Author: angie

You have a great business venture idea and you are raising startup capital but why is that nobody wants to invest in your business, There is always room for improvement. There are several mistakes on raising startup capital that could be the reason why it is difficult for banks or for venture capital firms to invest on your business. Robin Cross stated in her article that there are 3 groups of mistakes made when raising startup capital: “poor preparation, structuring the agreement and managing the money.” This is truly the reasons why entrepreneurs would find their loan applications and investment applications rejected. By avoiding these blunders, then there would definitely be a higher possibility of having a your business financed. Poor Preparation There are entrepreneurs thinking that enthusiasm and passion would be enough to start and keep a business. Unfortunately, if you are looking for a startup capital, investors are not only looking for proper attitudes, they are also looking for a complete and solid business plan. When going to a meeting with bank or venture capital officers, you would like to be prepared with your business plan. This would show how important the venture it is. Nothing is more disastrous when an applicant files an application that has incomplete business plan. You do not need just funds, you would also need management skills. Another common mistake is forgetting...

Those people who work on a regular basis from home should find out if they have enough business cover in place. If you are in employment with a company then the chances are that you have. However if you are classed as self- employed and work from home of your own accord then this is another matter and it is these people who should be asking themselves if they have enough cover. There are many factors to be taken into consideration when working from home, one of them being that office equipment which is considered to be for commercial reasons, when used in the home environment may not be covered when taken out of the office and into the home. Over 69% of workers, if they had the choice, would elect to work from their home. This means that this could leave many without enough cover should anything go wrong. Another factor that has to be taken into account when working from home is the liability issues, if clients are going to the home instead of the workplace and, for example they should suffer an accident whilst being there, they could be left being unable to claim. While working from home certainly has its advantages, insurance is one factor that many simply don’t think about when taking this route. If you are thinking of working from home then you...