Skip to main content
Tags: financial | planning | financial | group | financial | planning | services

Ten Top Sources for Financial Planning

Wednesday, 19 January 2011 02:38 PM EST

Financial planning or financial planning services is a must not only for any new business, but also for professionals who do not know the monitory worth of their skills in the market place. Mentioned below are ten top sources for financial planning that are available prior to commencing any business.
 
Owner's Funds:
This source of investments is the most easily accessible. It can be used during the early and planning stages.
 
Friends and Associates:
Financial advisors believe that this is good for initial cashflow shortages. However, remember that the golden rule is that one must not mix family and friends with business.
 
Business Angels:
Early stage funding in relatively small amounts can be sourced from an angel investor. Even a small amount of the right type of investment can have a huge impact on the future of a small business.
 
Clearing Banks:
Although the popular impression is that banks don’t lend to businesses, financial advisors say that the rule remains ‘if you don’t ask for it, you don’t get it’. It is advisable to make use of short term loans and overdrafts to balance your initial cashflow shortfalls.
 
Discounting:
This is a relatively good alternative financial planning tool. However, please note that there are both positive and negative aspects in having a third party involved in the cashflow management and accounts receivable process.
 
Grants and Various Government Support Schemes:
Although there may be restrictions that come with taking money from this source, financial advisors believe that grants and government support schemes may be among of the best options for anyone seeking to start a business.
 
Lease and Hire Purchase:
This is a great source of financial planning leverage that provides support for short term capital acquisitions. However, it is advisable to evaluate the taxation implications involved with such a process.
 
Merchant Banks:
Financial planning services believe that this is an excellent source for medium and long term loans for arranging substantial sums of capital that may be required for initial investments.
 
Corporate Venturing:
Financial advisors believe that corporate investors and financial planning services are constantly searching for a top rate of return. If a business is likely to be profitable, such an option could have a strong impact on company’s financial planning and business decisions.
 
Private Equity with Venture Capital:
This is a great option as investors or financial planning services become partners in growth and back the project not only by providing funds, but also by playing a supportive role in the formation of business and financial planning strategies. This can produce significant amounts of investments for even more ambitious businesses.
 
Financial advisors and financial services not only help you plan your future investments strategy but will also give you important clues about where you should concentrate your financial planning efforts.

© Newsmax. All rights reserved.


FastFeatures
Financial planning or financial planning services is a must not only for any new business, but also for professionals who do not know the monitory worth of their skills in the market place. Mentioned below are ten top sources for financial planning that are available prior...
financial,planning,financial,group,financial,planning,services,financial,advisors,financial,services,investments,business,businesses,cashflow,capital
464
2011-38-19
Wednesday, 19 January 2011 02:38 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.

PLEASE NOTE: All information presented on Newsmax.com is for informational purposes only. It is not specific medical advice for any individual. All answers to reader questions are provided for informational purposes only. All information presented on our websites should not be construed as medical consultation or instruction. You should take no action solely on the basis of this publication’s contents. Readers are advised to consult a health professional about any issue regarding their health and well-being. While the information found on our websites is believed to be sensible and accurate based on the author’s best judgment, readers who fail to seek counsel from appropriate health professionals assume risk of any potential ill effects. The opinions expressed in Newsmaxhealth.com and Newsmax.com do not necessarily reflect those of Newsmax Media. Please note that this advice is generic and not specific to any individual. You should consult with your doctor before undertaking any medical or nutritional course of action.

 
TOP

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the Newsmax App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved