Funding Your Start Up
Funding Your Start Up
There are three growingly popular options. One option is applying for a Small Business Administration (SBA) loan. These are loans specific to small business owners. The loans are typically at lower interest rates than a bank loan. The SBA has an application with specific requirements – one of which is a business plan – that are necessary. Once the application is complete, the loan package is then submitted to one of the various local organizations that work with the SBA. These organizations are usually local economic development organizations. These organizations usually have a monthly deadline for submitting SBA loan applications. It is important to find out the deadline and submit your application prior to that date.
Another growing option is Angel Investors. Angel Investors have funds set aside to assist small business owners. Angel Investors typically have specific industries, geographical locations, or areas of business development they support. It is important that all required information is supplied to the Angel Investor. Angel Investors require a business plan as well.
Joint Ventures are strategic partnerships developed between an individual/organization with an idea and an individual/organization with the necessary funding to make the partnership a reality. Joint ventures spread the risk and the cost as well as improve the speed to the market.
Funding Your Start Up - To learn more about this author, visit Brandy Adamson's Website.
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You have an idea for a business. You need funding for your start up. What do you do? There are many options available. You could take out a personal loan, max your credit cards, or call on the help of friends and family. Those are a few options the first two are not that appealing and your friends and family may not be in a financial position to assist. So now you ask, what options do I have?
There are three growingly popular options. One option is applying for a Small Business Administration (SBA) loan. These are loans specific to small business owners. The loans are typically at lower interest rates than a bank loan. The SBA has an application with specific requirements – one of which is a business plan – that are necessary. Once the application is complete, the loan package is then submitted to one of the various local organizations that work with the SBA. These organizations are usually local economic development organizations. These organizations usually have a monthly deadline for submitting SBA loan applications. It is important to find out the deadline and submit your application prior to that date.
Another growing option is Angel Investors. Angel Investors have funds set aside to assist small business owners. Angel Investors typically have specific industries, geographical locations, or areas of business development they support. It is important that all required information is supplied to the Angel Investor. Angel Investors require a business plan as well.
Joint Ventures are strategic partnerships developed between an individual/organization with an idea and an individual/organization with the necessary funding to make the partnership a reality. Joint ventures spread the risk and the cost as well as improve the speed to the market.
Funding Your Start Up - To learn more about this author, visit Brandy Adamson's Website.
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Staging DivaDebra Gould, aka The Staging Diva®, is President of Six Elements Inc., an internationally recognized home staging company. Inspired by many requests from aspiring home stagers wanting to start similar businesses, Gould created the Staging Diva Home Staging Business Training Program. Gould has trained over 1000 Staging Diva Graduates worldwide to start staging businesses. Buying decorating and selling six of her own homes in four years lead to an interest in real estate staging which she turned into a career with the launch of sixelements.com in 2002. Since then she has staged hundreds of homes in addition to teaching home staging training. Gould is the author of several home staging resources including a series of popular ebooks made up of a Design Guide, Color Guide and Portfolio Guide. For more information about Debra Gould visit stagingdiva.com. - Visit Staging Diva's Website |
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Linda RichardsonLinda Richardson is the Founder and Executive Chairwoman of Richardson, a global sales training and performance improvement company. As a recognized leader in the industry, she has won the coveted Stevie Award for Lifetime Achievement in Sales Excellence and she was identified by Training Industry, Inc. as one of the “Top 20 Most Influential Training Professionals.” Ms. Richardson is credited with the movement to Consultative Selling and is the author of ten books on selling and sales management, including Sales Coaching — Making the Great Leap from Sales Manager to Sales Coach, and Stop Telling, Start Selling. She teaches sales and management at the Wharton Graduate School of the University of Pennsylvania and the Wharton Executive Development Center. Linda is a frequent speaker at industry and client conferences, has been published extensively in industry and training journals, and has been featured in numerous publications, including The Wall Street Journal, Forbes, Nation’s Business, Selling Power, Success, and The Conference Board Magazine. Learn more about Richardson's sales training and performance improvement solutions at http://www.richardson.com web - Visit Linda Richardson's Website |
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 Brandy Adamson (Visit Brandy's Website) Brandy Adamson CEO, Alive Inc & ALIVE Magazine Business & Life Strategist Publisher Speaker Ms. Adamson is the owner of Alive Incorporated, a firm providing it clients with business consulting, brand management, marketing and coaching services. Through its newest addition to the Alive Incorporated family, Siri Publishing, Ms. Adamson also publishes ALIVE Magazine, a bi-monthly publication for aspiring and current entrepreneurial women of color. This magazine motivates, inspires, and encourages women to bring dreams to life. The mission of this publication is to nourish women’s dreams through access to resources, networking, development opportunities and avenues for advertising her business. A business and life coach, she coaches entrepreneurs and professionals to identify priorities and align their values and actions while developing effective strategies to make progress toward life goals. Her e-newsletter and blog talk radio show provide inspiration and motivation to its readers and listeners. Ms. Adamson is available for speaking engagements. The most requested programs are Empowerment, Entrepreneurship and Diversity. ed itor@alivemagonline.com
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