Once you have made the decision to purchase a business, your next question probably turns to practicalities- how do you make it happen? A major part of this is likely to involve funding the project, which may in turn involve raising finance to facilitate this. The method of raising funds for buying a business depends on a number of factors…
It is vital for business’s to keep on track with growth, performance and financial planning. New Year Business Resolutions might include: • Review and update your business plan, every small business must be guided by a business plan. … • Consider your staffing needs for the New Year. … • Check in with your customers. … • Revisit your pricing.…
Will the UK lose its financial standing once it leaves the European Union? This is a question that is currently on the minds of politicians, businesses and employees both inside and outside of the UK. Businesses, looking on from the outside, will also be keen to understand what it will mean for their investments. While no-one currently has the answer…
Ten years ago, failure of financial systems caused crisis and a economic disaster. Since the crisis, the Bank of England has been building a safer system supported by 2 factors – First, it has been given responsibility for the supervision of individual banks and building societies. Second is the creation of an authority in the Bank with new powers –…
Unsecured business loans – an update As many of you know, I get heavily involved in quick unsecured lending to businesses. It can be quite eye opening to them when they realise what’s available, the timescales involved and the ‘non-traditional’ forms of repaying these loans. In response to this, here is a quick bullet point summary of the current marketplace…
The UK’s economic growth is predicted to be between 1% and 2% this year and sterling is currently competitive in foreign markets. This means that there are excellent opportunities for businesses that want to invest in future growth. However, for many smaller businesses, finding the funds for these plans can be a challenge. As well as business loans from the…
Whether you are considering borrowing to buy a house or for your business, one of the things you will need to consider is whether you want a fixed or variable rate loan. Fixed rate lending If you choose a fixed rate mortgage the interest you pay will stay the same for a set period which is usually between two and…
An economic recession is defined as a decline in gross domestic product (GDP) – the market value of the goods and services a country produces – for two or more consecutive quarters. In the USA private equity investors are predicting a downturn in the UK’s economy over the next two or three years as a result of Brexit. Is there any…
Whether you’re taking on the renovation of your own home or a property refurbishment project, short-term development finance can get you underway with funding for property purchases and building costs. Because you will add value by developing a property or site, you will be able to cover the cost of your loan by selling for a higher price or charging…
