Work with your bank to beat the recession

Robert CravenIf you put together a water tight business plan you can get money out of your bank manager even in troubled economic times such as those we're currently experiencing. Robert Craven uses a real life example to illustrate how.

Here's an example of a quick 'n' dirty plan adopted by a recent client (a precision engineering works employing six people) – this activity turned the business around.

It is a series of small changes which, when combined, have a massive impact. No one activity on its own would have a great impact but when put together you can see that there is a huge benefit to the business.

Here's the list:

 

To read the rest of the article you'll need to log in below

If you've forgotten your details click here for a reminder.

If you haven't got an account, it's free to set up and only takes a minute,
click here to register

Create your FREE BusinessZone.co.uk account to:

  • Access all articles in full
  • View multimedia
  • Receive email bulletins
  • Send private messages
Register now

Login

Forgotten your password?

How Anthony Lau, founder of Cyclehoop, won The Pitch 2009, BusinessZone.co.uk's £50,000 small business competition.