raising finance

How to Startup a Business – 5 Practical Tips for Success

How to Startup a Business – 5 Practical Tips for Success

Advice on how to start up a business has been written about almost every day and the advice follows the usual steps. 1. Come up with the business idea 2. Research the market for the product or service 3. Write your business plan along with your forecasts for the numbers…

How to increase Profitability – 10 Key Tips

How to increase Profitability – 10 Key Tips

There are hundreds of articles written about increasing profitability and it’s easier said than done. The easy part is to understand what needs to be done but the hard part is achieving it especially in large businesses. That said, there are only 2 parts of a formula you need to…

Startup funding sources – Bank loans

Startup funding sources – Bank loans

Do banks lend to startups any more? Probably not is the answer in the current climate. Since the financial crisis, most banks do not lend to startups nor to most businesses they would have before the crisis hit. However, there maybe the odd startup that’s got a business plan and sufficient…

Crowdfunding – is it the answer to Startup funding?

Crowdfunding – is it the answer to Startup funding?

Crowdfunding is the new phenomenon of funding for startups and is growing fast. Crowdfunding is online funding through web sites that enables you to describe your business idea and raise money from a crowd of small investors. Some better known sites are Kickstarter , Indiegogo, Crowdcube, Seedrs with many more proliferating.…

EBITDA – it’s importance in your Business

EBITDA – it’s importance in your Business

EBITDA is the figure commonly used to measure a company’s value and how well it performs against other businesses. EBITDA stand for earnings before interest, tax, depreciation and amortisation and isn’t usually shown separately in formal financial statements. Usually its earnings before interest but after depreciation that’s shown in the…

Off Balance Sheet financing – what does it mean?

Off Balance Sheet financing – what does it mean?

It’s a form of financing used to fund assets that do not have to be shown in the balance sheet. And the next question, is why? Well, the nature of the financing is such that the total liability doesn’t have to be recorded on the balance sheet thereby making the…

How good is your Accountant?

How good is your Accountant?

 To survive and prosper in business, you will need a lot of factors to go right for you. Having a good accountant can be one of these key factors. How good is your accountant? If you can answer yes to these questions, then you’re well on the way to getting…

Different funding sources for business

Different funding sources for business

Raising funding is something you may have to keep doing whatever the state of your business – if you’re starting up, wanting to grow your business fast or expand it. For small to medium sized (SMEs’), raising funds can be a difficult process since they may not have enough assets…