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10 Things You Will Like About A Home Based Business
Here's a few things I've discovered along the way that you will like about owning your own home based business.
1.You Are The Boss
How many people endure a Boss that undervalues your contribution to the organization? Or one who takes...
Managers, Got a Grip on Your PR?
What are you trying to do with your business, non-profit or association public relations program? Get a little publicity for a service or product? Or, perhaps, you’re doing what you really should do, persuade your key external stakeholders to...
Phone Tips To Get Things Done: Professional Phone Skills
It happens all the time, you hear someone over the telephone and you make a generalization about the person you are speaking with. It may not be fair and it is akin to judging a book by its cover, but it's true nevertheless. Within 60 seconds,...
Seven Key Tax Deductions for the Self Employed
As a sole proprietor, it*s wise to familiarize yourself with the some key deductions that may reduce your tax bill for 2004. Small-business consultants generally recommend that you hire an accountant to prepare your tax returns, payroll and...
The New Ways To Do The Business: MBA or CIO?
The old and standard business administration concepts included in any current MBA program are very important, but today the companies are very different.
This new situation strong demands a new MBA program including the General Control...
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Last chance to get Small Firms Loan Guarantees?
The leader of our SFLG team commented this week: “I called the DTi today and they say that the new regulations will be in place by the end of the year and maybe by the end October/beg November. They are working on it now and expect to make an announcement with exact dates of the roll out about September time. The deadline will mean that any companies over 5 years old will need to have their loans approved by the lenders and arrived on the desk of the DTi before the cut off date. Any received after that date will not be likely to get funding. The associated publicity may also lead to a rush of applications which in turn might cause delays.”
Earlier this year the Government welcomed and accepted Teresa Graham's recommendations on the future of the Small Firms Loan Guarantee (SFLG), designed to maximize the support that the scheme offers to small firms. Key points of the recommendations -
• Expanding the lending limits to £250,000 per business for all eligible businesses
• Raising the turnover limit to £5.6m for all eligible businesses
• Reducing bureaucracy by making changes to the operation of SFLG
• Better targeting of SFLG at start ups and young businesses by introducing a maximum age limit for eligibility of three years' trading activity, and reserving a segment of SFLG funding for lenders with a clear focus on high-growth businesses
• Incentivising an increase in SFLG penetration, particularly wider geographic availability throughout banks' network of branches
• Encouraging new lenders to join the scheme
• Allowing successful serial entrepreneurs to benefit by removing the current £250,000 limit on lending to any individual
POSSIBLE ACTION – Apply now while you are still eligible and before possible delays? We are currently averaging 8-10 weeks for approval.
More information www.strategyconsultinglimited.co.uk/sflg.shtml or from Stephanie Dickson on 0845 838 0936
John
J. G. Courtney AIMC, MABS, MInstD
Managing Director
Strategy Consulting Limited
john@strategyconsultinglimited.co.uk
Funding: BUSINESS ANGELS - SMALL FIRMS LOAN GUARANTEES - GRANTS - PROPERTY FINANCE
Strategy: STRATEGY - BUSINESS PLANNING - NON-EXECUTIVE DIRECTORS - WORKSHOPS
Marketing: MARKETING STRATEGY - SEARCH ENGINE OPTIMISATION
About the Author
JOHN COURTNEY
The Managing Director of Strategy Consulting Limited,(www.strategyconsultinglimited.co.uk) John Courtney has been a Company Director for over 20 years, and has been a Non Executive Director for several SME's. John has trained at The Academy of Business Strategy and is also a visiting lecturer on the MBA course at Cranfield University School of Management.
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