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 some of the other main aspects you will encounter. Step…
Introduction If you have been following the steps outlined already in this series, you are in good shape: You have now completed robust research into the franchise and engaged valuable third parties to assist you with their knowledge of similar transactions; You have engaged an experienced Commercial Finance Broker, solicitor and accountant You have got…
Introduction Now that you have found the perfect franchise, engaged your Commercial Finance Broker, solicitor and small business specialist accountant, now what? Part-2 of the series looks at the Planning Stage. Now comes the time to plan how you will be successful in your new venture – in writing. You need a written plan to…
Introduction Have you ever wanted to own your business but not sure where to start? Is the sheer idea of arranging finance for a business overwhelming? Purchasing a franchise is a great opportunity to be the creator of your own success. This 4-part series will provide you with an invaluable overview of what to expect,…
These are the five simple aspects to increase profit: Leads: Of course the total number of people who have contacted or who have been contacted by your business–over the course of a year. Conversion rate: The percentage of people who actually make a purchase from you. For example, if ten people walk through your business…
Lo Doc Finance Edgeview Direct can assist you with your Low Doc Vehicle Finance Application. This can be the solution for those who are self-employed, or who have started a new business that may have limited financials or be unable to verify their income. If you haven’t completed your tax return, or are waiting on…
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 vehicle which you have already purchased in the last…
Most small businesses are now outsourcing a variety of tasks because technology has advanced to the point of professionals being able to work from where they choose, coupled with the availability and accessibility of extremely qualified professionals such as virtual executive assistants, marketing directors, graphic designers, transcriptionists, paralegals, web designers, HR consultants, bookkeepers, PR directors,…
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 repayments. You will take ownership of the vehicle at the time of purchase, but the financier…
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 lending rules – to allow them to comply with their internal…
