Believe it or not, there are things you can do as a business owner to give yourself the best chance of getting a ‘yes’ when you apply for business funding.
Business banking is not everyone's idea of fun but as the business owner you have no choice but to be hot on the transactions in your accounts.
Chip and PIN machines are losing their grip in the payments industry, thanks to mobile payments gaining momentum and promising to make daily transactions much quicker and more convenient.
Controlling your cashflow is vital, particularly in the early stages of your new business
A commercial guarantee is a promise to ensure that a third party either: (i) fulfils its obligations; and/or (ii) a promise to fulfil those obligations should the third party fail. It is a contractual commitment that creates a secondary obligation to support a primary obligation such as repayment of a loan.
With the current economy in a tailspin, friends and family may think that you are taking a terrible risk by planning to start a new business. However, your venture does not have to be as dangerous if you take the necessary steps to secure financing for your business.
New start ups are rising and looking for funding but will the banks help?
How to find out if there are any grants available for your business.
"Money is the root of all evil", "money brings the worst in people", "money makes the world go round" - and it is usually at the heart of any business success or failure.
You may be thinking of starting your own business or you may already be the proud owner of a young trading business. This article takes a look at some of the psychological and emotional factors behind deciding whether to go the equity or debt route if you need funding to get the business off the ground or to progress it.
If there's one factor that's more important than any other in growing a business, it is surely access to enough cash.
One way of raising finance for your business is to look for a business angel.
The statistics are not pleasant - four out of five businesses that are started in the UK fail. With the current economy in a tailspin, friends and family may think that you are taking a terrible risk by planning to start a new business. However, your venture does not have to be as dangerous if you take the necessary steps to secure financing for your business.
Starting a business can be expensive, but it doesn't have to put you into massive debt or require you to take on investors (which is really just another word for debt!).
This is amongst the most common questions I get asked. A young entrepreneur approached me with this exact question at a recent event where I was a speaking. My response to her was, as always "now"! As an entrepreneur it's easy to get confused by all the conflicting advice that is out there.
Car purchase versus leasing. Over the past ten years there has been a dramatic rise in the amount of businesses and individuals leasing cars. In fact nearly one in three new vehicles are leased.