Business Finance & Funding FAQ’s
What finance is available to me if I haven’t started trading?
What funding can I access if I have been trading for 6 months, 1 year, 2+ years?
What key business documents do I need when applying for trading?
Who should I go to first when looking for a business loan/access to finance?
If I get turned down by high street banks for a business loan is there any alternatives?
How much can I borrow?
Can I get a grant?
Can I get a project funded?
What kind of business activity can I get finance for?
Are there still any covid recovery schemes available?
What is a good interest rate?
If you have any questions about financing your business or would like to discuss your personal circumstances, please contact our expert team today.
Start Following – Inspire-a-doll
How did you originally get the idea for Inspire-a-doll?
What’s the best piece of life or business advice you’ve been given?
What advice would you give to someone with an idea but not a way to realise it?
What’s your opinion on the hustle and girl boss culture?
You’re a mum and a business owner, how do you balance these two super important and demanding jobs?
What leaves you feeling recharged and who are your biggest inspirations?
What’s your favourite part of running your own business?
What’s your least favourite part of running your own business?
What’s your biggest business barrier right now?
Do you think every private company should have a social impact element their business?
What would you like to see change in the doll and toy industry?

Whilst building your business have you made your products more environmentally friendly?
What are your plans for the future of Inspire a doll?
Do I need Insurance for my Small Business?
What is Employer’s Liability insurance?
How much does Employer’s Liability insurance cost?
Will my Employer’s Liability insurance pay out?
Other types of insurance include…
How much does it cost to add business use to my car insurance?
What is Professional Indemnity insurance?
Should I get Professional Indemnity insurance?
What is Public Liability insurance?
Should I get Public Liability insurance?
How much does Public Liability insurance cost?
The 5 Essentials of Branding your Small Business
1. What is a brand and how does it apply to my business?
2. How do I create my brand?
3. How do I brand on a budget?
4. What does my company need to brand?
5. What are and what should be included in brand guidelines?
Questions to Ask Yourself when Writing a Business Plan
1. What should be at the beginning of my business plan?
2. What analysis should I do?
3. Have you thought about the day-to-day running of your business?
IT Equipment for Small Businesses
1. Hardware – Computers, Laptops, Phones.
2. Software
3. Network
4. Accounting System
5. Payroll Software
6. Inventory Control System
7. CRM (Customer Relationship Management)
8. Cloud Working
9. Payment Options for Customers
Online integrations
Card machines at point of sale
In summary …
How to Find a Premises for your Business
1. Make a specification for your ideal premises considering internal and external factors.
2. Should I license, lease or buy my work premises?
3. Where do I look for commercial premises?
Resources for finding the perfect property
How to Lease Equipment for your Business
1. What are the benefits of leasing equipment?
2. What types of finance contracts are there?
3. Do I have to add leased equipment to the balance sheet?
4. What should I look for when leasing equipment for my business?
Employment Types & Contracts
What is an employment contract?
Permanent
Advantages
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Disadvantages
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Dedicated team
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More administrative work
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Easier to plan out future
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Increased liability
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Potentially higher costs if you offer benefits
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Freelance
Advantages
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Disadvantages
|
Cost
|
Lack of understanding your business
|
Usually quick and easy to find
|
Can not invest in freelancers eg. training
|
Knowledgeable with experience
|
Uncertain quality of work
|
Self-employed
Zero hour contract
Advantages
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Disadvantages
|
Easy access to workers when needed
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Zero Hour Workers aren’t always available
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No need to train new people
|
Likely high turnover
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Lower costs than having permanent staff
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