Banks Financial Analysis

The fakers: how to avoid them when searching for financing the project

Did you ever see a show where Marilyn Monroe lookalike fake or Tina Turner or even Cher? It looks very much like the real deal that can barely tell you the difference!

While this can be very entertaining when you pay to see such a show, and sometimes it's not very funny. People come to me regularly with a bias before its formation. Last Why? Because they've come face to face with the merchant bankers like him or financiers of the project, paying money for their services, he did not receive funding.

. What's going on? Well, one of the first things you should watch out for lenders / investors, who call themselves the "bancs". Not "bank" but the "Bank" - the difference? Fake banks! There are lenders there are those who call themselves bancs, such as "national body" or "investors bench" or "body vigilance." This is not in fact the banks, and can not guarantee funding like a real bank would, so watch out for those vampires.

There are also brokers fake there (shocking, I know). These brokers rely on fees, and will make customers believe they have the money, either on its own or to invest connected investors with "deep pockets." They will collect their fees and then it will disappear (and this is why our image up top have the money monopoly - it's just not real, and not for these people).

even while clients reach me, they often have been "played by these types of people and institutions once at least, and sometimes twice, and they come to us full of fear and complaints. They do not want to sign up fees, but they do not want any kind of money exchange. they just want 100% financing. Unfortunately, this is not the way of things, and you've got to put fuel in the car if you want it to run. but let me say here that if you are looking for funding

1) always doing your own research. look in the background of the financier and make sure they are who they say they are.

2) If you're in talks with a broker, find out if they belong to any professional associations

3) check the title! you will be surprised at what you will discover an imminent simple Google maps - and we know of people out there who call themselves financiers or middlemen, and when you search for the title, they're working from a small apartment in a random street !

4) Beware of false promises. If what is being promised it seems too good to be true, it is.

At the end of the day, and sometimes it come down to a gut feeling. Trust your instincts. This is why the merchant banker Secretary financier would welcome a chance to meet either in their offices or through electronic conferencing. Sometimes there are unsavory characters, and there are a lot of scary stories, there are people who cheat. While I am certainly not part of the fakers club, and I am well aware of them, and we hope to address them here.

Important functions for an action plan

all day for business or small business owners know and respect the importance of having a plan of action. But most of them in favor of him for their company after it has been used to invest remain hidden. Thus, it is important because it plays an important role in the growth and development of your business.

business plans are documents that clearly describe the objectives of the company along with all the big and small details about it. It is almost like the blue print how you plan to build a company or your organization. At the same time they play an intermediary role to communicate over for investors and banks.

Not only do they went to register a company toward its goals, according to the strategies and believes that it is, but even in the management of your business depends on the business plan. Before you finish writing a plan to have only a faint idea of ​​what you plan to achieve milestones that want to conquer. After writing the plan, and to clarify its objectives and prepare a plan of action. He describes everything about your organization.

position in the market and the products or services, a brief background story, target customers, and your budgets, your finances, strategies, and so it contains all the details related to the amount of money you need to start or proceed. It is a financial instrument.

final work plan, ready can provide guidance for entrepreneurs to organize and create ideas to move forward. It will also contain details of where you stand your company now, where it is going, and where they plan to go. You can break down goals into milestones to be achieved in a year.

If you were not the work may upgrade your company's plan, now is the time, a lot depends on it.

you may wish to. Read more in: you might want to. Read more at: write a simple business plan and sample business plans you an example of