Jenny shares her top business tips
Last month we met Jenny, founder of Pampeano, who borrowed £30,000 from 415 people through Funding Circle earlier in the year. Pampeano is a retailer of own label polo equipment, including their handmade polo belts made from Argentine leather.
Having set up Pampeano in 2008, Jenny has grown her business to a stage where she has now secured a contract with major department store, John Lewis. Their business loan helped them buy the stock they needed to fulfil this contract, and will fuel their growth even further.
We caught up with Jenny and asked her to share some of her top business tips.
1. Manage your cashflow
Managing your cashflow is key to maintaining your reputation with customers. Ensure you have the capital to fund your inventory, so you’ll always be able to supply your goods.
2. Keep at it
There will be moments when you doubt yourself, but keeping working hard.
3. Be innovative
As a small business, you’ll need to manage your budget carefully. Try to be innovative and find different ways of marketing and staffing your business.