My daughter wants to open her own hair salon, where can she get a grant to start her own business?

Question

Is their a princes trust fund who helps young people start up in their own buisiness

Answer 1

Save up

Answer 2

Read The E-Myth Revisited by Michael Gerber. Excellent information on being in business for yourself. Also take a look at the Rich Dad, Poor Dad series by Robert Kiyosaki. Consider a booth rental instead of an entire salon, if she hasn't done that yet. A co-op will greatly reduce overhead but still allow her to be in business for herself.

Answer 3

i rang the princes trust a few years back for a grant, they asked me alot of questions like are you or have you ever been on drugs have you ever been in prison have you got a criminal record as i answered no to all these i was told i probably didn't qualify for a grant as its for under privileged people. this was only one of many obstacles put in my way but i didn't give up. I'm now 24 with two successful businesses so tell your daughter to work hard and never give up hope and all the luck in the world to her cos it aint easy

Answer 4

There are various issues you prefer to contemplate, exceedingly in this time of standard economic disaster: a million. who's your desirable client? 2. what's your desirable provider or product? 3. who's your opposition? 4. What are your startup expenditures? 5. what sort of time-physique do you may desire to contemplate in terms of coming up a earnings (what proportion months till now you start to ensure profitability)? till now you're taking those issues into attention, think of in terms of your very own profile: what sort of temperament do you have? Are you affected person? are you able to describe issues needless to say to purchasers or to team or co-workers? Do you artwork greater effective independently or with a team? between the superb startup agencies with low overhead are direct merchandising. evaluate Mary Kay Cosmetics, organic existence, or Advocare. each and every of those agencies have made human beings millionaires in under 5 years. (I ensue to nicely known various of those human beings individually.) while you're thinking of a place like a nail salon, you would be based on merchandising, have the overhead of hire, warmth, lights, insurance and prefer a competent team. to no longer point out the submitting of licenses and state policies. Direct merchandising in many circumstances does not have those standards and with an preliminary investment of under $a million,000 you may finally end up in a reliable place in some short months in case you have faith contained in the product and take the technique heavily. returned, evaluate your region--super city? small city? the three direct merchandising businesses I point out each and every have ongoing help and technical training that might assist you grow to succeed on your container. there is often room for clean marketers and you may build your man or woman team and downline. stable success on your alternatives.

Answer 5

Go to the gov web sites and you will find a grant committee there for you to discuss your proposals and there are bank look to get of money to new business.

Good Luck with this one good question I hope I helped

Answer 6

yes. princes trust and also there is a business start-up programme set up by the government that gives you the help you need.. see the government online websites.

Answer 7

the prince of wales trust may help but make sure she has a business plan

Answer 8

for general information about the start up stage, market research, business plan-writing one: shell live wire, you may find information about grants, this is aimed at young entrepreneurs.

Answer 9

find a local enterprise and if there is any grants they will help with applications and business plans etc

Answer 10

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