The Financial Factor - Starting and Growing Your Business
These days, the old saying .It takes money to make money’ has never been more true.
Whether it's $500 or $50 million, your new start-up will cost you something. But how can
you tell what kind of funding is necessary and how much of it you will need?
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Letter from Ryan McNeil
The revolution in business finance in the past 25 years has created a tremendous
amount of wealth. As that money feeds back into the economy, experts say the best is
yet to come.
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Funding Sources: What’s what?
A good corporate finance advisor can help you evaluate various funding sources.
Choosing secured debt, subordinated debt or equity capital depends on your willingness
to give up ownership, the cost of the capital and how you plan to use the money.
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Financing your Business
Have your business plan in place and now you are looking for the tools to back it financially?
Here are some links to resources and databases designed to help you finance your business.
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CHRIS GEDNEY
Attributes that lead to success on the field also lead to success off the field
Chris Gedney is a former NFL player who spent eight seasons in the League with the
Chicago Bears and the Arizona Cardinals. Gedney makes his home in Phoenix, AZ and is
finding success in his post-athletic career as a mortgage banker.
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Investing in an Opportunity
In our continuing series where PBFN Connections asks successful entrepreneurs:
"What is the key to success when starting a business?" we went to financial planner and
PBFN member J.B. Corbett for some firsthand advice on some basic business start-up fundamentals.
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Have a success story you'd like to share? Let us know! info@pbfn.org.
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