Friday 4 February 2005

No-Nonsense Guides To Small Business Launched

Two comprehensive new guides aimed at helping small firms raise the right funding for their business have been launched. Produced by Business Link, the No-Nonsense guide to Small Business Funding offers advice on a number of topics including: self-funding your business; obtaining loans and overdrafts from the bank; Government grants, and who may be eligible and when and how to seek small scale equity investment.

The second guide, the No-Nonsense Guide to Finance for High Growth Companies, can help SMEs make the most of expert advice, locate the most appropriate funding for them, and advises on the best way to secure it. This guide covers issues such as: the importance of right funding mix; how to best utilise traditional finance such as loans, factoring and invoice discounting; investment from business angels and venture capitalists; deciding whether to float your company; making a pitch, and negotiating terms and managing investor relations.

Both guides are free and are available online at or by calling 0845 6009006. Launching the guides, Small Business Minister Nigel Griffiths said: "Time after time, small firms say to me that raising finance is a top priority for them. These new guides can help them make the decision over which funding route is right for them."

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This fourth edition of the bdaily xtra looks into some of the issues connected with the regional assembly and asks whether it is capable of bridging the divide between the rich and poor regions of England... more >