A question that is often asked is, How much OPM can one get for one’s business venture? “Are you talking about a few hundred dollars, or a few thousand?” you ask. “After all, the amount can make a big difference in my business deals.” That’s a fair question, from an intelligent reader. It shows that […]
You may think that a board of directors is reserved for large corporations with shareholder investments to oversee and strategic decisions to be made. The truth is that many small businesses can benefit from a board of directors. If you structure your business as an S Corporation or a Corporation you are required by law […]
Let’s use the worst-case principle to explore ways you can obtain capital without a credit rating. I’m not saying you find it impossible to obtain credit — we’re talking about Mr. Worst Case. He’s a guy who really needs help. All of us can learn something from his experiences. Mr. Worst Case needs what for […]
Are there ways to get venture capital that make it easier to find the money you need? Yes, there are. Here are 9 secrets to getting that venture capital money. 1. Your business must be a full corporation that issues stock to stockholders who want to own it for future growth. You can’t get venture […]
THERE ARE PROBABLY MORE PEOPLE with bad credit in this world than people with good credit. If you’re either type of person you may want to consider borrowing collateral to make your credit stronger or to reduce your interest cost (if you have a good credit score). With this asset now on your balance sheet, […]
When you’re reaching out to banks and investors to inject money into your business venture, it’s time to make sure you have all of your key pitch assets in order. Most of these assets are built from the same basic content and are simply reworked to fit different needs and requests. Once you have the […]
Venture capital is available for a number of businesses that are developing products for large markets. You hear about some of these companies, many in the technology field, nearly every day. Did you know that grants may also be available for the same businesses? So which should you take: venture capital (VC) or a grant? To […]