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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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Have you done your annual entrepreneurial health check?

NZ Entrepreneur

This means it’s even more important that Boards and owner-operators conduct regular health checks on their business to ensure their operations have a solid foundation. It’s also important they allow the business to position itself for growth, or simply to avoid the pitfalls of financial distress. Governance.

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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. But, this should lead to a thorough, well-planned review of bootstrapping alternatives, since bootstrapping can reduce cash requirements in the pre-cash flow phase.   Appropriate covenants.   Appropriate covenants.

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