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0 votes
2 answers
232 views

How can I secure a loan when my business is 90% cash?

I’m a small landscaping and garden maintenance company with roughly 65 regular clients consisting of both residential clients and commercial clients. Roughly about 90% of my clients pay cash which in turn hard to keep bank records of cash flow. My work schedule and invoice books shows how much I earn buy all the lenders want bank statements to show my income

Start Up

0 votes
1 answer
168 views

How do I get funding for a social enterprise?

There is a serious shortage of accommodation for the homeless. There are many young people including young refugees in need of training to be able to earn a living for their future. I would like to start a social enterprise where we train these young Australians by teaching them building trades while building small houses in some of the thousands of shipping containers lying idle around the country. As an architect, I know how to create the conversion (having done one already) and I can find the trainer builders. How do I get funding to get the enterprise going until it becomes self funding?

0 votes
2 answers
263 views

Cash Flow / refinancing

I have been in business since 1990 and through ANZ bank have an overdraft for around $145,000. This is pretty much max out sitting around $125,000 and credit cards at $30,000. Trying to start this new business Zoom Zoom Gold Coast and have had training through NEIS program, but now need to change business model but need cash or loans. My original business is senior civil designer that I still do and main source of income. Would really like some help but feel maybe too late, over committed or too old.

2 votes
1 answer
290 views

Struggling

Hi guys Thank you for your time. The last year has seen my company spiraling into from being in the black to being in the red majorly. I cant put my finger on what is going on. We pit our prices up last year by only $5:00 so our average price now starts at just $25:00 which will get you home safely up to 7.5 k and then by $5:00 increments. I am literally at my wits end, we have done i believe everything right but just cant seem to get myself out of almost clasiming financial hardship. Please help any advice would be greatly appreciated and would like to invite you one night with us on a busy evening to see what we do. Thank you Regards Rob Braddock 0490 140 572

1 vote
3 answers
121 views

How do I improve my revenue flow

Mine is a start-up company in the drone and UAV industry. We are 3 partners who have to support the company through our day jobs. Don't want to sound ironic but our business is where the passion is. But we have to keep our jobs to support the business. We have invested about $100k in 14 months of existence. We have spent on capex & marketing. Revenue has been pretty low and we are pondering on how the competition is thriving whilst we are trying our hardest. Need a mentor to put things in correct and unbiased perspective. Need to go the right way.

Start Up

0 votes
2 answers
240 views

how can i get an start up loan(with poor credit)

hi, i have an business idea for a mobile car detailing business. For the last year and a half i have study and put together an business structure, but the only thing stopping me is finance, in order to get this company up and running. so please help me i have clients lined up already and even a subaru car yard ready for to give us an go for contract. thank you for reading.

0 votes
4 answers
228 views

How do I help my ex partner get investment money

My partner is in dire straights she has a business that someone has run into the ground, she just need a little breathing space 100k but banks won't offer. Business turned around 400k profit previously until this doctor decided to run it into the ground to try and take it over. She has worked so hard for this biz, any advice would be great. It is GP On Ebley Bondi junction.

Start Up

0 votes
1 answer
237 views

Debt vs loan

We owe suppliers and have a large electricity bill we pay off. We are currently trying to reduce costs and wages but I'm wondering rather than trying to pay off lots of debts are we best to get a loan and Make one payment every week?

2 votes
1 answer
242 views

How do I negotiate a cheaper rent

Recently I was paying $1800per month rent, my new landlord had a rent review and put my rent up to $3666/mth which was the market price, I’m finding this hard to cover and want to negotiate it down.. I’ve put a lot of work into the premises and it would be hard and costly to move

0 votes
2 answers
201 views

How do I get ready for the next phase of my business with very little cash flow

18 months ago I took on a small supermarket which I was manager when the big retailer didn’t want it anymore. I have used all of our family savings to bank roll this shop. The shop is in a small mining community. With the mining down turn the shop sale plummeted lower than ever before. But now there is something big on the horizon as a another mine looks set to move into our town breathing a lot of new live into the town and into the struggling business including my own. My issue is that I have little to no cash flow to be able to prepaid the shop for the new future it is facing. There is currently only 150 family’s in town and this number is expected to be 500 by the end of the year.