Raising Finance

Abstract

There is hardly going to be a time when you will not need money as a salon owner. Cash will be required not only for starting the business but also for running, extending or renewing it at some time. Where you go for your money for any of these will depend on the following things:

• (i) how much you need

• (ii) how long you need to pay it back

• (iii) whether the sum required has to be a lump sum

• (iv) what the loan is for.

The important thing to do is to shop around for the best deal. There are a lot of ways of borrowing money, so be sure to find the best one for you.