Let us start with who is an entrepreneur.
An Entrepreneurs is an individual who organizes or operates a business or businesses
Building a from foundation
Secret of successful entrepreneurs.
1.Ensuring a steady cash flow.
2.Building a firm foundation
3.Creating a legendary service.
Ensuring a steady cash flow
For you to become a successful entrepreneur. Aside playing to ones passion. you needs to pass the test of purpose.
This means you need to prove, somebody really need your product or services. if you did not find people who will pay you for what you are offering. What you have is a passion, not a business.
At this point making money has to be more important than having fun. It might not really be easy. But you have no choice than coming up with the following.
1. strategies to develop a product or service people want to pay for.
2. strategies to package up your hobby to attract money. And these revenue have to exceed your total cost of providing them. Yes at all time your revenue must exceed your expenses.
3. strategies to maximize your capital. Strategies to invest most of your money in tapping opportunities in your sector. And in implementing the best marketing channel for your product or service. In creating sustainable advantage.
My treasure in this area is don't buy all your fixed assets from the onset. lease them rather.
Reasons.
It is proven solution for collateral/business promoter seeking headache.
it reinforces your image in the market place.
it reinforces your image in the sight of your banker.
Enabling you to invest most, if not all your capital as working capital, means more profit, more bottom line for you.
Conclusion.
Will not like to bore you with the other 2 for now. If you however do need some help in convincing a leasing company to offer you a leasing option. Or in choosing a good leasing company. Simply mail the requirement below to us via nnendumanufacturing@gmail.com
Incorporation documents.
Audited Accounts for the previous two/three years.
Bank Statements within the last 1 year.
Feasibility Study/Business Plan. Cash Flow Projections.
Proforma Invoice, if any/applicable. Letter of Authority to discuss with Bankers.
Company Profile.
1 Passport photograph a directors or contact person.
Identification of a Directors and Personal guarantee of a Director.
An Entrepreneurs is an individual who organizes or operates a business or businesses
Building a from foundation
Secret of successful entrepreneurs.
1.Ensuring a steady cash flow.
2.Building a firm foundation
3.Creating a legendary service.
Ensuring a steady cash flow
For you to become a successful entrepreneur. Aside playing to ones passion. you needs to pass the test of purpose.
This means you need to prove, somebody really need your product or services. if you did not find people who will pay you for what you are offering. What you have is a passion, not a business.
At this point making money has to be more important than having fun. It might not really be easy. But you have no choice than coming up with the following.
1. strategies to develop a product or service people want to pay for.
2. strategies to package up your hobby to attract money. And these revenue have to exceed your total cost of providing them. Yes at all time your revenue must exceed your expenses.
3. strategies to maximize your capital. Strategies to invest most of your money in tapping opportunities in your sector. And in implementing the best marketing channel for your product or service. In creating sustainable advantage.
My treasure in this area is don't buy all your fixed assets from the onset. lease them rather.
Reasons.
It is proven solution for collateral/business promoter seeking headache.
it reinforces your image in the market place.
it reinforces your image in the sight of your banker.
Enabling you to invest most, if not all your capital as working capital, means more profit, more bottom line for you.
Conclusion.
Will not like to bore you with the other 2 for now. If you however do need some help in convincing a leasing company to offer you a leasing option. Or in choosing a good leasing company. Simply mail the requirement below to us via nnendumanufacturing@gmail.com
Incorporation documents.
Audited Accounts for the previous two/three years.
Bank Statements within the last 1 year.
Feasibility Study/Business Plan. Cash Flow Projections.
Proforma Invoice, if any/applicable. Letter of Authority to discuss with Bankers.
Company Profile.
1 Passport photograph a directors or contact person.
Identification of a Directors and Personal guarantee of a Director.
No comments:
Post a Comment