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Raising money

Now that you have a business plan on paper, it’s time to think about how you’ll get the money to invest in your business. There are a variety of options to choose from, but you need to ensure you plan your budget carefully and get expert financial advice to minimize any risks. Financial sources might include equity investors, loans or venture capital schemes/government assistance.

There is no one right or wrong method to obtain finances for your company – it all depends upon the size, scale and nature of your business. You may wish to enlist the help of a professional expert such as an accountant to help you make the right decision.

Remember that anyone who gives you money, be it a bank of individual lender, will need security to ensure that you are capable of returning the money. Security may be in the form of collateral, equity or various income projection statements. You will need to submit a detailed business plan highlighting the profitability potential. Sometimes investors/banks may wish to check your personal financial statements to help them identify any hidden liability or pending financial commitments before they decide to give you a loan.

FREE CONFIDENTIAL DISCUSSION
Understanding a person’s financial situation is the first step to resolving their problems and achieving their goals. All new business clients looking to speak face-to-face with an accounting professional are offered an initial consultation at Pluta Accountants with the first hour at no charge. Businesses who wish to take advantage of a confidential discussion are encouraged to call 07 3379 8185 today.

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Contact Us

You can contact us at anytime at the following;

Office Location
858 Oxley Road
CORINDA QLD 4075

Mailing Address
PO BOX 114
MT OMMANEY QLD 4074

Phone: 07 3379 8185
Fax: 07 3379 9845
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