Recent content by Admor

  1. Admor

    Business Plan

    I support business owners and charity boards to write business or strategic plans. I always say the type/content of plan depends on the purpose/reader. But most people I meet don't know how to word a good plan; how to get their message across; how to structure the financials for funders. It...
  2. Admor

    Small Business Advice

    Your second post mentioned you may need a mentor. It sounds to me like you do need 1-1 Mentoring - especially if you are understandably reluctant to be fully open on this Forum. Here is a free Business Mentoring Portal: http://www.mentorsme.co.uk/ While (like forums) it can be a little...
  3. Admor

    Buying an establised bussiness, finding finance

    The size of the deposit is only one factor and most lenders look primarily for the ability of the business to repay any debt. To help establish that, they usually seek a Business Plan including Cashflow projections and so I am not sure how you are getting any quotes / responses when you say you...
  4. Admor

    Business Plan Advice

    As with many of these things it depends....... Also, all things are relative. If long and detailed = 30 pages and short = 1 page, then the former. If long & detailed = 300 pages and short = 30 pages, then the latter. I am a believer in owners using good quality templates to provide structure...
  5. Admor

    Best way to make a simple business Plan

    No thanks, I offer similar advice. My point was more that your post seemed to infer that you had received great service rather than it was actually your own business that also posts to this site. It may have been more open to point that out to the members. No need to reply, I wasn't trying to...
  6. Admor

    Best way to make a simple business Plan

    I notice this is your own business.
  7. Admor

    Writing up a Business Plan - Is it really needed?

    I notice this is your own business.
  8. Admor

    Business Plans

    I guess some of the 35 ideas have a better chance of success than others? If so I suggest: If you have not yet done this, prioritise them in terms of most likely to succeed / biggest growth and profit potential / best chance of attracting funding / capital Take say the top 5 and try to get...
  9. Admor

    overdraft for cash flow

    You believe wrongly. http://www.invoicedi.scounting-uk.co.uk/unapproved_debts.htm
  10. Admor

    overdraft for cash flow

    This may be a bit late as I see the post is over a month old, however: 1) I believe debtors of £35k is too low for most Invoice Discounting providers, especially as they do not generally finance contracting & they disallow for aged debts, concentration risk etc 2) It sounds like you need a...
  11. Admor

    New business idea

    Do you know which one would make you the most profit, based on realistic figures?
  12. Admor

    Break Even - Cash or Profit??

    It is wrt profit.
  13. Admor

    Have you received money through the government's Enterprise Finance Guarantee scheme?

    Your Bank should only consider you for the EFG Scheme if you have no tangible security to offer. I assume your £500k asset is unencumbered (no debt against it), so why the EFG? Or is it not a property asset? Although the asset is not in the same company where you want to borrow, you can get...
  14. Admor

    Best way to make a simple business Plan

    John D, Actually yes. Scalloway has suggested the main template offered by Government Business Support Units, there are many others that you could find with a simple internet search, including this simpler version from Barclays...
  15. Admor

    Best way to make a simple business Plan

    Templates are a great starting point for the core information you need in a Business Plan. However, I have seen Plans where the writer stuck to a standard template and while some were ok, many others were poor. There were irrelevant details added because a heading existed in the template. I...
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