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Five Tips for Analyzing an Income Statement
In today's article, we’ll be looking at the income statement, which is the most deceptively simple of the major financial statements. I say simple because it’s just a list of all the revenue, minus all the expenses, to calculate what’s left over...
Increase Your Page Rank Through SEO
Search Engine Optimization (SEO) must be considered a process and over time you can build your ranking and traffic.
Remember, “Rome wasn’t built in a day.”
This article provides 10 SEO tips that will build your search engine rank.
1....
Small Business 101: Deadly Ignorance
American small business is again in transition. Many employees, now working from home, are no longer tied to a geographic office and the woes of commuting. This is a relatively new phenomenon with hints of explosive sector growth in the days...
Staying Sane Survival Tips for Small Business Owners
Your lunchtime thoughts are comprised of brilliant marketing strategies and anxiety over bill payments. You’re the CEO, human resources director, janitor, and administrative assistant all wrapped up into one. You open the doors at dawn and lockup...
The Hidden Power Of Understanding: A Secret To Building Massive Momentum In Business
You're busy with your business today, aren't you? You're pushing your mind and body to the limit just about everyday to handle all the activities that need to be done. But something is not quite right with this picture. Didn't you get into...
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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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