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The Latest Questions Small Businesses Are Asking

Up and Running

Part of a venture feasibility study is to look at what financial resources are already available in personal bank accounts, equity in a home, life insurance, family and friends or from selling assets. A major cause of business failure is not having enough cash available to cover all startup costs and operate for at least a year.

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10 Things the Bank Will Ask When You Need a Business Loan

Up and Running

One exception to the rule is that the federal Small Business Administration (SBA) has programs that guarantee some portion of startup costs for new businesses so banks can lend them money with the government, reducing the banks’ risk. CPAs get sued over bad audits. Collateral. See Also The Complete Guide to SBA Loans.

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8 Essentials To Qualify Your Startup For A Bank Loan

Startup Professionals Musings

That’s why angel and equity investors are so sought after by entrepreneurs. Pay particular attention to the financials, and have a CPA friend review for reasonableness before presenting. Most loan programs, and most investors, want to see that you have “skin in the game’ before helping you.

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8 Strategies To Improve Your Odds Of Getting A Loan

Startup Professionals Musings

That’s why angel and equity investors are so sought after by entrepreneurs. Pay particular attention to the financials, and have a CPA friend review for reasonableness before presenting. Most loan programs, and most investors, want to see that you have “skin in the game’ before helping you.

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8 Keys To Convincing A Bank To Fund Your New Venture

Startup Professionals Musings

That’s why angel and equity investors are so sought after by entrepreneurs. Pay particular attention to the financials, and have a CPA friend review for reasonableness before presenting. Most loan programs, and most investors, want to see that you have “skin in the game’ before helping you.

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How to Become Your Own Boss in 2015 (Webinar Recap)

Up and Running

Those of you that have had the opportunity to go to college, I am quite sure that you probably know someone who is a CPA and someone who is a lawyer and you want to add those two people to this kitchen cabinet as well because you need professional advice. Now what are your basic startup costs?

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How Entrepreneurs Qualify for Funding from Banks

Startup Professionals Musings

Pay particular attention to the financials, and have a CPA friend review for reasonableness before presenting. Most loan programs, and most investors, want to see that you have “skin in the game’ before helping you. Clean up your credit rating before you apply. Show a significant personal investment.