Loan Charity, we want to see your awesome business plan alongside your completed application form. But please note, we only accept plans in our official template, which you’ll get as part of your application pack.

Not sure what to include? No worries! Many people struggle to put their genius ideas on paper. So, to help you out, here are six quick tips to make writing your business plan a breeze!

STEP 1: Describe Your Business
Generate a mission statement for your business and accompany it with a company overview. What are your company’s core values and how will they be incorporated into the service/products provided to customers or clients?
STEP 2: Products & Services
State the exact nature of products/services that your company will be providing; also identifying ways in which your business is different from that of your potential competitors. Finish by defining the benefits of using your company and explain who your target markets are and why they should go to you.
STEP 3: Marketing/Sales
Set a value on your product or services and provide detail of your customer profile. From there, evaluate what you can afford and simply what you MUST do to promote your business. How will it attract and maintain your customers/clients?
STEP 4: Forecasts
Produce a SWOT analysis. SWOT is the strengths, weaknesses, opportunities and threats you believe to be integral to your business’ market. Simply put, these are your best and worst-case scenarios.
STEP 5: Management Team
Outline your team, their job descriptions and responsibilities – even if you’re initially a one-man band. Recognise you (and your team’s if relevant) strengths and weaknesses, and identify the areas that may require additional recruitment or outsourcing.
STEP 6: Financials
This may include a personal financial statement, a break-even analysis and a 12-month profit and loss projection. Not only is this important for us at the Charity in considering your application; it is also helpful in allowing you to develop a strategy in using the funds already available to you.

USEFUL LINKS

You can access help and advice on your business idea from a number of different agencies. Here are some you might find useful:

www.gov.uk/browse/business – a national website with a wide range of information

www.llep.org.uk – a local partnership with information on advice and support in Leicester and Leicestershire

www.emc-dnl.co.uk – the chamber of commerce

www.lboro.ac.uk/studententerprise -Loughborough University Student and Graduate Enterprise

www.fsb.org.uk/regions/east-midlands – Federation of Small Businesses; East Midlands

Please note: The Sir Thomas White Loan Charity does not endorse the content of any of these websites.

If you are resident in Northampton and are looking for support with your education, please contact the Sir Thomas White’s Northampton Charity at:

info@stwcharitynorthampton.org.uk
www.stwcharitynorthampton.org.uk
Telephone: 01604 233233
Elgin House, Billing Road, Northampton NN1 5AU

If you are resident in Warwick and are looking for support with your education or business start up, please contact The Charity of Sir Thomas White, Warwick at:

connect@sirthomaswhite.org.uk
www.sirthomaswhite.org.uk
01926 350555
12 High Street, Warwick, Warwickshire, CV34 4AP