Finance Advice

Do you want to raise money for your startup but don’t know where to source funds? If YES, here are 50 best small business financing options and tips. Many aspiring entrepreneurs already have great and lofty ideas of how to start and run profitable businesses, but there is almost always a snag in these well …

Is lack of capital holding your idea from take-off and you need other sources of funding? If YES, here are 4 best alternative ways to finance your small business. How do you raise capital to start a business when you don’t have the money? How do you start a business when no one wants to …

Are you about asking your family for fund? If YES, here is a complete guide on how to successfully raise seed capital for your business from family and friends without wrecking your relationship with them. It is one thing to know how to finance a business, but it is a different ball game entirely to …

Raising capital for your startup or funds for your small business expansion plans is no doubt one of the most challenging aspects of starting or growing a business. This is why you must be adequately prepared for the task. Seriously, raising money for your business is not a piece of cake; as you almost have …

What are the basic traits possessed by successful fund raisers. Every entrepreneur knows that there’s more to raising funds than simply stretching out your hand to ask for money. To successfully raise capital, there are certain traits, characteristics or qualities that you must possess. Your ability to develop and use these traits tactically will go …

In addition to having the qualities or traits listed in Part B of this chapter, I have highlighted six additional measures you can adopt or implement to further prepare yourself for the harsh challenges you will face while trying to raise funds for your business. Below are the six additional action tips. 1. Plan the …

Debt vs equity financing: Which is the best fund raising option for your small business in the short or long term? Here is a detailed comparison to help you. When it comes to raising money for your new business, you have two options to exploit. The first is to borrow money (debt financing), and the …

CHAPTER FIVE: Part B – There are always two sides to a coin; and for every action, there is an equal and opposite reaction. The same is also applicable in business especially when it comes to taking critical management decisions. Now with respect to debt financing, there is an advantage; as well as a corresponding …

CHAPTER FIVE: Part C – Before jumping into the game of raising capital, it is very important that you critically weigh the odds of seeking external small business financing. Having looked at the advantages and disadvantages of debt financing for small businesses, let us now do the same for equity financing. Advantages You can use …

When it comes to raising funds for business, there is always a recommended shot you are advised to take first, especially when you are a first-timer to the fund raising process. Many guides like this one will advise you to get ready to answer myriads of questions when trying to obtain funds for your business …

Is taking your company public a good move? This is the question most entrepreneurs of rapidly growing businesses ask. Well, this article will try to answer in detail. Taking a company public is not child’s play, as the process and financial costs involved can overwhelm both the business and the entrepreneur or management team. Usually, …

The decision to go public can be one of the most important ones in a company’s history; and one of the most challenging. This explains why a company needs expert direction and assistance to launch a successful IPO. While your company will have the opportunity to select many of the players in the IPO process …

While going public can signify to the outside world that your business has achieved a special kind of success, the strategy has its own fair share of ugly cons. Before taking your company public, it is advisable to weigh the advantages and disadvantages of doing so; and you should do so alongside a group of …

Taking your company public is another strategy you can adopt to raise funds for your business. However, this strategy is not suitable for generating seed capital; as only existing and growing companies can go public due to the stringent rules and government scrutiny. So, if you already have a healthy, thriving business and you are …

If the banks are shutting you out with their long list of requirements, and you seem to be going crazy because the angels and venture capitalists you approached are rejecting your offer, then crowdfunding might be the perfect alternative for you. In this chapter, you will learn about crowdfunding as a small business financing option …

While crowdfunding may be a soothing alternative to bank loans and equity financing options, it has its own upside and downside. And you shouldn’t plunge into a crowdfunding campaign until you have really weighed the advantages against the disadvantages. 5 Advantages of Raising Funds through Crowdfunding 1. Access to capital Crowdfunding can provide you with …

Okay, so you have finally decided to raise money for your business through crowdfunding. Well, below is a detailed step by step guide to setting up and running a successful crowdfunding campaign online. The success rate for raising funds successfully through crowdfunding is very slim. Why? The reason is because it takes a lot of …

Have you tried raising capital from various sources (like angels, VCs, bank loans, grants, etc) and failed? Then below is an in-depth guide on how to raise funds through an alternative financing option called Mergers and Acquisitions. Mergers and acquisitions always involve existing businesses, and so they may not be on your list of plans …

Do you want to expand your business and you need to raise funds for it without going into long term debt or giving up equity? Then here’s an-in-depth guide to using equipment leasing as an alternative financing option. Equipment leasing is one of the easiest, yet commonly overlooked ways to finance your business. Although it …

How do you finance a business with 401K? What are the steps and requirements involved? Is it wise to start a business using 401K? How do you start a business using your retirement fund? If you seek answers to the questions above, then below is a beginner’s guide to financing a business with 401K. There …

Do you need funds to expand or buy an existing business but have no down payment? If YES, here are 2 guaranteed ways to finance your business with no money down. The recent economic downturn caused a lot of people to lose their jobs and businesses, and the worst thing about this terrible situation is …

As a business owner, your chances of getting business loans to finance your business hinge largely on your credit score. If you have a high credit score, you will easily get credit offers from a wide variety of sources. But if your credit score is low, you will miss out on most of these offers. …

Do you want to know the best financing option between getting a line of credit vs business credit card? If YES, here is a detailed comparison and advice to help you. If you need funds to expand your business or execute certain business-related projects, you can apply for credit at your bank or some other …

Do you know how to write a business proposal that gets the needed attention? Do you need a sample format on how to write a business proposal that wins? Then i advice you read on. You have come about a great business idea. You have done all the necessary research. You have conducted your feasibility …

Many self-employed professionals and small business owners in the United States work exclusively from the comfort of their homes, earning their income without having to commute to and from an outside office. If you are one of these people, then you can recapture or claim home office depreciation for the portion of your home that …

Knowing the worth of your business as you progress should not only be necessitated because you may want to sell it in the near future, but it is important to do so to know how prosperous you have been able to build the brand from an idea’s stage into what it has grown to become. …

In-house vs third party customer financing: Which is the best? Do you want to know? If YES, here is how to offer financing to your customers in 6 simple steps. Offering consumer financing is one of the most effective tools for increasing revenue in your business. Customer financing options let consumers acquire goods or services …

Is lack of capital hindering your plans to start a new business or buy an existing one? If YES, here is a complete guide on how to get finance for your business. Do you know that the best creative or innovative idea in the world is yet to be unleashed or invented? Do you know …

Do you need fund to start a business but no one will lend you due to bad personal credit? If YES, here are 20 alternative ways to raise money with bad credit. Anticipating the prospects and success of a business idea can be really exciting indeed, but the thoughts of how to raise capital especially …

Are you looking for startup investors or a business partner with money? If YES, here are 9 tips and places you can find business partners and investors. The early days of starting a business when you have very little cash, a lot of things to do and maybe no one to help you out, can …

Net worth is the value of all the non-financial and financial assets owned by an institutional unit or sector minus the value of all its outstanding liabilities. But to put it simply, net worth is basically the amount by which assets exceed liabilities. It is a key for individuals and businesses to measure how much …