How much new investment does your Small Business need to meet its growth target?

HOW MUCH NEW INVESTMENT DOES YOUR SMALL BUSINESS NEED? Let's say you want to sell your small business for £2m in five years time. How've much new investment do you need? In order to be certain that you will find a buyer prepared to pay you this amount you will need your small business to produce about £350,000 of profit in year five. This is based on a small business selling multiple of 5 time...
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GROWING YOUR SMALL BUSINESS? YOU’LL NEED A BUSINESS PLAN THEN

SMALL BUSINESS GROWTH PLAN You've decided on a small business growth strategy and need to raise finance. You know what kind of finance you want so the next step is to document your Business Plan. Without this it will be impossible to convince anyone to invest in you and your small business. It sounds daunting but it doesn't have to be. In its basic form it is simply a statement of: - what you ...
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I WANT TO GROW MY SMALL BUSINESS – WHAT ARE MY OPTIONS FOR RAISING FINANCE.

I WANT TO GROW MY SMALL BUSINESS Once you've given serious consideration to the pros and cons of expanding your small business and feel comfortable that the answer is a definite yes then there are several actions required. The first one is to produce a detailed Business Plan (we'll come back to this) before you decide which source of growth finance is right for you and your business. Let's look a...
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Should I grow my small business? Five key questions.

Should I grow my small business? This may seam like a stupid question, but you would be ill advised not to consider it before investing your time, money (and nerves) in growing your small business. Not all small business owners are cut out for this course of action. Not all small businesses are capable of being expanded in a profitable fashion either. Here are five key questions you should ask...
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10 THINGS I’VE LEARNT IN BUSINESS

10 THINGS I’VE LEARNT IN BUSINESS
Things I've learnt in business and business consulting #10 www.lodgebusinessconsulting.co.uk Making more profit is great, but it's only part of the process in terms of running a great business. You now need to work on turning this into cash. Cash is the life blood of any business. The quicker you can turn a sale into hard cash the better. However, it's this aspect which small business owners...
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Things I’ve Learnt in Business #10

Things I’ve Learnt in Business #10
Making more profit is great, but it's only part of the process in terms of running a great business. You now need to work on turning this into cash. Cash is the life blood of any business. The quicker you can a sale into hard cash the better. However, it's this aspect which small business owners seem to find the most difficult to do. The best way to be successful at collecting your money is take t...
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