4 Great Places to Find Investment Without Having To Give Away Equity

I’ve recently been looking into getting some investment in my company. I don’t need a massive amount of money, just a bit of financing to accelerate certain marketing activities. However, as the millionaire and poet Felix Dennis once wrote, making profit is all about “equity, equity, equity”. He was loathed to ever give away any percentage of his company and so am I. This got me thinking though, where can I find money that won’t put me in big financial risk and won’t force me to give over equity. Here are four of the best places I came up with, but I would love to hear examples of others if anyone knows any?

Friends

I once read that you should never lend a friend money if you are expecting it back. That is to say the amount you lend them should never be more than you would give them anyway. Whilst it’s true that lending friends money can open up a massive can of worms, I don’t strictly agree with this sentiment. It of course depends on the amount of money in question and how close friends you are, but I certainly think it is acceptable to give and receive loans from friends. I always pay friends back a little more than I borrowed as a way of saying thank you and ensuring they are not at a loss (interest wise) for lending me the money.

Family

Unlike my friends, I hate asking my family for money. I don’t know whether it’s because I want to appear self sufficient to them or I’m afraid of being turned down, but whatever it is my family is usually last on the list of people to ask. This is of course foolish as pride should not stand in the way of progress and actually family is a very good place to get finance from. Not only are they likely to be more understanding should you delay in paying them back, but it’s also often very rewarding for the family member/s to feel like they are helping you and your business out. On the rare occasions I have received money from a family member, it has given us more to talk about when we meet and actually brought us closer.

Credit Card/Loans

Now these you have to be very careful with. Getting credit cards and loans to finance business expenses can mark the beginning of a long road to debt and despair. Having said this, many people rule these options out far too soon and they can be very effective if managed correctly. The first thing to think about is can you manage the repayments? If you are speculating your investment and relying on this to enable repayments, it’s best to look else ware. If you have steady money coming in however that can cover the repayments, this could be a great option. The second thing to consider is your credit rating. If you have a poor credit rating then you might only be able to get credit cards and loans that have high interest rates and this is where the danger lies. The larger your repayments and the higher the interest rates, the bigger the risk to you and your company. However, if you have a healthy credit rating, you should be able to qualify for one of the many interest free credit cards or low interest loans that are available. Some credit card companies are offing 18 months interest free right now, and so this is a great place to find money for your company with very low risk indeed. Just make sure you always pay at least the minimum repayments. The last thing is to keep good track of them. Set up a spreadsheet to track all the loans, repayment dates, minimum repayments and rates. Make sure to double check any formulas for errors, and spreadsheet errors have proven costly to businesses in the past!

Overdraft

Not many people consider their overdraft as a viable source of money, but I can assure you it is. I first started using my overdraft at university when my bank kindly gave me quite a large interest free facility. This is not uncommon and can be used as a great source of extra money with little risk. I’m not saying be reckless and rely on your overdraft all the time, but used at the right time it can make perfect financial sense. Now that I am no longer a student I don’t have an interest free overdraft, but have found that the interest I now pay is much lower than most credit cards and loans anyway, making it a great source of money still.

Just a word of warning with this one though – You don’t want to hurt your credit rating by using your …

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Sukanto Tanoto spreads RGE’s wings proudly to the global stage

Expanding one’s business internationally can be an exciting step for any entrepreneur, but it takes a lot of courage, research and preparation to do so. Sukanto Tanoto, Founder and Chairman of Royal Golden Eagle (RGE) rose to those challenges time and time again, and welcomed any opportunity to expand RGE on the global stage. He was brave and courageous in his pursuit to spread RGE’s wings globally and that is why RGE is now a world-class corporation.

RGE has business groups are at the forefront of industries such as pulp and paper (APRIL and Asia Symbol), palm oil (Asian Agri and Apical), viscose staple fiber (Sateri and Asia Pacific Rayon), specialty cellulose (Bracell), and energy development (Pacific Oil & Gas), with operations spanning Indonesia, China, Brazil, Canada, Spain and sales offices in countries worldwide. This shows that Sukanto Tanoto dared to compete at the global level and he attributed this was an important step and strategy to grow the company.

Tanoto’s business strategy was to choose between focusing in one area or location with a variety of businesses or becoming a global player in certain types of businesses, and he is where he is now because he chose to go global. To facilitate RGE’s expansion overseas, Sukanto Tanoto, chose to make Singapore as the headquarters for RGE, which is considered a vital move to facilitate RGE’s expansion globally.

Sukanto Tanoto saw a lot of great potential in China and soon extended his business there with the birth of Sateri in 2002 and the building of a factory in Jiujiang. Sateri has since developed rapidly and fast becoming a global leader in the viscose fibre industry, with an annual production capacity reaching 1.1 million tonnes. The target for Sateri is to become an international market leader, with a plan to be able to produce up to 3 million tonnes per year by 2025.

To carry out the production process, Sateri has five factories – Fujian, Jiangxi, Jiujiang,  Jiangsu, and Linz Nanjing. All the factories are sophisticated production centres with high efficiency capabilities, one of which is the ability to reduce the level of emission to below the standards set by the Chinese Government.

This capability is characteristic of RGE because Sukanto Tanoto has always set a clear direction with the outline of his business philosophy known as the 5C Working Principles – RGE must benefit the Community, the Country, the Climate, Customers, so that it will benefit the Company.

This directive from Sukanto Tanoto also made Sateri care about nature conservation, which they tackle in various ways. Firstly, Sateri became the first company in China to sign the First Manifesto on Establishing Green Enterprises. Secondly, all factories under Sateri factories received Chain of Custody certificates from the Programme for the Endorsement of Forest Certification (PEFC). Furthermore, all of its factories are ISO 9001 and ISO 14001 certified, and they also received the Oeko-Tex certification, which guaranteed that its products are free of hazardous substances and comply with European Union regulations.

Besides being good for the climate, Sateri also benefits the community. They often provide support for public development such as donating books, helping disaster victims, supporting cultural performances, to training environmental awareness.

Other Businesses

The extension of RGE in China is not only through the Sateri. In the year 2005, three years after founding Sateri, Sukanto Tanoto also worked together with Asia Symbol. This company of Tanoto’s is known as one of the main players in the pulp and paper industry in China. With factories in Shandong and Guangdong Province, they are able to produce 2 million tonnes of pulp, 1 million tonnes of fine paper, and 530,000 tonnes of paper boards annually.

Just like other RGE business units, Asia Symbol takes environmental sustainability very seriously. To get the raw materials, they obtain fibres from sources that can be accounted for. In addition, Asia Symbol utilises the latest technology for the sake of resource efficiency in the production process, which has a positive impact on nature. The energy used is smaller and the level of emissions produced is lower than the established rules.

To benefit the community and the country, Asia Symbol took great care about community development and built schools and libraries in areas that were greatly in need. In addition, Asia Symbol opened scholarship opportunities for students in the areas of operation. They also helped in supporting the economy of the community, by conducting skills training and assisting in the development of local businesses.

Asides from China, Sukanto Tanoto also expanded his business to Brazil, where he has been active with Bracell since 2010. Up till now, Bracell has held an important position in the world’s special cellulose industry and they have become global market leaders. Bracell manages the production area that is integrated with 150,000 hectares of plantations …

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Dwelling

Jan 12, 2018. With the intention to keep these standards, industrial engineers should have a fundamental working knowledge of many areas of engineering and likewise be familiar with work processes, tools, tools and supplies in an effort to design amenities, programs and tools that meet requirements for price, high quality, security and environmental protection.

The 2 undergraduate packages of examine — the common industrial engineering curriculum and the honors curriculum — provide students with a broad scientific and engineering base and comprise a sequence of programs in mathematics, physics, chemistry and the engineering sciences.

RMU industrial engineering students additionally gain robust skills in logistics engineering—a field that offers with the planning, implementation, and control of the move of supplies, items and providers from the purpose of origin to the point of consumption.

The role of an Industrial Engineering Technologist is to determine the simplest method to produce a product or provide a service and ultimately, help organizations train higher control of manufacturing, service, quality, prices and deployment of resources.

Industrial engineering is a branch of engineering which deals with the optimization of advanced processes or techniques. Analyse the flow of Products via the facilities of the factory to assess the overall efficiency, and whether the most important Products have priority for probably the most efficient process or machine.…

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