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- Finding the funds necessary to start or expand a business until it can reach profitability
- Forecasting expenses and revenues as part of your business planning process
- Calculating how much money you’ll need to sustain your business until you break even
- Entrepreneurs often have to rely on personal assets to get a business started, but frequently don’t have sufficient funds
- Taking an alternate route and seeking support through a community development financial institution
- Options for investors that can support your early-stage company
- A service describing itself as the world’s largest community of investors and early stage investors
- Online tools for entrepreneurs to start, run, and raise funds for their companies
- Creating a free profile and getting started
- Grant funds do not need to be repaid and can provide targeted support for your small business
- Where to look to find grant opportunities
- Preparing a grant application and increasing your chances of success
- Lending authority, small business services, and other inquiries to make to a bank
- Weighing the benefits of a local, regional, or national bank
- Using a one-page information sheet to narrow down your options
- How much cash will you need in an emergency and where will you keep it?
- For entrepreneurs starting and expanding their businesses
- Help your business overcome unexpected financial events
- Common mistakes made by entrepreneurs seeking to run a business
- Failure to have a clear plan for finances, marketing, and other aspects of the business is a major shortcoming
- Entrepreneurs must also be willing to commit to a venture and seek help as needed
- Understand why a business plan is important and what it needs to accomplish
- This document provides crucial guidance and minimizes the chances that you’ll run into common mistakes
- Business plans can be dynamic documents, useful to both startups and established companies
- Understand different types of business plans
- Business plans can assist you when starting a business and when growing one
- Choosing wisely during the different periods of your business will help you better achieve your goals
- How an operating agreement can assist with the management of a Limited Liability Company
- For those looking forward to starting their company as an LLC
- Helps govern internal operations of the business in a way that suits the specific needs of the business owners
