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Six sources of equity finance
Outline of the various sources of equity finance available to businesses.
Ensure customers pay you on time
Actions you can take if a payment you are due is late.
Checklist: starting a social enterprise
A checklist of key questions you should consider to help you succeed when setting up a social enterprise
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.
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.
Potential problems when buying a business
Be aware of potential issues that may affect your purchase of an existing business.
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.
Preparing to sell your business
Options for selling your business, making it attractive to purchasers and finding advisers.
Streamline your business operations when selling your business
Steps that reduce the risk for potential buyers of your business and can increase the price they are willing to pay.
Is selling my business the right exit strategy?
How your objectives as the owner and manager, and for the business itself can help determine the best exit route.
Advantages and disadvantages of selling your business
There can be benefits to selling your business but you should also be aware of potential disadvantages.
Choosing advisers when selling your business
The role of accountants, solicitors and corporate finance advisers in the sale of your business and how they charge.
Ways to sell your business
Options for selling your business - partial sale, selling in instalments, sale of assets, sale to an equity buyer.
Signs your business is overtrading
Be mindful of the symptoms of overtrading so you can try to prevent it.