Lenders generally look at very matter-of-fact figures when analyzing whether to approve or reject a business loan application. Always make sure to choose lenders who operate within the legal limits likes banks and approved financial institutions.
Author: Dheerthan Gajapathy
8 Questions to Answer Before Taking a Business Loan
Taking a business loan is a challenging task. Hence, preparing on your part by answering a few questions before taking a business loan is important! Also, it can go a long way in successfully running your business. Below are the questions you should ask yourself before taking a business loan or will be asked by […]
6 Stages in The Incident Response Plan for Business Events
Why A Business Needs an Incident Response Plan? Having an incident response plan, will help a business in managing the company well during a problem or crisis; with the anticipation of a well-planned solutions. Having an incident response plan before hand by anticipating the potential problems will help a business be proactive; in running the […]
How to Prepare an Incident Response Plan in Business?
An incident response plan is a general plan for dealing with any number of crises that could negatively impact your business. Your incident response plan should describe the types of incidents or crisis situations in which it will need to be used.
6 Simple Steps to Reduce your Business Risks
Businesses need to manage and reduce business risks and disruptions that can bring business to a grinding halt. Risk is an inevitable part of starting and growing a business. It’s impossible to control everything. Whereas there are plenty of ways to limit internal and external threats to your business and its growth.
What Are the Steps in Identify Risks to Your Business?
The first step in preparing a risk management plan is to identify potential risks to your business. Understanding the scope of possible risks will help you develop realistic, cost-effective strategies for dealing with them. It’s important that you think broadly when considering types of risks for your business, rather than just looking at obvious concerns […]
4 Major Categories of Business Risk
Business risk is broken down into four categories. By fully understanding the different types of business risk, you can better understand the methods to reduce the risk and protect your business from serious problems.
How to Apologize Like a Boss?
Everyone makes mistakes, especially the boss. That’s why it’s important to consider the best way to apologize for the mishap even as a boss. If you make a mistake, apologize whether it’s to your customers, employees or co-workers. A good apology is one of the most important tools in workplace communication. Especially as an entrepreneur or […]
4 Steps to The Perfect Business Apology
A good business apology can open, not close, doors! Always be open to apologies for the mistakes you have made. Learn from the 4 steps below for the perfect business apology.
5 Ideas to Boost your Business Growth
Follow these 5 surefire ideas to boost your business growth to the next level. As a small business you will have numerous goals when starting out! Things can get confusing quickly before you may know. So, the one important goal is to focus & boost your business’s growth.