Banking
Bankruptcy: The B Word
If there is one word that scares entrepreneurs and businesspeople alike, it’s the “B” word – bankruptcy. For the individual concerned, it means the loss of assets and a significant impact on their ability to obtain credit, travel overseas or manage a corporation during the bankruptcy period, which normally lasts three years. For a creditor, [...]
Bowling over your bank manager
Banks are in the game of lending money, so why do we often get hit for six when seeking finance and how can you give yourself the best chance of being selected for approval? STUMPED At some point many of us have suffered the disappointment of rejection when making a loan application [...]
Cashflow 101: the King and I
Cash is king… and no one except Elvis is likely to disagree. So why don’t we ever have enough and how can we fix cashflow problems without selling off part of our company?
Business valuation… a black art?
Value, like beauty, is in the eye of the beholder. While experienced investors use a range of tools to calculate the worth of a start-up or early stage company, some also believe that valuation is more art than science. So what is this ‘black art’ and how do experienced investors make their decisions?
Cash killer
The man who brought us e-finance Belgians are famous for exporting delightful, frivolous products like beer and chocolate. However, leading Belgian entrepreneur Michel Akkermans is responsible for introducing a far more profound product to the world: e-finance. His latest company, Clear2Pay, gives financial institutions the ability to offer branded electronic payment services to clients. With [...]
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