Dover Business Startup
Dover is a major channel port in the south east county of Kent. The town is famous for its white cliffs which are made of chalk. The White Cliffs are one of England’s most celebrated sights. Hidden inside them is an extensive network of tunnels which were first dug during the Napoleonic Wars. Now the tunnels are open for tourists and visitors to explore.The town is the closest to France, only 21 miles from the French port of Calais. Dover port is the UK’s busiest cross channel port with over 18 million passengers travelling on the many ferries operating. There is a regular catamaran service to Boulogne.
It has many attractions to explore and you will never be short of things to do or places to visit. A popular tourist attraction is Dover castle which is a beautiful and intriguing to explore and thousands do each year.
Buisiness is also booming in the coastal town of Dover. If you are planning to set your business up or move your business to the area it should be a prosperous move. Obviously with all business start-ups or expansions there is the question of finance. How much do I need? Where can I get the best deal?
You could obviously try a bank loan but the interest rates could be quite high so this might not be your best option. You will need a good business plan that clearly shows that your business will generate enough cash to make the loan repayments.
You could also find the finance through friends and family. But remember to treat these relationships as real business relationships as you don’t want to loose any friends or family. You should also plan how you intend on paying them back with a time frame and at what interest.
A better option could be finding a private Investor or Venture Capitalist. Private angel investors and venture capital firms work primarily in the same way. They invest in the equity of your business and expect a return in the form of an acquisition, IPO, or stocks bought back in the future. This might be a wiser move as they will be experts in dealing with businesses and will only invest if they see a possible return on their investment.
However you chose to fund your business you will need to have a well written business plan. Angel startups are experts in writing business plans and can also put you in the right directing of investors. So if you are wanting to start a business up in Dover, or wanting to move and expand you business in the area, give angelstartups a call today.
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