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Six sources of equity finance
Outline of the various sources of equity finance available to businesses.
Product life cycle
Key stages of product life cycle, and how you can use this information to increase profits and generate sales.
Ensure customers pay you on time
Actions you can take if a payment you are due is late.
Product life cycle - key stages
Understand the sequence of stages your product goes through in a typical product life cycle.
When does a payment become late?
The point at which a payment becomes late depends on whether you have agreed a credit period with the customer.
Product life cycle strategies
Key strategies to consider throughout the different product life cycle stages, and how to make the most of each stage.
Tips to ensure customers pay you on time
Ways to actively reduce or eliminate bad debt among your customers.
When to charge interest on late payments
You have a statutory right to charge interest on any money owed to your business.
Factoring and invoice discounting
How to improve cashflow by selling your invoices to a third party.
The cost of factoring and invoice discounting
Credit management fees and interest.
Invoice discounting
Invoice discounters offer an advance on the total amount owed to you by customers.
Advantages and disadvantages of business budgeting
The benefits and potential drawbacks of budgeting for businesses.
Requirements when applying for a bank loan
Banks have a number of core criteria which they will take into account in assessing your finance application.
Advantages of credit checking customers
Why credit checking current or potential customers is so important.
Signs your business is overtrading
Be mindful of the symptoms of overtrading so you can try to prevent it.
Causes of cashflow problems in your business
Common causes of cashflow problems including late customer payments and seasonal demand.
Crowdfunding
What is crowdfunding and how can it be used to finance a business.
Funding for innovation start-ups
How to fund an innovation start-up through private financing, equity investments and publicly funded schemes
Funding product or service innovation
Where to find innovation funding and support to start or grow your business through innovation and carry out innovation projects
Concept development and testing
How to define new product concept and test it with your market segment to determine if the product will be a success