Positives:

- You’re able to get access to money almost instantly. Some companies are able to approve the loans and grant the funds within 24 hours of their customers applying for them. If it’s an urgent matter, it may be exactly the method to get that quick cash.

- You’re able to repay the money quickly. Rather than going through months or years of repaying the money, short term loans have their name because you’re meant to pay them back when your next payday comes; thus ridding you of the stress as swiftly as the application process.

- A lot of the top companies enable you to borrow as much as £1,000. The sum is a fairly sizable one for a loan which you’re able to repay in such a short period of time, so for those who may have wanted to steer away from such borrowing, it shows that you aren’t limited to unhelpful loan amounts.

Negatives:

- The interest rates can be high. While these are only likely to effect you if you fail to repay the money in the time agreed, the figures can be fairly high if you choose to borrow the maximum figure from the company. Most payday loan suppliers are upfront with the your repayment figures when you take the loan out, so this should be less of a deterrent.

- The repayment time. Because you may be used to long term periods of paying back loans, it make come as a shock to the system to have to give the money back as quickly as demanded by payday loans companies. However, many of them offer various different methods of repayment, which can suit most circumstances.

When running successful meetings with venture capitalists there are a number of areas that must be addressed to help you succeed in securing investment. These are 8 tips in no particular order:Not Knowing – VC’s will expect you to knowing exactly what you’re doing! Give them the feeling of doubt and you can wave your money good bye! Typical VC’s invest in less than 1% of everything they see, so you will need to be 101% confident!Pitching – There’s a number of elements which a VC is looking for: personality, confidence, passion, knowledge, intelligence… I could go on… You should know your pitch inside out and back to front. Get ready for some interrogation when you finish too!Question time – This can get tricky, imagine you’re half way through your pitch, and a VC interrupts you with a question that sends you completely off track! You should be able to answer and move on without making is seem disjointed. In most cases you should know the possible questions that each slide is going to throw up.It’s who you know – being well connected can make your life a hell of a lot easier! A great introduction from a friend about your potential business idea should get the ball rolling. Network, network, NETWORK!Research – don’t go to a meeting without knowing the people you are meeting, do a Google Search, check Linkedin! You might find the investors know a lot more about your product than you do!No Braggers – Don’t be a know it all, or try to act smarter than everyone. If you are over confident it may actually turn your VC’s off!Low cost, maximum effort – VCs want to see you being efficient with cash. They will want to know how far you have currently got and with what cash you used.Potential Buyers – so in time, who is likely to buy you out? Do you know who will want to, or be able to afford to buy you out? VCs like acquisition so they can make their money. It’s worth developing a plan or already be starting a plan to attract potential buyers.

Many small businesses find it hard to manage their websites. The following tips will help you maintain a successful website which hopefully will impact its success.Content – this is a crucial part of any search engine algorithm, without this a website is useless in the eyes of a search engine. Search engines look for content (data) that can be indexed. The more content you create the more the search engines need to index. Don’t just write content about anything, keep it on topic and product related.Freshness – having lots of content is great, but up to date relevant content is even better. Search engines monitor websites based on how frequently they are updated. The more often it changes the better your website will rank. Think of it similar to news websites, their articles are always at the top of the search results. Black Hat – try to stay away from dangerous tactics sometimes supplied by marketing agencies. The search engines in time figure out the methods used and your sites rankings could be damaged.Links – this is a huge factor in search engine algorithms. Popular websites have lots of links from forums, blogs and news. It is important that you try to get links wherever possible through different methods e.g. when a news article is published about your product, or when someone reviews your product.Structure – keep your website organised using categories, tags and dates. As your website grows you will need to be able to maintain it without getting a headache!Coding – poorly coded websites have a good chance of being hacked, not appearing in the search results correctly and generally returning errors to users. Follow coding standards such as W3CURLS – should be kept short and sweet. It is also useful to use dates for blog entries and this will help you order your posts. Style – website look can play a big part in whether a consumer is prepared to buy your product. If they feel unsafe or don’t understand the website your chances of conversion into a sale a pretty low!Images – although they can’t be indexed in the same way as content, it plays a role in advertising the product. It doesn’t matter how amazing the product is, online consumers will want to see the product before they purchase.