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Post by Deleted on Apr 2, 2017 15:24:43 GMT
Why do SME's fail the Top 7 Reasons:www.businessknowhow.com/startup/business-failure.htmSME Business failures by Sector: tech.co/startup-failure-rates-industry-2016-01New SME Start-up Survival Probability Calculator: survivalcalculator.biz/Office for National Statistics all UK data related to Business births, deaths and survival rates:www.ons.gov.uk/businessindustryandtrade/changestobusiness/businessbirthsdeathsandsurvivalrates/datalistHarvard Business Review "The Five Stages of SME Growth.": hbr.org/1983/05/the-five-stages-of-small-business-growthp2p Finance News UK SME's facing £7 Billion cost surge during 2017/2018:www.p2pfinancenews.co.uk/2017/02/27/smes-7bn-cost-surge/Credit to Avatar mrclondon (p2p Indy Administrator) SME Defaults, Recovery of Funds: Prospects and Estimated Timescales:p2pindependentforum.com/post/149619Key Words/Phrases to look out for; Borrowers MOST or LEAST likely to repay their Loans:"Economists recently examined loan applications submitted to the peer-to-peer lending site Prosper, as well as borrowers' payment histories, and identified 10 commonly used phrases. The expressions used by borrowers most likely to pay back their loans were "debt-free," "lower interest rate," "after-tax," "minimum payment," and "graduate." The ones used by those least likely to repay were "God," "promise," "will pay," "thank you," and "hospital." The results suggest that a borrower who offers a detailed plan for making payments is likely to repay a loan, the researchers say. "Making promises and appealing to your mercy is a clear sign someone will go into default."
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