Golf Professional
MVT
Registered Posts: 41 Regular contributor ⭐
Hi All,
My Partner (golf professional) is applying for a business loan as he wants to start up his own golfing academy/shop. The bank have asked for a business plan which is fine but with regards to the accounts what type of information would be required? Would a set of management accounts be included?
Thank you in advance.
M
My Partner (golf professional) is applying for a business loan as he wants to start up his own golfing academy/shop. The bank have asked for a business plan which is fine but with regards to the accounts what type of information would be required? Would a set of management accounts be included?
Thank you in advance.
M
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Comments
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Accounts at this stage?
I wouldn't think they'd need that, just a detailed business plan of capital needed and where its coming from, and also a cashflow for the next 12 months or more?0
