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MyNext30.com, in conjunction with Lew West Business Consultants, (www.lewwest.com)offers Tips, Articles and Comments about how you and your business can overcome hurdles and flourish for the next 30 years!

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Jun
24

Lenders and Investors look for11 Things – Part II

written by Lew West

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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Jun
15

Lenders & Investors Look for 11 Things part 1 of 3

written by Lew West

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 »

Mar
11

5 Product or Service Pricing Tips

written by Lew West

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 [...]

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Feb
21

What Do You Do If You Have a Great Concept But Need Funding?

written by Lew West

ShareWhat Do You Do If You Have a Great Concept But Need Funding? 
You have a new “Concept” or “Idea”.  Congratulations!  Now what do you do?
If the acquisition of capital is your primary goal for your business, then let’s take a step back and see what you need to do.
Many entrepreneurs become so excited with [...]

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Jan
31

5 Basic Steps Defined for Long-Term Profitability

written by Lew West

Share5 Basic Steps Defined for Long-Term Profitability
In case you hadn’t noticed, many articles, experts, textbooks, etc. tell you that you are “confused” if you don’t subscribe to their particular definition of business terms.  I too have my set of definitions, and because this is my Blog you will find them listed below.
Please understand that my [...]

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Jan
3

11 Things Lenders and Investors Looking For

written by Lew West

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 have [...]

Read More About - 11 Things Lenders and Investors Looking For »

Oct
6

Which Banks are Approving SBA Loans?

written by Lew West

ShareThe ARC loan is becoming even harder to get, and what loans are being granted are to a much smaller community of small businesses than the stimulus money was designated to serve.  However, the great help to your business makes it still worth the effort to do your best to get one.   Don’t take no [...]

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Oct
5

New ARC Loan May Help Starving Businesses

written by Lew West

ShareThe following is an article from the Jul 8, 2009 Inc. Newsletter by Keaton Gray 
Critics say the $35,000 loans aren’t enough to help the vast majority of small businesses, while lenders grumble over the paperwork.

Read More About - New ARC Loan May Help Starving Businesses »

Sep
13

11 Things Lenders and Investors looking for

written by Lew West

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 - 11 Things Lenders and Investors looking for »

Sep
9

Does Your Business Qualify for Stimulus Money?

written by Lew West

Share
Under normal conditions there is a good chance you would qualify, but in Colorado under current conditions – maybe not.
In the August 1, 2009 Denver Post, an article by Miles Moffeit makes the possibility of acquiring Stimulus Money appear close to the same odds as having the winning Lottery ticket. Currently loans are limited [...]

Read More About - Does Your Business Qualify for Stimulus Money? »

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