There is a habit to have in business that is arguably in the top three of the most important habits to have when communicating in written form. It is imperative that you re-read your notes, memos, letters, emails, proposals, SBA applications, or else anything written, if you don’t already that is. Ideally this should be…
Category Archives: Small Business Loan Tips
Bad Letter Practices
There’s a duality in business communications that not only hard to ignore, it’s annoying. Think for a moment about when you go to your mailbox or startup your email. The first few moments – minutes – are spent sifting and discarding junk mail. We’ve all gotten pretty good at spotting the sales pitches, the free…
A Local Place to Get a Loan
For any business and especially start-ups, you need money. There are many places to get money; the most obvious of course is a bank. For those of you in the market for a small business loan, the SBA is either your first visit or the one right after the bank. There is another source of…
7 Great Places to Find Financing
This post outlines seven places to find funding for your small business. It also outlines the advantages and disadvantages of each. At the end of the article there is a list of additional resources. A good read. Equity Financing Debt Financing SBA Loans Private Placement Initial Public Offerings (IPOs) Angel Investors Personal Funds Credit to…
Start Your (small business) Engines
Make sure to go over these great lists for starting up your own small business. Great to go over even if you have been in business. Checklists for starting your first business Thanks Becky!
Beware Of Small Business Schemes Part II Of II
Continued from the post on Friday. Evidence of earning projections need to be provided before considering investing. Have a list of questions for the promoters and interview them in person where the business is in operation. Never conduct business over the internet without the potential of meeting in person. It is important to be face…
How to Write a Business Plan
Ok, so you know you need a business plan for startup business loans. Well, John over at eventurebiz.net has a great article outlining the steps you need to take for that perfect business plan. Take a look!
3 Places to Look for Financing
Business Week has a great article on where to find start up business loans in places you may not immediately think of. Worth a read.
Beware Of Small Business Schemes Part I of II
With the potential of a full blown recession in the United States, there has been an increase in small business start-ups. Starting up your own business in hopes of generating new found wealth is a good thing, but would-be entrepreneurs need to be careful when searching for that perfect business fit. Don’t get suckered into…
Creative Financing For Your Small Business Part III of III
In continuation from Monday’s post. Grants….Small Business Innovation Research Grants (SBIR) is available if your company is a technology business. This is a federally funded program that mandates that certain agencies set aside part of their budgets to fund high-tech companies with interesting inventions that they want to commercialize. Grants are also available for women…