Imagine youâ€™ve just decided that you want to take up canoeing as a hobby. Youâ€™re going to need a number of things to get you started, which might include finding a suitable training course, buying a new canoe, lifejacket, suitable clothing, books, videos, roof-rack etc.
You visit your local outdoor shop and once inside youâ€™re approached by a friendly and obviously knowledgeable salesperson who encourages you to have a good look around the shop without feeling under any obligation. Continue reading “Sales: The Beating Heart of Your Business (2)”
SMALL FIRMS LOANS GUARANTEE
The SFLG guarantees loans from banks and other financial institutions for small firms that have viable business proposals but have failed to get a conventional loan because of lack of security.
You can apply for a loan for sums of between Â£5,000 and Â£100,000, or if your business has been trading for more than two years you can apply for up to Â£250,000. Continue reading “Who is Going to Finance Your New Venture? (2)”
There are a number of options available to you:
- use your own funds;
- bank loans;
- business angels;
- small firms loan guarantee.
Wherever possible you should use your own funds. That way you wonâ€™t be burdening your new business with loan repayments. Obviously this wonâ€™t always be possible. Continue reading “Who is Going to Finance Your New Venture?”
If you are familiar with the term â€˜real estate agentâ€™, then itâ€™s easy for you to understand what business broker is. If real estate agent is dealing in finding the buyers for the selling houses and earns commission, business brokers is dealing in selling small and medium companies. It could be the local pizza store, the laundry, mini marts up to manufacturing and wholesaler companies. Continue reading “Business Brokers”