Accountants, Tax Advisers And Business Consultants
|
|
|
Accountants, Tax Advisers And Business Consultants |
|
|
RAISING FINANCE |
|
|
Every business from its commencement and through its development and growth will need finance. But what type of finance is best suited to the development of the business, and who should you approach for funding? We can provide professional advice as to the types of finance available and the planning required before approaching any lending institution. In doing so it is necessary for us to carefully analyse and consider:-
|
|
|
Ø |
Is finance required? |
|
|
Ø |
Tapping existing resources |
|
|
Ø |
Can the business’s existing working capital be improved?
|
|
| We will then advise you on all these matters and suggest any possible ways in which the current financial circumstances of the business can be improved. If further finance is then required we will then prepare a Business Plan which will include the following details:- | ||
|
Ø |
The purpose of the required funding |
|
|
Ø |
The business ownership and history |
|
|
Ø |
Management and responsibilities |
|
|
Ø |
Products and market share |
|
|
Ø |
Sales plan and strategy |
|
|
Ø |
The financial position of the business with detailed cash flow forecasts and past accounts. |
|
|
Finally of course we will advise you as to the available types of finance suitable for your own requirements and prepare the necessary documents for the lender. These could include:-
|
||
|
Ø |
Bank overdrafts |
|
|
Ø |
Medium to long term loans |
|
|
Ø |
Mortgages | |
|
Ø |
Leasing assets, hire purchase or outright purchase | |
|
Ø |
Debt factoring or invoice discounting | |
|
|
© 2003-9
Fenn & Co, Chartered Certified Accountants
Copyright Fenn & Co - Created by Webtints
2003-2009 |
|
