Today’s Tip Best Practice: Creating and growing a brand requires capital. Getting a personal loan may be easier to get for a start-up business. Today’s Article: Access to Capital – Personal Loan Getting a personal loan may be easier to get for a start-up business, especially if an applicant’s credit score is lower than the bank requires for business credit. Personal loan can […]
Today’s Tip Best Practice: Creating and growing a brand requires capital. Using a personal credit card may be easier for a start-up business. Today’s Article: Access to Capital – Personal Credit Card Using or getting a personal credit card may be easier for a start-up business, especially if an applicant’s credit score is lower than the bank requires […]
Today’s Tip Best Practice: Venture capital firms want to invest in a winner. Create an award-winning business plan – one that shows rapid high growth Today’s Article: Access to Capital for Branding – Venture or Equity Capital Venture capital involves selling a portion of the business in return for money to open or grow the business. In addition, an outside […]
Today’s Tip Best Practice: Angel investors want to invest in a winner. Create an award-winning business plan. One that excites them and shows success. Today’s Article: Access to Capital – Angel Investors Angel investors are high worth individuals that invest in local smaller companies. Angels contribute capital to the business in return for debt repayment (loan) or partial […]
Today’s Tip Best Practice: Customer experience is critical to branding. Make sure accessing money quicker with factoring helps deliver on the brand promise. Today’s Article: Access to Capital for Branding – Factoring Factoring is when a business sells its accounts receivable, or invoices, to a third-party commercial financial company, also known as a “factor.” The business does this […]
Today’s Tip Best Practice: Before applying for a finance company loan, have a good credit score and a good business plan to show business success and loan repayment. Today’s Article: Access to Capital – Finance Company Another source of capital is from a finance company. These lenders take on higher risk commercial loans than banks. Examples […]
Today’s Tip Best Practice: Creating and growing a brand requires capital. Trade credit is ordering products or supplies on credit to lower initial capital needed. Today’s Article: Access to Capital – Trade Credits Trade credit is ordering products or supplies on credit to lower initial capital requirements. A supplier may extend you credit after you’re a regular customer […]
Today’s Tip Best Practice: There is a lot of competition for grants. Research, collaboration and partnering is critical to securing a grant today. Today’s Article: Access to Capital for Branding – Grants Grants provide money to a business that does not need to be repaid. Grants are more available to a non-profit or government […]
Todays Tip Best Practice: Most capital through the government are loans not grants. Most loans are tied into creating jobs. See if it is right for you. 139 Todays Article: Access to Capital – Government Loans Government loans can come from federal, state, county or city agencies. The federal government, the largest, provides access to capital through various […]
Today’s Tip Best Practice: Pre-selling and taking advance payment improves cashflow. Taking advance orders with no payment may help you get financing. Today’s Article: Access to Capital for Branding – Customer Financing Businesses can pre-sell products or services to customers to raise capital to start or grow a business. Advantages of a Customer Financing 1. Open to start-up […]
