Monday 23 January 2012

Need unrestricted cash flow for your small business? Say yes, to vendor credit lines...

Vendor credit lines are nothing but revolving credit accounts for the products or services that your business needs from a respective consumer. Usually, these vendor credit lines last for a term of 15, 30 or 60 days. Most prominent vendors in the United States are extending business credit for the retail or small business owners who use their products or services. The count of these vendor credit lines is rising daily and has already surpassed the 50,000 mark. These vendor credit lines do no seek any personal guarantee or collateral of sort. What is more, they also do not seek your previous payment history from these business credit reporting agencies. Thus, small businesses are constantly looking at them as excellent options that promise easy availability of raw material at the same time conserving cash for more important expenses.

Business credit reporting agencies also allow you grants without basing it on your personal credit scores. They usually do not levy any credit charges but they only seek business’s credit report for approval. These vendor credit lines are unsecured, thus you could get your required bit without any guarantee, personal security or collaterals. Some vendors will require a deposit and then float the balance for the agreed upon time period. Thus, seek a reliable vendor line to see your small business flourishing & yet conserving cash at hand during critical times!

For More Info visit us at : www.FundFactor.com

Wednesday 11 January 2012

Caution: Simple ain’t Stupid!

Here we are with simple tricks to maximize your business plan’s efficacy. But the biggest word of advice has already gotten around in the title of our blog this time, keep it simple! That is what you ought to do if you want people to invest in your idea: write a business plan and keep it simple. With a straightforward wording & formatting, a business plan will be really lucrative.

• Keep it short

Cover all that you can in 20 pages of text. So choose your words wisely and keep the information crisp, adding other documents and evidences at the back of the BP. The one-page Oprah plan might make a good executive summary, but it’s not enough to get the investment.

• Fine polish attracts

Thus, polish the overall look for that holistic feel. Work on the physical look of the text too, to make it more appealing. Use a brilliant and legible font i.e. Verdana, trebuchet, Tahoma etc. Remember, most of the investors will skim through it while multi-tasking.

• Forget Jargons

Avoid buzzwords, jargon and acronyms, for not everyone knows the full form for these slangs.

• Straightforward Language

Long complicated sentences only ruin the game. It is best to keep the text short and brief to ensure quick comprehension. Also, write most of the content in bullet points, but avoid cryptic pointers. Flesh them out with brief explanations where explanations are needed.

• Don’t Overwhelm the Graphics

It is best to strike a fine balance of graphics & text. For pictures and diagrams can effectively illustrate a point, too many illustrations however come across as clutter.

Few other things like white space management, using page-breakups judiciously, performing spell-checks and proofreads will enhance the quality of a business proposal. It will also get you the desired moolah to optimize the business opportunity! Investors neither appreciate entrepreneurs who envision a great business opportunity, but don’t have any written business plan, nor do they think highly of entrepreneurs who present long product specifications with a few financials at the end. Both of these are failing strategies. A simple, readable and intelligent business strategy can easily sell even the most complex proposal, for a business plan that is easily understood and looks professional is already half sold. Simple is not stupid.

For More Info visit us at : www.FundFactor.com