Are you looking for funds to develop your business project?
Do you want to finance your company in an effective way, without having to deal with bank employees, who do not give you satisfying answers?
Do you have an entrepreneurial project that you would like to achieve in order to grow your business, but you lack the necessary monetary resources?
I decided to write this article to disclose dedicated material that will allow you to reach your goal:
4 FUNDAMENTAL STEPS THAT NO ONE HAS EVER SHARED WITH YOU BEFORE
If you have already looked for solutions to finance your company or your business projects, you may have realized that this type of research is NOT EASY.
You may have faced a series of difficulties that have slowly transformed the desire you had into a fragile dream, or even caused you to stop searching.
I have been there myself and I know how much frustration comes from not always being able to achieve an entrepreneurial dream because the necessary resources are not available, or the unforeseen circumstances typical of a country become obstacles.
Regardless of how hard you work, you have to deal with people and partners who don’t provide you with the help you need.
There are reasons why this happens:
- they don’t have the right tool for you;
- they don’t have your vision;
- they don’t share your project;
- they do not understand;
This kind of hardships, though, can be overcome and often more easily than one would think it possible.
The problem is that we lack the knowledge and the competence to meet with this specific need.
Also I had to learn how to find an effective method to finance business projects by by trial and error. Persevering with determination proved vital.
School do not teach in practical terms what are the most effective strategies to access credit, and even when you start your own company you don’t get these kind suggestions.
However, the good news is that there are solutions that can help you accomplish your business projects.
Not all of these solutions will suit you, but each is effective in its field of application.
This is because there are factors that go beyond the tool itself, but are consequences of how you have led your company so far.
The aim of this guide is to provide you with the elements and the understanding of what are the right actions to be carried out to achieve your intended result.
With my Kredway clients, I start by considering their baseline, that requires analyzing the situation the company is currently in. This is the crucial first step in the process.
I do this to provide them with a complete roadmap and an ongoing guidance.
As I have already said, these are not things that are taught in school and the majority of entrepreneurs believe that the evaluation of the accountant is enough to access credit.
Thanks to careful research I pinpointed and isolated the specific tools that are most effective in helping companies obtain credit, without unnecessary delays.
The following are the main steps you need to take when you want to find liquidity for your business.
CREATE A POSITIONING STATEMENT
- Identify what makes you unique in the marketplace compared to your competitors;
- Differentiate your customer base, by not leaving most of the revenue in the hands of only few customers;
- Plan your future with well-defined and scheduled projects;
- Don’t think like an employee, but think like an entrepreneur.
NOT TO DELEGATE WHAT CANNOT BE DELEGATED WHEN IT COMES TO
- Taxation: the accountant is not your business partner, you are the owner and you must always know where you are and where you are heading.
- Banking relationships: the bank manager is the best salesperson in a specific branch, not a friend of yours.
- Marketing and Sales: relying on advertising agencies is like leaving your car in the hands of a child. Our Kredway customers are supported by a team of dedicated specialists who help them build a cutting-edge business plan.
- Administration: finances must be in good order and you must manage the company using qualified personnel, not chosen because of family ties. Thanks to Kredway, our clients always have under control not only the financial situation but they have access to the same information that credit institutions possess.
- Always re-invest first your company
- Corporate profits must be constantly reinvested. This will make you be favorably seen by credit institutions.
- Plan your growth and don’t think about the taxes you have to pay because by increasing your business you will face them easily. With Kredway, our partners never have unpleasant surprises and banks are happy to work with them for the kind of relationships we can get them to create.
- Devote money to advanced tools (things and people) to constantly improve your positioning.
BOOK-KEEPING IN PROPER ORDER
- Book-keeping must always be in order and up to date.
- Your company’s balance sheet consists of:
- Profit and loss account
- Balance sheet
- Cash flow statement
- You need to have this data handy every month. With the Kredway method this is no longer a problem and our clients find it significantly different when compared to the classic technique used by their accountant.
ADDRESS A PROFESSIONAL THAT SPEAKS THE LANGUAGE OF BANKERS
- Turning directly to banks is risky because these institutions are reluctant to speak with those who do not know their language and have not taken all the necessary steps, mentioned above, to get themselves ready in the way they require.
- You need a professional who has the capacity to see who you are, what you do; who can understand your company and what it demands to thrive, and who approaches banking institutions in a non-needy manner.
Kredway means for you finding the right partner to analyze your situation and identify the right tools to meet your needs.
If you want to know which is the best specific solution for you using the KREDWAY method
Contact us now!