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Where to go for funding when all you’re hearing is “No”?

So, you run a revenue generating business with strong growth potential based on a product or service that meets a specific need, in a sector that is growing. You and your team are keen to build the business but you need funding to take it to the next level. But that’s where you’re stuck. You’ve talked to the banks and they’re not playing ball. It seems it’s all in the balance sheet; they want to see robust sales with consistent growth. You can show the sales but, for various reasons, your running costs, margins and volume aren’t what they could be, so the balance sheet doesn’t look pretty and your growth strategy isn’t cutting it.

Understanding Finance for Business meets The Business Hub

A contingent from the ‘Understanding Finance for Business’ team dropped in to The Business Hub studios on Friday to record today’s show.  In case you are not aware of The Business Hub, it’s a relatively new local radio show focused on business issues and it started up a year ago.  In fact today’s show is […]

Are there still grants out there to support innovation?

With public sector cutbacks now well and truly upon us, you could be forgiven for thinking that grant money is in short supply. You’d be right; several schemes have already been put on hold pending the Government’s review of public sector spending commitments, most notably…