Recent Articles From EvanCarmichael.com http://www.evancarmichael.com/ http://www.evancarmichael.com/Small-Business-Loans/5054/Why-is-a-Business-Plan-Important.html http://www.evancarmichael.com/Small-Business-Loans/5054/Why-is-a-Business-Plan-Important.html A business plan is a clear and concise way of putting your thoughts onto paper. Contrast to popular belief a bank underwriter does not give more favor or merit to a business plan that is 100+ pages long. Make sure you are being short and to the point. A typical length for a business plan can be 4 to 10 pages in length. Here are the major areas to consider when writing your business plan: http://www.evancarmichael.com/Small-Business-Loans/5054/ARC-Loan-in-Jeopardy-SBA.html http://www.evancarmichael.com/Small-Business-Loans/5054/ARC-Loan-in-Jeopardy-SBA.html Recent news suggests that the ARC is not doing well. Maybe you know this firsthand because you applied for the ARC loan? It has been speculated that the ARC is not doing well due to the risk taken on by the banks with little profit margin to gain. http://www.evancarmichael.com/Small-Business-Loans/5056/Poor-Credit-But-Still-Need-Business-Finance-Are-You-a-Homeowner-Consider-a-Charge-Deal.html http://www.evancarmichael.com/Small-Business-Loans/5056/Poor-Credit-But-Still-Need-Business-Finance-Are-You-a-Homeowner-Consider-a-Charge-Deal.html This article discusses the other options available to you should your business need finance, but for whatever reason you don't have good credit, or you're a brand new start business and require a large sum of money for new assets. Typically known as a charge deal, the funder takes a second charge over your freehold property against the asset they are funding. http://www.evancarmichael.com/Small-Business-Loans/5054/How-to-Speak-With-a-Business-Underwriter.html http://www.evancarmichael.com/Small-Business-Loans/5054/How-to-Speak-With-a-Business-Underwriter.html When speaking to an underwriter do yourself a favor and make sure you are prepared. You should know your business better than anyone else. Be positive; believe in your own cause. If you do not believe in your business why then would an underwriter extend your business credit? Help the underwriter to see the “big picture” and why you are successful. Do not ramble on and on with no purpose. We are all busy. Keep it short and to the point. http://www.evancarmichael.com/Small-Business-Loans/5054/Business-Credit-Cards-versus-Personal-Credit-Cards.html http://www.evancarmichael.com/Small-Business-Loans/5054/Business-Credit-Cards-versus-Personal-Credit-Cards.html I get asked this questions a lot. What is the difference between a business credit card and a personal credit card? http://www.evancarmichael.com/Small-Business-Loans/5054/SBA-Guarantee-Fee-Coming-Back.html http://www.evancarmichael.com/Small-Business-Loans/5054/SBA-Guarantee-Fee-Coming-Back.html It was recently announced that the SBA may be implementing the SBA guarantee fee again. http://www.evancarmichael.com/Small-Business-Loans/5056/UK-Business-Finance--The-Options-Available-To-You.html http://www.evancarmichael.com/Small-Business-Loans/5056/UK-Business-Finance--The-Options-Available-To-You.html This article gives you a straight-forward overview of the typical financial products and options available to your business in the United Kingdom. For some businesses, taking a lease rental may not be ideal - they may instead need an operating lease. Others require an investment for example, or venture capital to aid their growth. This article breaks down what finance options you have available to explore. http://www.evancarmichael.com/Small-Business-Loans/5056/Typical-Flowchart-Explaining-How-a-Vendor-Finance-Deal-Works-for-a-UK-Supplier--From-Start-To-Finish.html http://www.evancarmichael.com/Small-Business-Loans/5056/Typical-Flowchart-Explaining-How-a-Vendor-Finance-Deal-Works-for-a-UK-Supplier--From-Start-To-Finish.html This is a behind the scenes flowchart designed to let you as the UK business owner better understand the typical processes involved when writing a finance deal via your vendor finance scheme. It will be useful for any business owner who has not yet considered offering finance options to their customers because they didn't understand the process involved, or for those business owners currently considering offering finance options but wanting a better understanding of how things would work. http://www.evancarmichael.com/Small-Business-Loans/5056/Lease-Rental-versus-Outright-Purchase--A-Worked-Example.html http://www.evancarmichael.com/Small-Business-Loans/5056/Lease-Rental-versus-Outright-Purchase--A-Worked-Example.html A simple yet useful worked example demonstrating the typical UK tax relief available via taking the leasing route to acquire new equipment for your business, compared to the UK tax relief available on outright purchase. This demonstration is based on the tax percentages currently in place in the United Kingdom. http://www.evancarmichael.com/Small-Business-Loans/5056/Vendor-Finance-Schemes--Benefits-To-Your-UK-Customers--Quick-Guide.html http://www.evancarmichael.com/Small-Business-Loans/5056/Vendor-Finance-Schemes--Benefits-To-Your-UK-Customers--Quick-Guide.html This article is a short and concise guide covering the benefits to your UK customers acheived by leasing their equipment from you, instead of buying it outright using cash from their business account.