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Focus:  Lousy Economy.  Need Money?

Don't let the pundits mislead you.  Yes, these are dire times.  Yes, the money is tough to come by.  Yes, you will likely need a business plan to get much money of any kind.

But it IS there.

Venture capital has been sitting in coffers for a long time now.  VCs aren't letting go easily, but there is a lot there.

SBA has funding.

If you've got an existing business, try Cash Advances.  It's a great source for ready cash.

Bootstapping is very much in style.

Small Business IPO's are still going strong.

The US, and world, economy is settling into a period of "hard to get money".  It's not something new.  It happens every few years.  This one is a bit more staggering that the dot-com bust of 2000.  The dot-com bust hit the big mucky-mucks in the venture capital world.  I think a lot of let go a grin when they got their come-uppance.

This economic slowdown is going to touch everybody in one way or another.

If you think you will be needing money over the next few years, get it now.  Don't wait.  It's not going to get better for 2 to 3 years.  Really put your business plan in shape.  Have a really good reason why you need financing, with a really strong payback program, and you'll do fine.

 

 Too Good to Miss

Deloitte Insights

Deloitte Insights is a weekly audio business news podcast that delves into the business strategies that address the issues affecting your industry. Topics such as globalization, accounting, tax, finance, technology, risk management, governance and much more are discussed with some of the industries’ most experienced minds at the Deloitte Touche Tohmatsu member firms.  The information is particularly valuable for up to date trends in your own industry.

Check it out here
 

Your Free Business Plan

How about franchising your business?  Then a tiny sandwich shop becomes a nationally known business.  That's what this business plan proposes.

Here is the business plan
 

 

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