Benefits of a Business Loan

There are many benefits in choosing a business loan, some of which are listed below:  What’s the fastest way of raising money for your business idea? A business loan, but what kind of loan should you get and who should you get your loan from. You could ask family and friends for a loan but they might not be as convinced about your winning idea as you are.   Where you go for finance depends on how much you need to raise and how you set up your business. Sole traders and partners are liable for all the debts in a business venture, whereas with limited companies, the directors are liable only for the amount of debt they personally hold in the company.  A business loan is designed for a wide range of UK small, medium and start-up business needs including the purchase, refinance, expansion of a business, development loans or any type of commercial investment. Finance is the lifeblood of a business. Without it you cannot grow.   Business loans are one possible source for business cash. You should be sure that the specific need for the money is applicable and that the loan is suitably structured.

Business loan applicationDownload Business loan application from ©  Business loans have a variety of advantages over other forms of finance:  Flexibility: A business loan allows you to preserve your cash and working capital.   Retention of Ownership: You retain the current ownership of your company instead of raising funds by selling an interest in your company to an investor.   Cash Flow Management: Business loans can provide you access to capital with minimal up-front payments and the flexibility to design a loan repayment schedule suitable to your finances.   Budgeting: Business loan schedules are fixed at outset, which means cash management is more predictable.   Tax Advantage: Interest payments on your loan are tax deductible.  Business loans are generally available from £50,000 to £1,000,000 at highly competitive interest rates from leading commercial loan lenders.   Business Loans can offer up to 79% LTV (Loan to Valuation) with variable rates, depending on status and length of term.   Business loans are available for Self-Declaration with CCJ’s & Mortgage Arrears

A business loan can be secured by all types of business property, commercial and residential properties.   Business loans are normally offered on Freehold and long Leasehold.  A Business Loan can be used for:  Acquisition, expansion or renovation of premises Taking an interest in a professional partnership or business Injection of capital into a business Development finance Debt consolidation

How To Become A Business Analyst

A career as a business analyst, or BA, can be rewarding – it can involve some technical areas that information technology professionals are known for, and can involve communicating and working with other people outside the information technology industry which can be great as well. Find out more about how to become a BA in this post. There Isn’t Really A Set Business Analyst Career Path I feel I should point this out straight away. There isn’t really a set path to becoming a business analyst. There aren’t any (that I know of) degrees in becoming a BA. Sure, there may be junior business analyst roles out there, but you still need some knowledge and ideally some experience to be able to be a successful business analyst. If you speak to business analysts you know through work or other connections, you might find that they commenced in one of two methods: – Commenced in a technical role (e.g. development) and moved into business analysis – Started in a business role (e.g. a business user or manager) and transitioned into business analysis

When I started as a BA, I was originally a software developer that moved into a more analysis role. This doesn’t always need to be the case – you might work in networking or testing and make a similar move. I would think that most of my readers, who are IT professionals, would make the move from technical to BA, rather than from business user to BA. How To Move From Development Into Business Analyst Ok, so assuming you’re in a programming position (or a similar IT role, such as testing, networking, support, etc), and you’re interested to move into business analysis. What do you need to know? What are your biggest questions and what should you start with? Well, the role of a business analyst, as mentioned in a recent article, is to determine business requirements to solve a business need, and turn them into technical details that the information technology teams can work with. You may have done this before, from the information technology side, or you might not have. No problem if you haven’t.

You should aim to develop the skills you need for a business analysis role, such as: – Communication skills (talking to people, asking questions, phone calls) – Determining requirements based on talks with users – Developing documents that can be understood by business users – Industry knowledge Communication Skills for a Business Analyst A important part of a business analyst’s role is communication. They would spend a lot of time speaking with clients, team members, project managers, team leaders and other stakeholders for a project. Communication skills improve with time, but it’s a good idea to practice yours, work on them, determine what your weaknesses are and improve on them as well. Areas such as listening, asking the correct questions, speaking to people on the phone, group discussions and negotiation all form a part of the communication skills that you’ll need. Requirements Gathering Is An Important Skill Discovering how to gather requirements is a skill you’ll need to learn if you want to become a business analyst. Being able to speak with users, determine what their concerns are with current processes, and document them in a way they can be matched to a requirement of a system is a skill that takes practice and experience. Basically, a requirement, or business requirement, is a thing that a software or system needs to be able to do to achieve what it is being built for. For example, I’m writing this post in Microsoft Word – one of the requirements for building that software is that it needs to save files in a certain format. If it couldn’t save files, it wouldn’t be a successful application.

Determining priority of requirements is needed as well – this would be found from the users that you talk to. To use the Microsoft Word example again, the Spell check feature is a requirement, but possibly not a high priority one – the program will still operate without it. Industry Knowledge Is Great For Business Analysis Knowledge of the industry that you work in is a good way to help your business analysis career. Sure, building an information technology system may just involve getting requirements and making something from them, but to get those requirements it helps to know about the industry that the business is in. If the company is in the finance field, and if you have knowledge of bank transactions and loan processes, it could come in handy for determining requirements. Users have this knowledge, where information technology people don’t usually know a lot about the industries if they’re beginning as a business analyst. It will help you get higher quality, more correct requirements and improve the overall quality of the result. In summary, if you’re in an information technology role and searching for how to become a business analyst, I think that improving the skills that business analysts need, (such as communication, requirements gathering and industry knowledge) will be a great way to step into a career as a business analyst.

How Can I Start a Work from Home Business

Starting a home business has many rewards and challenges of which I will share in this article to include many different options that you may want to consider. In asking, ‘how do I start a work from home business’, you have taken the first step in considering an option. Whatever the reason for your decision to investigate home business options, knowing and understanding why and what your need for this decision are very important. In today’s economy time constraints, desires for spending more time at home with family, or just simply needing to earn additional income to support your household are but just a few reasons why people seek out these opportunities. Not to mention being your own boss at home continues to be a favorable choice for many. Every day people are taking on additional part time and even full time home business opportunities for increasing their household income as a solution to their individual situations.

Thorough investigation on what type of business you would be interested in would be a great first start. Among my personal preferences that I coach are ways to use various network marketing business opportunities that in turn support the home business to begin with. For instance, using a network marketing opportunity such as Avon, Mary Kay, or Amway while very reputable and successful, these typically do not provide any direct supporting elements of a home business at all. Although if you’re currently involved with one or more of these network marketing opportunities they are still viable options for one of many streams of income. Additionally, the idea is that you want to work from home, not be positioned to host house parties, perform cold calling, handing out samples of this or that to every stranger you come across at the mall. And if you’re like me, bugging your friends and family about your products or business opportunities is not something you would look forward to. However, there are a few strategic network marketing opportunities that you can tie into the back end of your home business that will support your efforts and provide value to you and your customers and a steady stream of income based on your efforts. I will discuss these in just a little bit.

Square away an area that you would mostly be interested in having or using as your office or central place to do work. I often advise that using a soft comfortable couch in front of your TV in the living room isn’t the best place as it may be too easy for distractions or even deciding its nap time! Make a weekly schedule where you can fit in 10 to 15 hours per week that you and your family will recognize as your work time, don’t forget to schedule yourself a day off now and then. In doing so you have a continued structure and your family will be bought in with allowing you the time you need to focus on growing your business. One area of concern I ran into during my early days was that I didn’t have a set schedule. I just did whatever training, follow ups, and marketing that I needed to do whenever I could fit it in. This caused many distractions for me and my family. As mentioned earlier, it’s important to know why you’re starting a home business, and it’s also equally important to not forget your family as the real reason. After all, family comes first.

Buy yourself a nice laptop or desk top computer to use, nothing expensive. You’ll likely want to invest in your favorite version of the Microsoft Office Suite for the Excel and Word applications. Spending a ton of money on a computer for this purpose isn’t necessary so don’t break the bank. Of course the normal routinely ran anti-virus and malware protection programs to protect your laptop or desktop investment is an absolute must. There are many free options available for this, however most new computers come with these pre-installed and will save you tons of money in the event that something went wrong. Not to mention the headache! My personal recommendation is focusing your efforts on self development in regards to leadership, communication skills, relationship building, and most importantly online marketing.

Search online for book stores to visit, you may even consider visiting used book store. I myself have saved hundreds of dollars by purchasing used books. You will learn quickly, that is if you haven’t already, network marketing in itself does not provide any type of real marketing strategies other than word of mouth, and this isn’t marketing at all. However, when you use a marketing system that teaches you how to market in the first place, and is used to funnel people to you through what is termed Attraction Marketing, the need to find someone to tell your business opportunity to is a thing of the past. Through advertising and promoting a marketing strategy such as the Attraction Marketing concept, you will learn how to attract people to your business through various online and offline methods. Many of such methods include article writing, PPC, video marketing, viral eBook distribution, forums, social media, and well, the list goes on and on. Plus, these marketing strategies teach you how to market using these methods in the first place. Resulting in any excuse of not having any experience with marketing as no longer valid. With full support from a current team that also provides a 1on1 coaching platform for your success, you’ll always have fresh ideas and direction on what to do next.

Basically, even though you’re your own boss, being in business for yourself but not by yourself gives you the support you need. That’s comforting in itself and alleviates the fear factor of not knowing what to do or where to go. This leaves the question, where do these home business supporting network marketing opportunities I mentioned earlier come into play? Consider this, through your marketing efforts you will attract people that are already pre-qualified and actively looking for a better marketing strategy or wanting to start their home business. Just like you found and are reading this article right now. Once contact is made with these people that come to you, positioning your network marketing opportunities simply becomes a means to an end. You may be wondering what network marketing opportunities I use that support my home business. Well, I’m not going to tell you. Why? Because I don’t actively promote my network marketing opportunities with anyone, they are simply a facet of my home business. However, when people that do find me and are looking for these types of home business opportunities, my marketing system provides me contact info for these prospects. Just like it will for you.

This in turn is incredibly helpful with your recruiting efforts in duplicating your business and making it easier to establish a verbal conversation with them over a live telephone to learn of their needs and enabling you to provide a solution. Once this has been done, and I understand the needs of my prospect, I am open to freely discuss my network marketing opportunities with them, and again my network marketing business opportunities are simply a means to an end and part of a well rounded home business strategy. I will however provide you with what my network marketing opportunities provides on a high level. My opportunities provide a type of legal insurance that like car insurance, everyone should never do without and has many valuable benefits for your household. I won’t go into those, but I will include that it has an important element for anyone that is putting themselves out there by providing identity theft protection and restoration services. Also included is a huge money saving IRS auditing assistance package that hopefully one would never need.

Let’s face it, working from home, collecting a paycheck from a ‘normal’ full time job then positioning yourself to have multiple streams of income could turn a wary eye on you from those mean old IRS folks. Protection that doesn’t break the bank is a no brainer. I tell most people, like your car insurance, you hope you never have to use it, but you have peace of mind that it’s there. Another facet of a network marketing item I use provides a customer retention and ongoing relationship building system. We don’t want to sell something and forget our valued customers right? People only do business with people they trust, and they only do business with those that show gratitude for their business efforts. Sending a birthday, anniversary, or just a ‘thanks for doing business’ card can go a long way and it’s made very easy and personalized by this second opportunity that I use. So you see, using these two network marketing opportunities and promoting them when the time is right, the value is there, the growth potential is there, and they’re perfect supporting items for any home business.