Navy man in training venture
A former sailor has set up a fitness business based on the exercise regimes he learned while serving his country.
Donald MacGregor, who spent 20 years as a submariner in the Royal Navy, launched Scottish Military Fitness with backing from the Be The Boss funding scheme.
It is set up to help former armed forces personnel move into business and is run in Scotland by DSL Business Finance.
MacGregor now runs outdoor fitness and boot camps across Glasgow.
He said: "After I left the Royal Navy I worked as a personal trainer and ran boot camps for other companies. I had a lot of clients and I realised that I could do this for myself so I decided to set-up my own business earlier this year.
"The help I got from the “Be the Boss” scheme and DSL was really valuable. In addition to the cash they showed me how to get my business plan loan ready and made sure all my costing were accurate.
"I even had to appear before a Dragon’s Den style panel of business and finance experts to get my loan approved but it was a really good experience."
Eunice Lancaster, general manager of DSL Business Finance, said: "People who have served in the Armed forces have huge potential when it comes to setting up and running a business. They are disciplined, highly motivated with a get-up-and-go attitude.
"However, some ex-Service men and women often find it hard to adapt to civilian life after serving in the Armed Forces. Many who want to set-up their own business have difficulty securing cash backing to turn their dream into reality. As a result they are underrepresented when it comes to business start-ups and self employment.
"DSL is delighted to be working on behalf of “Be the Boss” to try to address some these challenges so that former armed forces personnel become investment ready, have a sound business case and can secure funding."