Cash Flow is vital for your business - it's food! Your business is hungry and will eat cash to pay for electricty or phone calls or your stock. You need to be focussed on where this food is going to come from so that your business doesn't starve.

The book contains guidance on forecasting your cash flow, and this website will soon have a sample spreadsheet for you to download. Watch this space!

Funding Your Business

The best way to fund your business is through selling your products or services. Many businesses have started up with key customers paying in advance for their first orders. Really, really try to finance your business in this way.

If that's not possible, what money could you put in yourself. Also, what money could friends or family lend you?

The next option to consider is whether you could finance any of the assets in your business. This could include leasing machinery or vehicles rather than buying them. It could also include factoring your invoices (a finance company effectively 'buys' your sales invoices from you, at about 85% of face value, they then pay you the remainder minus a hefty fee when the invoice is paid).

The final options are around debt. You could take out loans for long term borrowing, or an overdraft to cover a short dip in your cash flow. Avoid debt if at all possible!!

| Cash Flow is vital for your business - it's food! Your business is hungry and will eat cash to pay for electricty or phone calls or your stock. You need to be focussed on where this food is going to come from so that your business doesn't starve.

The book contains guidance on forecasting your cash flow, and this website will soon have a sample spreadsheet for you to download. Watch this space!

Funding Your Business

The best way to fund your business is through selling your products or services. Many businesses have started up with key customers paying in advance for their first orders. Really, really try to finance your business in this way.

If that's not possible, what money could you put in yourself. Also, what money could friends or family lend you?

The next option to consider is whether you could finance any of the assets in your business. This could include leasing machinery or vehicles rather than buying them. It could also include factoring your invoices (a finance company effectively 'buys' your sales invoices from you, at about 85% of face value, they then pay you the remainde