May 2021

In the words of Arnold Palmer, “Golf is deceptively simple and endlessly complicated.”  Such words exemplify how much the game of golf is underpinned by risk and reward.  A risk-reward hole presents the golfer with clear strategic options; a direct route to the green from the tee which requires a hazard to be overcome or an alternative route which takes the hazard out of play but typically results in an extra shot being taken.  Sounds familiar in the context of many business critical decisions.

As a keen “fair weather” golfer, I’ve had plenty of time to think about my game whilst the courses were closed during lockdown.  Now that they are open again, I’ve been assessing whether there is greater risk or reward in improving my putting or alternatively my golfing attire.  My golf chums may say the latter, but perhaps both require equal attention. 

Having the most appropriate funding package is crucial to the success of a business, whether a trading SME or a Property company.  Funding may be in the form of working capital facilities or a property specific loan. 

Finding the best route to the green and keeping the golf ball on the fairway gives you the best chance of success, just like having the right funding package allows business owners to solve and overcome the challenges they face.  Hitting the fairway and green in regulation can be tricky, even for the professionals.  The greens are often guarded by bunkers or ponds making the perfect score difficult to achieve. 

Similar hurdles exist in business, whether a Trading SME or Property company an assessment of all routes and hazards is therefore required. 

Trading businesses may face supplier delays, operational downtime, or sales tariffs.  Property Developers may meet challenges with planning applications and difficulties with on-site construction.  Whilst Property Investors may uncover problems when renovating and delays attempting to fill vacant floor space. 

Overcoming these hurdles can be tricky, however having the most appropriate funding package will enable a business owner to tackle them with confidence and perhaps sink that birdie putt.