{"id":2685,"date":"2016-12-19T17:00:05","date_gmt":"2016-12-19T17:00:05","guid":{"rendered":"https:\/\/www.gonogo.co.il\/en\/?p=2685"},"modified":"2016-12-19T17:20:33","modified_gmt":"2016-12-19T17:20:33","slug":"a-seasonal-affected-business","status":"publish","type":"post","link":"https:\/\/www.gonogo.co.il\/en\/a-seasonal-affected-business","title":{"rendered":"Business plan for the retail industry"},"content":{"rendered":"
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It is very important to maintain flexibility of thought, not to lose Critical vision and ability to judge<\/p>\n<\/blockquote>\n

Business plan for the retail industry<\/h2>\n
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Business plan<\/a> for the retail industry<\/u><\/div>\n
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Starting a “seasonal affected business”? If you’re in the retail business \u2013 that’s probably the case<\/div>\n
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Note that you’ll probably at some point need to find working capital to fund seasonal inventory changes between high sales and low sales months<\/div>\n
How do you get Working Capital? Here are Some options<\/div>\n
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Equity \u2013 If the business has just started to run and not yet profitable, you’ll have to rely on equity funds. These funds can be derived from your own resources \/ family members or from a private investor<\/div>\n
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Factoring – a financial transaction whereby a business sells its “accounts receivable” to a third party (called a factor) at a discount. In “advance” factoring, the factor provides financing to the seller of the accounts in the form of a cash “advance,” often 70-85% of the purchase price of the accounts.<\/div>\n
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Short Term Loan \u2013 a loan for less than a year. In this case, good relationship with your banker is a necessity<\/div>\n
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Trade Creditors – Good relations with your trade creditors (and a history of on time payments from your behalf) might help you solicit them in extending terms to enable you to meet a big order<\/div>\n
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Line of Credit – Only if your business is well capitalized you might qualify for short-term line of credit from the bank<\/div>\n
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A business plan <\/a>before starting a business will help you predict the extent of the needed working capital<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

It is very important to maintain flexibility of thought, not to lose Critical vision and ability to judge Business plan for the retail industry Business plan for the retail industry Starting a “seasonal affected business”? If you’re in the retail business \u2013 that’s probably the case Note that you’ll probably at some point need to […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[],"class_list":["post-2685","post","type-post","status-publish","format-standard","hentry","category-business-plan-tips"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.gonogo.co.il\/en\/wp-json\/wp\/v2\/posts\/2685","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gonogo.co.il\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gonogo.co.il\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gonogo.co.il\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gonogo.co.il\/en\/wp-json\/wp\/v2\/comments?post=2685"}],"version-history":[{"count":3,"href":"https:\/\/www.gonogo.co.il\/en\/wp-json\/wp\/v2\/posts\/2685\/revisions"}],"predecessor-version":[{"id":2727,"href":"https:\/\/www.gonogo.co.il\/en\/wp-json\/wp\/v2\/posts\/2685\/revisions\/2727"}],"wp:attachment":[{"href":"https:\/\/www.gonogo.co.il\/en\/wp-json\/wp\/v2\/media?parent=2685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gonogo.co.il\/en\/wp-json\/wp\/v2\/categories?post=2685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gonogo.co.il\/en\/wp-json\/wp\/v2\/tags?post=2685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}