Tag: How

How to become a Business Analyst #stock #market #news


#business analyst

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How to become a Business Analyst

Business Analysts: Making the world a better place, one office at a time…

Business Analysts (known as BAs) are responsible for analysing a business’s processes and investigating how they work. They then identify improvements that can be made and present the case for these improvements back to the business.

Although specific responsibilities vary greatly from specialism to specialism, the role of a Business Analyst will generally include the following:

  • Analysing the business (either one element or the business as a whole)
  • Evaluating all available data
  • Identifying any problems that need addressing or potential improvements
  • Projecting how feasible these improvements are to make
  • Using all of the acquired information to present a business case back to the company which details the solutions
  • Implementing the necessary and agreed-to changes, overall increasing efficiency for the business

To be successful as a Business Analyst, excellent analytical skills are an obvious pre-requisite. You will need to be objective when evaluating elements within the business, combining your observations with an acute awareness of any developments within the marketplace in order to present any outcome.

You will be spending most of your time researching processes and extrapolating data, so self-motivation and the ability to work independently are also necessities.

Other key skills include:

    • Exceptional problem solving skills
    • Superior communication skills, not to mention the ability to be objective
    • Reporting and presentation skills
    • Computer literacy, not to mention proficiency in Microsoft Office (in particular Microsoft Excel)
    • The passion and confidence to justify your suggestions and back them up with solid research and analysis

Being a BA gives me the opportunity to put my analytical and problem solving skills to good use, as well as witness my recommendations being put into practice on a daily basis. It’s not all numbers and analysis, as it often requires collaboration, which is ideal as I love to bounce ideas off the people I work with.

Get qualified

It is not a necessary requirement to have a degree to become a Project Manager. However, it is recommended to have some qualifications specific to the industry.

This course is for anyone who has an interest in Business Analysis, either to become a BA or to further their current career or qualifications. Ideal for entry level candidates.

Learn everything you need to know to become a Certified Business Analysis Professional with this reputable and well-recognised qualification, suited to individuals looking to further their ability within business analysis.


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How to Start a T-Shirt Business – 10 Tips #own #your #own #business #ideas


#t shirt business

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How To Start A T-Shirt Business: 10 Essential Tips

It seems nowadays everybody s selling t-shirts and, if you haven t started already, you might be next. Before you jump into the t-shirt business you might wanna take a few pointers, and we ve got you covered.

Here s a guide on how to start a t-shirt business . divided into the 10 most important aspects.

How to Start a T-Shirt Business

1. Do your research

Make sure you re knowledgeable about the clothing industry before you dive in. Get an understanding of how the business works. Read about how other brands became successful, and model a similar strategy.

Get some insider info from our past brand owner interviews .

2. Plan everything

Before you get started, get all the info you can on how to start a t-shirt business and have a clear idea of what you plan on doing. Try to decide things like what kind of t-shirts you plan on selling, who your target market is, whether your t-shirts will be available online only or if you ll eventually be aiming to sell in stores.

Plan a marketing strategy that involves both free and paid advertising methods of getting your brand in front of your target market. Compose a practical business plan to use as a guideline for operating. For starters, identify your brand s values, mission, objectives, strategies, goals, and long term vision.

For a good way to organize your planning, try Google Drive .

3. Know your competition

You should always know what other clothing labels you ll be competing with. If you re starting a label based on humorous t-shirts you should watch what all the other funny t-shirt labels are doing. Keep track of things like their design variety, pricing, and promotion, because it may spur some new ideas for your own business strategy.

This can be done easily nowadays by reading the blogs of competitor brands and signing up to their newsletters to keep tabs on what they re up to. This knowledge can help you keep up.

Keep track of your competitors activity by following indie clothing blogs like Hypebeast .

4. Create products you believe your audience would buy

It seems this step should be obvious, but you’d be surprised at some of the t-shirts you can find these days. Test the quality of your t-shirts by getting honest opinions from others, preferably people who are within your target audience.

To get real feedback from your potential audience, experiment with polls via Facebook .

5. Know the finances of starting a business

Once you know what you plan on doing, get an idea of how much everything is gonna cost you. When you start producing and selling t-shirts, keep track of all of your expenses. Get screen printing quotes from several printers and compare prices to get the best deal, without sacrificing quality.

Add in the cost for labeling, hang tagging, bagging, or whatever other finishing options you might use. Don t forget the shipping envelopes, boxes, and product storage. Don t be fooled by the hundreds of new t-shirt start-ups you see these days; starting a t-shirt business isn t cheap. A lot of this should also help you decide how much you should charge for your clothing.

Clothing Brand Startup Tools

Starting a clothing brand? Got a small budget?
Check out our startup tools for our selection of cost-effective services and products for starting your brand.

6. Come up with a solid promotion strategy

Figure out a way to spread the word in a manner that those who discover your brand go on to spread the word to others. For starters, your strategy can include PPC ads, press releases to blogs, and social networking. You can even give away t-shirts with your logo for free. Using guerrilla tactics and promotional items like this can have a tremendous impact on your business growth.

However, don t be a Cheapo. Sooner or later you ll realize that you re gonna have to spend money to market your t-shirt business, so you should be willing to pay for things like online ads, event sponsorships, and other paid marketing methods. Understandably not everyone is rollin in the dough, so find smart ways to balance paid promotion with free promotion to create an excellent strategy.

Paid promotion options: Consider a Google Adwords campaign or get social network visibility through a PopularPays .

Free promotion options: Actively engage your Instagram audience every single day. Follow hundreds of potential fans, comment on and like thousands of photos, and consistently post to your account. Replicate the same strategy through other channels.

7. Find partners

You might start out on your own but you should find partners to help maximize your brand s potential and help you reach your goals more efficiently. Aim to have partners within your company while also collaborating with other businesses that may be of some help to you.

Start with your good friends, skilled associates or trustworthy family members. Still no luck? Try browsing potential candidates through Founder2Be .

8. Set business goals

Once you ve educated yourself on how to start a t-shirt business it s time to set some real goals. How many t-shirts do you plan on selling this year? How about this month or this week? Alot of people new to the business have no idea, or just don t care. Then there s the group of people who are too scared to set a goal out of fear that they won t reach it.

A successful business sets goals for success in order to have a solid idea of what it s working towards. Set a goal and believe in your ability to reach it. As the law of attraction goes: if you know you re gonna reach it, you re gonna reach it. If you decide from this day forward that you will sell 10 t-shirts every week, and strongly believe in your business, you ll do everything you can to figure out a way to get those tees moving. If you don t set a goal you may end up stuck with a box of t-shirts you were too scared to sell.

Keep track of your goals through Google Drive .

9. Don t quit because you re not seeing sales the first day

That s a good way to get you nowhere. Try to figure out ways of improving your designs, your strategy or your work habits. When you re just getting started you re still learning so keep at it. Winners never quit and quitters never win. Read informative, motivational books, to keep your spirits up.

Frequently visit other brand s websites and blogs, and see how much fun they re having, to remind yourself of where you wanna be in a few years and how bad you really want it. Reanalyze your business plan, promotional efforts, and branding strategy. Consider how you compare to the competition and emphasize your competitive edge.

Continually expand your knowledge on the business by checking out some of our past t-shirt business articles.

10. Have fun

If you re in it just to make a quick buck you’re not gonna succeed and that goes for ANY business. Love what you do and do what you love. Your passion will definitely show in your brand image. The more fun it is, the more productive you ll be. Just don t get too carried away. On second thought, go ahead!

BONUS TIP:

Read LAUNCH A KICK-ASS T-SHIRT BRAND for in depth advice and more tips on how to start a t-shirt business. Tons of useful information you can t afford to miss!

RESOURCES ON HOW TO START A T-SHIRT BUSINESS

SIGN UP TO DOWNLOAD OUR FREE GUIDE + MORE T-SHIRT BUSINESS TIPS!


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How to Start a Photography Business – How Nigeria #small #business #website


#photography business

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How to Start a Photography Business

by Philip September 22, 2015, 1:09 pm

If you are a lover of pets then you may want to consider making some money with your passion. This means that you do not only have to stop at keeping pets around you. However, it is important that you know the type of pet business to do, so that you can be guaranteed good returns on your investment.

What type of pet business can that be, given that there are various business surrounding pets? Businesses like the pet spa, pet treat business and what have you. One of the pet businesses that you may want to consider is the pet photography business.What really does it mean to run a pet photography business? Simply put, it is a fun and profitable business that you can be combined with your photography skills.

In a survey conducted in 2011 by the American Pet Products Association, pets are a significant part of 79.2 million U.S Times are changing with rapid astonishment and it is for this reason that some pet owners are interested in paying a photographer to show their pets through quality images.

If you are decided to embark on this business, then you have got to put adequate measure to make sure that you take all the necessary steps needed in starting this venture on a right footing. This article has gathered a few tips that can help in the actualization of your dreams to own a pet photography business. Here below are some of the tips.

1. Market Survey

A market survey helps you to lay your hands on information about a thing that you ordinarily may not come across. That is why it is very important to do some market survey. What does this entail? Market survey in this regard has to do with knowing who your competitors in the industry are, how much those who have started this business used to set it up, the right type of places to site this type of business and all what not. Here’s a sample photography business plan template you can use for FREE.

If you love pets and like to start a pet photography business with no prior knowledge, then you may want to consider getting trained. When you get trained in this trade, you can be sure to set up your business well. It is worthy to note that you need to get some hands-on experience in this venture before you get started.

If enrolling to take some few classes might not work out for you because of time constraint, then you may want to consider getting a mentor in the field. Do make sure that this person is a photographer who has a good track record.

ALSO READ Lagos Signs Historic Smart City Deal With Dubai

4. Register Your Business

It is okay if you want to start this type of business from the comfort of your home. It is equally well to start out with your busine4ss registered. Do check at the corporate affairs commission in your country, or the chamber of commerce office. There, you would be required to complete some forms and provider some documents before you are fully certified to run either as a sole proprietorship.

You would a space to start this business of yours. If you are starting from your house, make sure you have enough space for the business. On the other hand, if you are looking to start on the corporate level, then you can consider getting a rented space.

6. Purchase Equipment Needed

Purchasing photography equipment means that you must have enough capital to do so. Some photography equipment is expensive and there are lots of components you may need to purchase. You need several digital cameras and back up cameras. You would also need treats and toys for capturing your pet’s attention.

Some pet photographers make it compulsory to charge a sitting fee or session fee, but the bulk of their income tends to come from donating high photograph quality prints or digital images for sale. Also it would be important that for you to arrive at the final fee, you may want to consider asking what those who have the business say.

8. Commence Business

After you might have done every things stated in the last few steps, then you can look at commencing your business. As a way to gain more grounds, you can start by giving some free services to people’s pet so that you can attract new customers

Now that things have really looked up, then you may start the advertisement of business. How can you get works out to the people about your business? You can start by blogging about pet photography, printing pliers, and brochures, as well as through word of, mouth and the various social networking sites.

You need to know that starting this kind of business takes a lot of hard work, as you have got to come up with wonderful pet images that would help promote what you do to a large extent.


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How Business Accounting Works #business #savings #account


#business accounting

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How Business Accounting Works

Tracking every penny may seem like a bore, but it’ll put you closer to success. See morebanking pictures.

People are starting their own businesses every day. If you’re thinking about joining them, you probably have a vision of what you want that business to be. What may excite you about your business is the product or service you have to offer, the success that you imagine, and the freedom of lifestyle that you are sure will come — in time. What may bore or even frighten you is the plethora of numbers you have to wrestle with. You will be asked business questions that may elicit a blank stare as your response. Cash accounting? Accrual basis? Profit and loss statement? Projections? Huh?

Whether you want to create fine oil paintings or sell pork bellies on the street, your business will require some form of accounting. That term alone can cast a glaze over the brightest eyes, but in this article, we’ll show you that accounting is a process larger than crunching your numbers. It is a tool that will help you account for what your business has done, is doing, and hopes to do in the future. Accounting can be a bit like painting a picture, and a little like solving a puzzle. Despite its bad press, it can actually be fun.

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How to Start a Blog and Make Money From It #cincinnati #business #courier


#work from home ideas

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How to Start a Blog and Make Money From It

This post includes affiliate links.

If you want to work from home and make money blogging, then you need to have the right tools, resources, and information to guide your way.

With an overwhelming amount of information on the web it’s often confusing figuring it all out. Listed below are some of the resources that I use, recommend, or that I’ve found helpful on my blogging journey.

These tools will not only help get you started but they’ll make the process easier so you can start making money faster.

First, grab my FREE Blogging e-book. it will teach you how to write great content, get tons of traffic to your blog and most importantly, how to make money from it!

To start the process you ll need to choose a blogging platform; or in technical terms a content management system (CMS). There are many different CMS platforms to choose between, but I highly recommend WordPress. It s ideal for beginners as it s easy to use and modify, it has tons of functionality, and it s free to use all you need to do is purchase your hosting and domain name.

WordPress is what I use for this site.

A lot of people ask me about Blogger, Google’s blogging platform. I’ve heard it’s easy to use. But I also know a lot of people who started out on Blogger, but then had to make the switch to WordPress later on. Do yourself a favor and use WordPress from the beginning, you ll save yourself a lot of headaches down the road.

Once you decided on a blogging platform you ll need to purchase a domain name and hosting. When choosing a hosting company you’ll want to make sure that you get one that’s reliable, affordable, and that has excellent customer service. Right now I m using a virtual private server (VPS) through, Liquid Web. They have a wide variety of hosting plans, which makes it easy to upgrade your service as your site grows. If I weren t using them, I would probably use Bluehost or Synthesis. as they were created with WordPress users in mind. Over the years, I ve had to switch hosting companies three times which is no fun.

Need help installing WordPress to your host? Here s an EASY way to be up and running in 30 minutes or less!

When I first launched my blog, I had a graphic designer create a custom design for me. And while I loved my design it was very expensive! If I were just starting out again, I would use Bluehost with their 1-2-3 easy upload and a template from StudioPress (which is what I m using now). Not only are these templates affordable (like $99), but they look great and they re super easy to modify. To help make your site stand out, I do suggest getting a custom logo designed. If you re launching your blog on a shoestring budget, try Fiverr where freelancers only charge $5 for their services. I haven t used Fiverr for logo design, but I have used them for other sorts of images, and I ve been happy with the results.

To get traffic to your blog you’ll want to utilize social media platforms like Facebook, Twitter, LinkedIn, Foursquare, Instagram, and Google Plus. Seem overwhelming? To help manage all of these social media platforms, I use HootSuite. I’ve tried other applications, but this one has the most functionality, and it is the easiest to use. You can schedule updates and manage all of your accounts in one place, and best of all it s FREE!

The one network that you can’t manage from HootSuite is Pinterest. For Pinterest, I use BoardBooster to manage my pins. It s only $5 a month and so worth it! You can schedule pins and re-loop your pins so that they receive maximum exposure.

For tips on how to maximize your Pinterest efforts, check out these resources:

To create pin-friendly images for your blog posts, I recommend PicMonkey or Canva. I started out using PicMonkey, which is easy to use, and it gives you professional looking images in a flash. But now I mostly use Canva. It has premade templates and font combos which help me create professional looking images quicker. Each platform is free for basic usage with permeium features costing just a bit more.

For stock images I use StockFresh and DepositPhotos not only do they have high-quality photos, but they re affordable.

Part of getting traffic is writing awesome content. To make sure your content is excellent you ll need to edit your posts for punctuation, grammar, and spelling. Now you can do this manually, but I ve found that even when I go back and proofread two or three times I often miss typos. Of course, you can hire an editor to proof your content, but that can get expensive. A more affordable option is to use an editing software or program. I ve tried a few different platforms out and by far my favorite is, Grammarly. It s easy to use and catches errors that word processing programs miss. It also tightens up your copy so you re using an active voice.

From the first day, you launch your blog you need to make sure that you’re building an email list. SEO rules and social media platforms are constantly changing. But with an email list, it is something that you own, and that can always be used to reach your audience. Personally, I use Constant Contact I love them! They have lots of professional looking templates to choose from, it’s super easy to use, and they have added features like auto-responders. They even offer a FREE 60 trial so you can test them out without any obligation.

Search Engine Optimization (SEO):

The majority of my traffic comes from Google, and this is because certain keyword phrases on my site have ranked well with the search engines. Search engine traffic is free, and you’ll want to take advantage of it. I used to recommend Holly Klaassen’s e-book, 50 SEO Secrets for Mom Entrepreneurs, but she s no longer selling it.

So to get familiarized with SEO here are some useful articles on the basics.

I have read a ton of blogging books over the years, and these are the ones that have SERIOUSLY helped me on my journey!

There are so many ways to earn money from your blog, from direct ad sales and ad networks, to affiliate marketing and digital earning so make sure to check out these must-read articles.

As a career blogger, you ll need to keep meticulous records of your income and expenses. The first year I started out, I made the mistake of keeping all of these transactions in a spreadsheet which made tax time a nightmare. Since then I ve been using GoDaddy Bookkeeping (formerly, Outright) which has simplified the whole process because it automatically updates your transactions from your PayPal and checking account. The online platform is super easy to use, and I highly recommend it for all monetized bloggers.

Hope you found this roadmap helpful. Good luck on your blogging journey!

This post includes referral and affiliate links. Please be aware that we only promote advertising from companies that we feel we can legitimately recommend to our readers. See our disclosure policy for further information.


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How hard is it to start an import #bad #credit #business #loans


#import export business

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If you wish YOU CAN WIN

So you want to sell to the world? Thanks to the Internet, setting up an import/export business can be ridiculously simple and very profitable.

• Pick a product to import or export.

When it comes to importing and exporting, you cannot be all things to all customers. Decide on something and stick with it.

You have two viable reasons for choosing a product to import or export: you know it will sell or you like it. Hopefully, you can meet both criteria.

• Find the right market.

You’ve selected a product, now you must look for someplace to sell it! Do the homework and research the market beforehand to locate the best potential foreign market for your product or service. Use import export data to check market trends. These resources are helpful for determining where in the world products and services are moving to and from, and why and how to get in on the action.

• Source a supplier. Check here

  • Finalize the relationship and seal the deal

If you are an importer, you must seal the deal before your goods will be shipped to you. If you are an exporter, you must agree with the buyer and provide the goods upon receiving the money.

After signing an agreement with the supplier or manufacturer (as drawn by your attorney ), you will be granted the right to import the goods into your country or export from your country; as one of their designated import / export partners. The manufacturer will pay you the specific commission quoted to the distributors on top of the price of the goods. And you will be given catalogs and samples for your use in distribution.


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How to Write a Business Proposal: 13 Steps (with Pictures) #local #business #listings


#business proposal

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How to Write a Business Proposal

How can I write a proposal for maintenance for air conditioning systems?

Answered by wikiHow Contributor

  • State the problem and tell whoever you are writing to about why the A/C system needs maintenance, Then state your proposed solution to the problem. After that, double check everything that you wrote down to make sure you like how it looks, then sign your name and you’re done!

How can I produce a business proposal 1000 words specifically looking at the communication process of a chosen organization?

Where can I read a sample Sales Proposal?

A proposal for a rental property for an equine rehab. Brand new 4-5 bedroom house in West Palm with animals including riding horses. How would I write that?

How do I write proposal offering to solve a persistent problem?

How do I write a problem for solving a business proposal?

Video Edit

Tips Edit

Do not overuse similar words.

Check spelling and grammar.

Related wikiHows

How to Write a Resignation Letter

How to Make an Authorization Letter

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How to Buy Penny Stocks (for Beginners) #small #business #administration


#penny stocks

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How to Buy Penny Stocks (for Beginners)

NEW YORK (TheStreet ) — It’s hard to check your email without hearing about the next “hot” penny stock that’s going to make you rich. But what are penny stocks, and can they really deliver on those promises? Here’s my 2 cents worth on penny stocks.

What Are Penny Stocks?

Low-priced, small-cap stocks are known as penny stocks. Contrary to their name, penny stocks rarely cost a penny. The SEC considers a penny stock to be pretty much anything under $5. And while there are sub $5 stocks trading on big exchanges like NYSE and NASDAQ. most investors don’t think of these when asked to describe a penny stock.

Most individual investors look at penny stocks like Wall Street’s Wild West, an untamed world of investing detached from all the glitz and media coverage that comes with stocks that are traded on major exchanges. While the gains and losses can be pretty impressive in the penny stock world, they’re not often heard about elsewhere.

Just because you don’t hear about penny stocks every day on CNBC doesn’t mean that penny stocks are without drama. Unfortunately, penny stocks have also garnered a reputation as a game filled with scams and corruption. Indeed, penny stocks could be your wildest ride yet as an investor.

So then, if penny stocks usually aren’t traded on normal exchanges, where can you buy them?

How to Buy Penny Stocks

Like any other stock you would buy, you can purchase shares of a penny stock through your normal stockbroker — regardless of whether or not it’s listed on a major exchange.


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How to Finance Your Start-up Business #business #banners


#how to finance a business

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How to Finance Your Start-up Business

Making Your Dream a Reality: Finance Your Start-up With the Right Mix of Capital

If you’re planning on starting a business, chances are you’ll need some form of capital, which simply refers to the money that finances your business.

One reason for the failure of many small businesses is that they undercapitalize their business. Therefore, it is important that you know how much money you will actually need to start and to run your business until you reach your break-even point—the point when your sales revenue equals your total expenses.

Ask yourself:

  • How much money is required to start this business ?
  • How much of your own money do you have for this business?
  • Do you already own any of the assets needed to start this business?
  • Do you have family, friends, acquaintances, or others who are willing and able to invest in this business?
  • Do you have a strong personal credit rating or lines of credit available?

Equity Investment

Equity means ownership. With equity investment, an investor makes money available for use in exchange for an ownership share in the business. If you use equity investment, be sure to consider how much ownership you’re willing to give up, and at what price. Once you sell 51 percent of your shares, you lose control of your company.

Equity investment includes any money from individuals, including yourself, or other companies in your business. This money may be from personal savings, inheritance, personal loans, friends or relatives, business partners, or stockholders. These funds are not secured on any of your business assets.

But, before going down this road, it is important to know the BC laws that apply to any company or other entity that raises money from investors. To find our more read our article: Seeking Equity Investment? Know the Rules

Personal Savings: The Most Common Form of Equity Investment

You’ll likely get most of your start-up funding from your personal savings, inheritances, friends, or family. In fact, according to Statistics Canada’s Survey of Financing of Small and Medium Enterprises 2007, 76% of small businesses in British Columbia financed their business with personal savings.

Aim to fund 25% to 50% of your business from your own pocket. This shows prospective lenders and investors that you are personally assuming some risk, and are committed to your business success. It’s also a requirement for many small business loans, which are usually secured (i.e. backed by assets).

Throughout the course of your business, try to keep a personal investment of at least 25% in your business to increase your equity position and leverage. The more equity your business has, the more attractive it makes you to banks that can loan you up to three times your equity.

Debt Financing

1. Government Funding

Typically, the most sought-after type of financing is government grants because it’s free money that you don t have to pay back. Unfortunately, a grant might not be an option for your business because not only are there very few grants available, most are geared towards specific industries or groups of people such as youth, women, or aboriginal owners.

The majority of government funding programs are typically loans, for which you ll be required to repay the principal amount plus interest.

In 2007, only 2% of businesses obtained some sort of government funding or assistance. You can find information about government funding programs for free:

  • Search the Canada Business Grants and Finances section. which lists available government programs across Canada.
  • Contact your industry association to find out if they know of any grants you might be eligible to receive.

Since the application process varies from program to program, you should contact the coordinator of the program that you’re interested in to find out what the specific application requirements and process are.

2. Commercial Loans

Commercial or personal loans from financial institutions account for the second most common form of financing at 44%.

  • Long-term loans. Use long-term loans for larger expenses or for fixed assets that you expect to use for more than one year, such as property, buildings, vehicles, machinery, and equipment. These loans are generally secured by new assets, other unencumbered physical business assets, and/or additional stakeholder funds or personal guarantees.
  • Short-term loans. Short-term loans are usually for a one-year term or less, and can include revolving lines of credit or credit cards. These are generally used to finance day-to-day expenses such as inventory, payroll, and unexpected or emergency items, and can be subject to a higher base interest rate.

Getting Your Loan Approved: What do Potential Lenders Look For?

Many lenders will look for the four “C’s of Lending” when evaluating a loan application:

  1. Cash flow. Your ability to repay the cash you are borrowing. This is measured using the cash flow forecast that you created for your business plan.
  2. Collateral. The value of assets that you are willing to pledge for assurance that you will repay your loan. A dollar amount will be placed on these assets and that will be compared to the amount of the loan you requested.
  3. Commitment. The amount of money that you re committing to your business. You can’t expect to obtain a loan without contributing a fair share yourself.
  4. Character. Your personal credit score and history with the financial institution. Your credit rating or score is calculated from your history of borrowing and repaying bank loans, credit cards, and personal lines of credit. Without a good credit rating, your loan prospects decrease significantly.

A lender might determine how much to lend you by evaluating your cash flow, collateral, and commitment. They will then subtract your existing debt to arrive at a final amount. Note that lenders look at the limit on your credit cards, not the amount you re currently using.

Typically, start-ups are not rich in assets so you may be required to secure your business loans with personal collateral such as your house or vehicle(s).

The difference between a private lender and a government program is the relative importance of these four C’s. A bank might place more importance on “collateral” and “commitment”, whereas a government program can often decrease the need for these by providing a government guarantee to the lender.

Make a Good Impression With Your Lenders

You can increase your chances of securing a loan by:

  • Having strong management and staff
  • Showing steady business growth potential
  • Showing reliable projected cash flow
  • Offering collateral
  • Having a strong personal credit rating
  • Always making your loan and interest payments on time, and never missing a payment

Related Articles:

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Window Cleaning Coach: How to Start a Window Washing Business, Tips, Advice, Training, Tools,

#window cleaning business

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Hi, my name is Dave and I run my own successful window cleaning business called ShineTime in Birmingham, England.

The reason I’ve created this website is because I found that there was a lack of free information on setting up your own window cleaning business when I first started.

Instead I found there are a lot of opportunist window cleaners on the internet who are selling their knowledge (you can’t blame them really can you).

I realise when you’re setting up your own business funds are tight, so I’ve decided to give my expertise away for free.

The reason for this generosity you might ask? Well window cleaning helped me out of a tight spot: I was working in a dead-end factory for minimum wage and wasn’t too happy about the situation.

I finally decided to start my own window cleaning business, and after a lot of trial and error my business became successful. I want to help other people thinking of starting their own window cleaning company avoid some of the mistakes I made when I first started by doing this informative website.

Let’s get one thing straight, being a window cleaner is a horrible job: in Winter you feel like your hands are going to drop off, if you’re working by yourself it can become very lonely, and sometimes your customers can give you hassle. As you’re the head of the company you’re the one who has to deal with troublesome customers because there’s nobody to pass the blame onto.

It’s not easy either, most people seem to think it’s just a case of buying a bucket, getting a chammy and you’re away. Sadly there’s a lot of competition out there, it’s highly likely you’ll find all the best areas where you live (the posh ones that make you the most money) are taken.

You have to be prepared to work hard to build up your round and be able to discipline yourself because there’s no boss to kick you up the arse when you feel like having an impromptu day off. It’s very easy to slip into the habit of thinking: I can’t be bothered with it today. or I think I’ll knock off early .

It’s good to have the freedom that only comes with being your own boss, but it still doesn’t mean you can spend every other day in bed. Disappointing I know, but that’s life.

I want to make it clear that not everybody is suited to self-employment, some people need a person watching over them to make them work. If this is a description of you then you probably shouldn’t bother wasting anymore of your time on this site. Instead, you may want to consider looking for other cleaning jobs first to get some experience and see if a window cleaning career is really for you.

Despite all the drawbacks however, I believe if you’re desperate, i.e. stuck in a job you absolutely hate, or unemployed and on the dole, then window cleaning could be for you because it’s a realistic way of making a respectable living for a person who has no other options, just don’t expect to be driving around in a Bentley anytime soon.


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