Tag Archives: startup loans

Why mentoring for women running a business has become critical

mentoring by diane shaweWhy Mentoring is important

Article by Diane Shawe

It was revealed last year in an article that young women are more likely to fall into personal insolvency than young men of the same age. The figures, which were quite alarming if you’re a woman, showed that nearly eight out of 10,000 young women became insolvent last year, compared to just four men in 10,000

“Mentor: Someone whose hindsight can become your foresight”

Mentoring is a powerful personal and development tool. It is a partnership between two people (mentor and mentee) normally working in a similar field or sharing similar experiences – or conversely, perhaps you are looking to enter a new field and would like support from someone who has been there before. It is a helpful, supportive relationship based on mutual trust and respect.

What is a mentor

Mentoring is most often defined as a professional relationship in which an experienced person (the mentor) assists another (the mentoree) in developing specific skills and knowledge that will enhance the less-experienced person’s professional and personal growth.

What is a Coach

Coaching is training or development in which a person called a “coach” supports a learner in achieving a specific personal or professional goal. The learner is sometimes called a “coachee”. Occasionally, “coaching” may mean an informal relationship between two people, of whom one has more experience and expertise than the other and offers advice and guidance as the latter learns; but coaching differs from mentoring in focusing on competence specifics, as opposed to general overall development.

Some coaches use a style in which they ask questions and offer opportunities to challenge the learner to find his or her own answers. This helps the learner find answers and new ways of achieving their goals based on their own values, preferences and perspectives.

So your mentor is your guide who can help you to find the right direction, be a sounding board and support you in developing solutions for you and your business or lifestyle.

Getting Financed – A fair share for Women startup

Start-Up Loans are funded by the Government both for people starting up and new businesses trading for less than two years. They are easy to apply for and typically people borrow between £2,000 and £10,000, although there is no limit. Enterprising Women’s parent company YTKO has now been approved as a national provider of Start-up Loans, which means that Enterprising Women can now bring them to you!

WHY PRE START UP SUPPORT IS ALSO IMPORTANT

The Enterprising Women  also offer a wealth of pre-start support through their sister organisation Outset, as well as post-finance mentors to help keep you on track. So if you’re a new business (trading for less than two years months) looking to fund your growth or just starting out, – or know someone who is – click here to find out more.

The Start Up Loans Company is a UK-wide, government backed scheme, which offers a repayable loan to individuals over the age of 18 who have a viable business idea but no access to finance. The scheme funds businesses in every sector. As well as financial backing, all loan recipients are given access to a mentor, free training events and exclusive business offers.

If you are yet to start, or in your first two years of trading, then you will probably be eligible to apply. People typically borrow between £2,000 and £10,000 (the maximum loan is £25,000) and all loans come at a competitive, fixed rate of interest at 6.2% APR.

 

Is crowdfunding all that it’s cracked up to be?

Kick starting your business with crowd sourcing 1 day course

Crowdfunding is the newest way to raise money for startups who need capital. But not all crowdfunding is alike. Learn how to determine which crowdfunding platform is the best one for your business.

article by Diane Shawe M.Ed

All kinds of projects such as Businesses, nonprofits, artists, and entrepreneurs have all succeeded in raising some startup or expansion funds by presenting their campaigns on one of the many crowd funding platforms that have sprung up in recent years mainly due to the failure of banks to champion real business growth that requires an element of risk.

But as it becomes even more popular, the organisers are now wanting to ensure that their investors get a return on their often small investments. Crowdfunding isn’t a simply process of signing up for a service and listing your financial needs. The first step is finding the platform that is just right for your business and one other thing to take into consideration is the crowdfunding body assessing if your right for them.

Listed below is a brief Introduction to Various Types of Crowdfunding Sites and their links.

Like many other things, crowdfunding sites come in a lot of different shapes and sizes. There are crowdfunding sites for nonprofits and social causes: crowdfunding the peer to peer piggy bank

These are just a few. There are plenty more.

Crowdfunding sites for independent artists and people spearheading creative projects include:

If you want to start a business or find investors for your million dollar project, then perhaps one of these crowdfunding sites will be more your speed:crowd funding Growing_Fund by

LendInvest is a marketplace lending platform for residential and commercial mortgages. All loans on the LendInvest platform are secured by a registered legal charge against property in the UK.

Mortagage Peer to Peer Lending

Crowdfunding sites such as Kickstarter, Fundable and Indiegogo are responsible for some of the coolest projects coming out right now. The sky’s the limit when it comes to these projects. Everything from a music label deal to food companies, there is something for everyone.

Just check out the coolest top ten successes listed by Matthew Toren,
Serial Entrepreneur, Mentor and co-founder of YoungEntrepreneur.com
whiteboard schema : crowdfunding cs5

10 reasons why mlearning is vital to SME’s

It is imperative that SME's utilise moble learning to improve the bottom line

It is imperative that SME’s utilise mobile learning to improve the bottom line

Why Online and Mobile Learning is Essential for Small Businesses

article by Diane Shawe M.Ed

The world of online learning is changing the way training can be delivered very rapidly. There is no doubt that mobile learning is hot and for good reason. If it is done right, it can produce great results for small businesses by decreasing costs and improving performance. Understanding mLearning’s value helps businesses make the best decisions about when and why to use it. Here are some compelling reasons.

What most people, employers, entrepreneurs and even some educational institutions do not have in today’s current environment is time the necessary resources and the infrastructure they need to support and achieve their learning objectives

“Continued Professional Training is imperative for SME’s if they are to compete from the bottom line up, & become sustainable business.  It is not a luxury expenditure but a vital investment as we see more and more Global Small Businesses evolving around the world”  says Diane Shawe M.Ed

There are a variety of Mobile Devices to choose from that can be used for Mobile Learning. Some of the more popular ones include: Samsung Galaxy range, Blackberry, Notebook, Palm Pilot, Apple iPhone, Tablets, Apple iPad, Apple iPod Touch, and many other up and coming tablets and notebooks.

So let us take a look at 10 reasons why mLearning is a better approach for training staff within the SME sector…

1.      Decreased training costs.   With mLearning, each time the course is accessed your return on investment improves because you are dividing the fixed production costs by number of uses. You also have savings through decreased travel, reduced material, and hopefully improved (and more efficient) performance.

2.      Less material costs.  Let’s say you have to train how to arrange equipment in a sterile environment like an operating room.  If you had to use the real environment, it would be costly.  Even setting up a virtual environment has material costs and labour.  By creating the environment online and letting the learner practice, you never have to worry about the costs associated with set up, use, and clean up.  There is also the vast savings on BYOD

Information management courses with avptglobak

Information management courses with avptglobal

3. Increased productivity.  Because mLearning is not bound by geography or time, you can control how it impacts on production by training people during down times.  In addition, with the current economy, you’re asking people to do more with less.  So mLearning is a great way to give them the tools and skills needed to enhance their performance.

4. Getting the message across.   mLearning allows businesses create a standardised process and consistency in the delivery of content.  It also compresses delivery time.

5. Synchronous and Asynchronous Learning: Live learning events require that those who participate align their schedules to the training calendar.  mLearning eliminates this because the course can be accessed anytime, anywhere.  Great for businesses and learners!

6. Giving the freedom to fail.  Real learning requires some failure.  But no one likes to fail in a classroom full of other people.  mLearning lets you fail without fear.  This encourages exploration and testing of ideas.  With the right feedback you create a great learning environment.  Worst case, you can always start over.  Something you can’t always do in class.

7. Learning and Retaining.  The combination of multimedia and instructional design can produce a very rich learning experience that is repeatable.  Throw in some good practice activities with feedback and you have a learning environment that’s going to help your learners retain the course content which will produce results.

8. Student Centred learning.  Look out the window at a car park. My guess is that you’ll see a dozen or more different cars. They all do the same thing, yet we have personal opinions about what we want to drive; the same for learning.  Learners want control.  mLearning allows you to offer control to the learners in a way that classroom learning doesn’t.

9. Learning Management: mLearning includes all sort of online technologies. It incorporates some of the tools that allow collaboration and conversation and can capture organisational knowledge that is available for future learners.

10. The Sharing Economy.  The foundation of a learning community is built on sharing what you know with others.  This is where incorporating a forum with the LMS (Learning Management System) adds value to business mLearning. Depending on how the course is structured, you can encourage sharing of resources and insight gained from the course.

In addition to all these advantages, mLearning is really good for the environment. An Open University’s study found that producing and providing distance learning courses consumes an average of 90% less energy and produces 85% fewer CO2 emissions per student than conventional face to face courses.

One of the challenges with making mLearning effective is how you manage the courses and access to resources. If you’re using a learning management system you might consider how that impacts the learning. MLearning is cost effective and can produce great results.  It’s all a matter of how you use it. Have at look at our online learning system, mLearning and the eLearning future. Go to: www.expresstraingcourse.com

“The only thing worse than training people and having them leave, is not training them and having them stay”

“The only thing worse than training people and having them leave, is not training them and having them stay”