Financing Your Business Venture

Written by Mark Askew


Many small businesses were born duringrepparttar recession of 2001. One key reason is that during a recession period overhead costs tend to be lower. Stillrepparttar 112803 time comes when a business needs to ascend to higher ground and reach a larger group of consumers. This presentsrepparttar 112804 challenge of finding money to finance your marketing plan. As with any major financing transaction one needs to be prepared withrepparttar 112805 appropriate documentation at hand as well knowingrepparttar 112806 methods of findingrepparttar 112807 best bargain small business loans available. So where do you start?

FIRST STEPS IN SHOPPING FOR BARGAIN LOANS.

1. Calculate what you can afford

Remember to include rates, points and fees.

2.If purchasing a home include insurance and taxes.

3. Get your credit report

4. Put your financial papers in order

These would include:

Bank statements

Mortgage papers

Insurance papers

Car loan papers

Tax ID

Business expense receipts

Taxes overdue

Other loan documentation

Credit reports

Other out-standing debt.

FINDING OUT HOW MUCH YOU CAN TO BORROW

4. Estimate your monthly/annual income

5. subtract income tax payments due

6. Calculate your monthly expenses and subtract this fromrepparttar 112808 above

8. List any outstanding debt and subtract this fromrepparttar 112809 above figure

7. Now figure out your net worth by calculating all assets.

Include investments, auto, home, CD's bonds stock estates etc.

Line 7 is your true net worth.

You would do best to borrow no more than 25% of your net worth.

Line 6 is your financing income. Income you can use for paying on a business loan and as well as other expenses. It's best to use no more than 50% of this and putrepparttar 112810 rest aside for investment and savings.

Now adjustrepparttar 112811 amount you wish to borrow based on true net worth and include any outstanding debt you wish to satisfy. You are now better prepared to ascertain what is needed and what you can afford to request.

FINDING BARGAINS ONLINE

Thanks torepparttar 112812 Internet you can become a part of a highly competitive marketplace of lenders competing for your business in a structured bidding system. One such resource is at http://www.mortgageloansearch.net. Consumers shopping forrepparttar 112813 lowest rates and attractive loan programs simply complete one application that is submitted securely to several lenders at one time. Lending networks like Loanweb.com offers low rate shopping in a highly competitive bid-for-your-business marketplace.

Six Things That You Should Know About Grain Prices Every Year

Written by Dailyfutures.com


In a few short months,repparttar ground will thaw and planting will begin. Along withrepparttar 112802 change in season will come an abundance of market opinions (mostly bullish) about where prices are headed this year. Before you get swept away with allrepparttar 112803 different analyses, there are six things about grain prices that you should keep in mind every year. One: Farming is one ofrepparttar 112804 most competitive business environments that you will ever find. There are thousands of producers of various sizes, none of which has any clout when it comes to haggling prices. The grain producer isrepparttar 112805 prime example of a "price-taker" and that fact alone tells us that overrepparttar 112806 long haul, grain prices will spend most of their time near or belowrepparttar 112807 costs of production. Two: Thanks to human nature,repparttar 112808 price cycle for grains is strongly asymmetrical, meaning that prices spend far more time in downtrends than they do in uptrends. When prices are good, producers are eager to expand production andrepparttar 112809 whole ag industry is eager to help them. The rush to produce more is what kills an uptrend. Onrepparttar 112810 other hand, when prices are bad, there is no hurry to cut production. Nobody wants to fire workers or auction off equipment until they absolutely have to. Without a government program, there is no incentive to cut back acres. It takes much longer to bring aboutrepparttar 112811 behavior that ends a downtrend. Three: Like it or not, subsidies that are aboverepparttar 112812 cost of production encourage more production, larger grain stockpiles, and longer downtrends. As a good example, look atrepparttar 112813 cocoa market. Cocoa prices have been in a downtrend for 24 years, thanks largely torepparttar 112814 subsidy policies ofrepparttar 112815 Ivory Coast. You should also notice that governments are most likely to abandon those subsidies when prices are at their worst. It's easy to get political support for subsidies whenrepparttar 112816 cost is small. It's another matter, when grain prices are inrepparttar 112817 tank andrepparttar 112818 cost of those subsidies becomes expensive.

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