Financial and credit must have before opening account

  1. What do I need to know about credit when opening an account?
    1. Equity funds opening an account
    2. Do you have savings from your monthly salary?
    3. The content of the business plan
    4. Basic financial plan and opening an account

Financing through credit, which you must obtain before opening an account to save funds to start your business! Four actions that greatly increase your chances of passing a financial credit check.
Startup financing, which many entrepreneurs are thinking about.

Crowdfunding, which is easy to start and has many advantages, is one of the most important funding methods for entrepreneurs. We would like to introduce entrepreneurs who are thinking about obtaining financing to four ways and approaches related to credit checking that will greatly increase the likelihood of a successful credit check.

What do I need to know about credit when opening an account?

The three most important things to consider when applying for a government loan. Of the many methods of financing, the following two are the most common at the start-up stage.

These government loans must be verified through documents and interviews. Analysis of the loans shows that the company is in the start-up stage.

Equity funds opening an account

The first item is "own funds." I usually present my personal savings book during the interview, but there are four main points that will be verified during the interview. First, it is assessed whether the amount of personal funds matches the amount of the loan requested.

Do you have savings from your monthly salary?

Does the amount of self-financing match your salary? What about a consumer loan? Does it transfer if there is support from family and friends? etc.? Monthly payments like utility bills. The second is that people with experience in setting up a business are good at it.

The second is the belief that "people with experience in business creation are good at it." Of course, it may happen that a person who has experience in starting a business is still in business, but that does not mean that it is completely impossible because he or she does not have experience in starting a business.

What matters is not the number of years of experience, but what you have done and learned in the workplace where you have worked so far. Is this experience useful when starting a business? I won't understand it unless I actively oppose it, so let's tell the person in charge of the business plan!

The content of the business plan

The third point is the "content of the business plan." A business plan need not be written in a set format. You can even write your own length. You don't even need a 50- or 100-page business plan, because that doesn't mean you need more (JFC man says, "I can't read it at all").

The important thing is to present a business plan that illustrates the most important points. If you prepare a business plan from several angles, as shown below, and draft it thoroughly, you will surely be able to audit it to your advantage.

Basic financial plan and opening an account

I present two types: one specified by the financial institution and one created by me. Describe in detail your reasons for starting the business, your experience, sales techniques, methods of sales promotion, etc.

Calculate this figure based on your sales promotion methods, your experience, and data from other businesses if you are a franchisee. It is more convincing to calculate monthly rather than annually.

The trick is to "plan little, not too much." For example, someone who has a bargaining ratio of 84% in the service industry will bargain between 63% and 73%. Profit and loss statement (over 4 years) Write down how much it will cost you to open and calculate it each month.

Pay particular attention to variable costs that change with turnover, such as expenses. Fixed costs, such as labor, operating costs, and rent, may be the same each month.


Represents actual cash inflows and outflows, also calculated on a monthly basis. For example, loan repayments are not calculated in the income statement because they are not an expense, but they are calculated in the cash flow diagram.

In my experience, the cash flow diagram is almost always the document that the client is asked to prepare. It is probably the most important of the four materials for opening an account.

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