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.
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.
Controlling cash flow is a crucial part of running a business. Spare cash can be invested in growing the business, for example by buying new equipment or building up stocks to satisfy future demand.
Making sure you have enough funding to start or grow your business is vital. Relying entirely on your own funding may not be an option, or be too much of a personal risk.
Trading internationally can be an exciting opportunity to take your business to the next level. But at the same time, exporting and importing present a new set of financial challenges.