Quote:
Originally Posted by garinda
Though everything comes at a price.
It's 'free' to them, but costs the tax payers who fund it.
I'd like to know the long term success rates, for busineses who recieve start up grants.
The other year I mentioned I'd seen a local person on a website, being presented with a cheque, to start up a public relations company. When asked, a relatively short time later, it was apparently no longer trading, sadly.
First rule of business.
Offer people something they want, and if you offer it at a competitive price, you'll be a success.
That applies if you start with nowt, or are given a ten grand start up grant, and 'free' office space above a once thriving market hall.
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the majority go on to be very successful businesses and as i believe it to be there is very little given away in the way of funding and virtually no grants, only loans. the only organisation to do so is the princes trust and to reach the stage of getting any funding you have to have a watertight business plan along with the accreditation of your business mentor and it financial projections are scrutinised by a panel of adjudicators before you even get your business loan which has to be repaid