Hello Fastlane Fam,
I have written my business plan to get a loan from a government backed scheme and I would like some help of you. The Plan itself has been approved but my business advisor came back to and questioned my cash flow.
Basically I have asked for a loan of £10000, this money would be used for the start up of my company promoting affiliate offers. Most of the money would be spend to buy cpa traffic.
Now adviser said that the money in my cash flow is used as a buffer meaning that I would only spend roughly £1500 a month and the cash balance is too high after the in and outs, and the loan is only meant to support the operation for a few months during the start up.
I have then revised the plan and said that I am looking so spend £9000 within the first month to buy traffic credit as "inventory".
But this is apparently still not good enough for investment as I have to prove why I would need to spend £9000 within the first month, this is where i need your help, with affiliate marketing there are no startup quotes or minimum investment needed.
How can justify why i need to spent this amount within the first month.
Any inputs, thoughts or ideas would be greatly appreciated!
I have written my business plan to get a loan from a government backed scheme and I would like some help of you. The Plan itself has been approved but my business advisor came back to and questioned my cash flow.
Basically I have asked for a loan of £10000, this money would be used for the start up of my company promoting affiliate offers. Most of the money would be spend to buy cpa traffic.
Now adviser said that the money in my cash flow is used as a buffer meaning that I would only spend roughly £1500 a month and the cash balance is too high after the in and outs, and the loan is only meant to support the operation for a few months during the start up.
I have then revised the plan and said that I am looking so spend £9000 within the first month to buy traffic credit as "inventory".
But this is apparently still not good enough for investment as I have to prove why I would need to spend £9000 within the first month, this is where i need your help, with affiliate marketing there are no startup quotes or minimum investment needed.
How can justify why i need to spent this amount within the first month.
Any inputs, thoughts or ideas would be greatly appreciated!
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