Matt Philp delves into the thorny issue of personal guarantees when raising capital.
Margaret Russell's insight:
Ideally a small business owner does not want to risk their house, but the reality is somewhat different, particularly for start-ups. To avoid this we see debt factoring being used more these days, but it is only good for a business that is growing, not an established one tht is struggling to keep afloat.
According to a study conducted by financial services franchise First Class Capital, small-to-medium-sized (SME) owners are in need of additional working capital, yet only 30 percent have borrowed money.
You may be surprised to learn that taking headache tablets, may actually give you a headache! Here is another surprise for you. An injection of cash can cause or exacerbate what a lot of business owners call Cash Flow Problems ...
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