An exciting time for new business owners but it can also be stressful managing cash-flow and setting up a new business.
A few questions that you should ask yourself.
Have you researched your market and all of your competition?
Do you have a business plan and some forecasts?
How much money have you invested and when do you plan on making a profit?
Most of this information is very useful for your own business and also if you need to apply for some finance.
We have put together a list of information you will need and also to apply for any type of funding.
- Business Plan
- Cash flow forecasts
- Investment in the business
- Route to market
- Personal background and experience in the chosen market
- Basic marketing plan such as SWOT analysis
- 3 months bank statements
- Can you offer security on any assets?
We wish you the best of luck in your new venture and remember we are only a phone call away if you require specific advice.