how to finance your growth
TRANSCRIPT
![Page 1: How to Finance Your Growth](https://reader034.vdocument.in/reader034/viewer/2022042722/589ab97b1a28abff4f8b6697/html5/thumbnails/1.jpg)
Growing a business takes a great deal of effort and cash.
It is inevitable that as you expand you need more stock, more people, more kit, more room – the list is endless and it all has to be paid for – or has it?There is a link at the end of this deck to the associated blog and webinar recording
Finance your growth
How to
![Page 2: How to Finance Your Growth](https://reader034.vdocument.in/reader034/viewer/2022042722/589ab97b1a28abff4f8b6697/html5/thumbnails/2.jpg)
How to Finance the Growth
in your business!
The cash crash
Ian Priest
![Page 3: How to Finance Your Growth](https://reader034.vdocument.in/reader034/viewer/2022042722/589ab97b1a28abff4f8b6697/html5/thumbnails/3.jpg)
There are many ways of
funding your business but
they fall broadly into two
categories – Internal and
External
![Page 4: How to Finance Your Growth](https://reader034.vdocument.in/reader034/viewer/2022042722/589ab97b1a28abff4f8b6697/html5/thumbnails/4.jpg)
External funding – free money
![Page 6: How to Finance Your Growth](https://reader034.vdocument.in/reader034/viewer/2022042722/589ab97b1a28abff4f8b6697/html5/thumbnails/6.jpg)
• What type of debt• Loans• Overdrafts• Credit cards• Directors loans• Commercial mortgages• Invoice Finance• HP• Import / export loans
![Page 7: How to Finance Your Growth](https://reader034.vdocument.in/reader034/viewer/2022042722/589ab97b1a28abff4f8b6697/html5/thumbnails/7.jpg)
• But the bank said no!
![Page 8: How to Finance Your Growth](https://reader034.vdocument.in/reader034/viewer/2022042722/589ab97b1a28abff4f8b6697/html5/thumbnails/8.jpg)
Prepare your submission to the bank carefully – if you don’t know how to go about it get some help
Make sure you get the right product – take advice (not from the banker)
Shop around
![Page 10: How to Finance Your Growth](https://reader034.vdocument.in/reader034/viewer/2022042722/589ab97b1a28abff4f8b6697/html5/thumbnails/10.jpg)
BizSmart aims to help business owners of small and medium sized businesses to create value and scale their businesses through sound practical business support by providing insight, Clarity combined with a real determination to help you succeed.
You can access webinars and presentations like this and more besides through our SmartRoom service here
You can read the associated blog and listen to a live recording of this presentation by clicking here
You can read Ian’s profile here
![Page 11: How to Finance Your Growth](https://reader034.vdocument.in/reader034/viewer/2022042722/589ab97b1a28abff4f8b6697/html5/thumbnails/11.jpg)
•Need a sounding board for your ideas?•Need to know what to prioritise?•Want someone to challenge your assumptions?
![Page 12: How to Finance Your Growth](https://reader034.vdocument.in/reader034/viewer/2022042722/589ab97b1a28abff4f8b6697/html5/thumbnails/12.jpg)
BizSmart – Where Smart people go to surround themselves with other Smart people, to gain business success.