finance assignment - The Asian Place - Desi Forum

bananasuit · 17-10-2006, 23:35

well basically when it comes to numbers im a bit of a spak! ...and ive just gotten my assignment for my finance module.. ive got a fair way through but now im stuck...
i need to exlore the methods that could be used to finance the purchase of a business premises bearing in mind the premises i want to buy is £450,000 in the last yr i made a profit of £95,000 with annual sales that exceeded £400,000 ... also there is a member of staff willing to invest £150,000 for a 25% stake of the business

Please help..

Sidra240 · 18-10-2006, 05:45

babe dont have a clue ....anyting to do with business im screwed.....can help with ICT though

DJ B4VVY · 18-10-2006, 08:36

Loans from banks

Government grants

Ask family and friends to help aswell

Career development loans

Ridz · 18-10-2006, 16:58

Omdz Hayley... im in the same boat as u but im nt in uni... lolz well hun here a few possibilities

Princes Trust... they give u money 4 free
rent the premises 4 a while
Bank Loans
Make a better deal with ur employee try get em 2 give 20%
Business Angels.... they give u money 4 fweee

cnt fink of the rest

bananasuit · 18-10-2006, 17:24

i cant use things like business angels as an example

sweet sanju · 18-10-2006, 20:54

u could do stuff like dragon dens and tings like that

Voodookid · 19-10-2006, 01:23

i rote a bunch of things for ya last nite but then my internet explorer crashed.. typical!!!

nehoo...

lets see wht we can do ere..

to get all figures in mind.
PROPERTY £450,000
ANNUAL PROFT £95,000
SALES +£400,000
INVESTMENT £150,000

u need funding/loan of 450,00 but if u use ur investment of 150,000 towards a loan a bank would be more likely to giv it to u as u are puttin a big sum towards it rather than the bank paying all, its a less risk for them.

so borrow a sum of £300,00 and ur profits ryt now are 95,000 of which lets say 50,000 would go back into the business and employees and shit leaving you with 45,000/yr to play with...
if u would put that towards ur repayments for ur loan wud giv u approx 7 yrs of repayments with the interest rates and so on..

duno if thats wht u wanted..

M4RN1 · 19-10-2006, 01:25

Give Sir Alan Sugar a ring, he should know the ins and outs

17-10-2006, 23:35	#1 (permalink)
bananasuit Respected Member Location: sdqwas Gender: Female Country: Posts: 5,774 Rep Power: 187 Rep Level:	finance assignment well basically when it comes to numbers im a bit of a spak! ...and ive just gotten my assignment for my finance module.. ive got a fair way through but now im stuck... i need to exlore the methods that could be used to finance the purchase of a business premises bearing in mind the premises i want to buy is £450,000 in the last yr i made a profit of £95,000 with annual sales that exceeded £400,000 ... also there is a member of staff willing to invest £150,000 for a 25% stake of the business Please help..

18-10-2006, 08:36	#3 (permalink)
DJ B4VVY AP's Devil Location: PUDSEYYYYY Age: 25 Gender: Female Country: Posts: 15,973 My Mood: Rep Power: 587 Rep Level:	Loans from banks Government grants Ask family and friends to help aswell Career development loans DJ B4VVY http://www.youtube.com/B4VVY Please support me!: http://www.facebook.com/pages/DJ-B4VVY/22371339840

18-10-2006, 20:54	#6 (permalink)
sweet sanju Advanced Member Location: kent Age: 22 Gender: Female Country: Posts: 706 My Mood: Rep Power: 91 Rep Level:	u could do stuff like dragon dens and tings like that ~x/X/x~ Asma ~x/X/x~

19-10-2006, 01:25	#8 (permalink)
M4RN1 Bad Hair Day? Use A Comb! Location: Kingdom Heven Age: 24 Gender: Male Country: Posts: 11,093 My Mood: I have 7 Blog Entries Rep Power: 425 Rep Level:	Give Sir Alan Sugar a ring, he should know the ins and outs "Si Vis Pacem, Para Bellum". [De profundis clamo ad te domine]

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18-10-2006, 05:45	#2 (permalink)
Sidra240 Respected Member Location: Uxbridge/AY Age: 22 Gender: Female Country: Posts: 10,088 My Mood: I have 4 Blog Entries Rep Power: 309 Rep Level:	babe dont have a clue ....anyting to do with business im screwed.....can help with ICT though

18-10-2006, 16:58	#4 (permalink)
Ridz Respected Member Location: England Age: 22 Gender: Male Posts: 6,330 Rep Power: 245 Rep Level:	Omdz Hayley... im in the same boat as u but im nt in uni... lolz well hun here a few possibilities Princes Trust... they give u money 4 free rent the premises 4 a while Bank Loans Make a better deal with ur employee try get em 2 give 20% Business Angels.... they give u money 4 fweee cnt fink of the rest

18-10-2006, 17:24	#5 (permalink)
bananasuit Respected Member Location: sdqwas Gender: Female Country: Posts: 5,774 Rep Power: 187 Rep Level:	i cant use things like business angels as an example

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