Welcome to FIRMSME

Trefuly LTD & Firmsme proved concept with our first project Goes with Jeans and are continuing to phase II.

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.

Copyright 2024- Storey Tarris UK

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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.

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.