Nearly every single person that I speak to about their business asks me what grants they can get? This does my head in! I really can't understand the mentality of people who think that because they live in a particualr country and are starting a business that the government should give them money (my tax payers money).
Now don't get me wrong I think the state has a duty to help foster and grow new business particularly those that are concerned with innvoation, international trade or are creating notable employment, however giving money away to a new business such as a hairdresser, a plasterer or a plumber is just displacing another business and doing nothing for the economy. There is nothing at all wrong with these trades and if we want to create an Enterprising Culture then we need businesses like this to do that however that does not mean the government should give money to people simply because they'd like to line their own pockets rather than those of their employer.
My ideal scenario would be to see a central loan fund, similar to the student loan system whereby interested applicants can submit a business plan for a low interest loan with a repayment holiday but crucially something that they will pay back! This money could then be reinvested into the next business whether it be a plasterer or a innovative electronics company. No one gets a hand out but everyone gets a hand.
Technorati Tags: business, grants, funding, loans,
Now don't get me wrong I think the state has a duty to help foster and grow new business particularly those that are concerned with innvoation, international trade or are creating notable employment, however giving money away to a new business such as a hairdresser, a plasterer or a plumber is just displacing another business and doing nothing for the economy. There is nothing at all wrong with these trades and if we want to create an Enterprising Culture then we need businesses like this to do that however that does not mean the government should give money to people simply because they'd like to line their own pockets rather than those of their employer.
My ideal scenario would be to see a central loan fund, similar to the student loan system whereby interested applicants can submit a business plan for a low interest loan with a repayment holiday but crucially something that they will pay back! This money could then be reinvested into the next business whether it be a plasterer or a innovative electronics company. No one gets a hand out but everyone gets a hand.
Technorati Tags: business, grants, funding, loans,
