Using Other People’s Money in Your Business

Almost without exception, businesses use other people’s money to some extent to provide the cash that is the lifeblood for a business to operate.  This may involve bank loans or overdrafts, asset finance agreements, credit terms offered by suppliers, funds owed in the future but not yet payable to IRD – or loans from shareholders, friends, family or fools.  With all of these arrangements comes an obligation to repay the funds – usually on an agreed date in the future.

The number one challenge for many businesses is managing cashflow so these future obligations can be met while leaving a cash surplus to fund growth or dividends to the owners.

This Business Owners Forum event is about funding your business’s cashflow needs – and managing cashflow so obligations to others can be met.  This event will be held at the Elevate CA offices – level 4, 35 Robert Street, Whangarei at 8:00am Wednesday 4 October – and will run through to 9:00pm.

As always for Business Owners Forum events, this session will be free of charge and completely free of sales pitches from the supporters or the panellists. And there will be coffee and a light breakfast to lubricate quality discussion.

Business Owners Forums are held monthly – alternating between Whangarei, Albany and Newmarket venues.

If you’d like to attend this event, email Fraser Hurrell (fraser@elevateca.co.nz) before this event fills up. And if you’d like to be included on the invite list for future events, just add your contact details in the box to the right.