Despite a challenging economic climate, new research conducted by LinkedIn has revealed that the number of entrepreneurs in the UK increased by 6.4% during the last year.
The rising number of small businesses has also created far greater demand for innovative and accessible funding options in the modern age, which has in turn enabled companies to establish themselves and achieve more sustainable levels of growth.
In this article, we will look at some of the best funding options for small businesses and the benefits that they deliver to entrepreneurs.
- Personal Stores of Wealth
If you are serious about developing a successful business, using a personal store of wealth to invest in this may be your best option. This is particularly true if you are willing to invest the money without recording it as a directors’ loan, as this reduces the long-term debt levels of your business and improves …