Why Business Plans Don’t Get Funded

Failure is guaranteed if a man does not understand the formula for success and apply them correctly. I say this without any hesitation and I speak from experience in this area. You can be assured that there is a formula for success in all endeavours of life and ignorance of the law is no excuse. The fact that some of us are wise in areas of our success and foolish in other areas where we experience failure goes to show that we all have something to offer each other. The same principle applies when it comes down to raising securing funding. If you do not know what the secrets are for raising finance successfully, then you will need to get an expert to help you learn and master the techniques to obtain a well-grounded knowledge for future success. One thing is certain, you do not wish to become like the masses that are unconsciously incompetent in this subject, often running to the banks and investors with poorly prepared business plans only to be faced with failure. In this article, I will now provide you with an insight into the world of writing an effective business plan for funding to help you raise finance successfully and to do so very quickly. The key to raising finance successfully is your business needs to be ‘Investment Ready’. Unless you have green traffic lights on all these areas I will soon be covering in this article, you will be met with numerous challenges and not be able to raise funding.

The secret for raising finance successfully for business growth was revealed to me whilst working for many years with financial institutions awarding funding to businesses, in my role as a Financial Advisor & Appraisal Manager, spending 50% of my time reviewing and analysing business plans for funding and the remaining 50% managing clients’ relationships post funding to ensure they comply with financial covenants. I can honestly tell you that many of the businesses that were consistently raising funding, used the same tried and tested systems. Those who frequently had challenges were using a multitude of different systems and hardly understood why they were unsuccessful often using petty claims to support their ignorance. You are being warned not to fall into the category of the latter group and, reading this article will put you one step ahead of the pack.

These are the five top reasons why a business plan will be rejected for funding:

1. The marketing strategy shows the business lacks competitive edge in its industry or the business lacks a robust marketing strategy and is likely to fail.

2. The management team is inadequate and in some cases lack the competencies required for business success.

3. The business strategy is unclear with the risk of exposing the funder’s capital to losses.

4. Financial projections are based on a rather optimistic assumptions, which when stress-tested show that the business will fail if the most likely outcomes in the marketplace materialised.

Unless your business has a plan to address all the above problems if they emerge in your business you are guaranteed to fail in your bid to raise funds. The reason is simple; the business plan is a management tool that funders use to carry out their due diligence on businesses that need their hard earn cash. Funders have a range of tools that they use to assess the viability of a business for funding and sadly many small businesses are clue-less about these evaluation techniques for funding decisions. This means that many businesses are not investment ready when they approach a funder and are shocked that their time and money producing the business plan has been wasted. Unless small businesses understand how they are evaluated for funding, the risk of businesses being unable to raise finance for growth even with the proliferation of government backed loans will continue to increase.

In conclusion, before you as a business owner or manager approaches lenders or investors for funding, you are advised to ensure you take on board the points I have shared in this article with you, very seriously. If you are challenged with the technical details of business planning, by all means, seek professional help from experts, as you are more likely to obtain the funding you need, with the right business support solution than attempting to go it alone and be faced with rejections.

I wish you great success with your business funding journey and do keep reading my articles in this subject area and management issues in general.

Tips on Educating Yourself to Become Successful

It is possible for everyone who wants to educate themselves to learn to study more efficiently and successful and to complete the course they started. Do you know that when I did research over successful people I discovered that they all had the same one thing in common; and what was that? They all had a strong passion to become successful and that was what drove them to reach up there to the elite level.Many of the successful people in the world today all believed that it was possible for them to become successful in their chosen field. However many of them did not go ahead and succeed straight away but failed many times before they reach their goals.

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But they never accepted defeat as an option to give up and in my research I found out what kind of tools many of the successful people used to educate themselves. First of all they wrote down their dream goal but then they also became aware of what skills they needed to develop to fulfill their dream. They were prepared to educate, learn and develop new skills for themselves.They sat up little goal in the beginning leading up to the big goal and took the necessary steps to educate themselves to reach these. Many of them kept a note pad where they wrote down affirmation which is a powerful sentence you repeat over and over in your mind until you have learned it by heart. The message is then deeply imprinted in your mind and become part of your natural thinking.

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You take someone like Arnold Schwarzenegger who has gone from an unknown ordinary man to become a very successful man today. He had that dream planted in his mind that this is where he wanted to go. So he kept affirming his dream in his mind and also supported it with visualizing it in his mind, he worked hard on himself did exercise and made sure to get the right kind of nutrition. He broadens his mind by studying and reading widely to educate himself and kept a passion for his goal.

The Energy Healing Power of Natural Medicine

Natural medicine is a system that uses a variety of therapeutic or preventive health care practices such as homeopathy, naturopathy, chiropractic, and herbal medicine. Alternative medicine is also known as traditional, naturopathic, natural or holistic medicine. Proponents of alternative medicine are not refuting the validity of discoveries in and the practical uses of conventional medicine, but are merely trying to put some things into perspective. Due to the widespread interest in natural medicine along with the disappointment and disenchantment with Western medicine, many people, especially in the United States and Europe, where conventional medicine has taken a dominant foothold, are seeking the advice and treatment from naturopathic physicians. These practitioners include herbalists, acupuncturists, naturopaths, chiropractors, and others, who advocate preventative health measures as well as recommend wholesome foods and nutritional supplements for their patients and clients. Considering the growing popularity and effectiveness of alternative health treatments and products, certified and licensed professional practitioners of such medical practices should be given their rightful and respectful place in medical society. Natural medicine has been proven not only to be safe, but more effective than Western medicine in treating many chronic illnesses such as diabetes, hypertension, asthma and many other diseases as well

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The history of Natural Medicine and its roots can be traced back thousands of years to ancient cultures such as India and China. Ayurvedic (E. Indian) and Chinese medicine, along with their diagnostic and herbal systems, are still used in these countries extensively, as well as in the United States, especially in Europe, where alternative medicine is well respected. Chinese herbal medicine has a documented history of over 2500 years in China, and is now widely used by practitioners all over the world. It has been legally practiced in the United States. since the mid seventies by licensed acupuncturists. Homeopathy is also a well-known form of alternative medicine discovered in the 18th century by German physician Samuel Hahnemann, but was practically stamped out in the U.S. in the late nineteenth century by the American Medical Association. In 1938, though, the U.S. Food, Drug, and Cosmetic Act finally recognized homeopathic pharmacopoeia as the legal equivalent of allopathic medicine.Another more contemporary and popular form of herbal medicine, called Western herbalism, can be traced back about two hundred years in America. Samuel Thomson, born in 1769, is considered the father of Western herbalism. He discovered over sixty different medically effective native plants by clinical testing, and on the basis of these findings, devised a theory of disease and botanical drug action. Randy Kidu, D.V.M., Ph.D., writes in his articled entitled A Brief History of Alternative Medicine: “The history of herbal medicine is interesting because herbs have been a part of our diet and pharmacy since man began roaming the earth. Coprophytic evidence (seeds and other plant part(found in preserved fecal pellets) points to herbal use by cavemen. Early herbalists practiced their trade since before recorded history in all parts of the world including China, Egypt, Greece, Rome, Africa, England, the Americas, and Europe. Many herbs are also mentioned in the Bible. Today, based on sheer numbers of folks who use one form of herbal medicine or another, it remains the most-used medicine worldwide.”Twenty-five hundred years after the advent of allopathic medicine, modern medicine is still grappling with the idea that herbal medicine could be an effective treatment, and not just quackery, although thousands of years of recorded history has proved its efficacy. A new model of understanding in medicine needs to be incorporated into the existing allopathic model. Because of the growing popularity and effectiveness of natural medicine, practitioners may eventually be given their deserved place in medical society. The incorporation of natural medical practices into the existing model of conventional Western medicine, including the training of new medical doctors, is now called Complimentary Medicine. In order to solve our health problems, this modern paradigm for treatment in medicine must be promoted. This can only truly emerge when bias, self-interest, greed and discrimination is discarded and diverse medical knowledge is promoted and shared, not only between university trained scientists and medical doctors, but among Alternative Medicine practitioners, philosophers, metaphysicians, and other intelligentsia of society as well.

Skip The Lines – Bring The Amusement Park Right To Your Own Back Yard

There’s no shortage of things to do in Atlanta. From professional sports to amusement parks, there’s something for everyone. In fact, Atlanta is proud to house some of the nations largest amusement attractions, including the ever popular Six Flags Over Georgia. Children (and adults) love the thrill and adrenaline rush of the large roller coasters. However, one thing most people don’t like about amusement parks is the long lines. By the time it’s all said and done, you can spend several hundred dollars for your family to have an afternoon of fun, and only get a few rides in. This year, instead of spending the day waiting in long lines for short rides, why not bring the fun right to your back yard? With today’s technology, you can literally do just that! One of the advantages of living in a large city like Atlanta is that we have large rental companies that can make your special event feel just like a trip to Six Flags… complete with a train and an ice cream cart!

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If you’re trying to replicate the amusement park feel, there are definitely specific items that you’ll want to be on the lookout for. As mentioned previously, ice cream carts and trackless trains help make the special event feel more like a day at Six Flags.In order to make your next special event more special, try some of the following tips:

Head online to do some research on the party rental company that has the selection your looking for. If you want an ice cream cart to complete your theme park adventure, look around until you find what you’re looking for.

Don’t settle for the first website you see. There are literally hundreds of inflatable party rental companies in Atlanta. Keep looking for a website that offers a wide variety of rental items that you’re looking for.

It’s better to rent everything from one company. Renting in bulk can help you save money. Larger companies will offer discounts for larger purchases of multiple units and rental items.

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Having a day of amusement park fun is cheaper and easier than ever before. By bringing the amusement park to your front door by using a party rental industry, you can include more people at a lower price. So next time you’re planning a special day, instead of spending tons of money for just a few people and braving the long lines of amusement parks, invite the whole neighborhood and bring the amusement park right to your own back yard!