[ad_1] You were counting on that small business loan to help your business grow, but the bank said “no.” If it makes you feel any better, you’re not alone. Over the last couple of years, large banks have been reducing the amount of loans that they’re issuing to small businesses. The Wall Street …
Read More »What 25 Years and $200 Million in Financing Taught Me…
[ad_1] I like to think of myself as a young man, but I guess I have a full head of grey hair now. I’ve run three different tech startups, a public company for seven years, raised a lot of money and bought and sold a number of companies. I’ve managed …
Read More »The Number One Reason Banks Deny Loans to Many Small Busines…
[ad_1] Reader Resource Join Entrepreneur’s The Goal Standard Challenge and make 2017 yours. Learn more » The following excerpt is from the staff of Entrepreneur Media’s book Finance Your Business. Buy it now from Amazon | Barnes & Noble | iTunes No one ever promised that the challenges to growing a small business would be minor. …
Read More »5 Steps to Raise Startup and Expansion Capital…
[ad_1] What is the one thing that stops many potential entrepreneurs from chasing their dreams? Money. Not everyone can secure a business loan — or wants to put his or her personal assets on the line — and the majority of startups never receive a dime from VCs. Dreams die …
Read More »Entering a Small Business Funding Contest…
[ad_1] The following excerpt is from Entrepreneur’s book Finance Your Business. Buy it now from Amazon | Barnes & Noble | iTunes Prizes from business contests run the gamut. A seemingly infinite number of local and business-school competitions offer small-change awards of $5,000 to $15,000; meanwhile, Rice University doles out …
Read More »What Exactly Is Your Income Statement Telling You?…
[ad_1] Our very first consulting client was a home health-care business. As part of our initial analysis, we asked to see financial statements, and the owner handed us a three-ring binder containing monthly financials — meaning an income statement, balance sheet and cash-flow projections. Related: Income Statement Each three-page statement was neatly …
Read More »Starting A Business? You Need These 3 Basics….
[ad_1] The decision to start a business is exciting, but don’t get caught up in the fairytale. If you want your business to succeed for the long-term, have these three essential elements in place. 1. Enough capital for six months. The time it takes to turn a profit will vary between industries …
Read More »For Those Women Looking to Get Into the C-Suite, This Unlike…
[ad_1] During the recent election cycle, key states like California, Massachusetts and Florida opened the door to medical or recreational marijuana usage. Now 29 states have legal pipelines for the exploding $8 billion cannabis industry. The unlikely winners of this growing opportunity and finance pipeline? Women. Gender parity means more …
Read More »10 Questions to Ask Before Applying for a Bank Loan…
[ad_1] The following excerpt is from the staff of Entrepreneur Media’s book Finance Your Business. Buy it now from Amazon | Barnes & Noble | iTunes Applying for a bank loan involves much more than filling out paperwork and saying a prayer. Among other things, you need to consider the state of your personal and business …
Read More »5 Ways Venture Capital Can Steal Your Dream…
[ad_1] When faced with the frustrating constraint of limited capital, many entrepreneurs contemplate venture capital (VC) as a potential solution. Armed with a compelling vision, marketplace traction and a high revenue growth rate, these businesspeople believe that the only thing standing in their way is their lack of cash to scale the organization. …
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