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There are seemingly millions of articles out there on the Internet handing out advice on how to financially run a better business and it can be difficult to sort through all the static. In reality, there are a few basic principles that when followed will lead to success time and again.

1. Have Focus and Stick to It
A business will be successful and find the needed investors when it has a clear mission and fulfills a real need. It is important to define your company’s meaning and then make financial decisions based on that purpose. Venture capitalists and angel investors will be attracted to firms that truly believe in their product or service. On the flip side, make sure you choose investors that care not only about your profits but about your company’s mission. Otherwise funding may dry up as soon a sales hit the first rough patch.

2. Work with What You’ve Got
While it might seem nice to have plenty of investors upfront, most companies can get started these days with just a little money. With the aid of free online marketing like social media and local trading websites, free communication services like Skype and online accounting, payment, and invoicing tools you may not have need of a small business loan or venture capital for a while.

3. Surround Yourself with the Right People
Picking the right team of employees may not seem like it has much to do with your business’ finances but it really does. Venture capitalists and angel investors are investing in people more than in a business. That means assembling employees who have great experience and can really help attract investments in your small business.

4. Numbers Are Important
It is essential to be nit-picky with the financial numbers. You need to know every dollar that is coming into your business as well as every dollar that it being spent. Tracking those numbers consistently as well as reviewing them often will help you see where there are financial inefficiencies. Also have a budget and sticking to it is age-old advice that really has no substitute. Plan where you want to spend your money and stick to it!

While there are plenty more rules and tips about how to stay financially safe as a business owner, these four essentials will get you solidly headed in the right


Search for Small Business Loan Sources and receive your matched lender list
AND received FOUR free Business eBooks worth $39.95!
Search for Small Business Loan Sources