RN Consultants

12/08/2021

24/09/2020

How to Apply for a Small Business Loan

For a small business to get off the ground, or to keep one operating, it must have financing which is often in the form of a business loan. In order to help small businesses, recover since the COVID-19 outbreak, there are special programs available in the form of both grants and loans. These are the major steps you should follow through the loan application process.

1. Know the Reason for and Amount of the Business Loan.

2. Review Your Credit History and Credit Score. - Review your CRIB reports. If you see any errors on the report, write the CRIB a letter and detail the error and ask for it to be fixed.

3. Start Reviewing Your Borrowing Options.

4. Prepare Your Business Plan.

5. Plan a Presentation and Make the Appointment.

RN Consultants are happy to help you in this process at a reasonable fee.

Extract from ROSEMARY CARLSON-Updated April 10, 2020-https://www.thebalancesmb.com/ how-to-apply-for-a-small-business-loan-393254

Looking to start your own business, or just make your existing business more profitable? Our experts can help make your small business dreams come true.

15/09/2020

Do You Need an Accountant for a Small Business?
If you’re a small business owner, hiring an accountant can save you a lot of time and money. Accountants can help small business owners with the following tasks:

1.During the formation of your business, an accountant can help you write a business plan

2.Advise you on your business’s entity structure

3.Help you obtain appropriate licenses such as business licenses, sales tax permits and employment accounts

4.Set up your accounting software and chart of accounts when you do not want to incur the bookkeeper’s services on a regular

5.Deal with compliance and complex sales tax issues

6.Handle complex labor costs including wage and labor compliance issues that can sink even the most profitable businesses.

7.Help you meet the requirements for creditors or licensing agencies

8.Maintain inventory records by dates purchased, stock numbers, purchase prices, dates sold and sale prices

05/09/2020

K. G. R. Nilanganee Gajanayaka -FCA/MBA (PIM-SJP)/CMA
Mrs. Gajanayaka, founder-owner of RN Consultants is a Fellow Member of Chartered Accountants of Sri Lanka (FCA) and also an MBA from the Postgraduate Institute of Management (PIM)-University of Sri Jayewardenepura. She is also a Certified Management Accountant (CMA) of the Institute of Certified Management Accountants of Australia.

A Financial sector specialist who counts a total of over 25 years of industry experience in serving diversified business groups. A highly skilled industry professional in Business Strategy formation, Financial Analysis & Reporting, Budgeting & Forecasting, Financial Modeling, Internal Controls, and Compliance Reporting.

She poses in-depth industry experience having had exposure to Auditing and Tax Services, Financial Management in sectors such as Banking & Financial Service, Travel & Tourism, and Stock Brokering & Investment.