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Women in Business

Taking that first step to becoming your own boss requires courage and confidence in your own abilities, and for women it can be even more daunting as the business world is still dominated by men. Recent figures reveal that men start up 150,000 more businesses a year than women.

However, the tide is turning as according to a recent employment poll one in every hundred women workers plans to start up their own business in the next three years. The world of employment is changing and women are now achieving a successful breakthrough into the business world.

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Business start up

Starting a business in the UK is now much easier than it used to be. There are many resources that offer valuable advice about starting and running a business. This extensive support network includes: governmental, educational, professional and voluntary companies.

The government has backed an incentive specifically to encourage women to start their own business. Last November there was the very successful National Women's Enterprise Day.

Some local authorities now offer business grants aimed at helping women to start a business. Finding the right finance to start a business used to be more more difficult

We can help you to find the best loan to suit your business plan from a trusted lender, who specializes in UK business loans. The right finance will enable you whether you are starting up a new business or planning on expanding your existing business, and need investment to realise your entrepreneur dreams.

Find a small business loan with our business loan calculator

Business Plan

The first step to starting your own business is to get it down in black and white in the form of a business plan. This will really help you recognise what your targets are and how you hope to achieve them, including the all important funding requirements. Having a business plan in place right from the start is important for future investors and will highlight your forward planning and decisive management skills.

What do you need to be a successful female entrepreneur?

  • Confidence - you need to believe in your product or service and your own ability to be a success. That means not being afraid to take risks or make
    difficult decisions.
  • Enthusiasm and self-motivation - most successful entrepreneurs recognise that when starting a business it is always best to choose something you are avidly interested in - a hobby, interest or specialist knowledge that you have. Also if you have had working experience in your field of business it will be easier. The top advantage when starting a business though is having enthusiasm for your subject/product/service. This will give you the edge over your competitors, as it is always obvious to the customer.
  • Financial advice - this is vital when setting up initially, and later to grow your business and continue to manage your finances effectively. Don't stay in a rut,
    or accept the ordinary when the time is right expand your business to your potential.
  • Flexibility - you need to adapt to your business and initially you will need to put in often long hours. The advantage of being your own boss though means you can adapt your working hours to meet your needs and lifestyle - using early mornings or evenings to catch up if necessary. If you work from home then balancing family commitments can be easier.
  • Networking - to be successful you need contacts and not just via email, often meeting others face-to-face can be more effective and result in new ideas and
    support. Women generally have an advantage with communication skills, and excel with top customer service skills.
  • Training - learning new skills and improving your own and your staff's strengths and talents will keep you current and on the road to success.

Fulfil your dream and make starting your own business a reality

Woman EntrepreneurWomen are making a real mark on the business world and are growing and developing their own businesses and themselves.

With plenty of self-confidence, determination and a strong belief in their ability women can be highly successful entrepreneurs.

There are far more millionaires these days and most of them are self-made and own their own business - you don't generally get rich working for somebody else!

Then there is the satisfaction that comes from having had that initial idea and taking it forward to become a successful business - priceless!

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