December newsletter 2021

In our December newsletter, we focus on: how to access financial support, what grant funding is available, how the Enterprise Investment Scheme (“EIS”) can support the growth of your business and look at the impact of rising interest rates on UK businesses.

Our key takeaways include;

  • Business grants - take the time to research and secure grant funding as some sources you do not have to pay back.
  • Accessing financial support - when applying for funding, you’ll need to have a business plan, have assessed the business’ ability to generate cash and consider the security you are prepared to offer, before talking to the banks. Consider using a broker to find the best deal.
  • The Enterprise Investment Scheme is another way to attract potential investors into your growing business as well as incentivise them with the many added tax reliefs.