• University of Leeds

Starting a Business 6: Funding Your Business

Raising funds in an important when starting a business; find out which source of funding is most suitable for your business idea.

36,593 enrolled on this course

Starting a Business 6: Funding Your Business
  • Duration2 weeks
  • Weekly study2 hours
  • LearnFree
  • Extra BenefitsFrom $39Find out more

A successful business requires funding to get it started. There are many ways to get your business up and running, from the informal such as personal savings and borrowing, borrowing from friends and family, to the more formal avenues like bank loans, raising equity to crowd-funding. This course will help you consider the finance options available for businesses, and how to fund the expansion of a business.

This is the final course in a series of six about ‘starting a business’.

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Skip to 0 minutes and 10 seconds This is the final course in a series of six, designed to help you on the journey of entrepreneurship. In this course, we consider the importance of being able to raise funds when starting a business. There are many ways to get your business up and running, from the informal– such as personal savings and borrowing– to the more formal avenues– like bank loans, raising equity, and crowd funding. This course will provide you with the opportunity to consider what kinds of funds might help you with your new venture. Through videos, activities, and quizzes, this series of business courses introduce case studies of young entrepreneurs who are already on the journey. They share their business challenges with you and a panel of business advisers.

Skip to 0 minutes and 54 seconds Through discussion and activities, you have plenty of opportunity to define and work on your business plan, as well as helping others.

Skip to 1 minute and 1 second Sign up now to “Starting a Business: Funding Your Business.”

Syllabus

  • Week 1

    Funding your business

    • Welcome

      This week, you will explore the importance of funding opportunities when starting a business. Before you get started, take the time to meet your fellow learners and share your reasons for joining this course.

    • Funding your business

      This course considers the different options which may be available to you to help fund your business idea. You will be introduced to the different types of funds that can be raised to help start your business.

    • The team's business challenge

      In this activity, Barney, Sam and James share their business challenge. This involves deciding which direction their business should take. You have the opportunity to join some expert advisers in helping the team move forward.

    • Summary

      To close this week, we would like to introduce you to some of the options for studying at the University of Leeds and look forward to next week.

  • Week 2

    Realising your vision

    • About week 2

      This week, you have the opportunity to define your business vision, communicate and collaborate with other learners from around the world, and share and discuss your ideas.

    • Your turn

      In this activity, you will research new organisations in your local area which have used crowdfunding to launch its business. You will also have go at writing a sales pitch for your business idea.

    • Your business plan

      Throughout this series of courses, you are encouraged to document your ideas and thoughts in order to produce a coherent business plan.

    • What's next?

      Having reached the end of this course, you can test your understanding and then look forward to further courses from the University of Leeds.

When would you like to start?

Start straight away and learn at your own pace. If the course hasn’t started yet you’ll see the future date listed below.

  • Available now

What will you achieve?

By the end of the course, you‘ll be able to...

  • Discuss the advantages and disadvantages of the types of funds that can be raised to help get a business up and running.
  • Identify the factors which impact on the way a new venture is financed eg company type, the market or sector the company is trading within, the aspirations of the founders.
  • Discuss the entrepreneur’s business challenge: How can the expansion of the team’s company be funded?
  • Assess funding for a business plan.
  • Assess whether funding is required to get started.
  • Reflect on how you would approach financial sources.

Who is the course for?

This course is part of the Going to University collection which has been specifically designed for students at schools and colleges. They provide a taster of undergraduate study at the University of Leeds and help students to decide which subject to study at university.

Completion of the courses will also enhance students’ university applications.

The courses can also be used as a teachers’ classroom enrichment resource.

Courses in this collection are also great for people that want an introduction in the specific subjects discussed in each course.

Who will you learn with?

I'm a Teaching Fellow for the Leeds Enterprise Centre at the University of Leeds. My focus is on Social Enterprise and "Intrapreneurship". I also have a background in the Performing & Visual Arts.

Who developed the course?

University of Leeds

As one of the UK’s largest research-based universities, the University of Leeds is a member of the prestigious Russell Group and a centre of excellence for teaching.

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