Establishing a new business under current market conditions can be very difficult; Not only do you have to get your brand/product/service advertised to attract customers, just getting the company off the ground can be challenging. One of the major sources of problems for small business’s is access to finance, typically to help with cash flow and bridging problems that can occur especially in the early months or even years of a start up…..
Today Darlene discusses the finer points with our host Nick Snow.
1. What’s the deal, why do small businesses struggle to access finance?
2. What do the stats say, where do most entrepreneurs get finance from?
3. I’ve heard that there are there different types of finance available?
4. Who are the finance providers, we all know about banks, who are the others?
5. What can entrepreneurs do to prepare themselves to access finance?
6. What if they have a bad credit record?
7. Lastly, what other advice do you have for entrepreneurs wanting to access finance?
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