Porter Model – Know Your Business Risk

Porter designed a model centred around various business risks. The risks are prevalent in every business to a greater or lesser extent. The Porter model looks at five ‘forces’, being; Supplier Power Buyer Power Competition Substitute Product New Entrant Barriers The idea of the model is that it gets you to think about where your
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Top Tips For Getting Your Loan Approved

Free advice? Someone offering you great advice with no catches? Sometimes things too good to be true can exist. Here we give a few pointers when approaching a bank for finance. Think of it as a Happy New Year gift from the wonderful people at Lime!! Playing a Game Without Knowing The Rules Imagine playing
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Computer Says No! AKA – How Does Credit Scoring Work?

  Computer Says No, or What Is Credit Scoring? We often get asked this, or rather asked to explain how the decision made by the bank has been arrived at. Firstly, Credit Scoring is a statistically based system which judges each proposal on a set of criteria driven from past experience. It doesn’t judge you
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