Latest Small Business Finance Questions and Answers
Tax relief and share ownership
I recently retired after 17 years as a director. The company was not in a position to buy back the shares and suggested a buy back over a period of four years. Can I claim any relief or will I have to pay tax on the proceeds?
Paying temporary staff in cash
If I take on temporary staff can I just pay them out of petty cash?
Claiming back VAT in the US
We have clients that send invoices to the States with VAT. Could you detail how the US firm goes about claiming back VAT. And conversely if we are charged VAT here from a country in say, Norway, how we go about reclaiming the VAT.
Ways to raise finance
Can you advise me on the best way to gain financing for my new joinery company?
Trying sources of funding
A company funded me to produce four issues of a new magazine but have now withdrawn their support, are there any other sources of funding I can try?
Sources of funding to open a restaurant
Could you give information on getting a loan? I run a successful pizza takeaway business and am now seeking funds to open a restaurant.
Speaking with business angels
How can I get in touch with business angels and will I need a business plan?
Experiencing financial problems
I work for a school of theology and at present we are experiencing financial problems. We have launched an appeal for funds and our bankers are prepared to provide an overdraft but this only puts our costs up. Do you have any other suggestions?
Raising large sums of finance
I need to raise quite a lot of money to get my business started, about £500,000 or even more. What avenues are open to me?
What are business angels?
What is a business angel?
Raising money for expansion
I have been running a newsletter for the last eighteen months and need more money to invest. Any ideas?
Business angel investments
I started a business a year ago and am still making losses. Will a business angel help and how can I find one?
Providing forecast profit and loss accounts
I am looking to open a business bank account and the manager has told me to produce forecast profit and loss and cash flows. Why do I need to do that when I’m not expecting to borrow any money?
Raising money through family members
I run a restaurant, which I opened with a loan from my brother-in-law at normal interest rates. I would now like to open a takeaway too, how can I raise money to do this and be fair to my brother -in-law at the same time?
Where to find relevant investors?
I am a partner in a nursing home. The neighbouring property has come on the market and would be ideal for a sheltered housing complex. I can’t borrow sufficient money on my existing business, so how could I find an investor?
Raising money from private investors
Can I raise money from private investors for my company?
Grants for starting a recruitment business?
I am planning to start my own recruitment business but am having difficulty finding the necessary funding. Are there any grants available?
How to get funding for a film idea
How can I get funding for a film idea, which I think could be a commercial success?
