Starting a Business Without the Debt

Starting a business can be a great money-making venture that can earn you a great deal of cash. It’s never easy to get started though, as there will be funds required in order to set up your business in the first place. Different businesses will need more cash but pretty much all businesses will need some. Borrowing from a bank may be an option but it is not the best way to start out as you could end up in a lot of debt. Check whether there are grants available to you. Often the government or other bodies will have finance options available to help new business people and entrepreneurs. Understand the available options and make full use of any money that is available to you. Contact a specialist finance company and see what options they have. You may be able to get a better value loan or they may...

Finding an Investor for your Business

An investor is a good way for you to raise some extra capital for your business. The challenge is finding someone that you trust to become your investor. If you’re thinking about investment opportunities, here are some ideas: Look for an angel investor. These are people who will invest in failing businesses and help to get them back on their feet. This is quite limited, however, as you will need to be going through significant financial struggles. It won’t be suitable for, say, a business that simply wants some money to renovate an office. Take all the advice you can get. There is a lot of free government advice available for businesses. Look through it all to find anything that could be relevant to you and your company. Find an investor you know. As an industry professional, chances are you know a lot of people. Network, ask around and don’t...

Start Up Loan Opportunities For The Creative Industry

If you are starting up a business in the creative industry and are aged between 18-30 needing a loan in Scotland, then you should have a look at The Prince’s Trust and their Youth Business Scotland programme. If you meet the criteria, then you can try and apply for a loan up to £5000. You also may be able to receive a grant of £1000, and also receive support, advice, networking opportunities, finance management advice etc. Businesses that are deemed as eligible for support; Music Literature Publishing Film/Video Product Design (Craft, Fashion and Textiles) Digital Media Performing Arts (theatre, dance) Visual Artists/Galleries Community Arts Have a look at the Princes Trust’s website for more information.

Crowd Funding For Business

As a start-up business or a business looking to expand you will take into account different sources of finance. Crowd funding could be an option for you. It offers an alternative method of sourcing capital to conventional methods such loans that may be unfamiliar to some. Crowd funding is the method whereby you pitch your idea and research to a community (usually online platforms) to ask them for a pledge to your project. You would offer that community a carefully considered reward depending on how much they pledge and fulfil upon completion. The reward would then have to be given to the people who have given the pledge within a few months. Things that one needs to consider when looking into crowd funding from the onset is that it is an all or nothing process. If you have your calculations incorrect or get your target wrong you could end up...

Beneficial Business Advice for Small Startups

Some might say that during these tough economic times, it’s extremely risky to start a business. We don’t fully agree with this suggestion because starting a business has always been risky – you’re never guaranteed success. To help you get started on the road to success we’re providing you with some pieces of business advice. First and foremost, make a business, plan. It should contain some kind of strategy to achieve your goal, whilst taking into consideration your budget requirements and expected profits. Secondly find out how your competition is, do you homework on them, because if you don’t know who they are, they’re likely to know who you are, and it could mean out-competing your business. Think of ideas as to how and why your business is better for customers than theirs. Start off with a low number of employees, perhaps even juts family members it can save cost...

Financial Accounting jobs

Chartered accountants provide the day to day accountancy services that make businesses run smoothly. They support the development and implementation of corporate strategy, as well as prepare financial statements and reports for investors, owners and other key stakeholders of a business. What is involved? •    Maintaining financial records and preparing and interpreting statements. •    Developing profit projections and cash flow forecasts. •    Formulation of accounting and reporting policies. Key skills needed for a financial accountant job •    Numerical and analytical skills. •    Written and oral communication skills. •    Working well in a team. www.ijobsfinancial.co.uk is a leading online jobsite for accountancy jobs, finance jobs, banking jobs and insurance jobs in the UK and internationally. Whether you are looking to get into these professions or want to progress your career we have a wide range of new vacancies posted daily. Search our listing of current accountancy jobs or submit your CV...