Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
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During Britain's last boom Richard Hilton had become bored of the staid gym scene in London and came up with a new concept: Gymbox – a more youthful, edgy vibe that's part gym, part nightclub.
It began in 2003 as a joint venture with a much bigger chain, Fitness First. Eventually, though, he went solo. Within a decade he had a four or five gyms scattered across London. It was going well, despite the hiccup of the financial crisis, and he wanted to push the accelerator.
But he had a problem, one that many Australian SMEs will recognise. "You get to a point where the banks will only lend you a finite amount – they're very conservative," he says.
Read the full article at the Financial Review.