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Have you done your annual entrepreneurial health check?

NZ Entrepreneur

Breaching facility limits and covenants – this can take the form of a company breaching its overdraft facilities with multiple excesses each month. Lack of strategic direction – a company should have a clear business plan with measurable milestones and targets. Governance.

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What Factors Should You Consider When Comparing Franchise Opportunities?

Up and Running

Post-termination covenants. In addition to the possibility of facing liability for “lost future royalties” as discussed above, as a prospective franchisee, it is important to be aware of any other post-termination covenants in your franchise agreement as well.

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10 Things the Bank Will Ask When You Need a Business Loan

Up and Running

One of the first things overly-optimistic entrepreneurs discover as they look for funding is that banks don’t fund business plans. The need for collateral also means that most small business owners have to pledge personal assets, usually house equity, to get a business loan. Business plan.

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13 Exclusive Business Loan Tips For Entrepreneurs

YoungUpstarts

Nevertheless, requesting a loan remains a very important task for a startup entrepreneur or any other business owner. If this situation is familiar to you, don’t hesitate to read the following tips to avoid unnecessary trouble in making your business plans a reality. Arrange Future Business Loan Repayment.

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Back To Biz: The Rulebook For Starting Your Own Business

YoungUpstarts

Before you open the doors to a new life as an entrepreneur and long before you start picking out your first BMW, experts agree that a solid business plan is a vital platform for any aspiring business. Join me as we consider the elements which must be in place to give your business a solid basis for success. Conveyancing.

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How should I finance my new venture? - Startups and angels: Along.

Tim Keane

How to prepare a sales forecast for a business plan » March 09, 2011.   If plenty of cash flow regardless of plan for sale/retention of business: Senior bank debt based on cash flow coverage and new assets.    Appropriate covenants. Maybe Small Business Administration guaranteed loan.

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