Starting and running a profitable business is tough. Each year, more than 20% of businesses fail before making it through their first twelve months of operation. While making a business work isn't easy, it is possible — if you're willing to put in the work. But to make a business work, you need cash. Finding the money to get your new venture up and rolling is usually one of the … [Read more...] about How to Get a Business Loan With Bad Credit: A Quick Guide for Entrepreneurs
Financing
11 Tips on Pitching Your Fintech Business to Angel Investors
Sometimes disruption opens the door to innovation. This was proven in the global financial services industry over the years since the Great Recession. Fueled by consumer-centric innovation and overflowing capital investment, the financial technology boom continues to show no signs of weakening. According to our friends at Fortunly, venture capitalist–funded startups … [Read more...] about 11 Tips on Pitching Your Fintech Business to Angel Investors
Franchise Business Financing Options: Startup & Working Capital
From a technical perspective, franchising is merely a marketing maneuver that can be used to expand an established company and/or, to generate additional working capital. At its bare bone basics, franchising is a business arrangement between an existing company (i.e., the ‘franchisor’ or ‘licensor’) and its new business colleague (you — the ‘franchisee’ or the ‘licensee’) that … [Read more...] about Franchise Business Financing Options: Startup & Working Capital
Flip Funding: A Guide for Real Estate Investors In Need of Quick Funding
“Flipping” is an investment strategy and technique with one essential objective — to generate a short-term profit. While this strategy potentially produces impressive profits, the process of “flipping” is an investment known to be highly speculative. Successful investment flippers often have a knack (or sufficient experience) for recognizing this risk and, to carefully … [Read more...] about Flip Funding: A Guide for Real Estate Investors In Need of Quick Funding
Funding a Business with a 401K (without Incurring IRS Penalties or Upfront Tax Obligations)
Most people don't know that the number one way entrepreneurs fund their startups is via their personal savings. More often than not, you will find that most lenders (i.e. traditional banks) don't provide business loans to startups. The top 3 options that most entrepreneurs have to fund their startup business (without giving up equity) include personal savings (via a 401k or … [Read more...] about Funding a Business with a 401K (without Incurring IRS Penalties or Upfront Tax Obligations)