Starting an organic men’s skincare line was a logical step for Paul Anderson, who had been clocking up an A-class list of clientele at his grooming salon MANKiND in Surry Hills since opening for business. It might sound like a dream run, but as Anderson explains in this interview, he couldn’t secure funding for what the banks considered an untested business concept - which meant taking the ultimate risk.
There are very few forms of capital in this market, so don’t discount the one that’s right under your nose: your own working capital. Here's some expert advice for making the most of what's available to you.
Two-thirds of SMBs have experienced growth over the last two years, which a new survey is attributing to good business planning and financial management, and many expect continued growth over the next two years.