Small businesses offered tips on obtaining finance
Business news 04 Sep 2013
Small business owners seeking to obtain finance should ensure that they prepare a robust business plan and be able to demonstrate an understanding of key areas of their business's finances, according to advice released by the Federation of Small Businesses (FSB) and the British Bankers' Association (BBA).
The organisations have released the advice as part of Small Business Advice Week, which runs from 2 to 8 September.
Independent research suggests that three in every ten small businesses are refused finance every quarter, and the FSB and BBA have published some key tips which aim to improve their chances of a successful application:
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