Are you one of many that have muttered the words, “new year, new me?” – if you are, then we congratulate you for forward thinking! When it comes to alternative funding for your business, this is exactly the approach you need to be taking into 2019 – it’s time to hit the ground running!
At the start of each year most people are very enthusiastic and full of new positive resolutions, both on a personal side as well as from your business plans perspective. Furthermore, budgeting is also a critically important part of the business planning process.
As we head into a potentially big financial year for your company, the process of planning needs to be thought about relatively quickly. However, a good budget plan is not an activity that is completed in a few hours with few scribbles on a sheet of paper. An ideal budget may take time to complete, with factors such as adding and changing figures as new information comes to light.
To meet and potentially beat your competitors, the business budget for 2019 is huge for your company’s future. While a bit of healthy competition is good for any business improvements, you don’t want a competitor to be coming up with a scheme similar to your great idea, all because you couldn’t match them with your budget.
In addition, it is worth casting your mind back to last year’s financial statements and budget (if they exist). This way you have a better understanding to help you predict next year’s income and expenditure.
However, with a new year, comes the dreaded month of January. Many of us find this time of year rather tentative, especially in a small business environment. But your business doesn’t necessarily have to suffer in the doom and gloom of post Christmas. You can guarantee that other businesses will be taking proactive steps in the first month of the year, so why can’t you adopt the same mantra?
Financing your business might be one of your biggest bugbears, but establishing a solid financial base for your business future is essential. You need to be clear about how much money you are going to need and where to find it.
If you want your business to become a success in 2019, there is simply no excuse to rest on your laurels – especially when alternative funding is an option you can benefit from!
Furthermore, don’t wait until your need for extra funds becomes urgent! This is time of year is perfect for assessing your company finances and funding these routes.
Here at Aurora Capital, we are funding consultants, assisting UK businesses raise the necessary capital they require to facilitate future plans in the company. We have access to 30+ different lenders in a range of different lending markets, enabling us to source the most competitive solutions for your business. Not only will we strive to source the most competitive offers, but we can advise you on the best product for your business moving forward.
So, make sure you enable your business to hit the ground running in 2019. Plan your future quickly and efficiently with Aurora Capital and we can help you reap the benefits you desire!
If you would like to contact us further about activating your business plans or have any questions for our team, please give Aurora Capital a call on 01371 870 815. Alternatively, you can email us via firstname.lastname@example.org.
Happy New Year to all!