Self Fund DIY

Left Arrow

As an alternative to SSG, this is our favourite. Although it might seem a tough way to launch a business, we think that in the long run if you choose not to go down the SSG route, then this is the most satisfying alternative. Of course, you need to take particular care to ensure that you have enough money to cover three main areas of expense: the cost of actually launching a business, the domestic cost of surviving the ‘baked bean period’ and just as importantly, the cost of the tools that you need to actually trade successfully. Our experience to date is that the most frequently misunderstood cost relates to the tools to do the job – it is not just about a few job boards, you need back office support and technical back up. But ignoring the obstacles for a moment, if you believe that SSG is not quite right for you, then Self Fund DIY is our recommendation.

Right Arrow