We own a retail food & catering co. & call for to expand. What liberal of plan do we present to the sandbank for a loan?
We are a family connections owned business that have a retail food operation and a catering division. We hold maxed out our kitchen space. The catering is the fastest growing sector of our business. We own signed a lease for a space for a bigger kitchen and catering office. We immediately necessitate to bring a loan. What sort of paperwork should we submit to the dune as far as a business plan? How in depth does it own to jump? We enjoy a metting on Wednesday.
Answers:
Take ultimate years rates returns and a copy of this years books.
Also hold contained by mind how much you want to spend on your up order. A pious book to hold is RS Means Building Construction Data. It is somewhat pricey but worth the cost. RS MEANS will break down the cost by trade and item. Allow $$ for continuances. IF you do not own a Contractor PLEASE do a subsidise ground check on them and the party running the work. NEVER supply money up front and enjoy a contract out inside layer what is to be done by whom and a time dash for completion. You can and may want to insert a cost clause if the project is not completed prompt. Good luck!
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Answers:
Take ultimate years rates returns and a copy of this years books.
Also hold contained by mind how much you want to spend on your up order. A pious book to hold is RS Means Building Construction Data. It is somewhat pricey but worth the cost. RS MEANS will break down the cost by trade and item. Allow $$ for continuances. IF you do not own a Contractor PLEASE do a subsidise ground check on them and the party running the work. NEVER supply money up front and enjoy a contract out inside layer what is to be done by whom and a time dash for completion. You can and may want to insert a cost clause if the project is not completed prompt. Good luck!