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young_mum
22-09-2004, 10:39 PM
I would like to hear from anyone out ther in the South Yorkshire area that is interested in being a silent partner in a brilliant business idea.

Anyone interested please reply to this thread and i will give you more details!!

Liz

Jay_Kay
17-11-2004, 12:26 PM
I am curious now.

Please explain.

young_mum
17-11-2004, 12:39 PM
Basically I need someone to put some cash into it. It will work I assure you. I have done all the legwork for it eg, getting peoples views and stuff.

I want to open a parenting centre with a creche attatched. It is such a brilliant idea because of the option of being part of the parenting side or just using the creche facility.

In the parenting centre side there will be activities for the parents to do while the kids are being looked after (for a fee) like guest speakers being invited in, college tutors to give people the incentive to go back to college or work or whatever they choose.

If you want more details please let me know as I dont want to give too much away without serious interest

Liz

swilliams
24-11-2004, 10:58 AM
I'm assuming you are looking for funding to start up the business and expand.

Have you considered the DTI Small Firms Loan Guarantee Scheme?

This Government backed Scheme allows individuals and small businesses (Sole Traders, Partnerships and Ltd Companies) to access finance, totally unsecured, thereby promoting and providing them, the means to start up, expand or alternatively provide relief to an increasing level of financial pressure faced today.

Finance of up to £100,000 (£250,000 for firms operational over two years) is available, backed by a 75% DTI Guarantee.

young_mum
24-11-2004, 02:28 PM
Could you give me a bit more info on how I would apply for this and what they would need from me?

Liz

swilliams
24-11-2004, 02:49 PM
We specialise in procuring government supported loans (totally unsecured for eligible candidates) for Business Start Ups and established SME businesses.(Sole Traders, Partnerships and Ltd Companies).

Funds raised can be applied to a wide range of purposes including:
Business Start Up
Working capital
Additional equipment
Expansion of a business
Building and leasehold improvements
Business finance restructuring
Buying a franchise.

Many of our consultants have over 16 years experience within corporate finance, enabling Business Advice Bureau to provide the expert assistance to ensure each DTI application is successful.

All mandatory documentation required, including a comprehensive tailored business plan and detailed three-year financial forecasts are produced and presented to lenders by expert advisors, at each stage of the application process.

As major players on a nationwide scale, we are well known within the DTI arena and enjoy an excellent relationship with all the major participating banks; ensuring clients receive a professional and prompt service, right through to completion.

Providing that a cash equity injection of approximately 30% of the total funding package is made available, we arrange finance for the remaining 70% (subject to eligibility) via the DTI scheme, subject to the ‘strength’ of the business proposal and sales and cost forecasted assumptions.

Unlike a conventional bank loan, this is totally unsecured, meaning no personal assets are required - so it’s ethical and safe.

As an example. If a client can inject cash equity of circa £10,000 this would trigger an additional £20,000/£25,000 DTI loan available to them - typically within 2 to 3 months. A verbal offer from the bank within circa 3 to 4 weeks.

The typical cost of a Business Plan for a business purchase would be circa £1,500-£5,000 depending on the size of funding and the complexity of the plan concerned. Payment of our fees would be considered as part of the equity required to activate the loan(mentioned above)

I hope the information above is of interest for possible DTI funding for your business. Please don't hesitate to contact me if you have any further queries. My direct line is 01792 224031

Statler
24-11-2004, 03:03 PM
Hi Liz,

You can find out more about the Small Firms Loan Guarantee Scheme on the DTI website:

http://www.dti.gov.uk/sflg/

To make an application, you can contact one of the lenders in the following list:

http://www.dti.gov.uk/sflg/listoflenders.html

young_mum
24-11-2004, 03:08 PM
My main trouble is knowing exactly what to put into a business plan. I know basically what to put into it, but its the whole wording of it all, and specifics. Would i be better seeing someone proffesional?

Statler
24-11-2004, 03:13 PM
Hi Liz,

If you register with Shell LiveWIRE at https://www.shell-livewire.org/cgi-bin/register.pl, you will be able to download a booklet on Writing Your First Business Plan. You will also receive details of your local Shell LiveWIRE Co-ordinator, with whom you can arrange a meeting to discuss your ideas.

Alternatively, you may find it helpful to contact your local business support organisation (Business Link, enterprise agency, etc). Such organisations often run free seminars, workshops and short courses to help people put together their business plans. It may be worth ringing around and finding what is available locally.

The Business Link website also has some useful information about what should be included in a business plan:

http://www.businesslink.gov.uk/bdotg/action/layer?r.l3=1073869162&r.l2=1073859137&r.t=RESOURCES&r.i=1073791230&r.l1=1073858805&r.s=sc&topicId=1073869162

Jay_Kay
24-11-2004, 03:44 PM
Originally posted by young_mum
Basically I need someone to put some cash into it. It will work I assure you. I have done all the legwork for it eg, getting peoples views and stuff.

I want to open a parenting centre with a creche attatched. It is such a brilliant idea because of the option of being part of the parenting side or just using the creche facility.

In the parenting centre side there will be activities for the parents to do while the kids are being looked after (for a fee) like guest speakers being invited in, college tutors to give people the incentive to go back to college or work or whatever they choose.

If you want more details please let me know as I dont want to give too much away without serious interest

Liz

I can understand where you are coming from. Private Day Care seem to be the next big industry.

You mentioned the fact it would primarily be a parenting centre. Would this be aimed at single and/or young mothers as you seem to want to create an incentive to learn or go back to education? Would this be a community intiative?

Sorry for all the questions, but one last one! Where abouts in South Yorkshire are you looking to set up, and have you conducted your market research?

Regards

young_mum
24-11-2004, 03:52 PM
yes yes and yes lol! Basically I want to help people in a situation like mine. I will give regulars the chance to help out, voluntary at first and then into a more permenant role. I want people to feel like this is their centre and can input into the way its run, what they would like to see happen and so on and so forth.

I'm in Doncaster and have passed questionnaires out ammongst people I know, people who I dont and neighbours and such like