|
|
Lots of businesses grow very slowly. Or don’t grow at all. They do the same as they did last year, maybe producing a nice little income that they’ve got used to. I’m not really interested in those businesses, even though they’re probably doing lovely things. I’m interested in the businesses who want to expand and grow. [...]
When I see a business which needs some money to do new things, the first thing I’ll look at is the organic cash flow model. This is where you finance the new things from the money which is already coming into the business. [...]
I’ve been doing quite a lot of work recently for clients who want to get some investment into their companies, and the question of EIS (Enterprise Investment Scheme) has come up with a couple of people, so I thought I’d share some practical advice with you. [...]
You might want to give someone shares in your business because they’re going to invest money. You might want to give someone equity because you want them to work in your business, or to motivate someone who already works there. Getting an equity investment is a great way to get money into your business, because it helps cash flow. [...]
Many companies at the moment are facing cashflow difficulties and having difficulties in raising funding to cover shortfalls in working capital – or toiling to pay the bills.
The biggest single cost for most people is the wage bill. That’s the troublesome one which comes around every month. Reducing your wage bill by sacking [...]
|
Julia Chanteray at The Joy of Business helps small businesses to develop and grow. She uses her years of experience of running successful businesses to advise, support and mentor businesses in Brighton, Sussex and London.
Stay in touch Follow me on Twitter
Subscribe by RSS
Email Me
Phone me up
Sign up to my newsletter
|