Business and Financial Guru

There are a number of options available to you:

• use your own funds;
• bank loans;
• business angels;
• small firms loan guarantee.

OWN FUNDS

Wherever possible you should use your own funds. That way you won’t be burdening your new business with loan repayments. Obviously this won’t always be possible. Read the rest of this entry »

Working capital is the amount of money you have available to run your business on a day-to-day basis, and without it, you will be unable to trade successfully.

This is as opposed to fixed capital, which is the capital you use to buy your fixed assets, for example what you spend on items such as buildings, vehicles, machinery etc. Read the rest of this entry »