Debt financing

This is money loaned to the business from outside source that is paid back over time.

Key considerations in debt financing include:

- Retaining more control over your business.
- Payments strain on the cash flow.
- Imposition of restraints and conditions for repayment of the loan.

Types of debt financing are:

- Operating (A/R and Inventory)
- Short term (current assets)
- Long term (fixed assets)

Timing of financing

Entrepreneur who approaches a financier must be thoroughly prepared. This involves completing the business plan. There are ten factors to consider when an entrepreneur is timing for finance. These include:
1. Be prepared when meeting with an investor or banker. Have a completed business plan, executive summary or prospectus, and financial statements with you.
 Demonstrate your knowledge of the industry
 Know the strengths and weakness of your plan
 Understand your financial information
 Be clear and concise about the opportunity
2. Make sure you have the ability to repay or retire the investment.
3. Emphasize Managerial Abilities and credentials; particularly with equity investors whose investment decisions are largely driven by their confidence in your ability to grow the company.
4. Invest some of your own capital to demonstrate your own commitment and belief in the business.
5. Develop a long term financing strategy.
6. Find financing to suit your business. Be prepared to walk away from a deal if you don’t like it. (Easy Finance and Teachers).
7. Seek strategic alliances or joint ventures with suppliers or clients to leverage your financial resources.
8. Use your contacts. Networking is the key to β€œgetting the world out”.
 Make a list of everyone you know.
 Add a list of everyone they know.
 You will be amazed at how you can came up with someone who knows, or knows someone who knows, a key investor you may be trying to get reach. This really works!

9. Re-examine the capital structure of your business regularly to ensure it is appropriate. Proportion of bank financing, private investment and owner’s equity may change depending on the circumstances.
10. Know your financing objectives. Do you want to control or do you want growth? Sometimes financing growth means giving up control.

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A Dress proper ladies

Two young ladies arrived in a Meeting wearing clothes that were quite revealing their body parts. Here is what the Chairman told them: He took a good look at them and made them sit. Then he said something that, they might never forget in their life. He looked at them straight in the eyes and said; "ladies, everything that God mande valuable in this world is well covered and hardly to see, find or get.

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A Priest has just requested that this be shared, kindly reflect on it. Thanks

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A How do you forget?

How do you forget ?
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Have a wonderful new year 2017,
Be blessed In Jesus Name !

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πŸ’šI love this, πŸ’šβž–βž–βž–βž–βž–βž–
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A young man was
getting ready to
graduate from
college. For many
months he had
admired a beautiful
sports car in a
dealers showroom,
and knowing his
father could well
afford it, he told him
that was all he
wanted.
As Graduation Day
approached, the
young man awaited
signs that his
father had purchased
the car. Finally, on
the morning of his
graduation, his father
called him into his
private study, told
him how proud he
was to have such a
fine son, and how
much he loved him.
He handed him a
beautifully wrapped
gift box.
Curious, but
somewhat
disappointed, the
young man opened
the box and
found a lovely,
leather-bound Bible,
with his name
embossed
in gold.
Angrily, he raised his
voice to his father
and said,"With all
your money you give
me a Bible?" He
stormed out of the
house, leaving the
Bible behind.
Many years passed
and the young man
was very successful in
business. He had a
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wonderful family, but
realized his father
was very old. He
thought perhaps he
should go to him.He
had not seen him
since that graduation
day.
But before he could
make arrangements,
he received a
telegram telling him
his father had passed
away, and willed all
of his possessions to
him. He needed to
come home
immediately and take
care of things.
When he arrived at
his father's house,
sadness and regret
filled his heart. He
began to search
through his father's
important documents
and saw the Bible,
new,just as he had
left it years ago.
With tears, he
opened the Bible and
began to turn the
pages. His father had
carefully underlined a
verse, Matt 7:11,
"And if ye, being evil,
know
how to give good
gifts to your children,
how much more shall
your Heavenly Father
which is in Heaven,
give to those who ask
Him?"
As he read those
words, a car key
dropped from the
back of the Bible.It
had a tag with the
dealers name, the
same dealer who had
the sports car he had
desired.
On the tag was the
date of his
graduation, and the
words…
PAID IN FULL.
How many times do
we miss God's
blessings because
they are not
packaged as we
expected?

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A Avoid a bad Marriage

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By Pastor Chris Oyakhilome PhD.

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A Mathematicians view of life

Mathematicians say LIFE is like a line segment drawn from point B to point D.

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A How to bring people around you

Begin with praise and honest appreciation. Call attention to peoples mistakes indirectly. Talk about your own mistakes before criticizing the other person. Ask questions instead of giving direct orders. Praise the slightest improvement and praise every improvement. Let the other man save his face. Give the other person a fine reputation to live up to. Use encouragement. Make the fault seem easy to correct. Make the other person happy about doing the thing you suggest.

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