Your guide to business financing

Understand everything you need to know about business financing in order to grow your small business.

What is business finance?

Put simply, business finance refers to the funds you need to set up and run your small business, especially in the early stages. Your finance business options can come in many forms. Read the article for details on the methods of business financing you can take in order to grow your small business.

Government assistance packages.  New Zealand will be rolling out a range of support packages and assistance aimed at reducing economic impacts on businesses due to COVID-19. It’s one of the largest in the world on a per capita basis and businesses are being urged to make full use of what is available to them. Let’s review the primary business support measures being rolled out.
Government assistance packages.  New Zealand will be rolling out a range of support packages and assistance aimed at reducing economic impacts on businesses due to COVID-19. It’s one of the largest in the world on a per capita basis and businesses are being urged to make full use of what is available to them. Let’s review the primary business support measures being rolled out.

Small business financing options

There are several types of small business finance options to unpack before deciding which one is best for your situation or stage of your business growth. Read the article to learn what your business loan possibilities are and how they measure up.

Types of finance

Learning about types of finance is a necessary reality when starting or running a small business. You’ll need to carefully pick through the types of business finance that fit your particular circumstances. Read the article to find out the types of finance for your small business and important things to consider.

Government assistance packages.  New Zealand will be rolling out a range of support packages and assistance aimed at reducing economic impacts on businesses due to COVID-19. It’s one of the largest in the world on a per capita basis and businesses are being urged to make full use of what is available to them. Let’s review the primary business support measures being rolled out.
Government assistance packages.  New Zealand will be rolling out a range of support packages and assistance aimed at reducing economic impacts on businesses due to COVID-19. It’s one of the largest in the world on a per capita basis and businesses are being urged to make full use of what is available to them. Let’s review the primary business support measures being rolled out.

Tools used in financial management

The tools used in financial management of your business can make or break your financial success. If you want to reinforce your business, there are assorted financial management tools you can get your hands on to help. In this article you’ll discover tools that will boost your small business financial management efficiency and techniques.

Cash management techniques

Cash management techniques are the ‘ABCs’ of good business management. If your small business cash management techniques are subpar, your business will struggle to grow. Simple as that. Read our article to find out about techniques to help be a cash positive and well managed small business.

Government assistance packages.  New Zealand will be rolling out a range of support packages and assistance aimed at reducing economic impacts on businesses due to COVID-19. It’s one of the largest in the world on a per capita basis and businesses are being urged to make full use of what is available to them. Let’s review the primary business support measures being rolled out.
Government assistance packages.  New Zealand will be rolling out a range of support packages and assistance aimed at reducing economic impacts on businesses due to COVID-19. It’s one of the largest in the world on a per capita basis and businesses are being urged to make full use of what is available to them. Let’s review the primary business support measures being rolled out.

The benefits of decoupling personal and business finance

Is your business and personal finance wrapped up together? If so, now might be the time to consider ‘decoupling’. Read the article for three benefits of decoupling personal and business finances.

Financial information FAQs

Why are the principal reasons for small business financing?

Business finance refers to the funds you need to set up and run your small business, especially in the early stages. Your finance business options can come in many forms. There are three key reasons for small businesses to seek funding:

  • Inventory purchases
  • Business expansion
  • Financial strength

Business finance isn’t exclusive to funds at the start-up stage. It also refers to the finances you’ll need to grow your small business.

What are the financing options for small businesses?

There are several types of small business finance options to unpack before deciding which one is best for your situation or stage of your business growth. These include:

  • Bank loans
  • Cash flow loans
  • Self financing 
  • Investor financing

With all these types of funding for small businesses in mind, be sure to weigh your small business financing and lender options carefully before committing your small business to a certain avenue.

What are the types of business finance?

There are three types of finance for businesses. Each method of funding your business’s start-up or growth comes with unique advantages, drawbacks, requirements and structures. They are:

  1. Internal funding
  2. Debt financing
  3. Equity financing
What tools can you use in financial management for your business?

The tools used in financial management of your business can make or break your financial success. If you want to reinforce your business, there are assorted financial management tools you can get your hands on to help.

Here are a few tools that will boost your small business financial management efficiency and techniques:

  • Simple CRM
  • STP enabled payroll solution
  • Mobile cloud POS
  • Small business financial management software (also known as  accounting software or cloud accounting software).

All this will result in better cashflow and financial techniques, as well as more time and less stress.