All posts by Mariela Merino

Whether you are seeking funding to grow your business or not, startups and high-growth businesses can learn a lot from angel investors. If you pitch to them but get turned down, you can learn from their feedback which will be really valuable in helping you think about what changes you need to make to meet your funding goals.

Your business needs funding, but you might not want to turn to traditional banks and lenders. One option to consider is to ask friends and family to help fund your startup business. Many new business owners bootstrap or self-finance their business but it does not mean that every entrepreneur saves up their own money, opens a line of credit, seeks a loan from the bank. Sometimes for some people it makes more sense to simply ask friends and family to help.

When an entrepreneur starts a new business without outside investment, experts call it bootstrapping. Bootstrapping is building a company from personal finances or from the operating revenues of the new company. The term bootstrapping is also used when someone uses borrowed money backed by their own personal assets, so they keep the entire risk and the entire ownership.

If you are putting together a business plan for a loan or investment, your cash flow statement is one statement that your plan needs. Investors want to see how much cash is moving into and out of your business. Your cash flow statement helps you understand how much cash you need to raise and by when you need it.

Maintaining your business through hard economic times has probably led you to cut down on costs, revise your sales projections, and possibly seek out a loan to help you stay afloat. The Small Business Administration (SBA) has created a disaster loan that has less strict eligibility criteria and a streamlined application process to make more funds available for more businesses.

When you start your business, you need to try to estimate what your startup costs will be. It is complicated but a necessary process to get your business off the ground successfully.

Starting a business has its ups and downs and it is a risky endeavor in which few things are guaranteed. No matter big or small, they all face a large variety of potential risks. Every risk is amplified for small business owners because when something goes wrong, it can affect a small company which is not true with large corporations. This is why it is important that one puts a risk management plan together and be one of the first steps that any small business owner takes.

Taking out an SBA loan is a great option for many business owners. Whether you are aiming to grow your company or just stay afloat, having a small business loan is an essential tool for a business owner. However, it is crucial that you that you can afford to make the loan payment. Read on to learn about the facts you need to know when taking out an SBA loan.

If you are a small business owner, you might have heard of various loans to help you get funding for your business. One of the many types of loans are unsecured loans which differ from standard business loans and we are going to discover today why and how you can use it to help your business thrive.

It is a fact that loans are getting harder to obtain, especially for small businesses. Issues with obtaining equipment financing is the problem that prevents companies from growing or even starting. Today, business owners have no choice sometimes to use financing options that have high interest rates. These risks might be worth it because if the company does not provide more competitive products then the company might not survive.