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!
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
