Business & Finance
Personal Finance
Small Business Loans
Money Management

When buying a business can you use projected business revenue to help qualify for loan?


Top Answer
User Avatar
Wiki User
Answered 2011-03-30 03:33:53

Well when applying for a business loan you will need to have a "Business Plan" this is a easy way for bankers to tell serious prepared entrepreneurs from the ones that are not and projected income is a section in this documented plan.


Your Answer

Related Questions

The economy directly affects business. When consumers have buying power, businesses will see more revenue. When the economy is depressed, businesses will see less revenue.

Capital expenditure is spending from your savings (eg buying a house), Revenue expenditure is spending from your wages (eg buying a beer).

1- List and define the steps in the business buying process.

business is the buying and selling of goods and services

Loans by the Veterans' Administration are mortgage loans for the purpose of buying a house. Renting an office space does not qualify as a "mortgage." yes

If you go to the link I have included, you will find a book titled "The Complete Guide to Buying a Business". It should have all the information you need.

Individuals who invest in a business by buying shares of stock are called stockholders or shareholders.

One can find information about buying a franchise business from the following sources: Franchise Direct, Chips Away, Entrepreneur, Business For Sale, Small Business Administration.

Yes, buying a computer is a business transaction. You give monet and he gives you laptop or computer. There is exchange of money and goods. So it is a business transaction.

you pretty much stop buying from the business in hopes that it changes something

There are many key similarities between consumer buying behavior and business buying behavior. For example, both businesses and consumers buy goods that are essential to quality of life.

The nature and characteristics of the business market, the types of consumers, the different buying situations that occur in businesses and organizations, who is involved in the decision-making process and the business-to-business buying process

In your case, you have to pass the legal process of buying a small business that you want to have though it is less risky than starting from scratch. There will be a broker that needs to find out about your skills and interests, then helps you select the right business for you. Then negotiate. It is really when brokers earn their keep. To get an idea of the company's anticipated returns and future financial needs, ask the business owner to show you projected financial statements.

People who are buying things on behalf of a business, as opposed to personal buying.

Business credit allows expansion and growth through buying power.

e-commerce is buying and selling through the internet

There is some information which needs to be evaluated in buying a business. Essential information include value of capital, profit margins, location, core business and so much more.

Media buying services are providers who specialize in purchasing media for business clients.

Verne A. Bunn has written: 'The essentials of buying & selling a business' -- subject(s): Purchasing, Sale of small businesses, Small business 'Buying and selling a small business' -- subject(s): Business enterprises, Purchasing, Sale of business enterprises, Sale of small businesses, Small business

Multiple, varied buyer influences

The amount of capital that a business can make ranges from filing bankruptcy to buying a presidency.

A business to business transaction is where one business buys something from another business. An example of this is a doctor office buying a pack of paper from an office supply store.

You can receive a no down payment mortgage a few ways. Depending on the area in which you are buying, it may qualify for government funding. Another way is if you qualify as a military veteran.

Copyright ยฉ 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.