How having a mentor can help your business
January 27, 2019
Meet the Soldering On Awards Finalists: Business of the Year – Scale Up Award – Sponsored by London Stock Exchange Group
February 13, 2019
Starting young!
A key reason why many people choose to start their own business is because they have a passion for something and want to share it with the world. For me, that passion was enterprise and helping others pursue their entrepreneurial ambitions. I began my journey into enterprise at a fairly young age, having owned my own business at the age of 18 and I have not looked back since.
“I started my first limited company at 18 and it was the best thing ever I did. Learning about business gave me a solid grounding for my future roles, both employed and self-employed.
There are so many valuable life skills to be learnt from setting up your own business at a young age, and entrepreneurship is an avenue which I encourage more youths to consider, particularly when they have a genuine passion they wish to pursue.
Case study: CACTI Cosmetics
This was the case with young entrepreneur Bethany D’Inverno who set up CACTI Cosmetics at the age of 22 when she left university. CACTI Cosmetics offers a range of skincare products that are 100% natural, vegan and cruelty-free:
Throughout my time at university, I had an idea in the back of mind to create vegan, plastic-free lip balms and the thought wouldn’t go away. After travelling around Thailand with my boyfriend, I was unsure what to do now that I had completed my education so I combined my passion of veganism, natural products and reducing plastic pollution with my love of business.
X-Forces Enterprise were able to help Bethany start her business with the support of our highly commended Business Advisory team who were able to provide her with key advice and guidance to finalize her business plan and cashflow forecasting. We helped her secure a start up loan for her business of £2,000:
“I invested all of my own money beforehand but I knew there was certain things I needed to do to have the best start possible. The loan has helped me get better quality labels, increase my knowledge of the industry and buy more ingredients.
“X-Forces have shown me fantastic support. Anthony & Dax have paid genuine interest in my business and to have their belief has been really encouraging.”
It is encouraging to see young women like Bethany starting promising businesses and exciting that they’ll become role models for others to follow their lead. d
How can X-Forces Enterprise help?
If you wish to start a business or have your own startup which has been trading under 24 months, X-Forces Enterprise can help you secure start up funding of between £500-£25,000 at 6.2% APR over 1-5years with no early repayment fees. We also provide 12months mentoring to help you get started. Contact us now: https://www.x-forces.com/contact-us/
