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The 4-Step Guide to Franchise Finance – Step 4: Everything Else

Introduction Understandably when you purchase a business there are quite a few aspects you need to be across and manage, not just the finance. This is why it’s very important to have quality people around you, providing advice where required. In this step we explore...

Five Ways to Increase Your Profit

There are five key aspects that exist in every business--features that can be multiplied to deliver attractive bottom-line profits. These are the five simple aspects to increase profit: Leads: Of course the total number of people who have...

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What is a Finance Lease?

How it works With this finance option, the lender purchases the vehicle and then leases it to you. You then enjoy the use of the vehicle or equipment for an agreed time in return for making rental repayments to the lender. You can also lease a...

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What is a Chattel Mortgage?

A Chattel Mortgage (Mortgage) is a commercial finance product typically used by businesses purchasing vehicles. Under a Mortgage, a financier lends money to you to purchase a car or other motor vehicle (the "chattel"), and you will make regular...

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Why Does My Bank Need a Business Plan?

Bankers make loans, not investments, and as a general rule, they don’t want to wind up owning your company. So they need clear information on how your business will make money and how you will repay the loan. They are also guided by strict...

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