Ways of raising finance for different types of businesses.

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context.

There are three key areas to raise money: bank dept, private investors and venture capitalists.

The first area is bank debt. If you are a start-up business, bank dept is not an area which you’re going to find very successful, because banks won’t to lend to high-risk businesses. If you don’t have any trading story, they are unlikely to provide a personal guarantee to the bank, perhaps putting your house at risk.

The second area is private investors or business angels. They are typically wealthy individuals that over their life have saved up a considerable amount of money which they want to invest in high-risk, high-return businesses. These are individuals that have decided not to invest in the stock market, which is large, lower- risk investments but to take up an opportunity to make ten times their money by investing in start-up businesses.

And the third area is venture capital. It is only appropriate for business people that are looking to raise more than a million pounds. It is less than a million pounds then you need to go down the private investor route.

In conclusion I’d like to say that if you are an established business looking to raise money then the bank dept route is probably the most appropriate. If it is under a million pounds it’s private investors, and if it’s over a million pounds it’s venture capital.

Key indicators of а company's financial success. Ways to increase revenue

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context.

There are three key indicators of a company's financial success: market, industry and management team.

Now the market is an important area because products, which are selling into a large and fast-growing market, bring very a big profit. And the market, it's important to note, is all about the buyers - so who is going to buy my product, at what price are they going to buy it?

The second area is industry and the industry is all about the sellers. It's all about the competition. So if you're Renault you're competing against Volkswagen, BMW, and er Mercedes Benz, for example. So, starting a business you need to make sure that you have a lot of competitive advantage.

And the final area is the management team. And management teams are very difficult to assess. You should look at the experience of the management team, that is how well do they understand the market and the industry that they are going into. You should look at the ability of the management team to execute on their business plan.

The growth and development of the company associated with the development and implementation of the strategy and tactics of the increase enterprise profitability through effective management of the formation and distribution of its income. It is a complex process based on a deep knowledge of market conditions, business opportunities and factors that determine the competitiveness of enterprises, the ability to foresee the real ways of obtaining high performance.

To sum up, I would like to say, that if you look at all the areas that your product will bring a big revenue. In my opinion, an important industry is management team, because many workers can’t work as a team, they work with the extraction of benefits for themselves.

Quality

Key characteristics оf high-quality goods. The concept of quality

What is the quality of a product? It is the customer’s assessment of its attributes. It is an individual and public expectations.

Over the past few decades, there has been increasing attention on quality in terms of such features as appearance, reliability, durability, serviceability, and so on. The concept of quality concerns how well and for how long a product or service meets the requirements.

Quality is the set of features and characteristics of a product or service that bears its ability to satisfy certain needs.

There are three variations of definition of quality.

First is the traditional definition of quality as distinctive. The traditional notion of quality implies exclusivity. It doesn’t offer benchmarks to measure quality. It doesn’t attempt to define quality. One instinctively knows quality.

Second is exceeding high standards. Excellence is often used with quality and is considered as an absolutist measure of quality. There are two notions of excellence in relation to quality, excellence in relation to standards and excellence as ‘zero defects”.

Third is checking standards. A ‘quality’ product in this sense is set of quality checks. The checks are based on attainable criteria that rejects defective items.

‘Quality’ is thus attributed to all those items that fulfill the minimum standards set by the manufacturer.

Taking everything into consideration I am inclined to believe, that quality is improved if standards are raised. A product that meets a higher standard is a higher quality product.