Below are details of all publicly archived questions & answers for the "Banking & Finance" category. Wherever possible, Questions & Answers for the public archive are chosen for their broad appeal to a wide range of viewers.
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Funding for a new business
I'm thinking of starting a new business but obviously I will need to raise funding. What are my best options?...More |
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Vendor Financing
My partner and I would like to purchase a small cafe. It is being sold for $39k. The banks won't lend us money as they say cafes are too risky ...More |
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Which bank account can I use?
I have recently set myself up as a sole trader with a registered business name in the area of management consultancy. I currently have a contract to ...More |
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The mechanics of creating shares
If I value my business assets at say $50,000 and I'm interested in setting
up a company structure in order to attract some new capital, (but I ...More |
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How to offer shares
If I incorporate my company, how do I offer shares? What's the process? Can I just wake up one morning and decide to issue 50 shares at $1000 and ...More |
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Licensed cafe lease payments
My partner and I are currently looking in to starting a cafe/bar and would like advice on the best way to pay for our lease. We are thinking of ...More |
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Purchasing a share of a going concern.
My wife and I are self employed and are considering assisting friends who are buying a small business. We are going to put up one third of the ...More |
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Tips on cash flow and receiving payments
We have changed credit terms to COD only for new customer's and provide limited credit terms to historically good customers. This is all ...More |
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Funding & grants
I am looking to start-up a mail order business. What would be my best options for financing and are there grants available in NSW to assist with ...More |
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Registering shares
Our media communication company has been in business for about two years now on a fairly low scale. At this stage we are in the process of migrating ...More |
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Refinancing our business
We have been in business 20 years. We have never considered re-financing and realise this should be done, as of course we may be paying too much. ...More |
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Starting up a restaraunt
I am 21, currently studing business management. I want to start up a restaraunt, which I am certain will be a success. I have experience in this ...More |
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What is the timeline for purchasing a business?
I am in the middle phase of purchasing a business. I have poured over the projections with my accountant, I have contacted a lawyer, I began ...More |
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Arranging start-up finance
I am attempting to raise funds for one of two business ventures:...More |
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Investing in a company
I have been asked to lend some money (say $ 50,000) to help a struggling company finish their fitout of their new premises. They have not received ...More |
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Obtaining a bank guarantee
We are in the process of starting a business in Queensland. We have sold our house to help finance our venture. After 6 months of knockbacks by the ...More |
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Getting loans consolidated
Is it possible to get a loan with a black mark on your credit rating? My wife and I separated last year and she failed to keep up the payments on ...More |
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Improving my cash flow
I am having ongoing problems with my cash flow. I currently have three small loans which are being direct debited out of my business account, plus I ...More |
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Obtaining financial help
Previous to starting a business, I had been bankrupt. I'm now discharged from the bankruptcy (it has been 4 years). I have had no defaults or bad ...More |
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Best return on investment
I wish to invest A$1million in a risk free vehicle to achieve a minimum of 5% interest. What are the best options available in Australia?...More |
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Import/export financing
I am just about to open an import/export agency. I have supplier contacts locally and in East Asia and buyers across Eastern Europe. I have a ...More |
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Line of credit loans
Could you please tell me about a line of credit loan as we are thinking of refinancing our house and business on a line of credit, but I am nervous ...More |
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How do we overcome bad credit?
My husband and I have been in business for about 4 years now. We financed the business with our own money and then my husband had a bad accident and ...More |
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Banking advice
I'm looking to set up a small technology reseller business. This business is not designed to be my main source of income - it is more of a side ...More |
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Cost management concepts and principles
I am currently researching cost management and its concepts and principles. I am having trouble finding information. Could please help me out with as ...More |
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Using credit card, cheque or EFTPOS
I am in the process of opening a home-based beauty therapy salon and I would like some advice on getting/using a credit card for all my business ...More |
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Obtaining extra finance
Having placed all my funds into the purchase of my business, at the time I gave very little thought to the initial cost of every day expenses. I have ...More |
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Legal & financial responsibility of a business
I misguidedly assisted family members to purchase a going concern. It was to be for 6 months only then they would refinance the loan and have all ...More |
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Loans to purchase a going concern
I am currently employed full-time in a senior management position. I am considering buying a restaurant/bar/cafe as a going concern. I do not own my ...More |
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Consolidation of Debts
My family runs a Web site selling Australian natural & organic health care products online. Due to high costs of this operation, capital equipment, ...More |
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External finances
I am just wondering exactly what is venture capital? Where do I obtain it from and what other financial lending institutes are there e.g. banks, ...More |
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Obtaining finance
My company currently has finance for two mini trucks. Within the next 12 months we wish to expand so that we will have eight drivers working for us. ...More |
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Venture capital
I have been running my business for 3 years and have grown at 150% for the three years. I am now at a point where I have outgrown my current space ...More |
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Winning a business grant
I would like to start a woodmaking business and require funds....More |
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Financial reports
I would like to get a simplified explanation of the meaning behind the key financial reports and ratios. I understand the calculation behind them but ...More |
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Financing a business using non-conventional lenders
The banks agree that the business we wish to buy is financially sound and could afford a high level of finance but due to our lack of security they ...More |
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Financing a start-up business
I am currently one of two principals at a design and marketing firm which has been trading for four years. Obviously being self-employed and the ...More |
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Help with alternative finance
My main problem is I am trying to buy a cafe but I don't have any cash. I have paid $46,000 off my house (which through my bank equals $23,000 ...More |
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Investment matchmaking
I've heard of a radio program in Melbourne which provides a forum for people to present new business ideas/inventions that require financing. ...More |
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Funding needed to take the next step
We are a small company, and have been around for two years providing business and IT strategy advice, process review, training, workshops etc. For ...More |
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Debt consolidation
My husband and I own an Interstate Transport Business of one prime mover which my husband drives and we are permanent sub-contractors with a company ...More |
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Obtaining working capital
I have been in business for 2 years and things have been fairly quiet for the past 3 months and my cash flow is not sustaining my outgoings. I have ...More |
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Obtaining government grants
What government grants are available for buying an established business? I have never owned a business before....More |
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Choosing a bank
What should I make sure a bank provides for my business when it comes to choosing one? The business will be a partnership and if you had a large sum ...More |
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Debt retrieval
How do I go about collecting a debt from a customer who has been contacted by phone, has said that they will pay the debt but still have not done so? ...More |
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Financing equipment to start business
We currently have no money to purchase a bobcat and truck for the business we wish to start in a couple of weeks. Where would be the best place to go ...More |
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Government grant assistance
I would like to know a bit more about grants and to see if my business is eligible for a government grant....More |
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Government grants for new service business
I have looked through the Qld Government Funding Opportunities 2002-03 booklet. I cannot locate a government grant to help me get my business ...More |
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Grants for small business
I’m looking at starting a music service for the youth of the local area. I want to open up a place where they can practise and record a live set with ...More |
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How do I pay myself?
I am a psychologist recently returned from several years working overseas on a very small wage and would now like to set myself up as a consultant ...More |
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Qualifications for a bank loan
My wish is to run my own cafe. I have no experience in this field as I work in the finance industry. I want to know if I go to my bank manager, and ...More |
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Selling a portion of business
I was wondering what the best procedure is to sell 10% of my business to a potential investor who always wants to work in the business. How do I ...More |
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Financing the purchase of an established business
I am currently building an event management business with my daughter. We recently became aware of a Formal Hire business for sale which we felt ...More |
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Funding for our business
I am a Director and shareholder in a recent Melbourne-based lingerie start-up company. It has been set up to design and wholesale luxury lingerie in ...More |
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Help in starting my business
I’m 18 and I attend TAFE in Melbourne. I don't enjoy my course at all. I started thinking of other options to ensure a secure and happy future ...More |
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Business Organisation and Management
I am a student and I have just been given a BOM (Business Organisation and Management) assignment. It is an oral and I play the part of a loan ...More |
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Steps to buying a franchise
My partner and I are planning to move to Sydney in Dec 03/Jan 04. We would like to purchase a franchise. We would like some information on the steps ...More |
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Borrowing for a franchise
We are looking into the possibility of purchasing a franchise, but are not sure whether we will be eligible to borrow the finance we require. We ...More |
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Money lending
I recently came across a Sydney company that borrows money from a number of individuals at x% rate monthly and relends for x+% rate monthly. Funds ...More |
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Residential property equity to raise business capital
I am in the process of trying to raise funds for a new (to be franchised) business concept in the food industry. Due to my age and lack of ...More |
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Foreign currency rates
We recently sold a property in Europe and want to transfer the funds to Australia.
How do you see the Aussie dollar going in relation to the Euro in ...More |
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Attaining finance without collateral
I have just about completed my business plan and I am currently trying to fill in the blanks where the figures go. It seems that I will be requiring ...More |
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Bank accounts
I am in a partnership with my husband and have a registered business name. We have a separate Line Of Credit Bank Account (secured by our home and ...More |
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Business financing
I am interested in purchasing an existing business and have no idea how much finance I can raise. Are there any specific rules regarding the amount ...More |
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Business finance for expansion
Two years ago I started designing a specialised range of newborn clothing. Now I have a retail outlet in Melbourne and I sell to 15-20 wholesale ...More |
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Business lending for startup
I am researching going into a partnership with a friend in an innovative retail business. As this business will be built from scratch we have ...More |
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Business loans for women just starting out
I have just started a Family Day Care and I wish to move it from my home to a garage and room fully equipped. The problem with this is that we need ...More |
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Financing an established business
Is it possible to buy an established business without having any money or collateral of your own?...More |
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Finance raising
I am desperate to start a business. I did when I was younger and it was very successful. However like all things, if you do not have the maturity for ...More |
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Financing my business
I am on NEIS and have been a broker with a financial services company for 12 months but I want to become independent. I understand my requirements ...More |
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Financing a purchase at 25 yrs of age
I am 25 years old and have a 6 month mortgage with only the payments I have made so far in equity being the 5% deposit on a house purchased for ...More |
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Business plan for photography business
I am inquiring about getting financial assistance for my mobile floral photography business in which I already have a registered business name. Am I ...More |
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How do I receive funding?
I'm in need of funding so I can begin to make capital....More |
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Investment methods in an existing business
I am interested to know more about the variety of techniques and methods related to the question "How to invest correctly in (inside) the owned small ...More |
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Bad credit rating
Looking for help, I have a bad credit rating due to unforseen circumstances. I have tried other finance companies to get a loan for a vehicle and ...More |
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Merchant agreements and discounts
I am currently setting up my business manufacturing cosmetics and retailing them over the phone and through mail order. As such I need to be able to ...More |
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Obtaining business loan against freehold property in NZ
I currently live in the UK and plan to move to Brisbane shortly. My wife and I are looking into starting a business in Brisbane. I currently own a ...More |
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Offering customer credit accounts
I am enquiring as to what should be included on an application form when setting up account customers. My business involves the supply of industrial ...More |
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Property investment and other businesses
I am currently a salaried employee and looking to purchase an investment property. I am also hoping to start a (unrelated) business venture in the ...More |
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Accepting credit card payments
I am thinking of selling Numerology charts and reports from home. I would like to know how to accept credit card payments, if my clients wish to pay ...More |
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Bridging finance
I am setting up a marketing structure that involves the sale of a product to primarily government departments within Australia. Early indicators ...More |
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Business loan repayments
Can you help on the way a business loan needs to be repaid? We currently have a business loan with the bank with the repayments being debited from ...More |
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Buying established business
I would like to know if there is a way to buy the ice-cream business I am working for. The business makes approx $500,000 per year, is very simple, ...More |
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Cash flow dilemma
I have owned and run a business (cafe) for the last 12 months. I have done this with no borrowings. I am now trying to obtain some form of cash flow ...More |
