As access to 'traditional' sources of credit continues to be a problem for many small companies, 'alternative' sources of finance are becoming more attractive for many small business owners. Before the banking crisis, most small companies could reply on their banks to provide borrowing facilities. These days, not only are borrowing terms less favourable than they were, but some banks have been arbitrarily slashing overdraft limits for businesses which are deemed to be 'risky bets'.
Alternative forms of finance include factoring (to free up the value of your invoices for a fee), and public sector initiatives such as the Enterprise Finance Guarantee Scheme (which has had mixed reviews to say the least).As savings rates and stock market yields have tumbled in recent months, many investors may also consider investing in small businesses.This form of investment presents an opportunity for small businesses seeking working capital or replacement to bank debt. It is more stable as capital cannot be withdrawn - whilst bank debt may be pulled at short notice.At the same time, many small companies will benefit from the valuable advice and support that experienced investors can provide.
Here are some of our most popular guides to attracting investors:Essential facts about business angelshttp://www.bytestart.co.uk/content/finance/funding/business-angels-finance.shtmlBusiness plans for business angelshttp://www.bytestart.co.uk/content/businessplans/30_2/business-angels-plan-1.shtmlHow to secure business funding for start-ups http://www.bytestart.co.uk/content/finance/funding/business-funding.shtmlS
ource: Bytestartwww.ukba.co.uk --Posted By UK Business Advisors to Boost Your Business on 5/19/2009 05:11:00 PM
Tuesday, 19 May 2009
Monday, 11 May 2009
Are Job Losses Slowing?
According to Warwick Business School there were around 24,000 job losses in the four weeks to mid-December, 47,000 in January, 24,000 in March and just 7,000 in the four weeks to April 12th.
If the Warwick figures provide an accurate predictor then the labour market could recover sooner than economists forecast. "Although the data are not an indicator of unemployment per se, I think the steep fall in the ‘announced job losses' gives a pretty good indication that the labour market is recovering somewhat," said Thomas Prosser, researcher at Warwick university.
Official statistics recently revealed that the number of unemployed people in the UK has risen to 2.1m - the highest figure since 1997.www.ukba.co.uk
If the Warwick figures provide an accurate predictor then the labour market could recover sooner than economists forecast. "Although the data are not an indicator of unemployment per se, I think the steep fall in the ‘announced job losses' gives a pretty good indication that the labour market is recovering somewhat," said Thomas Prosser, researcher at Warwick university.
Official statistics recently revealed that the number of unemployed people in the UK has risen to 2.1m - the highest figure since 1997.www.ukba.co.uk
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