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Funding and Financing Options |
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 Tips and Info
1. Create a financial plan.
2. Understand your profit &
loss statement.
3. Plan ahead
4. Start your business on a
smaller scale.
5. Make sure you can sustain
growth. |
Financial
Viability
Knowing what type of financing
you need and how to secure it,
can be a time consuming
proposition. When looking for
financing it is important to
understand what you need, why
you need it and if you can repay
the loan.
When looking for financing, it
is important to create a
financial plan. Whether for
internal or external use, a
financial plan helps you avoid
the issues that arise concerning
cash flow. Your plan will also
anticipate the true needs of
your business and help you keep
borrowing in line. It is
important to make sure that you
can sufficiently pay back the
loan on time and consistently. |
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Financial
Resources Guide |
Personal
Options
- Personal Savings
- Credit Cards -
Business/Personal
- Credit Line for your
business
- Second Mortgage
- Friends, Family &
Relatives
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Business
Options
- Bank Loan
- Private Offerings
- Venture Capital
- Small Business
Association
- SCORE
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