Tag: business funding

For companies whose products have a high sticker value, being able to offer customers multiple payment options is essential. Accepting credit cards, cash and checks are fairly standard, but there are also other financing choices that could help give your business a competitive edge. One of these is retail financing. Sometimes called customer financing or consumer financing, retail financing provides customers with a short term installment loan for purchases above a certain level. Here’s how […]

Venture capital is a buzz phrase these days among entrepreneurs. Young companies that have secured business funding from venture capital are seen as rising stars with great potential. And yet, while large initial investments can help a company get off the ground, there are plenty of reasons why bootstrapping may be a better idea. Here are the top three: 1. Autonomy There is no substitute for having total control over your business. It is your brainchild, after all. You are the one who is passionate […]

No new business is devoid of setbacks and challenges. Even companies that go on to make millions of sales and find great success often make many mistakes in the early stages. While some business knowledge can only be learned the hard way, there are a few mistakes that can be avoided by learning from others’ experiences. Here are a three of the top financial mistakes to avoid as a fledging company: 1. Not Having a Cash-Flow Plan Becoming successful takes more than just opening the doors or placing […]

When your business is ready for that next round of funding, you might start looking for angel investors or venture capitalists to help finance your growth. However, the terms are not synonymous – even though they both contribute to your business funding, their motivations and roles are often very different. Here are a few of the main differences: Pay Schedule Venture capitalists (VCs) work for a group of professional investors who all contribute a portion of money to fund many projects. VCs […]

Entering into a relationship with an angel investor can be a huge business funding benefit to a new startup company. A large infusion of cash can go a long way towards purchases of needed inventory, machinery, employee salaries or any number of vital expenses for a growing business. However, angel investors come in many shapes and sizes. Each one is also motivated to invest by many different reasons. Discovering that specific motivation can help you decide if you are partnering with the right angel […]

A startup company is almost always synonymous with being short on business funding. Getting a business off the ground requires raising money and being efficient with that working capital. Here are a few tips to help you put your limited funds to good use as your business continues to grow. Keep Marketing to a Minimum In today’s digital age, there are so many ways to get your name out there without spending lots of money on traditional marketing. Start with Facebook, Twitter, Instagram and any […]

Securing funding from a knowledgeable and generous venture capitalist is the dream of many a startup business owner. Actually making that deal happens very rarely in the real world. There are millions of new businesses each year and only a finite amount of VC funds. If you are hoping to woo some VC funding soon, the key is proving that your company stands out among all the rest. They will want to see numbers that confirm your claims of being a company with huge growth potential. One of the first […]

Many new businesses go under not because people don’t like their product or service, but because they have problems managing their cash flow. The large amount of working capital they started the month with disappears and no one seems to know where or why. If your company is struggling with keeping positive cash flow, here is the prescription to cure your financial woes. Track Every Cent With so many transactions occurring every month, a tracking system is essential to figuring out what is happening […]

The major credit reporting agencies are being forced this summer to change some of their data collection policies, a move likely to buoy personal credit scores and give small business owners access to more business funding. Because of a 2015 settlement with the New York Attorney General, the three major credit bureaus – Experian, Equifax and TransUnion – are altering some of their policies that will affect the credit scores of millions of Americans. Before the settlement, the big three agencies […]

When you are in need of some working capital for your business or a round of funding for a new business stage, getting your hands on that cash can be much harder than it should be. It usually takes much more work and perseverance than just going down to your bank and asking for a small business loan. It can be an arduous and exhausting process to track down the right funding. When you do not have either the time or the expertise to do that, you might consider hiring a lending advisor. A lending […]