{"id":4096,"date":"2011-07-17T23:47:02","date_gmt":"2011-07-17T22:47:02","guid":{"rendered":"http:\/\/www.ewanspence.com\/blog\/?p=4096"},"modified":"2011-07-17T23:47:02","modified_gmt":"2011-07-17T22:47:02","slug":"fergal-sharkey-points-out-the-difference-between-pizza-and-music","status":"publish","type":"post","link":"https:\/\/ewanspence.co.uk\/blog\/2011\/07\/fergal-sharkey-points-out-the-difference-between-pizza-and-music\/","title":{"rendered":"Fergal Sharkey points out the difference between pizza and music"},"content":{"rendered":"<blockquote><p>But even the most experienced music hands have failed to benefit from the EFG [Enterprise Finance Guarantee, where the Government guarantees 75% of a loan to a business]. One music manager, representing some of the UK\u2019s most successful artists, was repeatedly turned down for scheme loans, even when he personally agreed to guarantee the remaining 25% of the loan. So the bank\u2019s risk was 0%.<\/p>\n<p>Instead, the lender in question recommended he open a pizza franchise.<\/p><\/blockquote>\n<p>Of course in the old days this was called an advance from your publisher, which you spent on touring&#8230; and eating pizza in the back of the bus.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>But even the most experienced music hands have failed to benefit from the EFG [Enterprise Finance Guarantee, where the Government guarantees 75% of a loan to a business]. One music manager, representing some of the UK\u2019s most successful artists, was repeatedly turned down for scheme loans, even when he personally agreed to guarantee the remaining 25% of the loan. So the bank\u2019s risk was 0%. Instead, the lender in question recommended he open a pizza franchise. Of course in the old days this was called an advance from your publisher, which you spent on touring&#8230; and eating pizza in the<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[27,25],"tags":[2680,2679,2678,2681,225],"class_list":["post-4096","post","type-post","status-publish","format-standard","hentry","category-digital-music","category-link-log","tag-arts","tag-efg","tag-fergal-sharkey","tag-financing","tag-music"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_shortlink":"https:\/\/wp.me\/p58Gl0-144","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/posts\/4096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=4096"}],"version-history":[{"count":0,"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/posts\/4096\/revisions"}],"wp:attachment":[{"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=4096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=4096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=4096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}