At development of the business plan it is necessary to give special attention to a risks assessment, connected with project implementation. It will be additional plus at dialogue with creditors or investors. Besides, it will help you to be more prepared in a crisis situation.

The thought over technique of struggle against consequences of brave situations will help to facilitate project implementation considerably.

The first stage at a risks assessment is determination of critical factors that is the factors capable theoretically to make negative impact on the project. They can be external and internal.

External factors concern: idle time because of suppliers of raw and materials, climatic cataclysms, demand pattern change in connection with any reasons, actions of competitors etc.

Internal factors concern: contractual delinquency from subcontractors, illness of key participants, hidden defect of technology etc.

At the risk assessment possible statistical way – carrying out the analysis of last indicators of other market makers in the given industry and it has similar parameters. The similar approach is simple enough; however, absolutely identical enterprises can’t happen.

More exact method is an expert evaluation. At the estimation not less than three experts is desirable. As those specialists in the given sphere of production, lawyers, specialists on credit questions, analysts can be involved. The choice of experts is necessary for proving in such a manner that it would be clear to the potential investor.

Experts determine probability of approach of each critical factor chosen by you, using five degrees of probability: 0, 25, 50, 75, 100. Accordingly, “0” is that the event won’t come, “100” is that event necessarily happens.

Further, by results of estimation all experts determine average risk probability. Each group of factors has a certain share of weight in summary project risk. Multiplying average probability on a weight indicator of the factor – we get a risk point. The sum of balls gives summary project risk.

The financial plan:

The basis of the business plan of firm is constituted by financial indicators together with the marketing plan. The financial plan allows judging how much given project or business is realizable.

Financial and economic positions of firm determine:

1) enterprise Assets;

2) the Basic production assets and capacities;

3) Quantity and cost of produced goods;

4) Number and geographical placing of production and sales departments and branches;

5) Degree of development of an infrastructure of the enterprise.

6) Security own raw-material base and energy sources, etc.

It is important to consider and analyze both demand, and the similar goods and services of this or that goods of the expected competitors.

Usual, starting production, the firm already has data on the future buyers with which are concluded the preliminary arrangement on sales and also on suppliers of completing items if it is necessary. Therefore the realization forecast constitute for three years forward, and it is desirable to conduct for the first year breakdown on months or quarters.

The times when governments have been showering people with all sorts of grants are over. At least for some time. But that does not imply that one should forget the idea of getting small business grants.

Everything is possible with wise attitude; small business grants including.

Go to this blog for more helpful tips about grants, how to apply for grants, grant examples, traps and ticks of the grants. This information will help you to get small business grants or any other grants easier.

Let us tall few words about the bines-plan

What for the business plan is necessary and what it represents as a whole? In the given article you learn answers to these questions.

Any serious economic or the contract design isn’t considered, doesn’t affirm and isn’t performed without economic case and the program of events for its realization. The Business plan can be considered as validity in economic and in exact carrying out of operation. As the business plan helps to implement ideas on the chosen lines of business. It is necessary to understand that in the business plan the formality, how many the intrinsic isn’t so important. Nobody can force to constitute the businessman and to confirm the business plan.

Another matter is that in the presence of the business plan he will find partners more likely and will convince them to take part in the transaction, will obtain the credit. Certainly, those people from whom the businessman expects support, assistance, and the credit mainly thing have the right to take an interest in your operations, how much it is counted and thought over. They can ask and even to insist, that to them have shown the card, the passport of the conceived business. And also the business plan can inquire and official, state structures, without the permission which consent the businessman can’t perform operation project.

It follows from this that the business plan is necessary for the businessman and its colleagues, as it specifies that its beginning business is reliable, deeply thought over and systematically organized. Calculated and deliberate plan is created by the businessman with good background, both for himself, and for all people and the organizations with whom he should work.

As the business plan is the document and the firm property suppose extraneous persons do not need to read it and it is necessary to limit a circle of people and at acquaintance with the plan.

There is no necessity to constitute business plan on certain template adhering to the set form of the document, in particular it concerns carrying out of operations of small scale. And for the large-scale project more detailed business plan is possible.

And still it is necessary at business plan drawing up, to adhere to following sections:

1. The firm description.

2. The product description, the goods, the service, being a subject in this operation.

3. The analysis of a planned market outlet of the goods and services.

4. Events in the field of promotion of the goods and services.

5. The organization and production management, reception of the necessary goods.

6. Business activity financial provision.

7. The further plans and final conclusions.

And also it is possible to include additional criteria for yourself: data on competitors and risk and insurance.

It is very reasonable that government, despite this crisis is not abandoning to help small businesses. And small business grants can be a true helper today.

But, of course, you should understand that today the fight for small business grants as well as for other types of grants is more fierce. This is natural – more businesses need them. So before you start your battle for the small business grants, please make sure to check out this blog for more info about grant industry.

What is “a pure monetary flow”?

The pure monetary flow is one of the basic indicators applied to an estimation of financial condition. It characterizes a difference between positive and negative monetary flows (receipt and an expenditure of money funds) and allows specifying in many respects financial balance and rates of increase of market value of the enterprise.

The pure monetary flow settles payments for a certain interval of time (accounting period).

Enterprise financial services are recommended to count a pure monetary flow not only at drawing up of business plans or in other obligatory cases, but also after each accounting period. It will allow supervising constantly situation and in due timing in appropriate way to react to those or other changes.

Project performance indicators:

One of the basic performance indicators of any project is the pure discounted income (Net Present Value, in abbreviated form NPV); this indicator sometimes is also called as net present value or the pure resulted income. It represents the saved up discounted effect in an accounting period. For calculation of the given indicator different techniques can be used.

One more important performance indicator of the project is the internal return rate (internal rate of return, in abbreviated form — IRR). This indicator can be called also as internal rate of discount or internal rate of profitability. It is such rate of discounting at which the pure discounted income is equal to 0.

At a project performance evaluation of such indicator, as a time of recovery of outlay of investments (payback period, in abbreviated form — PBP) is used also. This indicator represents the minimum period outside of which the sum of the saved up discounted incomes exceeds the size of initial investments. In this case the pure discounted income accepts positive value and further remains positive.

Speaking about project performance indicators, it is necessary to mention such indicator, as debt coverage ratio (debt service coverage, in abbreviated form — DSC).

It settles payments for each period of planning under the following formula:

The listed indicators are reasonable for analyzing not only at original conditions, but also to predict their dynamics at those or other deviations from rate, in particular — to estimate with their help possible risks.

Important rules of business planning

1. Create the review of tasks. Before to start attachment of tasks by concrete time try to see all picture entirely: tasks, terms and interrelations between separate tasks — further it will allow to plan more correctly them on time and under the relation to each other.

2. Place priorities. Having constituted the list of all tasks place them in decreasing order of the importance from the point of view of an object in view and include them in the plan taking into account this position — then even if you won’t have time to make everything then the most important execute.

3. Be guided by principles of flexible planning, remembering that the plan is not dogma and it can be changed depending on circumstances. Therefore it is important to hold such plan before eyes always to have possibility to carry out that task for which the opportunity was presented.

The times when governments have been showering people with all types of grants have passed. At least for some time. But that does not imply that one must get rid of the idea of getting small business grants.

Everything is possible with smart attitude; small business grants including.

Visit this blog for more practical tips about grants, how to apply for grants, grant examples, traps and ticks of the grants. This info will help you to get small business grants or any other grants in a more convenient way.

Business financing: The analysis of monetary flows and financial indicators of the business plan for the potential investor. (part 1)

At the analysis of investment projects it is necessary to imagine well, what monetary flows go at the enterprise, their structure and what exactly they show. Those monetary flows of the enterprise represent also what financial indicators they are characterized, it is in detail and clearly told in the given article.

Kinds of cash flows:

All monetary flows of the modern enterprises are considered in a cut of three types of activity: enterprise main activity (it can be called also as operational or productive activity), investment activity and financial activity.

Cash flows of the enterprise for main activity represent receipts and uses of money funds providing accomplishment of functions of the enterprise according to a primary activity (production, trade, services, etc.). As enterprise main activity is the main source of profit, that, by itself, it should be also the key source of receipt of money funds. The main receipt of money funds on the enterprise is monetary sales proceeds commodity-material assets (works, services). If receipt of money funds as sales proceeds isn’t prevailing in a monetary flow, that, probably, it is necessary to consider what type of activity is at the core of the enterprise.

Among other monetary inflows it is possible allocate the following: debt receivable repayment in the monetary form, a receipt commodity-material assets, received on the barter, received from buyers and customers advances, etc.

The mainstream of an expenditure of money funds of any enterprise for a primary activity is a payment to suppliers and contractors for acquired at them commodity-material assets (works, services). It is no wonder: after all without raw and materials, and sometimes without purchased semi finished products realization of process of production basically impossible. The same concerns trade: that something to sell it is necessary to purchase it first.

The enterprises performing works and rendering services, acquire at suppliers equipment, expendable materials, the tool, etc. Among other account monetary flows on a primary activity it is possible to allocate the following: a payroll payment to workers of the enterprise, payments in the budget and off-budget funds, deductions on social sphere, payment of percent for using proceeds of credit, etc.

As to monetary flows on investment activity of the enterprise they represent receipt and an expenditure of the money funds connected with acquisition or sale of long-term assets of the enterprise and also with incomes from made before investments. It is necessary to notice that, as at a successful current of business the enterprise aspires to expansion and modernization of capacities, conducting investment activity that can result (and, as a rule, results) in time cash outflow of the enterprise.

It is very important that government, despite this crisis is not leaving to assist small businesses. And small business grants can be a real helper right now.

But, surely, you should understand that today the fight for small business grants as well as for other types of grants is more fierce. This is natural – more businesses need them. So before you start your fight for the small business grants, please check out this blog for more
details about grant industry.

The financial plan of the business for the potential investors!

The financial plan explains how the concept is financially favorable to the investor. It is that section for which investors frequently spend most of all studying time.

Detailed plan of receipts:

The financial plan should present model of incomes of the company, including each site in which the company receives incomes. These flows of incomes can include, among the other:

* Sale of the goods / services

* Incomes of advertizing

* Sale of licenses / a royalty / sales charges

It is necessary to note relative importance and timeliness of each income; it will help investors to estimate the company better. For example, the investor can not trust that the company immediately will receive considerable incomes of sale of any assets, and it will be a problem. However, if the given sales constitute 2 % from total amount of the income the investor can also not give it value.

Financial statements:

The financial plan should show in detail history (if it is applicable) and predicted. Into the financial plan enters: the report on profit, the balance sheet, the cash flow statement. It is very important that the figures used in these reports followed from the analysis of each section of the business plan.

The resume of financial forecasts should be presented in a text part of the plan while complete forecasts (tables, calculations) should be in the Appendix. For the existing companies, in the financial plan it is necessary to note any essential deviations (for example, margin increase) between last and predicted result.

Check of the assumption and forecasts:

The financial plan should describe in detail the basic assumptions such, as change of the rates, acting privileges, taxes etc.

All Companies are unique; everyone has similarity to other companies. Reports and financial forecasts on the basis of these similar companies can confirm realism and a financial forecast maturity substantially.

Sources and funds:

The financial plan should describe in detail sources and uses of means. In financing sources first of all to include external investments and an operating income. Use of funds can include expenses with sale, personnel, developments of technologies, office accommodations etc.

Exit strategy:

All investors wish to see an accurate picture of an exit from the company, terms and methods thanks to which they can receive “cash” of investments and profit. The fine method is the description of the comparable companies which were successfully sold, or through acquisition, by merge etc.

Appendices:

The appendix is used for confirmation of the basic part of the business plan. Each business plan should have a complete kit of financial forecasts in the Appendix, with short conclusions of this reporting in the Resume and the Financial plan.

The days when governments have been flooding people with all types of grants have passed. At least for some time. But that does not mean that one should forget the idea of getting small business grants.

Everything is possible with nicely balanced approach; small business grants including.

Visit this blog for more practical tips about grants, how to apply for grants, grant samples, traps and ticks of the grants. This info will help you to get small business grants or any other grants easier.

The Business plan is a bible of the growing company. It would serve to show the companies value of workers, advisers, partners, clients and investors. Business plans are means with the help of which the company can be knocked on doors of investors.

The Business plan includes detailed crucial elements demanded for the majority investors:

1. The resume

2. The company analysis

3. Market research

4. The analysis of clients

5. The analysis of competitors

6. A marketing plan

7. The operational plan

8. Management

9. The financial plan

10. Appendices

Such business plan distinguishes the company from thousand other companies and shows to investors that the company soberly sees the matter and is ready to the further development. So let consider some points of the business plan.

The resume

The majority of investors simply loaded by business plans also do no more than the fluent review. Therefore it is the extremely important, that the first page – the Resume stimulated and motivated the investor to read the entire business plan.

The first page of the Resume should include the following:

* the Short description of business

* the Size of the market and market requirement for business

* In what uniqueness of the company and uniqueness of its service for the given segment of the market

The short description of business

Whether trust or not, after perusal of the first page of the majority of business plans, investors frequently don’t understand business in which the Company works! It is especially actual when the company participates in difficult, technological business. Much for you seems obvious, but not for the investor. It is important to remember that investors won’t invest in that they don’t understand. In the resume you should simplify determinations and give simple and clear understanding of business. Other business plan should contain a business complete description.

The size of the market and market requirement for business

It is very important to show to investors that the company is in the big and growing market and that there are accurate and convincing requirements for a product or service. It is important to give the data about the market and market requirement from authentic (including for the investor) sources.

In what uniqueness of the company and uniqueness of its service for the given segment of the market

When the investor understands business and agrees that there is a necessity for the market in the company and in its products and services, last step says that the company has “competitive advantage” in the market. Examples of advantages it is possible to include the management team, the patented technology, the unique software (developed for the company), long-term contracts with big clients, and also other successes at present.

Investors have various opinions concerning optimum length of the Resume. Some prefer the resume in volume in one page, and others consider that three – four pages of the resume are more reasonable.

Inclusion of these major elements satisfies requirements of almost all investors. After perusal of these pages, investors can finish reading of the resume or continue business plan reading.

It is very crucial that government, despite this recession is not leaving to help small businesses. And small business grants can be a true helper today.

But, surely, you should remember that today the fight for small business grants as well as for other types of grants is harsher. This is natural – more businesses need them. So before you start your fight for the small business grants, please check out this blog for more info about grant industry.

Let’s consider the approximate contents of phases of life cycle of the investment project.

The first phase is before investment, previous the basic volume of investments cannot be advanced precisely enough. In this phase the project possibilities are developed, studied, preliminary technological researches are carried out, negotiations with potential investors and other participants of the project are carried on, suppliers of raw materials and the equipment get out. If the capital investment project provides attraction of credit in the given phase the agreement on its reception is entered into; legal registration of a capital investment project is carried out: preparation of documents, registration of contracts and enterprise registration.

The expenses connected with realization of the first stage, in case of positive result and transition to project realization capitalize and also it is a part of preindustrial expenses and then through the amortisation mechanism concern on product cost.

The second phase is investment when there is an investment or project realization. In the given phase the concrete actions requiring much bigger expenses and having irreversible character are undertaken, namely: the documentation is developed design-estimates; the equipment is ordered; industrial platforms are prepared; the equipment is delivered and its installation and balancing and commissioning is carried out; personnel training is conducted; publicity is led.

On this phase constant assets of the enterprise are formed. Some expenses, them still name accompanying (for example, costs for personnel training, realization of advertising campaigns, start-up and adjusting) can be partially carried on self-cost production (as costs of the future periods) and are partially capitalized (as preindustrial expenses).

The third phase is operational (or industrial). It begins with the moment of commissioning of the capital equipment (in case of industrial investments) or property acquisition or other kinds of assets. In this phase start-up in enterprise action is carried out, production or rendering of services begins, the bank credit in case of its use comes back. This phase is characterized by corresponding receipts and current costs.

Duration of an operational phase exercises a significant influence on a project general characteristic. The further time is its top border and is carried the more cumulative size of the income.

Essential to advance that moment on reaching which receipts already directly cannot be connected with initial investments (a so-called investment limit). At installation, for example, the new equipment term complete moral and physical depreciation will be such limit.

The general criterion of life expectancy of the project or the period of use of investments calls importance, from the point of view of the investor the money incomes received as a result of these investments. So, at realization of a bank expert examination about credit injection term of a life of the project will coincide with an indebtedness maturity and the further destiny of investments bank does not interest. Established terms approximately correspond to the payback periods which have developed in a given sector of economic activity or a reflexivity of long-term investments. However in the conditions of the increased investment risk average duration of projects accepted to realization will be more low than in stable economy.

It is very crucial that government, despite this crisis is not abandoning to assist small businesses. And small business grants can be a true helper today.

But, of course, you should remember that today the fight for small business grants as well as for other kinds of grants has become more fierce. This is logical – more businesses need them. So before you start your fight for the small business grants, please check out this blog for more
details about grant industry.

Errors in development of the business plan for the venture investor

Too often company wants to show itself as something unique, with total absence of a competition in the market. It has a negative shade. If it isn’t present or there is only few companies on the given segment of the market, it means, that there is no enough clients. Availability healthy (as it will sound banal) a competition is positive aspect as determines the big size of the market. And it gives confidence to the investor in liquidity of the company.

And what about excessive underlining of partner relations with the world famous companies. It certainly sounds remarkably to have Nokia in partners, but details of these relations are also important. The business plan should explain not availability of a loud name of the partner, but value of these partner relations. For example, delivery for Nokia of paper clips for 10 dollars a month isn’t valuable.

Development of financial strategy and company value assessment on the future results should coincide with its history. Planned results, they only are planned, and one of the best indicators in the future are indicators of last periods. It should be shown that the company has achieved that what they received when the basic events have occurred. The history gives to the investor confidence that the company at least will repeat it and in the future.

Too superficial review of key figures of the company can be also a problem: Besides working careers of team members, it is necessary to show their growth (professional and career) it is commensurable with the company. Even if they have appeared in the company recently, all of them equally somewhere grew and were improved. Business is done by people.

The requirement to confidentiality: The majority of investors, as a rule, are the open companies. They will refuse to sign the confidentiality agreement of the received data. If you insist on closeness of the business plan it means that at opening of your developments, there will be a loss of advantages; such business isn’t steady and attractive.

It doesn’t concern the patented technologies. In the business plan it is not necessary to discuss confidential aspects of technologies, it is necessary to consider technology pluses comprehensively. In the way beginning on investment attraction the complete information about technologies isn’t required to the serious investor. Everything is good in its season. At the subsequent stages it is possible to consider signing of the confidential agreement, but in any way at a business plan stage.

At each investor the requirements to the business plan, familiarize with them because what is pleasant to one can irritate others. Show an individual approach to the investor.

The days when governments have been showering people with all sorts of grants are over. At least for a while. But that does not imply that you should forget the idea of getting small business grants.

Everything is possible with wise approach; small business grants including.

Read this blog for more helpful tips about grants, how to apply for grants, grant samples, traps and ticks of the grants. This information will help you to get small business grants or any other grants easier.

The investment can also depend on degree of influence of results of realization of the investment project on internal or foreign markets of financial, material products and services, work, and also on ecological and social conditions:

* the global projects, which realization essentially influences an economic, social or ecological situation on the Earth;

* the economic projects, which realization essentially influences an economic, social or ecological country situation and at their estimation it is possible to be limited to accounting only this influence;

* the large-scale projects, which realization essentially influences an economic, social or ecological situation in separately taken country;

* the local projects, which realization doesn’t render essential influence on an economic, social or ecological situation in certain regions and (or) cities, on level and structure of the prices on goods markets.

Feature of investment process is its associativity to the uncertainty which degree can vary considerably, therefore depending on risk size of investment projects and it is also subdivided:

* the reliable projects characterized by high probability of reception of warranted results (for example, projects fulfilled under the state order);

* brave projects for which high degree of uncertainty as costs, and results is characteristic (for example, the projects connected with creation of new productions and technologies).

In practice the given classification isn’t settling and supposes the further detailed elaboration.

Realization of any investment project pursues a definite purpose. For different projects these purposes can be various, however in the whole they can be united in four groups:

1. Goods preserving in the market;

2. Expansion of production volumes and improvement of quality of goods;

3. Release of new goods;

4. The decision of social and economic tasks.

The definite purpose can be reached different ways,

Therefore the most part of implementable projects has clashing character when different ways of achievement of the same purpose are studied.

Some common features are inherent in all investment projects, allowing them to standardize. It:

* availability of a time log between the moment of investment and the moment of reception of incomes;

* cost project evaluation.

The time interval between the moment of occurrence of the project and the moment of the termination of its realization is called as a project lifecycle (or a design cycle). The termination of existence of the project can be:

* commissioning of objects, the beginning of their operation and use of results of project implementation;

* achievement by the project of the set results;

* the termination of financing of the project;
* the beginning of works on entering into the project of the serious changes which have been not provided by an initial plan, i.e. modernization;

* a conclusion of objects of the project from operation.

The days when governments have been flooding people with all sorts of grants are over. At least for a while. But that does not imply that you must get rid of the idea of getting small business grants.

Everything is doable with nicely balanced attitude; small business grants including.

Go to this blog for more practical tips about grants, how to apply for grants, grant examples, ups and downs of the grants. This info will help you to get small business grants or any other grants in a more convenient way.

If you want to find for your business start up the investor which could invest some financial resources in your projects then you should know how to make everything properly and what kinds of investment there are so you should definitely know what exactly business plan and business strategy you should conclude for getting this very financial aid. That is why it will be interesting for you to read this article.

Realization of the purposes of investment assumes forming of investment projects which provide investors and other project participants with the necessary information for decision making about investment.

The concept of the investment project is treated doubly:

1. As the activity (event) assuming realization of a complex of any actions, definite purposes providing achievement;

2. As the system including a certain kit of organization-legal also and settlement-financial records necessary for realization or describing of actions.

There are various classifications of investment projects. Depending on the signs taken as a principle of classification, it is possible to allocate following kinds of investment projects.

Under the relation to each other:

* independent supposing simultaneous and separate realization and characteristics of their realization don’t influence against each other;

* mutually exclusive i.e. not supposing simultaneous realization. In practice such projects often carry out the same function. From set of alternative projects one can be only performed;

* the investment which complementary realization can occur only jointly.

It is also divided on realization terms (creations and functioning):

* short-term (till 3 years);

* medium-term (3—5 years);

* long-term (over 5 years).

Also divided on scales (more often the project scale is determined by the size of investments):

* the small projects, which action is limited to frameworks of one small firm implementing the project. Basically they represent plans of expansion of production and increase in assortment of issued goods. They are distinguished by rather small terms of realization;

* average projects – it is more often projects of reconstruction and modernization of existing production. They are implemented stage by stage, on separate productions, in strict compliance with in advance developed schedules of receipt of all kinds of resources;

* large-scale projects — projects of large enterprises in which basis is “the new idea” of productions necessary for satisfaction of demand in the internal and external markets;

* megaprojects – it is the target investment programs containing set of interconnected final projects. Such programs can be international, state and regional.

It is also divided on the basic orientation:

* the commercial projects which chief goal is profit earning;

* the social projects focused, for example, on the problem resolution of unemployment in region.

* the ecological projects, which basis are constituted by inhabitancy improvement;

* others

It is very reasonable that government, despite this crisis is not abandoning to help small businesses. And small business grants can be a real helper right now.

But, surely, you should remember that today the fight for small business grants as well as for other kinds of grants has become more fierce. This is logical – more businesses need them. So before you start your fight for the small business grants, please make sure to check out this blog for more
details about grant industry.

Stages of business, task and financing

Let’s consider a way of working of a certain virtual business. We will specify each stage of a task which stands during this moment and also financing ways.

The family business:

* There is an idea and all. Nothing more isn’t present: there are no: business plan, market researches, experience of business dealing, the personnel, a command of managers, potential risks, tasks and finances management. At the best there is an experience of circulation with a product (the goods, service). The idea generator, the head, the contractor is one person.

* What it is necessary to make? To constitute the business plan, to estimate a market outlet, to study competitors, specify, how business will develop, to estimate its potential, to form a team having allocated obligations and to generate structure.
* Usual sources financing are less accessible. The risk level is too great and there is no definiteness in success as in general, and in time of achievement of results. Private investors, the personal savings, some micro credits can also accessible.

Beginning business:

* The business plan is developed. The command is collected. There is a certain structure of the company and the hierarchy is also created. Market research is conducted, clients (and already there are ready contracts and agreements). Preselling preparation of a product is produced.

* What it is necessary to make? Finish product that can be ready to sale to sale, to finish the business plan and marketing researches, to complete a command and to start the process.

* It is not interesting yet to the majority of investors. Only some venture capital trusts can show interest in the event that there is competently constituted business plan, professional command, potential, a know-how (if it is required and the proved ownership right). Search of means is the main task also will occupy from several months till 2 years.

The developing business:

* The Company grows; the product is claimed by the market. Clients are generated and their circle grows. The command is generated and works. The monetary flow is. Shortage of means for development is felt and the market allows developing.

* What it is necessary to make? It is necessary to increase a market share even to the detriment of profitableness, by performance improvement and reduction of costs, to construct the branched out structure and logistics system.

* At this stage the company is a tidbit for all investors and financiers, especially for venture capital trusts. For them it is the most preferable round of financing. Debt instruments are accessible, but they, at wrong planning can put an end to the company (during this period at the company an acute shortage of circulating assets).

It is very important that government, despite this recession is not abandoning to help small businesses. And small business grants can be a true helper today.

But, surely, you should remember that today the fight for small business grants as well as for other kinds of grants is harsher. This is natural – more businesses need them. So before you start your battle for the small business grants, please visit this blog for more
details about grant industry.

Where to find financing? There are variants:

* Banks

* Venture capital trusts

* Leasing

* Etc. etc. etc.

But, pledge is required to banks; venture capital trusts don’t give 100 % of financing, etc. What to do? A direct way is refer to the private investor. Only where to find him this is a question. If there are acquaintances or relatives who can enclose in your business all is clear and if those are not present? It is possible also to wait when the investor will appear.

And try to think non-standardly. If you don’t know where to search for them, let them find you. Make a seminar (presentation) of your project. Your purpose is to interest these people to invest in your project.

It is not necessary to base your seminar on a theme: “give me money”. It is necessary to bring softly and correctly information to the investor that everything told by you at a seminar has under itself some soil for the investment and you are that person who understands a problem to the smallest details that is why for you it is necessary to entrust money under such remarkable idea.

And it shouldn’t be the seminar, under the name: “who has a lot of money come here!”. Show sharpness, don’t deceive people and show them a seminar theme in such foreshortening in which it will interest them. For example, it can consist of several parts: theoretical, practical, and concrete your project. The main thing it should be interesting, useful and you should over be competent.

That is what is necessary for a seminar:

* Time. Date and time should correspond to possibility to visit it.

* the Venue. All should be made in the standard traditions of carrying out of seminars.

* to Find potential investors. Where? First, there are many companies,a concrete personnel (that is – potential private investors of your project). Here they also should dispatch professionally prepared brochure of a seminar. Take the newspaper, magazine – give advertizing.

* to Create a packet for the investor – perfectly prepared printing copy of your seminar which will give out to listeners.

* Make business cards

* Make presentation (not on words), but use software solutions, for example, order a slide and screens. Create additional materials

Rejoice to questions. If there are some questions it means everything has passed not too badly.

Be afraid of questions, if you can’t confidently answer it is a complete failure for you.

And the main task of a seminar it is to trust in yourself and your own project.

Certainly, will come less people than you count, maybe, nobody comes. And so such wouldn’t happen, necessarily ring round and confirm participation of those to whom you personally dispatched invitations. In a week time make one more seminar, for new participants.

The days when governments have been flooding people with all types of grants have passed. At least for some time. But that does not imply that one should forget the idea of getting small business grants.

Everything is doable with nicely balanced attitude; small business grants including.

Read this blog for more practical tips about grants, how to apply for grants, grant examples, ups and downs of the grants. This info will help you to get small business grants or any other grants easier.

Small scale business grants: private investors.

Private investors or as them also call “business angels” is one of financing ways, somehow credit institutes, investment funds, etc. They are more passive and their investment possibilities seldom exceed 1 million dollars.

If you don’t have assets interesting to the creditor, there are no enough means to interest the institutional investor, a business angel, that is required to you to begin new (or to expand existing) business then they are the best choice at an early stage of business.

Let’s make the small classification of business angels:

The co-owner:

Basically it is departed from affairs, secure individuals. The investment is aim to earn money. It is usual acquire a certain part of business and prefer not to interfere with management

The businessman:

Usual it is successful businessmen (businesswoman) and owners of acting business. Unlike co-owners, are ready to incur more risk and to put more money as have a steady source of the income. Their main advantage consists in that they demand less and more freedom in activity allow remaining the observer if certainly all goes well.

The enthusiast:

Prefer not to interfere with managerial process, but with the big enthusiasm take part in strategy development. Basically interests new, earlier the heights not comprehended by them.

Director or the successful manager:

Proceeding from the experience, they believe that precisely know how to manage business. Active enough participants of process business, and at the same time useful, especially at an early stage of business as will help to avoid many problems.

The professional:

Professional investors are most useful at a stage of the development already constructed, business. As their participation in the project can often testify to possible success of the project though and it is not obligatory as their participation, can be considered as a step on a way to portfolio or to the strategic investor.

Financial aid for the small scale business: Sharing of risks

Speaking about prospects of a mass exit of banks on the market of crediting of the enterprises of a small-scale business, we can name two sufficient conditions. The first is the understanding of potential of this market and that circumstance that risks of crediting of a small-scale business is not extreme. They are quite operated by means of a diversification and application of competent technologies. By the way, share of the delayed credits of small enterprises — only 1,5 %. Therefore the will of a management of bank is defining.

The second condition concerns starting financing of small enterprises and the micro financial organizations. In this business, banks won’t manage without the state support in a kind of subsidizing of the rate and guarantees under given out credits.

It is very important that government, despite this crisis is not abandoning to help small businesses. And small business grants can be a real helper today.

But, of course, you should remember that today the fight for small business grants as well as for other types of grants is harsher. This is logical – more businesses need them. So before you start your fight for the small business grants, please make sure to check out this blog for more info about grant industry.

Financing search is simple and difficult process simultaneously. It seems simple money it is a lot of them and they everywhere. Difficult is that it is necessary to convince those who have money to give it to you.
There are some ways of reception of financing. Some are difficult, others less difficult.

The core is in planning, this exact understanding of answers to three questions:

For what you will use money?

It is necessary to know precisely up to that where you are going to spend every cent.

How many money it is necessary?

It is necessary to know precisely when and how many it is required money. How many before start, how many in a month, in a year. Often business suffers crash, because of that the money in first month flow like river, and disappear, before business starts to bear fruit.

How you will return money?

Any investor interests not only that, how many he will earn, and how he will return the money back (plus that what he will earn). You should understand precisely how you will return the borrowed.

Financing sources:

You – you are the first source to which it is necessary to pay attention. Perhaps, disposal of the old unnecessary car and the ground area in 300 km from a city purchased on prospect and you will have the necessary money funds necessary for small business. Can cost to pledge in bank old apartment if there is a confidence of having success in business. Keep in mind that the majority of creditors won’t finance 100 percent of your idea so you should put up some money independently.

Your acquaintances – look back, maybe, your schoolmate perfectly feels and will be fast in notorious “gold billion”. It is possible to convince of genius plan to your friend.

The bank – If you have good credit history – then the bank is a place where it is necessary to go. Despite percent, probability to obtain the credit to the businessman with good credit history it is great enough and under quite acceptable conditions. As a minus, availability of restrictions on the sum of credits, requirements to pledge etc., etc.

Venture capital trusts – at venture capital trusts is a lot of Money, if the money have ended, know where to take. With expansion of globalization ever less the reasons to be afraid that at the successful business plan you don’t receive money because any fund has any restrictions, always there will be others. But, the venture capital comes not on long. Also that to receive from them money your business really should not only bring the income now, but also to be attractive in some years, attractive from the point of view of the goods.

The days when governments have been showering people with all sorts of grants are over. At least for some time. But that does not mean that you should forget the idea of getting small business grants.

Everything is doable with wise attitude; small business grants including.

Visit this blog for more practical tips about grants, how to apply for grants, grant examples, traps and ticks of the grants. This information will help you to get small business grants or any other grants in a more convenient way.

Special programs for the business start up

If business works already at least six months then there is a possibility to take a loan in other banks under the joint program from the European Reconstruction and Development Bank. Rates under such programs start from 17-20 % in a dollar or euro currency. If means are necessary on purchasing of the equipment, real estate and a car, it is necessary to bring to 30 % of advance. The maximum crediting period is till five-seven years, a credit amount — to $3-5 million or their equivalent.

Means are given by many banks, both on replenishment of circulating assets and on purchasing of basic funds. However, if in the second case it is possible to count on the maximum credit period for “injections” in circulating capitals banks give money only for a year-two.

Also in all cases it is necessary to provide the money received on credit with liquid pledge. And if the equipment, real estate or a car is on credit acquired, it can appear insufficiently and it is necessary to pledge something else — real estate or the car. Moreover and at that cost which will be exposed by the bank appraiser.

Bank’s severe selection:

For reception of the credit the businessman should give impressive quantity of documents: from the registration certificate and the inquiry on movement of funds under bank accounts to the reporting for the last half a year-year and the plan of financial receipts for the term of credit reception.

New or “developed” business it is even more difficult: the bank demands the developed business plan which will explain why these goods or service will be on sale is better and will make profit in a year-two. It is very probable that to the borrower beginning new business will suggest to finance on 25-30 % of the project for the personal means and the remained 70-75 % — at the expense of the credit. Will analyze cost efficiency of the project captiously — the decision depends on it. If the bank comes to a conclusion that profitability of the project won’t allow the borrower to serve the credit no credit will exist basically.

The estimation of mortgage property is conducted by bank and paid by the borrower. And it is quite probable that assessment value of apartment, office or the equipment will be essential below expected. So banks aspire to secure themselves in case of credit non-payment — that even at urgent sale of pledge on knockdown price money for its repayment has sufficed.

Some banks are ready to support the businessman-borrower — offer so-called “credit vacation” for using first year-two the credit. During this period the client can not repay the credit indebtedness.

The times when governments have been flooding people with all types of grants are over. At least for some time. But that does not imply that one must get rid of the idea of getting small business grants.

Everything is doable with nicely balanced attitude; small business grants including.

Read this blog for more helpful tips about grants, how to apply for grants, grant examples, ups and downs of the grants. This info will help you to get small business grants or any other grants in a more convenient way.

Jack Danny got tired from constant change of a place of work and he has decided to begin the business. Living in suburb, he saw that in district all time there are faults with deliveries of the bakery goods. Here he also has decided to open a bakery. However, having constituted the business plan, Jack has understood: he can cover with own forces only 15-20 % of all costs. Therefore it was necessary to go to bankers.

In words all banks were ready to give money and as has reached business — in one have told” unpromisingly “, in the second they at all don’t credit such business branches and in another the bank agreed to borrow a maximum of 70 % of the necessary sum. Having thought, I have offered partnership to one of friends, and missing 50 % all of us took on credit. However, we will try to extinguish it as soon as possible because to give every year 35 % to bank — it is very unprofitable”, — Jack tells.

If it is necessary to receive pair of hundreds thousand dollars for a business “start”, really, it is necessary to work fairly for it. Someone from banks agrees to give the credit of the state of emergency, working exclusively in service trade and someone — under export-import transactions and someone — to only non-polluting business.

Besides, the bank will demand liquid pledge and will credit, most likely, under the high rate and also foreign currency credits are accessible only to those who already performs export operations.

Whom they give money to?

From the first thirty of banks small-scale business crediting is declared at least by half. But beginning businessmen in the ranks of the clients are ready to see only few of them. However, in the first case the specialist of bank has refused to name even rough credit conditions. All dares exclusively in an individual order, after project studying.

In one of the banks the credit is given both to start new business and on expansion of already working one. The maximum amount — 0,5 millions dollars can reach a crediting period of seven years. The rate is attractive enough: 11,75-14,5 % in dollars and euro. Unconditionally, pledge is required: the real estate, a car, the equipment, even the deposit will approach. Though, the kind of provision and definitive conditions all the same depend on that how much perspective credit managers will consider the business project.

Other banks agree to credit, if business works not less than one-two years, a minimum — half a year. By our estimations, in crediting of new clients today actively and purposefully are engaged no more than 10 banks. Business startups “only are interested to credit the majority in the event that the company and the businessman already have another, core business”, — the head of department on development of small and average business explains.

It is very important that government, despite this recession is not leaving to assist small businesses. And small business grants can be a real helper right now.

But, surely, you should understand that today the fight for small business grants as well as for other types of grants is harsher. This is logical – more businesses need them. So before you start your battle for the small business grants, please visit this blog for more info about grant industry.

Now with a high share of probability it is possible to predict situation development in separately taken industry or a segment for the term up to 10 years. However while not all banks are ready to incur the risks connected with project financing, the large credit organizations of federal level are engaged in this business basically.

Let’s result the general requirements shown to the borrower by banks at project financing. Disorder of figures here rather big, as well as the list of requirements: in one bank the company will ask to make a team of professionals in that industry in which new business opens, in other will impose serious restrictions on economic activities of again created legal entity (firms, as a rule, prefer to implement new projects within the limits of the isolated affiliated structures).

Bankers demand from the client participation in project implementation by own means not less than on 25 %. The rate on project financing, as a rule is on 1 — 2 % above than in a medium-term credit on the investment purposes. Various banks have different restrictions on knockdown price of the agreement of project financing, the sums vary from several millions to several tens millions dollars. However, at projects implementation in regions the sum can be lowered, but it happens seldom enough. So considerable price of contracts speaks high costs which are born by bank by request and project implementation consideration. Term of granting of project financing at some credit organizations already now exceeds 10 years.

Risk of a non-return:

Unconditionally, project financing is more risky, than other forms of financing. Unlike mortgage lending, here not always there is a possibility of reception of adequate pledge. We take for an example financing of building of object of a commercial real estate. Here banks try to adhere to as much as possible conservative policy as, despite a great demand on real estate, developer projects, as a rule, are encumbered by some “national” features.

Among them legal risks: licenses and building licenses and ground area registration frequently turn out already after the building begins. Certain risks accompany also process of erection of real estate: the adherence to deadlines and quality control are required. Not to mention tenants or final buyers of real estate: Guarantees of returning of the enclosed means at the expense of a lease payment so, tenants and buyers also should be financially well-founded are necessary for bank.

In the light of last forecasts of analysts which expect decrease in value of erected habitation and objects of a commercial real estate because of falling of demand for them, the bank also demands certain guarantees of financial soundness of the borrower in case of sharp change of a market situation, for example, falling of rates of rent below the level pledged in the business plan.

Specialists of bank should consider all factors influencing project implementation: capabilities of management which will perform this project, reliability of the conducted market researches, predicting it is sold offered to production (tenancy of premises), and correctness of drawing up of financial calculations.

Besides check of all given documents, insurance of objects of pledge, entering in board of directors of the company of the bank representative with functions of the financial controller, tracing of dates of performance of the project can become additional method of decrease in risk for bank.

The days when governments have been showering people with all types of grants are over. At least for a while. But that does not imply that you must get rid of the idea of getting small business grants.

Everything is possible with wise attitude; small business grants including.

Visit this blog for more helpful tips about grants, how to apply for grants, grant examples, traps and ticks of the grants. This info will help you to get small business grants or any other grants in a more convenient way.

As a rule, the successful companies working in sphere development or in an occupational sector are interested in project financing of the average size. In the development sphere there is a financing of building of new trading complexes or office centers. That is curious, production enterprises often start to build trading companies which effectively develop business and in this connection make the decision on opening of a partial or complete cycle of production.

If to speak about a branch accessory of consumers of project financing it is possible to note a considerable quantity of developers and the building organizations, the companies which are engaged in production of construction materials, the thermal power station companies, and also the companies working in sphere of entertainments.

Nevertheless the chief of department of project financing of Credit administration of Open Society doesn’t consider that project financing is limited to only listed industries. This product can be interesting to any company which doesn’t have adequate security for credit reception in bank on financing of the projects, but there is an attractive project (business idea) which can be interesting to consolidated financing of bank and investors.

Experts have found it difficult to estimate volume of the market of project financing. The data isn’t published today as properly banks don’t show real structure of the transaction on project financing. Today many banks which declare availability in their portfolio of contracts of project financing, actually credit investment programs of the shareholders, naming it project financing.

Actually the bank in this case acts as only passive intermediary; it simply restacks a measure of responsibility for projects implementation and return of means for the shareholders, leaving for itself function of operational servicing of credits. While volumes of the market of project financing aren’t so great, though positive dynamics of growth is available. Project financing occupies an order 10 — 15 % from a portfolio of corporate crediting according to the statistic.

Project financing is a packet deal which is performed with application of different standard credit products (investment and tied credits, leasing, guarantees, letters of credit and etc. The kit of “standard” products as a part of project financing is determined by each concrete case. Unlike the usual credit, in project financing there is no “uniform recipe” and standard procedure, in each separately taken case all individually. The final rate and term of granting of financing are determined depending on industry in which the project is implemented by a railroad train of participants and degree of responsibility of each of them, credit history of the company which has addressed for project financing, and many other factors.

Experts notice that now to receive project financing for long term became where easier, than earlier: the companies have longer credit history, a situation in many industries became much more predicted and investment “horizon” became longer.

It is very crucial that government, despite this crisis is not leaving to assist small businesses. And small business grants can be a real helper today.

But, of course, you should remember that today the fight for small business grants as well as for other types of grants is harsher. This is logical – more businesses need them. So before you start your battle for the small business grants, please check out this blog for more helpful tips about grant industry.

Project financing as a method of creation of business

If you want o start business and don’t have enough money for it so here I want to tell you about another great way of business financing so I hope that this article will be very interesting for you. What the companies should do if for realization of the new project there is no enough financial means, and for attraction of a bank loan there is no adequate pledge? One of possible exits is project financing, but this product while is poorly extended, but it bears in itself high risks for banks.

Recently many companies implement scale projects on expansion of business, its modernization and reconstruction of the enterprises. Some of them for the purpose of a diversification of the business aspire to open the divisions working in industries new to firm.

Along with own means and investments of strategic investors for realization of all these projects business uses the resources involved from financial markets (IPO, release of debt obligations, bank loans). But to place shares or bonds at a stock exchange presume not all: it is rater long process and needs a lot of resources, not to mention that the company should have serious enough credit history or occupy a considerable market share in the segment.

As to a bank loan here all is standard enough and conservative: as repayment sources monetary flows from acting business are used, and as provision of borrowed funds assets of the enterprise available prior to the beginning of project implementation or the guarantor serve. But what to do if business is started from straight? It is improbable that the average bank will give financing exclusively under the enterprise business plan even if the borrower is rather solid company, for example, woodworking industry which has decided to be engaged in building. The risk of a non-return in this case will be rather great: the company never worked in developer industry, doesn’t possess corresponding experience and the personnel.

And still it is necessary to recognize that building commercial and a residential real estate is now rather profitable business. Therefore some banks which are having counted all pro’s and con’s, even more often agree to finance similar projects. This direction of risky lending rather new to the bank business is usual project financing.

Today the companies who are decided to be engaged in business can receive “longer” money — and under more low interests, than 2 – 3 years ago. Dynamics of growth of the given direction is rather big as it testifies to growing interest of the companies to this service — for last year the volume of a design portfolio has increased more than in 3 times.

The days when governments have been showering people with all sorts of grants are over. At least for some time. But that does not imply that you must get rid of the idea of getting small business grants.

Everything is possible with smart attitude; small business grants including.

Go to this blog for more practical tips about grants, how to apply for grants, grant samples, ups and downs of the grants. This information will help you to get small business grants or any other grants in a more convenient way.

In case of availability of positive credit history to take the subsequent credit it will turn out much faster, in many banks and also will be provided soft terms and reduced interest rates. The packet of necessary documents depends on the required sum and accordingly more inquiries it is necessary to give. A standard kit of documents is documents of main activity (contracts with suppliers and buyers, the lease contract), constituent documents, and accounting records.

Often enough banks demand credit provision (pledge) is there can be an equipment or property (real estate, a car, the transport which is in the property of firm or belonging to the creditor). Also credit security can be the goods in turnover.

In most cases banks conduct pledge estimation independently. The pledge sum should cover the size of the credit and percent for all term. Thus the bank takes into consideration liquidity of pledge and a beret for a basis a maximum of 70 % of its assessment value more often.

Besides, conventional banks make the demand – to insure mortgage property. It is connected, including that according to the current legislation, in case of bankruptcy of firm situations when due to the law to bank assets can’t be collected from businessmen – proprietors of business. The property under pledge arrives on auction, and the bank has on it no preferential right. Experts advise not to be afraid of similar conditions, after all in the event that the borrower brings in time monthly payment he won’t have nay problems afterwards. Many banks give the loan to the client who leaves pledge in a form of, for example, machines, considering such the decision as more proof of gravity of the client.

Some banks have entered restrictions in issue of credits by the nature of activity and don’t give loans to the organizations which are engaged in extraction and realization of minerals, a gaming. Banks willingly credit production and service trade. But nevertheless there is one more circumstance is an unwillingness of banks to work with beginning businessmen. For credit reception the demand that the enterprise functioned not less than 6 month – year of work more often is needed, after all the most part of bankruptcies happens in the first year of work of firm.

But to receive start capital nevertheless is real. For example, in the event that the proprietor of the company is the skilled businessman, or having functioning at the moment of a capture of the credit or having experience of successful business dealing in the past. The decision for “beginners” the no-purpose consumer loan or the private loan can become optimum, it will be possible to address in bank later and to use small-scale business credit programs.

It is very reasonable that government, despite this recession is not abandoning to assist small businesses. And small business grants can be a real helper right now.

But, of course, you should remember that today the fight for small business grants as well as for other kinds of grants is harsher. This is logical – more businesses need them. So before you start your fight for the small business grants, please check out this blog for more info about grant industry.

Small-scale business crediting

Today many banks assert that small-scale business crediting and it is one of their priority tasks. But in practice this statement is not implemented, after all to take the credit for a small firm is a very difficult task.

In a similar situation each party has arguments and explanations. Banks are confused with small scale business that makes difficult a real estimation of its fortune, besides; frequently there is no mortgage provision. Owners of small-scale business very often have no possibility to use credit programs of banks because of the overestimated interest rates at incommensurably short terms of repayment of a loan, and procedure of reception of the credit is difficult and long.

In addition, they don’t have start up capital or representatives of small-scale business don’t reflect a real financial situation in the reporting that considerably reduces probability of reception of money for replenishment of circulating assets or production modernization.

Unconditionally, present conditions of bank crediting of small-scale business are far from perfect. The authorities, understanding complexity of a situation, try to meet half-way business. In many regions government programs of crediting of small-scale business are already implemented. How much such support is effective the time can show. From the city budget the part of the expenses connected with reception of the credit in bank – in particular is compensated to businessmen, also is practiced partial subsidizing of the interest rate. Thus, small-scale business has possibility to receive means with smaller costs.

That fact isn’t called in question that first of all at registration of the credit the borrower pays attention to price parameters – the interest rate, term of repayment and the greatest possible credit amount, and also consideration term of application. The average rate in sphere of crediting of small-scale business constitutes 12-15 % in dollars.

Unconditionally, the rate size has regional features – percent on the country can differ on 1-3 points. However specialists notice that the tendency to equalization of credit rates in the market recently was planned. By the way, experts predict also general decrease in rates. So, according to Association of the banks, with 2002 for 2006 the mid-annual credit rate has decreased from 26,6 % to 16,2 %. The sum of crediting of small-scale business varies from 5 thousand to 1,5 million euro for the term from 6 months till 7 years.

Besides, it is necessary to consider about accompanying payments – the commissions which can increase monthly payment. Banks which specialize on crediting of small and average business can grant a delay of principal payment for the term from a month and about to one year, but don’t release from repayment of current percent. Before to take the credit, it is necessary to estimate the possibilities and problems with money return.

The days when governments have been showering people with all types of grants are over. At least for some time. But that does not imply that you should forget the idea of getting small business grants.

Everything is doable with nicely balanced attitude; small business grants including.

Visit this blog for more practical tips about grants, how to apply for grants, grant samples, traps and ticks of the grants. This info will help you to get small business grants or any other grants faster.

How to prepare for conversation with the venture investor

1. Test the idea in advance

The director for investments of fund of business angels AddVenture recommends before a meeting with the investor to talk with a great number of experts and potential customers, for example, at branch conferences. It is necessary to test the ideas. It is impossible, sitting in a tower from an ivory, to think up a wonderful product.

2. State project essence clearly and understandable

Before the investor would like to list through the multipage pages of business plan if it is available, it is necessary to explain an idea essence in briefly. At the same time to realize idea more accurately. Determination should be clear, short and clinging. Examples: “CatTube — YouTube about cats”. A’Insales is the system of construction of Internet shops in two cliques”. “Easyfinance.com is an on-line-control system of the personal finance — your personal financial officer”.

3. Speak particularly

From mere allegations like “we will earn on advertizing” investors for the last years have got a bit tired. Before convincing the investor in the potential of the idea, calculate “on fingers” on what it is possible particularly to earn. Some experts advise to prove figure analytics, similar projects (“We will have 5 million users, 1 % from them will purchase the expanded account for $10 a month, it will provide $50 000 revenues in a month”).

Don’t ignore world experience. It is necessary to tell that is already made: whether there is a prototype, preliminary arrangements with partners. Otherwise the presentation will look as project or the imagination torn off from the market. References to conversations with the guru in the given theme or heads of the big companies are important too.

4. Tell about a command

Any bright idea grows dim, if there is no command which is capable to embody it. Convince the investor that your command is like this. The managing director of fund notices that in a command should be not only specialists in one field, but also the person that understands component of business. So, if you open Internet shop, it is quite good to have in a command of the former manager of a retail network or supplier company. Necessarily refer to the previous experience of team members in business, in promotion of startups, in industry. He advises also to show that the command with a head has dived into the project, having put up the personal money, having left from the previous work, were spending nights at office …

5. Trust

The general director of fund DST the owner of few companies, advises: the businessman on interview to the investor in no event shouldn’t speak about an exit from business. Whether the investor will believe in your idea if you already start planning how you will throw this business?

It is very crucial that government, despite this recession is not abandoning to help small businesses. And small business grants can be a true helper today.

But, of course, you should remember that today the fight for small business grants as well as for other types of grants is harsher. This is natural – more businesses need them. So before you start your fight for the small business grants, please check out this blog for more
details about grant industry.

If you want to start you own business and are looking for the money capital you should know that state gives grants only to the perspective business and those that can be useful for the state, too. That is why you should be a well acknowledged organizer you make a great business plan and organize everything so it looked perfect for your investors.

The company is concentrated on the strengths and exclusive features, but in a separation from tendencies of development of an external environment that leads to falling and destruction.

D.Miller (1990) has formulated four trajectories of organizational development getting the organization in a situation of “effect of Ikara»:

* Designers — the organization builds the activity on exclusive engineering-design achievements, develops strategy of improvement of quality and economy on costs and is imperceptible for itself sooner or later starts to ignore opinion of the clients concerning issued goods.

* Builders — the companies, having gifted leaders and well organized personnel, develop strategy of expansion and appear involved in such business sector where they have weak idea. It leads to inefficient wasting of their internal resources.

* Pioneers — the organizations having strong research divisions and the advanced kinds of a product, developing only the strength. As a result appear hostages of futuristic projects of the chief designers and inventors.

* Direct-sales representatives — the organizations with the developed marketing capabilities, a wide market outlet and a known trade mark. Are concentrated on development of the named qualities therefore lose the purpose of the existence. Quality of goods inevitably suffers, and all functioning is concentrated round servicing of orders.

Decisions, basic for the enterprise, it is possible to find by means of technology of a benchmarking. This concept has come from sphere of ground measurements where bench-marks (benchmark) name a point from which lines of heights are counted. The benchmarking in management is a loan of experience from other spheres of activity. Henry Ford has offered an assembly line of cars after acquaintance to technology of works on the Chicago slaughterhouse. In 90th firm management Boeing has conducted research of systems of the organization at the enterprises of the best manufacturers of techniques worldwide. As a result of elimination of separate elements of own organization the firm has reduced a cycle of assemblage of planes with 18 till 8 months.

The modern benchmarking is revived by firm of Xerox which has entered this concept for comparison of management methods, product output and rendering of services. The benchmarking is performed by the analysis and comparison of product samples of own enterprise with goods of others.

Modern strategy of development should connect following factors reasonably:

* knowledge of external possibilities and dangers,

* knowledge and development of internal potential,

* search of ways of achievement of a demand of possibilities of the company,

* aspiration to change the external environment.

The days when governments have been showering people with all types of grants have passed. At least for a while. But that does not imply that one should get rid of the idea of getting small business grants.

Everything is doable with wise approach; small business grants including.

Go to this blog for more practical tips about grants, how to apply for grants, grant samples, ups and downs of the grants. This info will help you to get small business grants or any other grants faster.

If you want to start you own business and you don’t’ have enough monetary resources for it there is always a way out from it as you can always refer for help to the state and get the state grant, but if you wan to get it you will need to have a successful business idea and business plan and you business should be also well organized that is why I wan to help you and teach you of how to plan everything correctly and keep it all under control.

In 1979 L.Graner has allocated five stages of the organizational development, divided by crisis intervals:

1. The stage of development based on creativity. The stage begins at the moment of origin of the company and covers the period of product development, studying of its market outlet. Thus the organizational structure of the company has more likely informal character. Necessity of application of new knowledge, the weak internal control become the reason of the first crisis.

2. The stage of development based on a management. Overcoming of crisis of leadership transfer the company in organizational growth. Here work is accurately planned, professional management is involved. However the bureaucratic structure limits creativity of an average control link that becomes the reason of the second crisis.

3. The stage of development based on delegation. Structural adjustment gives the chance to expand “a power interval” average and first levels. It increases company potential, stimulates its development, but also becomes the reason of the next crisis.

4. The stage of development based on coordination. Control crisis is overcome through coordination of functioning of divisions of the company. During the given period the strategic divisions having high degree of independence at the rigid control from the center are allocated. It gives a new impulse to development, but gradually leads to growth of contradictions between strategic divisions and other structures (crisis of internal border).

5. The stage of development based on cooperation. The great skill of psychologists and the higher managers for overcoming of interpersonal conflicts is also required. Collective consolidation is under construction on the basis of a generality of interests, uniform values. The cycle of development of the company comes to the end with this stage, then because of psychological weariness (all are tired to work as a uniform command) there is a requirement for the first stage — developments of new types of activity, personal contact and an informal management.

Necessity of changes for the organization arises irrespective of ideology of its development. However character of performed changes essentially influences duration of separate stages of development, efficiency of activity of the company. Experience shows that the organization can exist without strategic management. In this sense strategic management acts as a stimulator of activity of the company.

The days when governments have been showering people with all types of grants are over. At least for a while. But that does not imply that you must forget the idea of getting small business grants.

Everything is doable with wise approach; small business grants including.

Read this blog for more helpful tips about grants, how to apply for grants, grant samples, ups and downs of the grants. This info will help you to get small business grants or any other grants faster.

If you want to be the successful businessman, but you don’t have the sufficient capital to start it, you can’t always count on the state grants and financial help of the rich investor, but still you have to know of how to convince them to give you that money and get you business started. So you need to have intelligent and creative thinking.

The future is undefined and will not be such as the present. Strategic decision demands switching on other rules of the analysis. It is actually necessary to “rise” over the present and “to change a point of view”.

Any attempt to base the actions only on a current condition is economically inefficient. It does not mean that it is necessary to refuse from strategic planning. Practice has confirmed necessity and such approach; however it is necessary to try:

* to anticipate possible consequences of current events;

* to plan certain events in the future;

* to consider variants of possible risk.

The changes generating future state, it is possible to find out only by regular search. Between basic opening and their consequences the time interval lies, but for concrete areas of production of a consequence are predicted.

Basically the manager is occupied by the decision of private tasks with the limited kit of influencing factors. Strategic decision demands instant switching on other rules of the analysis and development of variants of the decision.

Neither results, nor resources do not exist in the organization. It is not so easy to see from within, for what the firm receives money. It is necessary to try to look at the business from outside. The attention of the head aimed only in the organization, will not give effective results at accepting of strategic decisions. In itself the organization does not give profit, there are only expenses.

Profit gives the market and consumers. It is possible to find the finance, the new equipment and materials only outside of the enterprise. Some doubts can arise concerning knowledge and it is the major resource. But also with reference to the given area it is possible to notice that escalating of knowledge is connected with attraction of additional specialists or personnel training in other organizations. Besides, it is necessary to remember that knowledge is a public resource and them it is impossible to keep long time in a secret.

Thus, results of business depend from external in relation to the enterprise of sphere, resources and the possibilities involved from the outside.

It is possible to reach results with the use of possibilities, instead of the problem resolution. The problem resolution is usual provides restoration of rates of activity. At the expense of it the head at the best reaches removals of current limiting restrictions. Strategic results are provided with use of the casual or prepared possibilities. The found out possibilities should be used immediately, having concentrated in the given direction of resources and efforts. The manager should distinguish in time the arisen chance and to concentrate attention of workers of the enterprise to this line of business.

It is very reasonable that government, despite this recession is not abandoning to assist small businesses. And small business grants can be a real helper right now.

But, of course, you should understand that today the fight for small business grants as well as for other types of grants is harsher. This is logical – more businesses need them. So before you start your fight for the small business grants, please check out this blog for more
details about grant industry.

Where it is possible to find money for development of own business?

World financial markets revive. In I-st quarter of 2010, according to Ernst and Young, in the world there are 267 bargains IPO (initial public offering) by total cost of $53,2 billion whereas for a relevant period of last year as a result of 52 bargains have involved $1,4 billion and have been concluded. But in domestic companies of an investment great investment reborn is not observed yet. Before crisis investors often shut eyes to absence at the audit companies and opaque structure of the property.

Some foreign investors in the beginning of 2008 have earned hundreds percentages of profits because of their investment in the foreign enterprises. But among investors there are a lot of those who has lost the capital in the foreign market and not only because of crisis.

And still foreign investments and credits today actually unique essential source of the capital for many companies. Manny foreign investment companies from the beginning of 2010 have declared about new enterprises where there can be invested money. The majority of the domestic enterprises are prepared to IPO in 2011. But there are also the companies planning a share issue at a foreign exchange in 2010.

It is remarkable that to IPO in 2010 basically prepared agro industrial companies. Now foreign investors are interested in this branch of economy: it is considered that the agrarian industry is one of the most perspective sectors. And while the choice for portfolio investments in our agro enterprises is insignificant: at the European stock exchange this number is constantly growing.

However, the companies which have postponed IPO till the best times, much more, than the enterprises, ready to take places already in 2010-2011. In the conditions of crisis it has been decided not to spend means for preparation to IPO, and to direct them on manufacture development.

Emitters and investors should consider a world market conjuncture: at first sight, crisis comes to an end, but at any moment in the financial markets there can be next cataclysms. For the company preparing to IPO, it involves capitalization loss: the placing sum can appear below planned.

Not a lot of the companies ready to publicity: after carrying out IPO top management it is necessary to keep in contact regularly with investors and to try to avoid occurrence of negative news in a press.

Alternative and basic platforms of the London stock exchange (AIM LSE and LSE), the Frankfurt stock exchange (FWB) become the basic platforms for placing of actions in many companies. Probably, agro industrial companies will become interested in placing at the Swedish stock exchange OMX: the platform specializes on placing of actions of the agro enterprises.

It is very important that government, despite this recession is not leaving to help small businesses. And small business grants can be a real helper right now.

But, of course, you should understand that today the fight for small business grants as well as for other kinds of grants has become harsher. This is natural – more businesses need them. So before you start your battle for the small business grants, please visit this blog for more
details about grant industry.

The capital for business: not enough resources, but they still are!

For some reason beginning the business are in minority though almost each inhabitant of a planet dreams of it. According to many people all rests against the starting capital, and without money there is not sense to begin the business. However biographies of many great businessmen testify – before to get to the first lines of ratings of billionaires of a planet, they did not have starting capital either. But there was an idea.

For idea can pay the state: State grants.

Having armed with idea and the business plan it is possible to address for the help to the state. In this case your way will lie in Fund of Support of Business. To receive the microcredit there is a possibility at working business and at beginner businessman. The main thing that your offer has convinced expediency of workers of establishment which by competition carrying out will solve, what sum to give out to you or to refuse in general.

However, besides original idea to obtain the state grant it is necessary to have the property. Though workers of fund of support of business disapprove this obligatory point as consider that this condition only frightens off potential borrowers wishing to use the help. To open business for these means, certainly, it is not absolutely probably. It is the help of the state to the businessman. In a priority of reception of this credit those who will open new workplaces and the regions, where the big unemployment. And also to business which will be engaged in manufacture.

Under the law which has been accepted many years ago, the government and local authorities are obliged to put annually in budgets and to allocate for business support the concrete sums, however, unfortunately sometimes it happens not annually. And at local level very often happens so that on reception of money from the local budget depends on personal relations of the head of regional fund with the power. If they good the power allocates.

With that the state not always registers in the budget a line about financial support of businessmen. However, the present management of committee is not interested completely not in the help to small-scale business.

The state enterprises establishments should manage to have in their budget necessary sum for the business developments and especially for those businesses which carries the purpose of state development, like for example, agriculture sector. Yes it is not enough! But still it should help those business sectors which really need state grants and financial aid form the state if they can not get money from anywhere else and they depend only on the state help.

It is very important that government, despite this crisis is not leaving to help small businesses. And small business grants can be a real helper right now.

But, surely, you should understand that today the fight for small business grants as well as for other kinds of grants has become harsher. This is logical – more businesses need them. So before you start your fight for the small business grants, please visit this blog for more info about grant industry.

How to organize the business with a minimum of expenses and capital investments? Few businessmen who begun business about one year ago, have told about business start, how to do it on minimum expenses and also why in work of the new companies they use Internet services and what of them are most useful.

The first company is the analog of Foursquare — defines a site of the user by data from a mobile phone or the computer and allows sharing this information with friends. If there is no information from the companion, positioning on a mobile network or signal Wi-Fi is used. One of founders says that its company in all critical business processes is necessary in Internet services because Internet infrastructure clouds works obviously better, than the self-made decision. The startup needs to grow very quickly, and there is no time and money, for example, on purchase of servers: it is always better to direct available assets on operational expenses.

The basic resource of its company is programmers who by working out create the design documentation and exchange it. For work ordering, and also tracing of a course of projects and problems at first began to use system Basecamp, and then partially have passed to more difficult Acunote which approaches for management of processes in the company.

For management of internal documents system Confluence is used. Instead of purchase of expensive servers it is possible to rent capacities at hosting-service Amazon Elastic Cloud. It raises also reliability of all system that is especially important — after all large corporate users make very high demands to reliability. Service Amazon allows increasing necessary resources during short time, expenses do not exceed $2000 a month, and thus it is not necessary to buy the equipment and to operate a difficult infrastructure. For the adjustment of Internet services one manager, but also the non-staff employee all the same is necessary.

The second company is travel agency which offers the services only in social networks. The general director says that business is based on ability to present a tourist product so that the client could choose only that is necessary to him. In total in the company there are six persons whereas at the office two managers work, the uniform platform in the Internet therefore is necessary. The director already had an experience with Internet service which helps to organize work of employees, and also allows storing contact information of clients and electronic copies of contracts.

At creation of own company the habit has worked — at once have decided to use internet product and now at the repeated reference of the client of any of managers can easily use the personal data for fast registration of the order. Employees plan here the working day and holiday time, and still system co-ordinate is used for marketing, advertising and for company development. For example, in it special projects for management of group Face book and Twitter are got, and also there are problems on search of new employees. There is a statement of budgets and work forward planning. Six working licenses of system stand less than $50 a month. So now you see that you don’t need a lot of money to do your business.

The times when governments have been flooding people with all sorts of grants have passed. At least for a while. But that does not imply that you should forget the idea of getting small business grants.

Everything is possible with wise attitude; small business grants including.

Visit this blog for more practical tips about grants, how to apply for grants, grant samples, traps and ticks of the grants. This info will help you to get small business grants or any other grants faster.

Investment funds for the small business.

One of the stage of fund receiving is company due diligence. More often the fund conducts check by own forces and for the means. They are interested in that the company has been evaluated by the experts, they do not wish to incur another’s risks. If both parties have found the compromise, the company and fund conclude the tie-up then investors receive a share in a company portfolio. All process from an entering into negotiations till the entry moment in the capital can take from three-four months and to about one year.

If after realization of due diligence the fund refuses investment, the company, most likely, should compensate partially the conducted works (on the average $50 thousand). In exchange the proprietor on hands still has all package of documents based on the results of testing. According to operating funds of private equity, despite the fact that there are a lot of those who are wishing to receive financing, to invest in average business is difficult enough. The main problem is revaluation by businessmen of cost of own business, and also experience and knowledge.

In its opinion, domestic businessmen frequently have no skills of drawing up of business plans, it is difficult for them to predict market development and it is even more difficult to present if thee still will exist that company in some years. A problem is also in unavailability of proprietors to changes.

The businessmen, whose business was independently created fro nothing, do not see necessity for various reorganizations or re-structuring, they are not ready to divide supervising posts with investors and painfully perceive fund attempts to participate in management of the company. Investment bankers complain that the basic holders of business quite often perceive them as enemies who as required “will merge” their business to competitors. However operating funds assure that the exit from the company is always adjusted with the basic holders of business, besides, at last there is a prime right to the repayment.

As it was already marked, funds aspire to take active part in management of an acquired company. By the way, for this reason managing directors even more often try to receive a controlling interest.

As a rule, experts are ready to help shareholders and top managers of the companies to develop business plans and strategy of development of the company, to carry out reorganization of business and to re-structure debts. Besides, the western investors insist on the international standards of the financial reporting and the European model of a business management. They, as well as owners of business, are interested in growth of cost of the company. After all after three or five years they will need to fix profit.

The times when governments have been showering people with all types of grants are over. At least for some time. But that does not mean that one should forget the idea of getting small business grants.

Everything is possible with smart attitude; small business grants including.

Read this blog for more practical tips about grants, how to apply for grants, grant samples, ups and downs of the grants. This info will help you to get small business grants or any other grants in a more convenient way.

Frequently private equity funds are sometimes a unique source of financing for representatives of average business. Attraction of the strategic investor not always reasonably, bank loans now very expensive and also not everyone give out them, the internal debt market is closed, and requirements for stockholder equity attraction on cross-border markets for the small companies are frequently excessive.

In many countries actively works an order of many private equity funds, such as: Advent International, Euroventures, P&S Group, etc. Many of them were created not so long ago on means of the international financial organizations, western sovereign, charitable and pension funds, the insurance companies and also private persons. In crisis perspective projects it is almost unreal to find, therefore private equity funds have renewed search of the companies just now when the economy has recovered from shock of 2009.

Life cycle of similar monetary pools, as a rule, constitutes five-ten years. In this time managing directors should find and perform investments, increase cost of acquired companies and to leave them with profit (expected return of investments — not less than 25-30 % annually).

Now funds of private equity are ready to put in the companies on the average from $5 million to $10 million in exchange for 25–60 % of a share of the company. If the enterprise needs in the grater financing, managing funds can consider cooperation variants, for example, recently some companies has closed the transaction on share purchasing in company for the sum $40 million However, large investments are now more likely an exception, for risk minimization managing directors prefer to involve coinvestors.

In spite of the fact that investors declare the readiness to put in money, in practice to receive that money today is much more difficult, than in 2007-2008. Funds are ready to invest exclusively in the company — market leaders who even in the conditions of crisis received the income and had stable demand for issued goods. While investors consider projects in agro sector, but already in 2011-2012, according to managing funds, transactions in financial sector, retail and pharmaceutics, and also in sphere of telecommunications are possible.

Does not frighten investors and the big debt load of business but only in the event that the involved means really will help to solve financial problems of the company and will increase its cost. And here those who is wishing to invest in startups after crisis are not much: as a rule, successful there is one project from several tens, and such risks are now inadmissible.

If the proprietor himself addresses to us behind financing, it needs to constitute the short resume of business: in what sphere it works, what is the situation in branch now. Acceptance of the positive decision is promoted also by availability at managers of the company of the business plan or development of strategy on the nearest three-five years: investors should understand for what borrowed funds will be spent.

It is very important that government, despite this recession is not leaving to help small businesses. And small business grants can be a real helper right now.

But, of course, you should remember that today the fight for small business grants as well as for other kinds of grants is harsher. This is natural – more businesses need them. So before you start your fight for the small business grants, please make sure to check out this blog for more info about grant industry.

To uneducated seller of ice-cream Rey Kroc came the idea of creation of restaurants of the fast food which soon has turned to world famous “McDonald’s”. That is characteristic; Kroc had no not only means for realization of the idea, but also formation. However its all-consuming optimism has led to that the network of restaurants of a fast food works now for many years in one hundred countries of the world. Earn billions on the ideas could such representatives of the world of business:

1. Michel Ferrero and his family, known to us as brands Ferrero Rocher, Nutella, Kinder chocolate, etc., is one of the large producers of chocolate in Europe. The world popularity and the first 10 billions of dollars were brought to him by idea to make chocolate for breakfast part, selling chocolate oil for toasts or sandwiches.

2. Top-manager Brad Hughes who was working on syndicate Property Research and engaged in operations with real estate had the idea to put along highways automatic left-luggage offices for all comers. Having left the company and having established his own business, Brad has earned on this idea 5,3 billions dollars.

3. How you will like the idea to take a usual shirt-polo and to paste on it a simple label with the image of a horse? “New” cloth has been estimated in 50 dollars and “has scattered” as hot pies in a winter icy cold. Simple clerk Ralf Lauren, after this started the popular idea about Polo cloth, and it has enriched him on 5 billion dollars. However, on an embodiment of idea he has borrowed 50 thousand dollars, but as you see, he did not remain in debt.
4. The son of the seller Thaw Worner, quit the college and has decided to earn on release of nice teddy bears with amusing names. As a result he earned 4,5 billion dollars.

5. Jeff Bizos’s first office took places in garage of the city of Seattle. What business he based there? The world’s largest virtual little shop Amazon.com and has begun the business with idea to sell books through the Internet. Also has succeeded: the idea has brought to him 4,4 billions dollars.

6. Co-owners of brand Red Bull of Kaleo Yuvivih and Dietrich Mateshits have realized the idea of creation of a power drink sated with vitamin B for conducting an active way of life and habitués of night walks on the basis of sugar and caffeine. Drink sales have already brought to founders 3,1 and 3 billions dollars accordingly.

7. To Italian Mario Moretti Poligatto has come to mind the idea to let out footwear with small holes on a sole which appointment is to relieve insoles of a sweat smell. At first he has tried to sell idea to Nike Company, but the known concern has not become interested in new production. And now, probably, kicks with envy, after all the idea has brought to Mario 3 billions dollars.

The times when governments have been showering people with all types of grants have passed. At least for some time. But that does not imply that one must get rid of the idea of getting small business grants.

Everything is doable with wise attitude; small business grants including.

Visit this blog for more practical tips about grants, how to apply for grants, grant examples, traps and ticks of the grants. This info will help you to get small business grants or any other grants faster.

How it is possible to open business without having starting capital? Answers to these and other questions, you can find in the given clause.

And it is valid, before everyone who wants to create own business, sooner or later there is a problem of searching of start capital. Those who do not manage to get enough means for opening of the business more often forget about ideas which, probably, would bring to the founder if not milliard of profits and international recognition, but quite stable income. But someone nevertheless manages to find the desired sum or do the business without it. How is it possible?

Why those who start the business are in minority? After all almost each inhabitant of a planet dreams about it? Absence of starting capital is that reason and excuse why people have not managed to open own business. On one hand, it is difficult to argue pompously capital investments. Clearly and to the child that wishing something to produce, it is necessary to have premises and the equipment, at least. In other way: to pull out a notorious small fish from a pond it is required to buy a fishing tackle and to get bait. On the other hand, biographies of many great businessmen testify: that before to get to the first lines of ratings of billionaires of a planet, they did not have a penny. Whether it means, that for business opening there is something more important, than money?

Diversification of the capital or reorientation of means from one industry in another is an ideal method for businessmen already acting or doing the first steps. It is possible to find easily the starting capital for business which to you has had on heart, using incomes of any other business project, can be less interesting, but quickly paid back. For example, my acquaintance the sportsman and the climber, dreams to open own restaurant. But for this purpose he needs 150 thousand dollars. That to find the money he has opened the firm specializing on washing of windows and facades of buildings and rendering of some delicate services.

The competition in this segment is low, and capital investments practically are not required. Later he managed to involve in business also the associates on sports thanks to what the profit has considerably increased. So, opening of new capital restaurant is not behind mountains any more. Most attractive in a diversification is that it is possible to dispose money.

Often there are cases when people who are wishing to open own business expose on sale property objects: apartment, a summer residence, etc. it is good, it is a question of “a superfluous” car or “an unnecessary” summer residence, but it happens that you need to sell the only living space and rent apartment or even a room. What here to tell? Only one: who does not risk, that, as it is known, does not drink champagne. But at such cardinal steps the risk increases repeatedly.

It is very important that government, despite this recession is not leaving to assist small businesses. And small business grants can be a true helper right now.

But, of course, you should remember that today the fight for small business grants as well as for other types of grants is more fierce. This is logical – more businesses need them. So before you start your fight for the small business grants, please make sure to visit this blog for more info about grant industry.

Important is that the history knows examples when business there began out-of-pocket daredevils. However, for the sake of justice it is necessary to add that in most cases earn the capitals authors of ideas could only when have managed to draw attention of so-called business angels.

Business angels or, better to say, private investors unlike the heavenly colleagues not always receive bearers of ideas with open arms. An axiom of enterprise persistence: Christopher Columbus had to convince rich merchants within seven years to finance its expedition which has crowned, as it is known, with opening of America. But for medieval businessmen it was only a mad idea.

Unequivocally it is not necessary to limit a search circle only to metropolitan investors. Experts have calculated that quantity of active business angels in Europe is 125 thousand persons and in America 300 thousand. They operate alone, and as a part of various associations. In Great Britain there are over 18 thousand persons fork up every year on 750 million dollars, putting them in the most favorable, in their opinion, projects. Approximately the third part of projects invested by business angels is necessary for new technologies. An example of the most known “angelic” investment in the world — 91 thousand dollars enclosed in company Apple which have brought to investors 154 millions of net profit.

Besides actively active investors are also potential candidates. There are about one million in Europe and as much in the USA of them. The statistical portrait of business angel is that: middle age — 55 years, every fifth is the millionaire, and 99 % of investors are men.

The impudence and resoluteness will help you with search of business angel. For example, as in due course they have helped Harry Haberlend, decided to begin production of the expensive medical equipment. For this enterprise one million investments were necessary, but enterprising Harry has managed all in 1 thousand dollars.

Understanding that to compete to corporations-billionaires is too hard he has decided to go by the way of partnership, having offered them a property part in the new enterprise and at the same time and to receive an initial capital. For this purpose he has learnt home addresses of 50 holders of the companies on production of medical equipment and through FedEx has sent to each one the letter with the business plan, having spent for it 500 dollars.

150 dollars more has paid to the student who has created design of instruments prepared for issue in program СAD. 20 persons have responded to his letters, from them 14 have agreed to come on a meeting. As a result, 5 investors have enclosed in the newly made company more than one million dollars in exchange for 15 % of shares.

The times when governments have been flooding people with all sorts of grants are over. At least for a while. But that does not imply that you must get rid of the idea of getting small business grants.

Everything is doable with wise attitude; small business grants including.

Visit this blog for more helpful tips about grants, how to apply for grants, grant samples, ups and downs of the grants. This information will help you to get small business grants or any other grants in a more convenient way.

It is clear that for realization of business idea considerable means in most cases can be demanded. Where to take money? How to find the creditor and how to involve investments?

As a variant, it is possible to try to look for money at acquaintances, friends, relatives. But not all have such rich friends or relatives who without any problems can lend you a great sum of money for yours business idea.

There are various Funds of assistance of a small-scale business, including the state grants. Frequently they invest various business projects of beginning businessmen, including and a small-scale business, however quite often they independently choose candidates for investment of their projects or arrange competition or the tender. Thus, from 100 applicants 1 person if he or she offers the most accurate, competent plan for development of the business can appear the lucky beggar. Therefore this variant of crediting of a small-scale business will approach not for all.

One more variant is to address in bank for reception of the credit for business. However banks basically finance already operating small-scale business as wish to insure itself from a credit non-return. The small-scale business at a stage of creation for banks does not represent still the accurate fulfilled structure for return of percent on the credit.

It turns out that realization of yours business idea will not find the continuation?

If you really want you will find. There is always an exit. It is necessary for you to find the investors. In each city there are rich successful businessmen. Usually it is the heads of small or average business who are owners of several enterprises, founders of the various companies etc. They always understand that the money should gain money and searches for possibility of a favorable investment of means for their increase.

These people are steady on the legs; therefore presume to finance your business the project without mortgaging maintenance and guarantors of you. Explain, how much you business idea will be profitable, but for its realization some investments are necessary. Probably, for this purpose to be necessary for you the detailed worked business plan and give to its investor!

Private investors, unlike banks, are ready to put up money not only in development, but also in small-scale business opening. They have possibility of deeper studying of idea of business of the borrower and can penetrate into an essence of created business more detailed. Do not forget that fact that the investor can help you with council or consultation as it already has sufficient experience of creation and development of own business.

Having got of support of the investor, stipulate the cooperation and partnership scheme. Or you pay to the investor percent on the credit, or it will be simple to have the share in your business. Last variant is less preferable, as it essentially limits your independence. What scheme is better to choose for you, but much will depend on the decision of the investor.

It is very reasonable that government, despite this crisis is not leaving to help small businesses. And small business grants can be a real helper today.

But, surely, you should understand that today the fight for small business grants as well as for other types of grants is harsher. This is logical – more businesses need them. So before you start your battle for the small business grants, please make sure to visit this blog for more
details about grant industry.

The sharpest requirement for credits is felt by small enterprises which only start to work in the market, their need in extra resources is satisfied hardly on 5 %. They from the point of view of banks — the most bad borrowers. They do not have experience, there is no lien, and there are turn-overs, stories of success or at least no normal reporting. But there is a risk of that anything similar at the beginner so never and will not appear. And still banks have a chance to run in milliard market of starting micro financing — competently having built in a chain of financial intermediary between the largest foreign both investors and the various microfinancial organizations.

With bank crediting of the enterprises of a small-scale business businesses as of today are marvelously not bad. Judging by the statistical data resulted by an every second, addressing to conferences “Crediting of small and average business” requirements of a small-scale business for bank credits are satisfied approximately on 30 %. If banks, even by the roughest counts, have run in third of market, means, development of other two thirds is a trick and time. Credits to small enterprises have ceased to be the piece phenomenon.
Many problems still remain unsolved, for example the mortgaging legislation, a reservation request to banks, quality of the reporting and a pledged security of businessmen, but in portfolios of regional banks credits to small enterprises already take from 40 to 90 %. And leaders of a banking market go to this business, understanding that should be present at intensively developing segment and to participate in growth of the enterprises which in the long term will increase base of corporate clients and become consumers of other banking services.

On the market of financing of small and average business there are super giants of a banking market, first of all mean. The programs in the market develop “daughters” of foreign banks. With programs of refunding of the banks crediting a small-scale business, the European bank for Reconstruction and Development works, and now Deutsche Bank KfW which has closely become interested in the small-scale business development and money crediting.

Therefore for the further forward development of crediting of small business it is necessary for banks to find technological decisions of two questions: resource base and minimization, distribution of risks.

However everything that is told, concerns only crediting of the enterprises, which already have what to show to bank from the point of view of the reporting, pledges, results of the activity. Different banks demand presence of such vital history of the enterprise for from 6 months till 2 years. Financing those who start and, maybe, even more desperately is in great need of extra resources, banks, as a rule, do not dare. The requirement for starting bank crediting and crediting of individual private businessmen is satisfied hardly on 4—7 %. But hardly in the near future banks will directly participate in financing of starting stages of development of small enterprises and individual businessmen.

The days when governments have been showering people with all types of grants are over. At least for some time. But that does not mean that one should get rid of the idea of getting small business grants.

Everything is doable with wise attitude; small business grants including.

Read this blog for more helpful tips about grants, how to apply for grants, grant samples, ups and downs of the grants. This info will help you to get small business grants or any other grants easier.

The state assistance to development of small business is carried out in following basic directions:

Creation of stable state and not state sources of appropriations for small-scale business support;

Use of rational mechanisms of the control over an expenditure of allocated funds;

Maintenance of activity control and law courts on protection of interests of small enterprises;

Creation of a network of the specialized institutes that are ensuring realization of a state policy of assistance to small business, including: power state structures; non-governmental associations and the organizations; the specialized organizations of an infrastructure; funds, credit, insurance and guarantee establishments, technological parks, business incubators, industrial areas and ranges, educational, consulting, information and serving structures;

Realization of direct financing of activity of small enterprises on the basis of special laws by granting of grants, tax and investment privileges, indemnifications, payments from funds of support of business, placing of public contracts:

Working out of purpose-oriented programs of the state support of a small-scale business on long-term prospect;

Rendering of the consulting help to businessmen; the organization of system of preparation and retraining of businessmen;

Granting to small enterprises on hire basis on favorable terms premises, the equipment, and land lots.

Assistance of foreign trade activities of small enterprises.

Ideas for a small-scale business: what idea of a small-scale business is the best one that can bring you money?

Thousand of ideas for a small-scale business, ten thousand ideas of a small-scale business! But it also can confuse … If to start to re-read all these ideas is can take a lot of time. And what result? A total absence of actions!

Certainly, to look some hundreds ideas for the general erudition costs. And all! What for to take a great interest in reading of all these thousand?
Take some other way!!!

Find the idea for a small-scale business independently, by means of your internal sensations, preferences, desires. How? The plan of action is more low resulted.

1. Be advanced with your favorite business
2. Be advanced with your best skills

3. Think up, considering the first and second item, the idea for a small-scale business!!!

In this triad the most important is the first item as from the business based on favorite business, you can receive all kinds of pleasure – material, spiritual, physical, etc.

Skills always can be generated, acquired, and fulfilled.

(Based on your favorite business), really, it is possible also to peep idea of a small-scale business. If only you knew that you want!

Now an example.

Let’s admit, your favorite business ia studying of rare things. A result – it is possible to create any business connected with restoration, purchase (with the subsequent restoration and sale), a finding, and an exhibition of curiosities!

Let’s admit, your favorite business is travel. A result – tourist business, the program on TV or radio, a column in the newspaper, the Internet edition on similar subjects, excavation, etc.

And after all it is only some examples of possible variants. There are much more of them. But all of them are based on your Favorite Business!!!

It is very crucial that government, despite this recession is not abandoning to help small businesses. And small business grants can be a true helper today.

But, surely, you should remember that today the fight for small business grants as well as for other types of grants is more fierce. This is natural – more businesses need them. So before you start your battle for the small business grants, please make sure to check out this blog for more
details about grant industry.

The majority of foreign states for assistance of development of a small-scale business try to involve means not from the outside and at the expense of mobilization in home market using systems of privileges and national aid. Financial stability of the country directly depends on realization of economic potential of small enterprises, possibilities and conditions of their financial provision. The effective system of the state financial support is of great importance not only for the enterprises, and for a national economy.

Experience of the USA, concerning small-scale business developments, for couples of system of the state contracts, giving the chance to receive the guaranteed seller’s market of production is worthy to accelerate a private fund heap, to increase capacities. Public authorities approve the list of works and services orders on which grant only small enterprises. At a public contract of the company – monopolists are often forced a part order (about 10 %) to transmit to the subcontract to small enterprises.

Compensation of all expenses of the small enterprises connected with training of personnel practices Japan for acceleration of qualitative development of the enterprise, and 2/3 expenses for improvement of professional skill of workers.

Experience of Great Britain where the municipal authority declares competition on fulfillment of different kinds of works will be interesting to local government bodies. The winner receives not only the favorable order but also an initial capital. Support of small business at-sight can become a basis of development of regions and social and economic maintenance of their population.

In Germany at the expense of means of Bank of credit warranties small enterprises have possibility to receive a commercial credit, to constitute the leasing agreement. Also in Germany the system of preferential crediting is applied at development of highly technological productions, to creation of small private enterprises. In this case the payment for use of credit recourses, as a rule does not exceed 6 % annual, and term of credit injection of 10-15 years.

In Canada for granting of loans to small enterprises there are over 200 centers of development. In France with the same purpose are formed companies of the mutual guarantee.

In world practice are also known such forms of support of small business as returning of easy loans in case of successes and loans with preferential interest rates. For example, in Japan are granted long-term loans on favorable terms for small-scale business development in certain regions of the country, production incentive of new kinds of production and replenishment of the core and a working capital of enterprise structures. Thus the state guarantees to banks of commerce duly returning by the enterprises of loans.

In Italy practice of granting of preferential long credits is for example, under 3-5 % annual and at the market interest rate about 15 %. The enterprises can receive a side benefit in 20-30 % of indemnification of cost of a loan at long-term return of the credit.

The days when governments have been showering people with all sorts of grants have passed. At least for a while. But that does not mean that you must get rid of the idea of getting small business grants.

Everything is doable with nicely balanced approach; small business grants including.

Read this blog for more helpful tips about grants, how to apply for grants, grant examples, ups and downs of the grants. This information will help you to get small business grants or any other grants in a more convenient way.

Small business grants: how to receive it?

We all need money to start some particular own business or develop it, but to do this you will need to do the following steps.

Small-scale business: before to begin business:

So, you have decided to be engaged in business and before to begin business it is necessary to adjust yourself for long and responsible work. Creation, expansion, a business management – here over what you should work. You should remember always a competition and to be able to remain ahead of all. But before to begin business, there are things which should be made in advance.

Market research. Research is an integral part of creation of business. Investigate the market and define, who your buyers? Who your paramount buyers? Learn other possible markets in which you can find buyers or offer the unique goods/service.

Choice of partners. Business is the partnership, one business will not construct. For work choose only reliable and skilled people. The partnership can be necessary, as for the organization is concrete your business (management, performance of certain responsible functions), and usual partnership with other businessmen and partners (suppliers, outsourcing, consulting, financing, crediting).

Safe financing. For business opening it is necessary to find financing sources. The most safe are the state grants for small-scale business. Anyway, when you take money for business development, you should secure yourselves against possible risks (in a case not good luck, you should be capable to compensate money, without a fatal damage for business and the personal finance).

Image. Before to begin business, it is necessary to prepare image package that you were easy for remembering, and your company associated at once with the concrete goods/services and any advantages. For example, the potential client should understand that you sell the qualitative goods, at rather cheap price.

Spirit for work. Business is your career, instead of temporary job! Many businessmen think that having been engaged in business they can receive more money, working less. So, it not so. In business you should stick, at least in 2 times more than at simple work. Unique difference is only in that your diligence will be remunerated to the fully (very few people from employers increases salary twice for diligence – a maximum the quarter award), and also that you can always realize the initiatives.

The persistence, flexibility and resoluteness will help you to become successful in business. Even when you have already begun the business, and began to get stable profit – do not stop persistently to work; aspire to become better and to be improved. So now you know what exactly you need for successful business making and for it growth and development. I wish you good luck in all your undertakings.

It is very important that government, despite this recession is not leaving to assist small businesses. And small business grants can be a real helper right now.

But, surely, you should remember that today the fight for small business grants as well as for other types of grants has become more fierce. This is logical – more businesses need them. So before you start your fight for the small business grants, please make sure to visit this blog for more info about grant industry.

If you want to know of how to find and get the business grants you will need to learn of how to create first of all some great business idea of getting money and additional resources for your business development.

How to learn to create your own coin box of business ideas?

Ideas help us to be allocated from crowd, to be creative and original and to realize the potential, to construct successful business. How to learn to create a coin box of business ideas that then it is good to earn on it or get some business grants for your business development?

We know that ideas are the economy engine. Ideas bring to people riches. Also that the most important, ideas change the world. Therefore, it is quite obvious: those who will force surrounding to accept, estimate and grow fond of their ideas will win. Such people will receive money, will find the power and will change the world

We live in a century of ideas. Ideas create and destroy civilizations. Ideas change political modes in the countries and the whole continents. Ideas move the progress. Ideas create the richest conditions in the world.

Idea is here the most important currency of the XXI-st century.

Ideas help us to be allocated from crowd, to show the uniqueness and self-sufficiency, to be creative and original, to realize the potential.

Each of us has special exciting periods of a life when we are overflowed literally with new ideas. We can scoop ideas from the read books and from the seen films, from conversations with interesting people and the heard seminars. Sometimes ideas come spontaneously, during evening walk on streets of a favorite city or during a trip on public transport.

Whether but many are able to operate the ideas? Whether it is a lot of the ideas which have come in the form of sudden inspiration, it was possible to you to keep and realize in a life?

As a rule, the majority of people, having seized any idea, hasten to hang up at once on it one of labels: “it not for me”, or “not now”, or “I will think over it later” … After a while idea is simply forgotten.

And can sometimes happen so that throughout several days ideas simply overflow all your consciousness. You cannot think more of something else. In a head does not remain an empty seat for more interesting ideas new, perhaps, literally.

Though sometimes it happens simply enough to write down that ideas on the paper or electronic carrier, and to release the brain for a birth of new thoughts!

Ideas need to be able to be operated! If we accept value of ideas, as the main currency of the present any successful person should create own bank of ideas. Or, to begin with, a coin box!

It is very reasonable that government, despite this crisis is not abandoning to help small businesses. And small business grants can be a true helper today.

But, surely, you should remember that today the fight for small business grants as well as for other kinds of grants has become harsher. This is natural – more businesses need them. So before you start your fight for the small business grants, please visit this blog for more info about grant industry.

If you want to get a business grants for your business development and growth you will need to find out of where to look for them and how to present your business in that way that nobody would deny giving it to you, that is why you will need to stock yourself with the great ideas oh how to realize it.

What for the coin box of ideas is necessary?

“Any idea, bewitching us, is absolutely useless until then, while we will not decide to take advantage of it “. (Richard Bach)

The collection of ideas accumulated day by day throughout a life, can it be for you a powerful source of inspiration for creation of long-term projects and also a tips for:

For a writing of articles;

For preparation for schools;

For perfection of techniques of sales;

For site creation;

For opening of new business;

For the future advertising campaign;

For holiday planning;

For improvement of relations with relatives and colleagues;

For strengthening of own health

For your business development

For grant receiving

“The coin box of ideas” or in another way can be led “the journal of ideas” as in paper, and in electronic form. All depends on your personal preferences and a way of life. All the same, the most preferable method is conducting “the journal of ideas” on a paper as both hemispheres of a brain thus are more actively connected.

I wish to offer some recommendations for conducting paper and electronic “journal of ideas”.

Paper “journal of ideas”:

It is better to use a notebook of the small size with a firm cover. It will allow to carry constantly your journal with yourself and to save it for long term. The first 10-15 sheets of this notebook take away for the so-called list of “fast ideas”. There you will introduce the short description of any ideas which come to you mind “on the move”. After a while, when there will be a possibility, you can rewrite more in details already the thoughts in one of corresponding sections of the journal.

The subsequent pages of a notebook divide into headings for the ideas for few pages on each. The last pages keep free for addition of new sections the requirement in which can appear later.

Electronic “journal of ideas”

Basically, for storage and ordering of your ideas it is possible to manage perfectly and usual text editor Microsoft Word. Ideas can be stored in one file, or for each section to create different catalogues and subdirectories with text files. But the similar method seems to me very bulky, clumsy and … rather become outdated.

There is more convenient decision developed by domestic programmers. It is the program under name GoldenSectionNotes it is best of the instruments studied by me for ordering and storage of personal paragraphs. The program allows to store all your thoughts in the form of one convenient file in a treelike kind, as much as possible comfortable for work. You can mark separate paragraphs with graphic icons, use colors and pictures in texts, to connect separate ideas among themselves with the help of links.

The times when governments have been showering people with all sorts of grants have passed. At least for some time. But that does not mean that one should get rid of the idea of getting small business grants.

Everything is doable with wise attitude; small business grants including.

Read this blog for more practical tips about grants, how to apply for grants, grant samples, ups and downs of the grants. This information will help you to get small business grants or any other grants faster.

NYС Business Solutions that coordinates development and support of Small Businesses (SB) and also helps businessmen with maintenance of effective interaction with various structures of a municipal administration, NYC-BS supports a small-scale business at competitions on placing of urban and regional orders, assists in selection and training of experts, and also grants help in emergency situations.

A special place in activity of this organization works on realization of some city programs, such as take “SB Financing”, “Reduction of expenses for power supply”, “the Help for re-deployment of industrial enterprises in other areas”, “Interactive information service of businessmen”, etc. the Major mission of NYC-BS is rendering of the effective and duly help to enterprise community of New York in search of the most comprehensible decisions in their activity. NYC-BS actively participates in realization of programs of industrial development of separate urban districts and suburbs, and also in stimulation of businessmen to decision-making on a re-deployment of the enterprises in zones of preferable economic development.

For preservation and development of capacities, increase in number of jobs and achievement of strategic targets and grants of the urban policy directed on development of industrial potential and a diversification of economy of New York, in 2005 the Mayor’s Office for Industrial and Manufacturing Businesses – IMB has been created.

Department of IMB which is structural division of DSBS (The Department of Small Business Services) the basic attention gives to SB development in industrial sphere by creation in various urban districts of special zones for intensive industrial development. In 2006 at the initiative of IMB in a city it has been created 17 of Industrial Business Zones–IBZ for support and development of hi-tech productions. These zones represent the isolated territories intended for effective and dynamical development most demanded city of the productions. Main objectives IBZ are: Acceleration of a diversification of urban economy; Creation of friendly conditions for business development; Creation of more favorable living conditions in a city.

In these zones is not supposed allocation of the areas under housing construction, but there probable only new industrial building, modernization and expansion of active floor spaces.

For the enterprises moved from any urban area in IBZs capital allowances reaching $1000 from each job, the recovery of expenses, connected with an enterprise re-deployment in IBZs (but no more than $100 thousand) are granted: preferential business services from outside local structures of support are granted all enterprises possessed in IBZs and significant tariff discounts for energy carriers and utilities operate.

Along with IBZs in a city there is Empire Zones–EZ which are focused on the accelerated development of the hi-tech and fast extending productions representing the greatest interest for a city economy. It is stimulated: cancellation of the tax from sales, granting of tax credits for the real estate, the equipment and wages. In priority zones the lowered tariffs for energy carriers and for utilities also are applied. In many cases of these zones saving the advantages take places in territory of Zones of industrial business.

It is very important that government, despite this crisis is not abandoning to help small businesses. And small business grants can be a true helper right now.

But, surely, you should remember that today the fight for small business grants as well as for other kinds of grants is more fierce. This is logical – more businesses need them. So before you start your battle for the small business grants, please check out this blog for more helpful tips about grant industry.

The infrastructure of support and development of small business in New York covers wide sections of the state, regional and urban organizations interacting with local self-government institutions, public and private organizations, associations of businessmen and the separate companies. The leading part in development of an urban small-scale business is played by The Department of Small Business Services–DSBS created in 2002 at the mayoralty of New York. Already in 2003 DSBS was consolidated with urban Department of Employment-DE, having generated uniform urban agency DSBS and meeting requirements of small business and their workers.

DSBS ensures the decision of all problems of Small Business (SB), actively interacts with government bodies of various levels. DSBS helps businessmen to receive necessary permissions and licenses, promotes reception of financial resources, participates in competitions on placing of state orders in SB sector and also make the competition for the business grants. This department closely interacts with ethnic communities and public organizations in all corners of a city, trying to strengthen friendship of all fellow citizens to business.

The important line of business DSBS is the help to businessmen in development of new kinds of productions, in expansion of commercial activity, in economic development of separate urban areas and suburbs, and also in attraction of the qualified manpower. The department participates in actions for employment rehabilitation in a city, realizes a number of curriculums on preparation of experts for various spheres of business, and also promotes in search of the qualified experts and their employment under demands of employers.

Besides, DSBS assists businessmen in adjustment of business ties with the state organizations and city public utilities. With the purposes of the accelerated economic development and revival of commercial activity in various parts of New York DSBS closely interacts with an extensive network of urban structures of support of SB. This network includes 81 Local Development Corporations – LDCs, 56 of Business Improvement Districts – BIDs, 17 of Industrial Business Zones-IBZ, 11 Empire Zones-EZs and 9 industrial parks.

In 2004 at the initiative of the mayoralty at DSBS agency of NYС Business Solutions – NYС-BS has been organized. This agency co-ordinates support and development of SB by means of 8 business centers possessed in various parts of a city.

Direct rendering of comprehensive services for SB in all administrative divisions is carried out through a network of the authorized structures of support of SB and other urban agencies. According to development strategy of city NYC-BS renders financial, technical, consulting and organizational support of the enterprise initiatives promoting harmonious development of urban economy and an inhabitancy.

A number of concrete measures on stimulation of initiative activity of SB in all administrative divisions of New York was developed by New York City Industrial Development Agency–NYCIDA which is the state company created as a part of corporation NYCEDC. This agency promotes economic development of administrative divisions and inhabited in them inhabited, industrial and commercial zones. The agency helps in setting of private enterprises and nonprofit institutions to create the branches in New York, to expand scales of their activity, saving active jobs and creating the new.

The days when governments have been flooding people with all types of grants are over. At least for some time. But that does not imply that you should get rid of the idea of getting small business grants.

Everything is doable with smart approach; small business grants including.

Read this blog for more practical tips about grants, how to apply for grants, grant samples, traps and ticks of the grants. This information will help you to get small business grants or any other grants faster.

Small-scale business: the Fiscal incentives and money grants provided for small enterprises.

Among money grants and governmental grants for small business there are special programs created by government to help in development of small business. And in this article we will talk about such governmental helping programs. So if you are interested in it or if you are the owner of the small business so this article will be perfect for you.

Small enterprises constitute separate group which uses special privileges at discharge of tax on profit. One of privileges under the profit tax is provided only for those from them which make and simultaneously process of agricultural and economic production, make food, the consumer goods, construction materials, techniques, medical products and items of medical appointment, and also build objects of housing, industrial, social and nature protection appointment (including it is repair-civil work).

The privilege consists in that these small enterprises do not pay the profit tax in first two years of work provided that the gain from the indicated kinds of activity exceeds 70 % of a total sum of a gain from realization of production by them (works, services). In the third and fourth year of work they pay the tax in size accordingly 25 % and 50 % from the established tax rate on profit if the gain from the indicated kinds of activity constitutes over 90 % of a total sum of a gain from realization of production by them (works, services).

Thus the gain total sum does not join a gain received from realization of main funds both other property, and the incomes having a special tax assessment method (for example, dividends under shares, debenture interests).The indicated privilege does not extend on the enterprises created on the basis of the liquidated (reorganized) enterprises, their branches and structural divisions, including the state as a result of privatization state and municipal enterprises.
Other privilege consists in that at definition of the taxable profit of a small enterprise the profit directed on building is excluded from it, reconstruction and updating of the basic production assets, development of new engineering and technology.

Small enterprises can have privileges at realization of some kinds of the activity, manufacturing commodity items, in the general order. For example, getting the profit directed on financing of capital investments, on charitable installments. Small enterprises can have also privileges under the profit tax in the general order in the presence of invalids working in them. If invalids constitute not less than 50 % from total number of workers the tax rate on profit goes down on 50 %.

At definition of the rights to the indicated privileges average number joins workers consisting in staff, including moonlighter, and also not consisting in staff working under turnkey contracts and other contracts of civil-law character.

It is very reasonable that government, despite this recession is not abandoning to assist small businesses. And small business grants can be a real helper today.

But, of course, you should remember that today the fight for small business grants as well as for other types of grants has become harsher. This is logical – more businesses need them. So before you start your fight for the small business grants, please make sure to visit this blog for more
details about grant industry.

Ensuring emergency money and business grants for your business start and development.

It is not as easy as you could think. The quantity of people that applied for money for their business increases all the time. The completion is rough!

However, force your chances if you want to win your free grant.

If you want to get business grant try to do the following:

• Search and find the best program Grant for your certain requirements.

• Create impressive application which is assured to turn heads and to increase your chances.
• Create the realistic business plan to higher your potential.

• Find out about everything that you should be beware at the writing of your application for grant.

Secret for winning business grants:

You could see on TV somewhere that the government just waits to give you free cash as government grant.

The truth however in that the government grants is given to medical and educational fields more often. To apply and win grant for business is very difficult! That is why it is important to find the right program of grant for your business.

Some grants will are better for your business – and it will accept less work to compete for the application for it.

Here are the things that you should do if you want to get your business grant:

• The first of all you should search for government grants always and spend for it some time and efforts

• 3 alternative methods to obtain out the best government grant that you should offer.

• 3 parts of your business-plan that you should hand it over too.

• Simply focus on method so to make your business plan more personal and a way more powerful.

• add strategic and competitive themes to your business-plan.

Also while searching for the governmental grant you should pay attention to:

• How to now if it is the general swindles of grants designed to steal your money.

Small enterprises and business can also receive other money help and have privileges under the VAT if they manufacture the goods released of it. Besides, they are released of the VAT under leasing bargains in full.

Small enterprises can be among what are released of discharge of tax on the contents of available housing and objects of welfare sphere, for example, if more than 70 % of total amount of realization constitute works on reconstruction and available housing overhaul.

On other groups of taxes and excises small enterprises have no special privileges. To the privileges which have been not connected with the taxation, the right which small enterprises as subjects of small business, concerning an abnormal depreciation of the basic production assets have concerns.

The days when governments have been flooding people with all types of grants have passed. At least for some time. But that does not mean that you must forget the idea of getting small business grants.

Everything is doable with smart attitude; small business grants including.

Visit this blog for more helpful tips about grants, how to apply for grants, grant examples, traps and ticks of the grants. This info will help you to get small business grants or any other grants in a more convenient way.

Would you like to work with small business just now? I do not know which way you choose to work with online or small business in a real way but just now I am going to demonstrate you things you need. Would you like to work with something new and unusual? Here you go! I would like you to work with small business and in case you need some help – just now work with something really nice and really yours. I would like you to work with this program because it is nice and easy.

Collaboration is the best thing you can imagine but if you want to work alone and in addition you are a novice – I do not think it is the best idea for you. Make sure today you have got everything to work with people you need and to find out people for nice and present collaboration.

Make sure today you have got something nice and you should not be sure in cons of small business only. Just now you should see that online or real small business is a platform you have to build your business on. Just now you must be sure here is a thing you should work with – I do not know you will choose some stores to sell out bags and brands choose, you want to deal with something like sales online or you will use something unusual and yours.

As you see choice is a thing small business has got. You should not stop here and wait just now. If you want to be famous – even online or real small business is able to help you. Here are some tips you have to work with – for example, without any tips you can not go along. If you want to work with small business but you do not know how to apply – click below and you will be able to know it. If you need some help to work with small business- here you go.

Small business just now – apply and deal with something new. Which side and kind you choose? I do not know what you need and where your choice will be but in case you stand it firm – why there are hesitations just now. I would like you to work with small business and just to take small business account to get help. You can work with it because you will be given money, help and possibilities you need just now.

Hold it on and soon you will find a thing you need. Oh, I know you need it but as everyone is in hesitations -work with it and no investments – just not you need it!

It is very reasonable that government, despite this recession is not abandoning to help small businesses. And small business grants can be a real helper right now.

But, surely, you should remember that today the fight for small business grants as well as for other kinds of grants is more fierce. This is logical – more businesses need them. So before you start your fight for the small business grants, please make sure to check out this blog for more
details about grant industry.

Would you like to work with small business just now? I do not know which way you choose to work with online or small business in a real way but just now I am going to demonstrate you things you need. Would you like to work with something new and unusual? Here you go! I would like you to work with small business and in case you need some help – just now work with something really nice and really yours. I would like you to work with this program because it is nice and easy.

Collaboration is the best thing you can imagine but if you want to work alone and in addition you are a novice – I do not think it is the best idea for you. Make sure today you have got everything to work with people you need and to find out people for nice and present collaboration.

Make sure today you have got something nice and you should not be sure in cons of small business only. Just now you should see that online or real small business is a platform you have to build your business on. Just now you must be sure here is a thing you should work with – I do not know you will choose some stores to sell out bags and brands choose, you want to deal with something like sales online or you will use something unusual and yours.

As you see choice is a thing small business has got. You should not stop here and wait just now. If you want to be famous – even online or real small business is able to help you. Here are some tips you have to work with – for example, without any tips you can not go along. If you want to work with small business but you do not know how to apply – click below and you will be able to know it. If you need some help to work with small business- here you go.

Small business just now – apply and deal with something new. Which side and kind you choose? I do not know what you need and where your choice will be but in case you stand it firm – why there are hesitations just now. I would like you to work with small business and just to take small business account to get help. You can work with it because you will be given money, help and possibilities you need just now.

Hold it on and soon you will find a thing you need. Oh, I know you need it but as everyone is in hesitations -work with it and no investments – just not you need it!

It is very important that government, despite this crisis is not leaving to assist small businesses. And small business grants can be a real helper today.

But, of course, you should understand that today the fight for small business grants as well as for other types of grants is harsher. This is logical – more businesses need them. So before you start your battle for the small business grants, please visit this blog for more info about grant industry.

Small business may be seems to be hard and not for you at all. I am sure you have to try it out because it is free and popular program. You should not stay here and to be in hesitations. Just try to work with something yours and be sure that everyone wants this kind of business –but you should be better than others to get this kind of small business. Would you like to know more about internet or real small business? You can work with a thing you need and just now –apply and be sure it is a thing you have to rush for.

I would like you to know more about small business and this kind of program. If you want to work with it but you are short of info about it – stop and do no moving. You have to work only in case you have got something firm and you should not stop just now . You should see every pron and con to be sure it is yours and you know a thing to work with. May be you should switch off all the hesitations and logic you use –just listen to your heart and feelings.

I would like you to see every turn in your business and in this small business account program. I want you to stand for people who work in the small business grant program – in case you see you are not the best, just try to be. Only you can rule it in the way you need and you should see that to win the account you must stand firm and you should be sure in business you do and in everything.

I also would like you to try out everything but it is not about the small business grant program. There are no tests you should do because this is government program and you can work with everything you need. Money and help – things you will be given and you should not stop here and now. If you need more tips to work with or if you would like to be you in your own business –it is all about help and small business.

Yes, base is small business and now you can stay with it or develop it in the best way you need. I need you to read tips which are below – stand them, they will give you some help and they will give you collaboration you need. I would like you to deal with small business grant program just now. Apply and just now deal with things you need –get money and reach fame you need. You always get what you want – do not you? Take it now!

It is very important that government, despite this crisis is not abandoning to assist small businesses. And small business grants can be a real helper today.

But, surely, you should understand that today the fight for small business grants as well as for other kinds of grants has become harsher. This is logical – more businesses need them. So before you start your fight for the small business grants, please make sure to check out this blog for more helpful tips about grant industry.

Could you imagine yourself dealing with online or real small business? Here you can put it to the practice and to check it now- what you need and which partners you have to choose. Deal with small business and find out things you need but take it better -would you like to work with tips? Do you need more help? Do not give up and just be sure there is a thing you need –because everything is for you now and here you have got some services which will help you.

I do not know what you think about small business grant program but I want to show you its firmness and why you should work with it now. Small business is really nice and cool but in case you need some help – you should not work without tips and info. There are services which can give you even more than you think and now you should use them. Do not worry about info you need for small business grant program – I will supply you with things you need.

1) Do not work alone. Especially if you are a novice – you need some partners to work with. Be sure that company and good collaboration will do you a lot of good by all means. How about looking your partners just now? There are no limits and you can get partners you need just now. Set up own crew or just work with people which can take you to join.

2) I would like you to see small business needs just now. I do not know which things you will take but info and tips, people to work with – there are things you should work with by all means. There are many limits in online small business, the same one real one contains, but it does not matter in case you are sure in your acts. Work with small business in the mode you need and just do not care about mistakes you can face.

3) Small business needs you to rush. Take your free place just now – without any hurrying you are not able to take its best place. Work with small business easily and just choose kind of business you want. I wish you luck and to stand firm in online or real small business. I want you to stand here and to see everything you need about small business.

Push here to find out more tips and info about small business or small business grant program. Work it out and make sure you have got firm thing to work with small business you need. Would you like to get it now? Do you need support? Here you go!

The days when governments have been flooding people with all sorts of grants have passed. At least for a while. But that does not mean that one should get rid of the idea of getting small business grants.

Everything is doable with smart attitude; small business grants including.

Visit this blog for more practical tips about grants, how to apply for grants, grant samples, traps and ticks of the grants. This information will help you to get small business grants or any other grants easier.

Small business grant is brilliant program – you should work with something new and use this program just now. I would like you to work with the best service now and I want you to see that small business grant is a thing which will help you. I really do not want you to work with other services and I do not want you to set up some searches. I do not know what you need but there is a nice news – you know! Make your choice and be sure small business is a basic thing – work with it, train it out and be sure that small business will help you to start up something yours.

There are some limits online business and real one has got – I am not going to tell you off because you are short of into, but you have to stand firm – with info, tips and partners. Be sure now you will see its firm thing and you will see what small business will give you. Now let us count every advantage small business account has got. For example, work with online business to run it the way you need. Deal with something new and you will see a thing you need.

Would you like to apply for this kind of business just now? I think it is the best and brilliant idea you have got. Are you going to work with internet marketing or you want to set up in your own beauty store? I do not know what you need but soon you will be able to check up what you need. I am going to show you some postulates you should know to work with small business easily and without any hesitations – at all.

1) Be hardworking – only you can run your business to be sure in everything you need and to be sure in your acts.

2) May be small business seems not ok for you but without any checking and tests you are not able to go for more ins. Would you like to apply just now? Would you like to deal with online or just real business? Here you go!

3) Make sure small business it is a firm thing you need – just believe in yourself and follow your aims in business. Try to work with business in the way you need and try to work easily and without any pondering. Would you like to deal with it just now?

There you will receive application and tips you need for small business grant program. Everything you need is here – click here, choose it and be sure small business will help you – anyway work it out and deal with the best things.

It is very crucial that government, despite this recession is not abandoning to assist small businesses. And small business grants can be a true helper today.

But, of course, you should understand that today the fight for small business grants as well as for other types of grants has become harsher. This is logical – more businesses need them. So before you start your fight for the small business grants, please make sure to visit this blog for more helpful tips about grant industry.

Small business seems to be easy and nice but there is no matter what you think about it – soon you will be able to break every myth about small business grant program and you will see its real face. Would you like to know everything about small business grant? Would you like to stand firm right here? Do you want to support your business with the help of online business? here you go. I will help you to work with online or real business or to choose thing you need. Take it and just believe in future, your own business.

Small business grant has got lots of people and respondents to come. Would you like to be one of them? Do you want to work like them? So, you have chosen your way and now it is time to work. Let us start with online business or real one. That is the first step of you and you should choose. I think it is silly to count online business pluses and advantages of real one. Just choose a thing and work with something new.

Would you like to work in a crew or to be alone, working in the small business? I do not know what you need but your ambitions and heard has to tell you. But please, match your feelings with your real ambitions. For example, there is no way for space company in small business. But still you can believe that small road is able to build a foundation for you in the best basic way. Now you need some help, do not you? If you want to get tips and advice for free – get below them, just now.

Small business is not a paranoia and you should take it as you take simple things. Even if you did not manage to get this kind of account – you should not be down and out. Just try not to be exhausted of your job and mix relaxation and work just when you feel you need it. Only right kind of mode can help you not to be tired of all this routine.

Here is a nice news – small business grant is not nice foundation only, but it is also firm sources and the best to set up in with small business. I do not know what you need – to work in the small business and set up in your own grocery shop or just start kids stores online. Remember that only your choice can show you about things you need. And good luck for you now! Push here in case you need someone or something to come to rescue just now. Take it now in a rush not to spend time!

The days when governments have been flooding people with all sorts of grants are over. At least for some time. But that does not mean that one should get rid of the idea of getting small business grants.

Everything is possible with smart approach; small business grants including.

Visit this blog for more helpful tips about grants, how to apply for grants, grant samples, traps and ticks of the grants. This information will help you to get small business grants or any other grants faster.