There are a number of instances when you may need to determine the market value of a business. Certainly, buying and selling a business is the most common reason. Estate planning, reorganization, or verification of your worth for lenders or investors are other reasons. Valuing a company is hardly a precise science and can vary depending on the type of business and the reason for coming up with a valuation. This article looks at some of the common methods used to determine the value of a business.
If you've found a property you'd like buy to for your business, the next challenge is to apply for a bond.
When you approach a potential financier to provide a loan for starting or expanding your business, it's best to be aware of some of the terminology that may be used and what they mean. This article provides you with a list of terms related to financing and finance that it would be helpful for you to know. While this list isn't the complete financing lexicon, it does point you in the right direction.
Access to finance is one of the biggest obstacles to the survival and growth of startup, small and medium businesses. Finfind has been specifically developed to address this challenge for this vital sector. Finfind is an innovative, online platform that automatically matches the seekers of business finance with appropriate funders from a comprehensive, up-to-date database of more than 450 SMME finance offerings from the public and private sector funders in South Africa.
The South African government is well aware of the importance of developing the economy, creating employment and attracting foreign investment. To make these goals a reality, there are grants and assistance programmes available from the government and associated organisations that can get your business off the ground and expanding. Unlike a loan, a grant is an award of money that is non-repayable. While the government is one of the best sources of grants, its selection criteria is strict and paperwork intensive, and the receiving business is obligated to spend the funds in a manner specified by the provider.
Money makes your business go. But don't try going to a bank to get it when you've just started in business. Banks normally make loans only to businesses with operating histories. This section will give you some alternatives, some strategies and some things to think about as you go about finding the money to make your business work.
A small business needs business loans to cover cash flow gaps, add to the working capital or to grow the business. There are many ways that you can finance an upgrade for your business by applying for a small business loan. Knowing how to get finance is important for small business owners. Here are a few helpful tips on how you can receive funding for your business.
Due to the socio-economic landscape of South Africa, obtaining business finance is one of the biggest challenges that entrepreneurs and SMEs face and, therefore, one that many find daunting. This articles goes through the various stages of applying and obtaining business finance for your business, which will make the process easy, and help you to be approved with little to no hassles.
Whether you are planning on buying a car for personal use or if you need a new company car, the process of finding finance can be a daunting task. However, having a business vehicle is important for most businesses, especially those that specialise in transportation, whether you’re transporting goods or people. Getting finance for your business vehicle doesn’t have to be difficult. Here are some tips on how your business can receive business vehicle finance.
You may have heard of this form of financing, but aren’t sure what it is and if it’s an option for your business. The basis of debtor financing is that you use the debtor (normally an invoice) to raise capital against it. The major advantage is that you do not have to wait for your debtor to pay you. You raise funds against the invoice, so you have working capital to be used in the business.
This loan payment calculator allows you to calculate the figure of your loan repayments. The calculator is split into two sections. the first section looks at how to calculate your monthly repayments for your mortgage, home equity, or car loans. The second section looks at how to calculate the impact of extra payments in addition to your existing monthly payments.
The National Empowerment Fund (NEF) was established by the National Empowerment Fund Act No 105 of 1998, to promote and facilitate black economic equal
Before you approach the bank or other form of financier to fund your start-up or business expansion, you need to be sure that you've done you
When asked, the majority of entrepreneurs will tell you that access to finance is their greatest challenge. Funders may target certain industries, types of business or even geographical areas. By knowing who and where these financiers are, you can approach the most appropriate organisation that meets your business's specific needs and goals. This document provides an overview of organisations that provide funding to the smallest micro businesses all the way through to medium-sized enterprises in South Africa.
Starting costs, or business start-up costs, refer to the expenses entrepreneurs acquire when first starting up their businesses. What is included in your start-up costs as well as how much the costs actually are will depend on the type of business you would like to set up and the industry you want to enter. This start-up costs calculator will help you determine and outline the costs you will need to start your business.
Pitching to potential funders is not easy. Here are some suggestions to help you put your best foot forward.