What can you do to significantly improve your business plan, subsequently increasing your chances of securing any required finance? Over the years I’ve written a lot of business plans and to date, have a 100% success rate in obtaining finance for my clients. I say this not to impress you, but to offer some assurance […]
In a recent article, you discovered how to write a profit and loss forecast for a start-up business. Any finance house or bank looking at a lending proposition, cannot make a decision to support a funding request based upon this document alone. The profit and loss forecast will support the story within the business plan, […]
So you have a great business idea which you believe will be successful. The only drawback is that you need to borrow money to purchase supplies or simply to buy time for the business to generate sales and become self-financing. Whatever the reason for borrowing money, it’s likely that you will be asked for a […]
With Brexit negotiations underway, we are all bracing ourselves and hoping for positive news. Negotiations are taking place to discuss complex issues. Both parties entered these negotiations from different view points. Somewhere within this two year process, it is hoped a settlement can be reached. There has to be give and take on both sides. […]
In the first part of this article you discovered two foundational and important pre business start-up loan application skills. These were: Being professional Learn all you can about running a business by taking courses and talking to business owners from varying sizes of business. Do your research Learn as much as you can as this […]
When you are starting a new business venture, it may seem daunting applying for a start-up loan. The first place business owners generally turn to is their bank. Banks have a major role to play in business funding and despite any adverse publicity banks have received over the years, they are still the primary source […]
Being in business can be very lonely. At the end of the day, the buck stops with you. Who do you turn to when you need to discuss the challenges and successes of the business? If you don’t have anyone, then perhaps it’s time you found a mastermind group. Are you familiar with the term […]
For most businesses, computers are an essential tool. Living in the digital age, we are increasingly relying on technology to go about our daily business. The truth is, we are reliant on computers in so many ways, the most common being to input, store and retrieve data. When computers are fully operational, office life is […]
Now Brexit has formally been triggered, we will see huge uncertainty in all market sectors and the challenges facing Britain’s business owners will continue to grow. In this article you’ll discover 5 business elements you may or may not have thought of, but will need to master if your business is to thrive in the […]
With uncertainty looming over the country and the inevitability of Brexit negotiations commencing soon, this leaves us all in a quandary whether we should be taking some action, or join the masses and wait and see what happens. Opportunity is sometimes presented with the strangest of wrappings. Brexit could be the opportunity your business needs. […]