Lenders and Investors look for11 Things – Part II
ShareWe discussed small banks and third party lenders last week in Part I. This week in Part II we summarize 1-8 of the 11 things Lenders and Investors look for.
1. The Plan describes a marketable idea.
Lenders and investors want to see proof that customers want your product or service and are willing to buy it [...]
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Lenders & Investors Look for 11 Things part 1 of 3
ShareFirst off, don’t write off the smaller banks too quickly. A number of small banks have funds available and are often more willing to loan them, but you need to have been in business for over two to four years, depending upon the lending institution, and show proven profitability. It isn’t easy, but if you [...]
Read More About - Lenders & Investors Look for 11 Things part 1 of 3 »
10 Things That Build Business Value!!
ShareThinking of selling? Expanding? Secure Funding? Retire? Other?
10 Things That Build Business Value!!
1. Establish your brand in the marketplace.
2. Develop your operations manual. Put systems into place that will let your business maintain or grow in your absence.
3. Be vigil in keeping your books current; showing accurate, clearly identified and consistent records. (Remember, besides [...]
5 Product or Service Pricing Tips
Share1. When you have a product basically the same as all of your competitors, it is how you treat your clients that will make you stand out from the crowd. If you do what you do well for them, and go that extra mile in customer service, your clients with actually pay you for the [...]
Finding Success in Your Why
Share An Article By Todd Falcone
Have you ever taken the time to ask yourself these questions?
Why am I doing this business? No, really – why am I investing the time to do this every day? What’s the purpose? What reasons cause me to do this, versus not doing this?
Is your reason simply a surface answer, like [...]
