Trefuly LTD & Firmsme proved concept with our first project Goes with Jeans and are continuing to phase II.
Welcome to FIRMSME
About
Firmsme.com is owned by Trefuly LTD based in the UK.
Proving concept of business ideas is one of our core specialties. We are currently working on GoesWithJeans.com in the London area.
Email us if you want to Contact us. We don’t answer the phone.
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FIRMSME News
POC for Crazy Eight Detox Completed
Crazy Eight Detox POC completed. We found a few more detox programs that could be symbiotic with the Crazy Eight and are now completing a POC on a collagen supplement addition to strengthen the skin. Firmsme is working on Health Storey to host the Crazy Eight Detox online course.
POC Update for Health Storey – Day 50/120
POC of Health Storey detox completed 30/60 days. The detox system works without issue although people are willing to stop at 30. We found a new Detox focus for Health Storey which requires a 90 day cycle instead of 60. The Book will now have three phases Phase I (30 days), Phase II (Crazy 8), …
Continue reading “POC Update for Health Storey – Day 50/120”
Health Storey – NEW POC PROJECT
Dr. Horstkamp is working on a new POC. HealthStorey.co.uk is a wellness plan website focused on online detox plans with companion books. The first detox plan is Crazy Eight Detox and launches in 2025. Dr. Horstkamp is a trained advisor, wellness, health and life coach. The book Crazy Eight Detox accompanies the online course. Health …
Bootstrapping |Reference | Business Finance
What is bootstrapping? (for startup finance)
BootStrapping– The term bootstrapping refers to a business owner self-financing a firm or business. The business owners create the business without external cash investment or loan debt financing.
Why Bootstrap a Company?
Using your own personal capital allows the business owner(s) to create their company using in-house financing.
- Business owners with not enough cash – Sole proprietors and companies may not qualify for business loans unless they can guarantee the loan with their own assets (House, stocks, Cash). In certain EU countries, banks require a 50 to 100% asset guarantee from small business owners.
- Your idea is not sexy – If your business idea is not exciting or fixing a pain point that is a cash cow, private equity investment firms and banks will not be interested. Most private equity investors want to cash out of an investment within five years of investing with a 400% return.
- You are a business Nomad – Not willing to work 23 hours a day? Want to have your own life? Self-financing by bootstrapping allows you to take a day off to visit your family or pivot without financiers pressuring you to stay focused on exiting
The benefits of Bootstrapping your Company
- Full control over your business financing and business growth.
- Less stress to founders from debt liability. Your stress will be based on your business budget not someone else’s expectations.
- The opportunity to create a corporate culture that fits with your brand and personal ideology.
- Full ownership of the business. Self financed business owners own 100 percent of their company.
- After three years your company is an asset in they eyes of banks. You can apply for a regular load and line of credit to continue growing your business.
- No pressure to grow faster than you can handle.
- Your company can stay private.
- Your personal investments increases your interest in seeing your business thrive.