Posts Tagged ‘Finding Capital’
How to Build Credit as a Small Business Owner
If you are in the start-up phase of owning a small business, give yourself some credit because it’s unlikely anyone else will. Small businesses have an extremely difficult time getting credit from the one place they really want it: lending institutions.
Read More 8 Tips on How Much Money to Ask for from Investors
Startups ask me “How much money should I ask for?” The simple answer is the absolute minimum amount you need to make your plan work.
Read More Gaining Financing for a Franchise is Getting Easier
It is easy to see why getting franchise loans may be somewhat easier than gaining financing for other types of small businesses. Franchises, to some degree, come with their own set of marketing research and sort of a ready-made business plan that takes a lot of work out of the business owner’s hand. It also mitigates a lot of risk for the lenders.
Read More Why Kickstarter Campaigns Fail
Plenty of entrepreneurs have found success with their crowdfunding campaigns. Failure though, is always a possibility—even when the end is in sight and it seems to be a sure thing. Crooked Bottle, an aspiring local brewbub, learned that lesson the hard way.
Read More How to Inject Cash into Your Business
When you need a cash injection to grow your business, your two main options are equity financing and debt financing. In this two-part series, I’ll cover the pros and cons of each.
Read More Why a Business Line of Credit May Be Right for You
It is not unusual for start-up companies to encounter difficulties in managing cash flow. If you are worried about being caught short of funds, a business line of credit may be the perfect option for you. Here’s why.
Read More Crowdfunding is Being Oversold
I think so-called “crowdfunding” is being oversold. Many people seem to think it’s going to mean a lot new investment money for U.S. startups. I don’t think so. Not yet. Maybe never.
Read More How Can an Entrepreneur Qualify for a Bank Loan?
Many entrepreneurs are convinced that banks are not worth the effort for startups, especially early-stage ones that still don’t have a revenue stream, or collateral to back up their financing needs. A question I get all the time is, “Can I ever expect any backing from my bank for a great opportunity?”
Read More Essential Steps to Launch a Startup, Part 2
Once you’ve identified your product and your market, you can begin building your official business plan. Your business plan is where you outline all of the specific steps you will take as you launch a startup business.
Read More What You Need to Know About Merchant Cash Advances
Depending on what kind of business you have, you might not be able to turn to a bank for money. For those for whom a traditional bank is not a viable source of capital, a merchant cash advance can be the answer.
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