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Financing Business

Funding the ideas you have to start or grow your business begins with careful planning.

Once you have written (or refreshed) your business plan and you are confident that you have the right product or service, at the right price, you can produce a sales plan that will lead to a financial forecast. The financial forecast will show if you can set up or grow the business without needing external finance. Information on forecasting can be found here.

If you are looking for a grant to start or grow a business we recommend that you first read the Raising Finance section.

There are currently very few grants available to start or grow a business and even if a grant scheme exists it tends to be a last resort after all other options have been exhausted. Any grants that we know about can be found in the Support Schemes section. If you would like to tell us about a grant scheme or other financial products or services so that they can be displayed on these pages please get in touch via our contact page.

To get an overview of financial tools such as budgeting and cashflow basics, profit and loss accounts and balance sheets, go to the financial planning pages in the Growing your Business section.

Financial Support for Businesses

Do you need to talk to us about financing your business? Call 03454 586 480 or email usinfo@dorsetgrowthhub.co.uk to arrange an appointment on Finance Fridays with Dorset Growth Hub’s finance specialist

A comprehensive guide to finance for your business, whether that is through your bank or through other forms of finance.

Financial Support for Businesses 19KB

National Business Support Tel: 0300 456 3565

The National Business Support Helpline is available for those looking to start a business for the very first time, new start-ups and existing businesses who have a query in relation to government legislation and transactional services. For those that are in need of additional assistance i.e. unable to secure funding; facing a key challenge/with complex needs or at risk of losing business a more personalised and in-depth FREE advice service is also available.

Business Finance – Support Finder

You will find a new Business Finance – Support Finder Tool on the Gov.uk | website. Pre start-ups and existing businesses are now able to search for publicly-backed finance or support schemes at: https://www.gov.uk/business-finance-support-finder

Business Finance – Alternative Sources of Funding

Please click on the link below to access our tool that can help you identify sources of finance for your business from the rapidly expanding Alternative Finance sector. Alternativefundingtool

Download the ICAEW Guide to business finance:- ICAEW Finance guide

GOV.UK Friendly URLS and QR Codes

Quick Links to information on the GOV.UK are available in the attached file.