Easily the biggest question i have faced on the road to self employment is that of money – whether it’s covering childcare costs, or the long term financial viability of my business. It’s in no way simple, and i am no great financial mind. Not at all.

However, having been a single parent on and off for 7 years now, battling the benefits system and ruthless employers has given me the inate frugality required to face the inevitable poverty of a start up period, and the sheer bloody mindedness to make work where there is none of a sustainable nature for people in my situation.

I am applying for funding on the New Enterprise Allowance, and a possible loan to cover my start up costs.

http://www.dwp.gov.uk/adviser/updates/new-enterprise-allowance/

BRAVE offered great free workshops to get me to this point – covering all aspects of developing a business idea from initial ideas to marketing.

http://www.brave.org.uk/

For those on benefits who are thinking of the NEA route, the course and advice from the Bristol Debt Advisory Service was invaluable. They are a really great bunch of people, and do it all gratis. Good eh?

http://www.bdac.org.uk/

When it’s all so baffling, it’s nice to have a bit of help.

So, here we go, wish me luck!

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2 thoughts on “Money money money.

  1. I do wish you the greatest of luck! 🙂 (Only I wish the Tories were being a TAD more “generous” with the “New” Enterprise Allowance THIS time around.. :/

    (Liz, Cornwall-dweller: @oneoflokis on Twitter.)

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