Are you ready to do your bit for the British economy, with most of your risk covered by the taxman? This is exactly what the goverment’s Seed Enterprise Investment Scheme (SEIS) is set up to do! If you can afford to cast £50 onto the waters, you’ll get most of it back intact in the worst case or multiplied in the best. This means that YOU, from the safety of your armchair, can help build the economy with little risk to yourself.
The Small Business Catch 22
Not everyone is an entrepreneur, but those who are hold the keys to the future of our country. They need support from the rest of us! JDrew Creations is one of thousands of small businesses who are ready to step up and build the economy from the ground up, but we need YOUR help to get out of a classic Catch 22. Whatever the business, there’s some costly groundwork to be done to make that leap from a good idea to a great company. Whether it’s buying in stock, investing in capital equipment, or in our case developing the software that we sell, those costs come before sales, and it’s this early stage help which makes the difference between a cottage industry and a global brand.
Make the taxman pay his share
For every £100 investment into a small business under the SEIS scheme, the investor gets £50 back against tax! You’ve already halved your risk, and if the worst happens, and it can, then there’s a tax safety net (loss relief) which covers a good proportion of the rest. The taxman wants to help you take that small risk because big businesses pay taxes, and they have to start somewhere.
What can you do NOW?*
It’s not hard to find little businesses who are investor ready. This means they’ve done their sums, they know where they are going, and they have a plan to use the funds to grow and eventually sell to get you a good return. The Growthfunders platform is a good place to start, and there are other similar schemes running across the internet.
So what are you waiting for? Calling all armchair entrepreneurs….. your time has come!
*Note: Investing in unlisted businesses (particularly start-ups and early stage) is a high risk / high return investment strategy and carries significant risks including; illiquidity, loss of capital, rarity of dividends and dilution. It should only form part a balanced investment portfolio and is targeted at investors who are sufficiently sophisticated to understand the risks involved and are capable of making their own investment decisions. You should consult an independent financial advisor before making investment decisions.