Friday, May 19, 2017

Insights Into Financing Your Start Up Business With Blueprint

Starting a business begins long before you fill out an application for business financing—and addressing these issues can help you secure that financing. Every startup needs access to capital, whether for funding product development, for initial rollout efforts, acquiring inventory, or paying that first employee and most entrepreneurs think first of bank loans as the primary source of money.

Write a detailed business plan

  • You wouldn’t start building a house without a blueprint; you shouldn’t start your company without a business plan
  • Business plans typically map out the course of the business for 3-5 years, and are reviewed and revised regularly as the business moves forward
  • There are many books and online resources that can help with writing a formal business plan; the Small Business Formation website is a good place to start

Set up your professional support system

  • Find an accountant who specializes in your type and size of business
  • Depending on your business, you may also need to engage the services of an attorney
  • Having the right professionals in place from the start accomplishes 2 major goals: They'll have a complete understanding of your business from day one, and your time will be freed up to run your business

Handle those administrative details

Now you can start thinking about financing

  • Most businesses qualify and get funded within 24 hours, no collateral, nominal paperwork and flexible payment schedule. Merchant must be based in the USA, have been in business at least 6 months with a minimum monthly revenue of $10k to qualify for funding. Getting funding is as easy  as 1-2-3!
Kabbage has advanced over $1,000,000,000 to help small businesses grow.Kabbage is the #1 provider of working capital. In minutes, Kabbage can provide working capital to small businesses to help them grow.

  • Access banking support and convenient tools to help you reach your business goals with Bank of America Customized small business banking solutions to improve your cash flow and streamline your business. Get access here 
SafteyNetCredit  (SNC) offers an alternative to traditional payday and short term loans.  Over the past few years SafteyNetCredit has grown aggressively to over 170k customers who report back excellent TrustPilot reviews (9.2 out of 10). 

Tuesday, May 16, 2017

How The Concept of Social Investing Net Is Revolutionizing Start-Up Business World

Social investing network is game-changer product that allows both novice investors and seasoned professionals to make smarter investment decisions, by tapping into the wisdom of the crowds..

You KNOW you’re destined for greatness — you can taste it — but you spend quite a bit of time feeling frustrated with what you haven’t accomplished. It doesn’t have to be this way.

Success leaves tracks. In other words, if you study — and follow — the steps other successful business owners have taken, you, too, can (and will) achieve success.

It’s complicated. Business success comprises so many facets, and weaknesses in any one of them can lead to underachievement. Learn the skills, strategies and techniques you need to propel your profits by increasing your sales and winning the hearts of your customers.

Discover the amazing features of social investmets – the modern investment program where investors can follow suitable traders and make money anytime those traders profit!

This is perfect opportunity to network with traders and local investors, and gain the knowledge needed to grow your business. Get Stated here   

Every year, grants, loans and alternative funding provide hundreds of millions of pounds in growth finance for small businesses. Good news for an ambitious start-up, but how can you take advantage?
Here, we’ll cover off the top funding sources for small businesses right now, with a few examples to get your research started.

Get support with a start-up loan

You may have noticed that small businesses and self-employed people are all over the big banks’ advertising right now. And for good reason; small-to-medium-sized enterprises (SMEs) make up a key part of the working population.
The numbers are only growing, and with that comes choice. But with literally thousands of options, where do you start?

That depends on a few key questions. Before you start approaching banks and lenders, get straight with how long you need the money for, how much you need, and what is going to be your security, in order to secure your loan.
Banks will ask these questions almost straight off the bat, so being prepared is key. Remember though, this is positive; you’re asking for money to grow your business. It’s as much about what the lender can do for you, so research, compare and ask around.
Start Up Loans could be a good place to start. They’re independent, and the organisation has years of experience in supporting small businesses.

A bank loan and overdraft

You could pop in to any high street bank branch, and ask for an appointment with their small business banking representative. Even if that branch doesn’t cover small business facilities, they should be able to point you to the nearest one that does, and give you some paperwork to read.
Banks may brand their SME financing as a ‘fund’, ‘scheme’ or ‘programme’ (and some campaigns may float your boat more than others), but in reality, any financing will be in the form of a loan, and an overdraft, so pretty traditional.
All the usual suspects will have a bank loan for small business package, so do an online business bank account comparison with a service like MoneySavingExpertbefore you hit the high street.
If you’re a little way down the line, venture capital may suit your business better. Either way, the Private Equity & Venture Capital Association is worth a look.

Incubators and accelerators

You know something’s hot when it involves the word ‘incubator’. And right now, SME facilitation is hot property, for brands, boroughs and bigger businesses.
Incubators provide office space and support (which can include funding) for small businesses, plus a ready-made networking hotbed. Accelerators do much the same, but on a temporary-basis, helping small businesses focus on growth over a period of weeks, or months.
Finding an incubator or accelerator that works for your set-up is pretty easy. You just need to research and get yourself used to an external space, rather than your kitchen table office.  Get the security of a business line of credit today. Qualify for a line up to $100,000 in minutes. No cost or obligation to draw funds. Take only what you need, when you need it. Pay only for what you take. Access your cash 24/7.Claim Offer here 

Funding can be part of the discussion if that’s what you’re after. A quick Google search will yield some comprehensive lists of who to approach, and incubators are a big part of many regional or local business support centres and networks.

Asking family or friends for a business loan

Whether it’s a grand for a new laptop or a much bigger, growth-intended loan, the clear advantage with sorting out a family loan is just that, familiarity. There are no rigorous application procedures or interviews (or maybe there are, and kudos if so!), and you can probably rely on less stringent repayment terms.
However, the phrase ‘money and friends don’t mix’ is worth considering, if not heeding. If you’re asking family or friends to part with cash to fund your business, they (and you) must set out clear terms, and an expected repayment schedule, as appropriate. Consider taking legal advice if it’s a bigger loan, and set everything out in writing, so that you can revisit and enjoy watching the business grow, from the same page.  Customized small business banking solutions to improve your cash flow and streamline your business. Claim Offer here