Archives Month: August 2014

One major benefit from the 2008 economic downturn has been the significant growth in self-employment. Job insecurity throughout the early years of the recession has caused large numbers of working-age people to take the future into their own hands and start new businesses.

Fortunately, start-up owners are not hidebound by historic ideas of how to fund their business. Gone are the days of expecting banks to support a new venture. Personal resources, crowdfunding and asset finance are some of the options available to the new entrepreneur.

Armada has always taken a positive approach to supporting new start-up operations and frequently funds assets that other funders shie away from.

Recent support for new businesses has seen Armada financing recycling containers, IT equipment and software, retail and industrial fit-outs (including flooring) and catering equipment with signage.

With the increasing numbers of people prepared to commit themselves to new ventures we see that this sector is playing a major role in creating new jobs.

No wonder that Armada has been helping start-ups for 40 years. If you are looking for asset finance support for your new business look no further.

Saturday morning saw us up and travelling north on the M5 to the Cotswolds to drop off a traumatised grandson who had spent a week cycling, go cart racing and painting, trying to keep up with the “old folk”.

Within 90 minutes we were just south of Tetbury, enjoying coffee with friends and catching up with the latest news, (we have known them for 40 years).

Soon we were on the road again, travelling up to Daylesford, a very favourite destination of ours, near Stow on the Wold. We had Caesar salad for lunch – it was stunning – one of those meals where the more you eat the more it grows. The whole experience of Daylesford is superb. Carole Bamford never gets it wrong!

With a smile on our faces we headed south and after crossing the M4 we were soon parked up in Bath, supping a restorative cup of tea at Jamie Oliver’s new deli in Shires Yard.

Across the road in Milsom Street we wandered around the house interior shop, India Jane, owned by Jemima Khan’s step-sister. A word of warning, this shop can seriously bend your plastic but with a little care there are bargains to be had – a few bits of Italianate pottery were very reasonable.

As the afternoon came to a close we popped into Browns to enjoy nibbles and tonics on the terrace amongst the Bath supporters, who seemed happy enough having watched their team draw with Scarlet’s 26-26.

Gently we motored south across country to avoid the motorways – what a charming way to spend a Saturday in August. England is still a fabulous place to spend your life!

A great evening yesterday! We decided to try the Devonshire Arms in Long Sutton, which is under new ownership. We needed time to catch up and do some forward planning.

The pub has kept its chef so the food was as good as always. The staff were particularly friendly and helpful and there was a happy, gentle buzz in the house.

Over a plate of deep fried calamari we planned ways of entertaining our 8 year old grandson who is staying with us over his summer holidays.

Horrible Histories have created a real appetite for the past, so a day in Bath is a must. Also, a cycle trip along the Exe Trail with fish & chips on the beach at Exmouth will also be “sick”. Going to a play centre is up there as well.

Fortunately in Exeter we have a Bear Feet Playcentre. In 2007 Armada Asset Finance funded the complete fit out of Ian & Juliet Harvey’s Bear Feet in Newton Abbot, including all the play equipment, the climbing wall, catering equipment and furniture. Everything!

When Malcolm & Tina Collett, old Armada friends, purchased the business from Ian & Juliet and opened the second Bear Feet in Exeter we were asked to continue the assistance we have given this venture.

No doubt, by the end of the holidays, two exhausted grandparents and one lively, happy little boy will be looking for another good pub to replenish the energies.

By the way – did I mention fossil hunting?