To Successfully Obtain Business Capital Every Business Needs A Coach

If you are a business owner the task of obtaining business capital can be very daunting. Most businesses fail because they have never been taught how to obtain financing and therefore they have no clue where to begin. The Small Business Administration reports that 97% of business loan applications fail.

The importance of seeking expert assistance when setting up business credit has many business owners turning to a business finance coach to help them establish their busine…

Lenders And Investors — 5 Ways Of Getting Personal

Everybody says it. “Get a personal introduction and you’ll fare much better.”

So, what? I walk up to this guy when he’s at lunch and introduce myself, noting that I’d like $850,000 for my new business?” No, I don’t think so.

There are, actually, much better ways of getting that personal introduction, such as:

1.Via Rejections

Yes, rejections do have a rosy side. Every time a lender or investor rejects your business plan, call and ask who they recommend as a good p…

Businesses Need Money To Grow. Is Venture Capital Right For You?

The goal of every business is to be successful in their efforts and continue to grow. However, they often come to a crossroads where they are going to have to invest more money if they want to experience growth and additional profits. It may be money needed for new equipment, a larger building, or a number of other items that can be found to keep a business operating at its very best.

Alternative Venture Finance: Federal Grants and Loans

While most companies seeking venture capital initially think about angel investors and venture capitalists, a large alternative source of financing is federal grants and loans. The two largest federal grant programs are run by the Small Business Administration (SBA), and by Small Business Investment Companies (SBICs).