Tuesday 1 May 2012

7: Financial Contingency

Financial Constingencvy involves my organisation MusaMobiles to raise more finance both internally and externally

The internal sources of finance will include the following,

I will accumulate £10,000 from my own personal savings to invest into the organisation
I will also raise £5,000 from friends and family which will help create more source of finance.

The external sources of finance will mainly come from grants and sponsorship schemes which the government have emplaced to assist young entrepreneurs to achieve their business ideas and create them into sucessful companies.

I will apply for a princes trust fund for young people aged 18-30 this will help me achieve the following
 


  • Business skills training
  • Business planning support
  • Start-up loan funding
  • Ongoing support from a volunteer business mentor
  • Access to specialist support, including our free legal helpline supported by DLA Piper
  • And, if you start a business, access to a wide range of free and discounted products and services

    • http://www.princes-trust.org.uk/need_help/enterprise_programme.aspx
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    2 comments:

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    2. simazda21 June 2021 at 01:01

      This is highly informatics, crisp and clear. I think that everything has been described in systematic manner so that reader could get maximum information and learn many things.

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