Posts Tagged ‘SME Advice
Top Ten Tips for SME’s dealing with Banks
Article by Patrick Sutton, Partner, O’KellySutton in The Sunday Business Post, 26th August 2012.
1. Bank Application Forms:
Get familiar with what banks are looking for at an early stage. Bank requirements vary, depending on the size and nature of the loan. All the banks have application forms on their websites and these will need to be completed.
2. Business Plan:
This is a critical document and, yes, banks do take time to study the plan in detail.
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SME Financial Management
In the challenging economic climate we live in today it can be difficult for business owners to keep focused on the routine mundane task of balancing the books at month end. We in O’KellySutton have seen how a lack of discipline can occur in the financial management area where securing the next order can be all consuming. In trying to maintain a sustainable and viable business it is essential to know where your finances stand every month. The following are basic requirements of any SME;
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