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Businesses may often be required to obtain finance for expansion.
Any financial institution would require a prospective borrower to provide analyses of their projected income and activities based on past performance of the business model or entity.
With a volatile and the poor prospective growth in the economy of South Africa recently, it is often difficult to obtain finance.
However, with a well worked out business plan and legitimate proof of the historic capabilities of a business, any financial institution will look favourable at entertaining the financing of a viable business plan.
It will be in your best interest to obtain professional advice and assistance in the compiling of a well structured business plan.
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