Clean It Up

UK Floor Cleaning Forum => Carpet Cleaning Forum => Topic started by: Big_Fish on April 10, 2005, 07:16:17 pm

Title: How much debt?
Post by: Big_Fish on April 10, 2005, 07:16:17 pm

I read this week that the bigger a company gets, the bigger it's investments (debts).
Apparently, the average small business employing less than 5 people has in the region of £40,000 worth of investment! :o

Just curious

Nicky

Title: Re: How much debt?
Post by: Ian Gourlay on April 10, 2005, 07:24:49 pm

Does anyone kow how you change vote, hit wrong one.

Title: Re: How much debt?
Post by: Dynafoam on April 10, 2005, 10:48:56 pm

Ian,

I'd ask one of the moderators mate  ;D

Title: Re: How much debt?
Post by: Singrey on April 11, 2005, 10:52:12 am

Nicky,

Are you referring to the ratio of debt to annualised turnover or  an amount of debt expressed as pounds shillings and pence?

When I started out on my own I agreed with myself one or two basic rules, one of which was that the company would be zero geared. So far I have managed to honour this rule. But I am sure an opportunity will present itself when I will need to abandon this principle.

Stuart