Getting a Business Loan: Know Your Numbers and Financial Performance
When looking at getting a business loan one aspect of your business you must be comfortable with is your financial performance… you have to know your numbers. And yet being able to read (and understand!) a Balance Sheet and a Profit and Loss is one aspect of running a successful business that eludes many business owners.
In this clip from a seminar Business Loan Services’ Rob Warlow looks at the importance of knowing your numbers when applying for a business loan or any form of business finance.