Five steps: get free help with your business plan
Where to go and who to ask for advice that doesn't cost a penny.
1. Trade shows
Startup and small business trade shows often boast 'free
business advice'. This usually entails someone from a professional
services company or an advisor sitting at a booth. You book in a
15- or 30-minute slot to talk about an issue you're having. Smarta
did this at the Business Startup Show at Kensington Olympia, for
example, providing business plan help in half-hour segments.
You need to get in early to secure a slot: usually a few days or
weeks before the show. Talk to the expo's organiser to find out
when to register a place.
Be wary of anyone who tries to push a product on you at the end of
your slot. You may well not need it, despite anything they say.
Sadly, some companies offer the advice under the pretext of trying
to make a sale.
Take your business plan along, have your questions in mind (or
email them to the advisor beforehand) and you'll keep the focus
firmly on getting the help you need.
Try a site like exhibitions.co.uk or the Smarta community
to find upcoming events.
2. Free business plan templates
Most startup hopefuls have never seen a business plan. No wonder
it's such a daunting task. How can you be expected to put something
together when you have no idea what the end result is supposed to
look like?
Looking at sample plans gives you a much better grasp of what
you're aiming for. There are plenty of sites offering examples, but
we've saved you the trouble of trawling the web. Check out more
than 500 free
business plan templates in our Tools section. Pick the one for
your industry and adapt it to suit your business.
3. Enterprise hubs, RDAs and Business Link centres
There's more face-to-face free help available than many business
owners realise. Government-run regional development agencies (RDAs)
exist to help stimulate the local economy, and their websites can
point you in the direction of the help you need. Find a link to
your RDA's website here, then look in its business section to
establish where to go next.
Business Link centres are sprinkled all over the UK, and are also
government-backed, although they are managed regionally. That means
the quality of advice on offer at each one does tend to vary, but
you can guarantee there will be someone there who can talk you
through your plan. Call the centre in advance to explain what you
need and to book a session.
Enterprise hubs work in much the same way. Call to book an
appointment and find your local one through Google.
4. Business mentors
Mentors have usually set up a string of successful startups
themselves, so will be well-versed in the requirements of a
business plan. An experienced mentor can also prove an invaluable
resource throughout the start-up process even if only used a
sounding board for an hour every couple of weeks.
Read our guide on how to find a business
mentor.
Once you've identified your personal guardian angel, read our
guide on how to get the
most from a business mentor so you can really work that
relationship.
Start asking other business owners you meet at networking events
specific question you think they could help with, too. Many will
have done it all before and will be more than happy to spend 10
minutes giving you guidance.
And turn to the Smarta community with your questions. We set up
the Q&A
section to help people like you get advice. Stick a few queries
up there - the community is very obliging and has a wealth of
expertise.
5. Bank managers, accountants and solicitors
Your bank manager wants your business to flourish just as much
as you do. They won't sit down with you for hours poring over every
detail like a mentor would, but they can explain exactly what they
want to see in a plan. They've seen thousands of business from
companies just like yours, so glean as much from them as you
can.
Don't take drafts of your plan - you'll want to impress them with
the finished thing at a later date - but have a frank talk about
the fact you're planning on starting up and find out exactly what
they need to see.
An accountant or solicitor's help might not strictly be free, but
they have an idea of how to rigorously assess a plan. Ask firms who
specialise in small businesses if they offer discounts or freebie
sessions for early-stage startups.
Smarta Business Builder
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just £20 per month with no contract! Try it out today!