Financial Projections

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Published: Friday, 19 April 2019 08:46

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The Financial Projections Section usually comes after the Investment Analysis Section, and is the last section in a Formal Business Plan.

Below you can read, in detail, what the Financial Projections Section should include, depending on the purpose of your Business Plan and the target audience.

Contact us for support in assessing your Business Planning needs, and for the Preparation and Implementation of the appropriate Business Plan for your enterprise.

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Bank Requirements for a Business Loan Application and Financial Instruments for securing reduced/ subsidised interest rate.

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Published: Friday, 19 April 2019 08:46

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Often, the business loan application process can be considered complex. Below, we suggest key points that should be addressed as part of the process.

Also, reading and understanding the essential content of your Formal Business Plan aiming to secure a Business Loan, for either an existing enterprise or a Start-up, would be very helpful.

Further, you can check out some of the available Financial Instruments that can help you secure a reduced/ subsidised interest rate.

Contact us for support in assessing your Business Planning needs, and for the Preparation and Implementation of the appropriate Business Plan for your enterprise. Additionally, we can support you in utilising a suitable Financial Instrument.

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The Use of CCTV in Workplaces – Constitutes protection for the user or violation of privacy?

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Published: Friday, 19 April 2019 08:46

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The Law of the Republic of Cyprus 125 (I) 2018 and GDPR 679/2016 explicitly stipulates that the use of CCTV must be in accordance with the principles of the law.

Practically what does that mean?

Every employer has the right to secure the assets of his business and, of course, the staff who work there, as well as third parties who may be moving in these premises. It is commonly accepted and clear that such measures limit and are considered dissuasive as to the achievement of notional purposes. There are incidents where a suspected person was identified and handed over to the authorities due to the use oc CCTV. Another part also concerns insurance companies that demand evidence to be able to pay the appropriate compensations.

On the other hand, however, the use of CCTV constitutes a violation of privacy, especially when there is sound, where this is forbidden in every case.

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