Your business plan outlines what your business does and what you are trying to achieve. It explains what the market opportunity is, what makes your business special and how you will make it a success.
They know their customers inside-out, they’re proud of their product quality and their speed-to-market is remarkable, but Alpkit’s success is also founded on superlative stock management. David Hanney explains why it’s vital to get working capital really working.
Financing is a priority for almost every community organisation. The more money you can raise, the more you can achieve - but competition is fierce for the limited amounts of funding that are available.
If you have decided to invest or reinvest in cars for your business, raising the money is unlikely to be a problem. Provided you have the cash for the deposit and a reasonable credit record, any dealer will arrange terms.
If you have a promising business but cannot provide the security needed for a conventional bank loan, the Government's Enterprise Finance Guarantee scheme may be what you need.
Your business plan should be the roadmap for how you run your business - and it’s vital if you want to attract finance. Follow our tips to create your plan.
Good advisers can make a huge difference to a business. From the start, they can ensure that a new business is set up the right way, with effective financial systems, the right contracts and an understanding of the key legal issues.
Using the right advisers helps ensure that you deal with important financial, legal and other issues the right way. Advisers can also act as an excellent sounding board for your ideas, offering general guidance as well as specialist expertise.
Richard Bearman, Head of Business Banking HSBC UK, on Small Business Loans
Richard Bearman, Head of Business Banking HSBC UK, on common sources of start-up funding: Raising enough money to start a new business can be a challenge. Here, Richard Bearman, Head of Business Banking HSBC UK, talks though the main options and why it’s wise to mix and match them.