Angel investors are usually successful entrepreneurs, retired business owners or corporate executives in search of investment opportunities with promising businesses. They’re looking for an investment they can get a return on their money, but often also contribute to an industry, region, town or business community. What angel investors will expect In exchange for funding, angel… Read More

Although the impact of rising interest rates varies by business, it’s usually preferable for most small businesses to have low interest rates. It’s cheaper to borrow money to grow, or at least with stable interest rates, you can plan for and repay whatever loan you committed to. Cracks can appear however, when interest rates climb… Read More

Your balance sheet and profit and loss statement are two key financial documents as they help uncover what is going right and what can be improved in your business. Overview Many businesses only look at their financial documents once a year, often when provided by the accountant for the end of the year. This can… Read More

Before you decide to apply for business finance, it’s important to have all the information at hand. The more organized you are, the better your chances of success. Before you go and see your bank manager, prepare the following: How much it’ll cost to either buy or set up the business, including what stock or… Read More

Crowdfunding is when you raise capital from the ‘crowd’, or the general population. It’s usually facilitated by online platforms such as www.kickstarter.com and www.indiegogo.com (ask your industry networks or search online for what may match what you’re doing). Some businesses find it a great alternative than the normal method of borrowing or seeking capital directly from angel investors, friends… Read More

When you start your business, you’ll want to minimize costs any way you can. Every dollar you can save while starting up is one more dollar you won’t have to finance. Commonly known as bootstrapping, you’re looking to save wherever possible by eliminating any unnecessary overheads, needless expenses and nonessential assets. Look for alternative ways… Read More