How to Obtain Funding For Your Start-Up and Loans for Your Business
By LC Green
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About this ebook
“Show me the money,” has always been the number one problem for start-ups and small business owners. As a result, too many small businesses fail within the first 18 months due to cash flow problems.
LC Green’s book, "How to Obtain Funding for your Start-up and Loans for Your Small Business," addresses these critical issues and offers solutions to these problems.
—You will learn how to get loans from the bank
—You will learn how to raise funding for your business.
—You will learn alternate, little known methods of raising money such as Small Business Administration grants.
—You will learn how to use social media to get business loans.
This is a short, concise book chock-full of information.
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How to Obtain Funding For Your Start-Up and Loans for Your Business - LC Green
introduction
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Joe S. opened a small corner café with its main product being smoothies and yogurt. His goal was to be a smaller version of Jamba Juice. He even envisioned having a franchise of his healthy drink cafés. Everything started out perfect. The stainless steel fountains were glistening, the various fruit drinks were colorful, and the blenders were as pristine clear as glass. However, one year later, Joe’s newfound customers went to the location and found that the café was closed. So what happened?
Do you think Joe intended for his small business to fail?
How many times have you seen small businesses open, then close within the first year? Unfortunately, this is not unusual. In Forbes magazine, "According to Bloomberg, 8 out of 10 entrepreneurs who start businesses fail within the first 18 months. A whopping 80% crash and burn." http://onforb.es/1QPDFyR
As a small business owner, yourself, do you worry if you will be able to keep your doors open? Have you ever wondered how you could keep your cash flow going, or if you were going to be able to start or stay in business at all?
What is the number one reason for businesses failing?
The number one reason businesses fail is because the businesses did not have a well thought-out plan. As the saying goes, if you fail to plan, then you plan to fail. So how can you keep from becoming a statistic? You can plan to arm yourself with needed information as to how to get money for your business.
Let’s examine the source of the problem. The biggest reason for business failure is generally because of a lack of funding and a shortage of cash flow.
How you fund your business will have a lot to do with your successful outcome. So in the next chapters, we will look at a number of different ways to fund a small