Home » Archive by category "Company Financing"

How to attract business investors

Deciding to find an investment in a business, you must remember that no one, even the noblest investor, will give you money simply because he liked the idea. What is primarily interested in all those involved in financial investments is their own profit. Therefore, the most important thing in attracting finance is to convince the investor that the investment will bring him a profit. Many people think that if their idea is unbelievable original, it will provide them with 100% success. This is a typical misconception. In fact, most companies, foundations and private entrepreneurs are doubtful of such projects. They are not interested in your idea. They need a steady income. And stability is provided by proven, familiar areas. It doesn’t matter how big your business idea is. It is...

Should I hire an accountant?

  Should I hire an accountant? This is a popular question for new business owners, and there is no simple yes or no answer. Sorting out and managing your incomings and outgoings in one thing but calculating your taxations can prove a little too difficult, that when an accountant comes in handy. Hiring an accountant could save you money in the long run, as they can calculate an accurate tax summary. They will be able to optimise the declaration of any expensive, which could give you a nicer end of year tax figure. Accountants are able to professionally submit your businesses annual tax statement without the risk of getting it wrong, which can often be the case when attempting it alone. An accountant may also be able to offer you...

Start a saving plan for the new year ahead

With Christmas just passed and our pockets very empty, January seems to take a financial strain on us. Planning ahead will help to provide you with a financial picture for the coming year. Many financial companies support providers on our smartphones or online as they are able to assist with financial planning. They can help by providing easy to use data sheets with easy to use options for entering your income and outgoings. They help by displaying a clear visual representation of the coming year, simply download an App or signing up online can keep your finance under control and at your fingertips. These companies also provide information regarding monthly summaries, tips on making better savings and have a support network available should you require it. You are also able...

Saving made easy, when you know how.

Money savings can be very stressful when you are unsure exactly what you need to be doing. One of the hardest parts of saving is the ‘getting started’ part. Firstly, you need to set saving goals and write them down, visualising the amount you require is essential in helping you understand your future needs. Write down what you want to save to do or buy and how long do you have to do this. Now give yourself a budget, limit any over-spending, even changing to a lower budget supermarket can help. Record your monthly outgoings (and this includes your morning coffee and little treats too). Then record your income. Visualise the difference and make realistic weekly and monthly saving goals to get you meet your required savings. Entering your numbers...

Small businesses – Time is money

Many people who dream of starting up their own businesses hit a bit of a crossroads when they have to decide whether to work to earn money that they can put towards their idea, or quit their job to focus solely on their dream job. Sometimes, even with savings you always need that little bit more but it can be risky to head back to work. You may only get one shot at your dream job, so if you wanted to start your own hairdressing business but you didn’t have enough to complete the salon, you may need to work, save and revisit the idea at a later date. Time is money though and by wasting time you could be making it more difficult to get set up in the...