3 Support Options Available to York Businesses

Starting a business of your own can be a daunting experience. No matter how excited you may be to start your entrepreneurial adventure, there are a lot of challenges to overcome before you can achieve your goals. With this in mind, it’s worth looking closely at the things you can do to better support your online business in today’s competitive world.

The good news for York businesses, is there are various forms of support available – if you know where to look. Here are just some of the tools you can use to set your business up for success.

1.    Support Groups for Advice

If you’ve never started a business before, there’s a good chance you’ll have a number of questions about everything from how to file your tax reports, to how you can seek out new sources of funding. While a good bookkeeper can help you with these questions, having access to various support groups full of people who have been in the same position as you can be extremely useful when considering all aspects of your business.

Fortunately, business owners in York can access a wide variety of groups and communities, such as the Chambers of Commerce, where you can network with other professionals, and even list your business for a chance of finding new sources of income. There are also options like the Federation of Small Businesses to consider, or the institute of directors. Don’t forget to look into local groups too. You might even find Facebook groups full of small business owners local to York.

2.    Find Local Grants

Grants and financial support are some of the most important and valuable assets a new business owner can have. Finding the cash required to launch your own company can be extremely difficult, particularly if you’re not eligible for a business loan.

York offers a range of grant options for business owners, with regional funding opportunities, COVID-19 funding, and more. If you visit the Grants online website, you can browse through available sources of cash based on categories like “business development” or “housing”, depending on what kind of company you’re starting.

If grants aren’t available to you, don’t be afraid to talk to financial advisers and business banking groups in York to learn a little more about what your options might be.

3.    Networking Opportunities

Having support groups around you for advice and professional guidance is crucial, but it’s also worth networking with other professionals for additional reasons. The more you network in York, the more you’ll find potential employees for your future business, as well as supportive friends who can give you an extra dose of motivation when you need it most.

Networking opportunities also ensure you can access specialist guidance when you’re looking to take important steps in your business, like switching to a limited partnership, or merging with another company. Look into networking opportunities both online and in person to improve your access to a wide range of helpful professionals.

Remember, it’s who you know in the business world, as well as what you know which can improve your chances of long-term success. And if you need a bookkeeper in York, talk to us.

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